Compensation and Benefits Analyst

Connexus Credit Union - Who We Are:

Serving members across all 50 states, Connexus Credit Union is a member-focused cooperative that is proud to return profits to member-owners through high yields for checking accounts and deposit products, as well as competitive rates on our loans. We are a remote first employer with the majority of our employees residing in the upper Midwest.

As an employer we foster collaboration and high performance to achieve excellence. We holistically care for and develop our employees to thrive personally and professionally. We are proud to share our success with our employees and those we serve.

Connexus offers an Amazing Benefits package:

• 25 days of paid time off and 10 paid holidays
• 16 hours of paid Volunteer Time Off
• 401K Retirement with up to 6% employer match
• Excellent Health, Dental, Vision insurance, including multiple plan options
• Health Savings Account with generous employer contributions
• Employer paid Life insurance, Short-Term and Long-Term Disability
• Tuition Reimbursement from $4,000 - $7,000 per calendar year
• Robust Learning and Development program that includes an annual professional development stipend

Responsibilities:

Benefits Administration & Compliance

• Support administration of health and welfare benefit programs, including vendor coordination and issue resolution.
• Maintain and execute required benefits compliance and reporting activities (e.g., CMS reporting, CAA reporting, PCORI fees, nondiscrimination testing).
• Establish, manage, and continuously improve ACA processes, including eligibility tracking, measurement periods, reporting, and audit readiness.
• Assist with annual benefits renewal processes including data gathering, analysis, and implementation support.
• Partner with vendors and internal stakeholders to ensure accurate and timely benefit administration.

Retirement Plan Administration

• Support administration of retirement plans including 401(k) and 457(b).
• Coordinate plan documentation, payroll processing, and employee transactions such as rollovers and distributions.
• Support 401(k) compliance activities including census preparation, audit support, and Form 5500 reporting.
• Manage vendor coordination including access, file feeds, and issue resolution.

Workday & Systems Administration

• Maintain and support benefits and compensation configuration within Workday, including eligibility rules, plan setup, and business processes.
• Support Workday releases through testing, validation, and production readiness.
• Monitor and support vendor integrations to ensure accurate data flow between systems.
• Assist in identifying opportunities to improve system efficiency, automation, and data accuracy.

Payroll & Audit Support

• Support benefits-related payroll processes including billing reconciliation, arrears tracking, and deduction accuracy.
• Perform audits related to benefits deductions, HSA limits, retirement plan limits, and payroll integrations.
• Assist in managing benefit earnings and deduction code setup and maintenance.
• Support open enrollment configuration and validation within Workday.

Compensation Support

• Assist with job evaluations, compensation data updates, and benchmarking support.
• Support compensation processes such as merit planning, market adjustments, and incentive administration.
• Maintain data integrity within compensation systems including PayScale and Workday.
• Assist with reporting and analysis to support compensation decisions and workforce planning.

Reporting & Analysis

• Produce standard and ad hoc reports related to compensation and benefits programs.
• Support audits and compliance reviews through accurate data reporting and documentation.
• Identify trends, discrepancies, and opportunities for process improvement through data analysis.

Employee & Leader Support

• Provide support to employees and leaders regarding compensation and benefits programs.
• Assist in resolving inquiries related to benefits, payroll deductions, and compensation processes.
• Contribute to a positive employee experience through accurate, timely, and clear administration of total rewards programs.

Position Requirements:

• This position is Remote.
• Bachelor’s degree in Human Resources, Business, Finance, or a related field is Required.
• 5 years of experience in compensation, benefits, HR operations or payroll is Required.
• Experience supporting benefits administration and compliance processes is Required.
• Previous experience working with HRIS systems such as Workday is Required.
• Understanding of compensation and benefits compliance (FLSA, ACA, ERISA, CMS reporting, etc.) is Required.
• SHRM-CP, CEBS or CCP Certification.

Connexus Credit Union's Employer Recognitions:

• 2026 Best Place to Work in IT, Computer World

Equal Opportunity Employer/Disabled/Veterans/41 CFR 60–1.4, 41 CFR 60-1.35