What are the responsibilities and job description for the Senior Benefits Analyst position at Shawmut?
Overview:
Here’s a glimpse into what we offer:
We look forward to hearing from you!
EEO Information:
At Shawmut Design and Construction, we take pride in the culture we’ve built as a 100% employee-owned company—one that’s been recognized with more than 100 Best Place to Work awards. We’ve been honored as a National Fortune Best Workplace, a Fortune Best Workplace for Women, Millennials, and Parents, and one of America’s Best Employers by Forbes—along with numerous regional recognitions across our 15 offices nationwide.
Here’s a glimpse into what we offer:
- Health, Dental, and Vision Insurance.
- Employee Stock Ownership Plan (ESOP) – Be an employee-owner!
- 401(K) with Company Match – Receive a company match up to 4% of your eligible pay.
- Generous Paid Time Off – vacation and sick time, 12 holidays, summer Fridays, and a yearly volunteer day.
- The Extras – Cell phone, laptop, tuition reimbursement, pet insurance, financial planning services, and more.
Please note: this position works out of our Boston office 3x per week, with the option to work from home 2x per week.
The Senior Benefits Analyst manages day-to-day benefits administration and assigned projects, using data to improve accuracy, manage risk, and strengthen employee service and cost visibility. This person partners with Payroll, HRIS, PST Business Partners, and vendors to resolve issues, improve processes, and meet deadlines.
- Analyze benefits, payroll, and vendor data to identify discrepancies, patterns, and emerging issues. Validate findings, make corrections, determine underlying causes, and recommend practical corrective actions.
- Initiates 401(k) contribution file and calculate monthly match
- Develop an understanding of how plan provisions, system configuration, payroll deductions, and vendor processes interact. Ask thoughtful questions and trace issues across these connections to resolve problems and prevent recurrence.
- Participate in benefits-related projects, system enhancements, acquisitions, integrations, and continuous improvement initiatives.
- Exercise independent judgment in resolving routine and complex issues within established policies and procedures.
- Audits of enrollments, eligibility, payroll data, deductions, contributions, and benefit data to ensure accuracy, compliance, and data integrity.
- Participates in annual US benefits open enrollment working closely with other team members
- Serve as a day-to-day contact for assigned vendors; track service issues, confirm corrections, and escalate unresolved concerns. Monitor recurring problems and recommend service improvements.
- Partner with HRIS and Payroll to maintain benefits data and troubleshoot file transmissions, eligibility rules, and deduction discrepancies. Test benefits configuration changes and document results.
- Identify opportunities to simplify administration, automate repeatable reporting, and reduce manual work while preserving accuracy.
- Updates data systems and vendor online enrollment sites to ensure data integrity.
- Develops reporting proficiency in data systems to maintain integrity between systems.
- Prepare and validate data for benefit plan audits, required reporting, Form 5500 preparation, and nondiscrimination testing in partnership with benefits leadership and external advisers.
- Support regulatory compliance, testing, audits, filings, reporting requirements, and the maintenance of accurate plan documentation.
- Resource for employee benefits inquiries, providing outstanding customer support and resolving complex benefit-related concerns.
- Create employee communications, knowledge resources and educational materials
- Support employees during life events, benefit enrollments, and retirement planning activities.
- Conduct new-hire benefit orientation sessions and employee communication sessions, as needed
- Experience: 5 years of experience in benefits administration.
- Workday experience preferred but not required.
- Bachelor’s Degree required.
- Excellent verbal and written communication skills.
- Demonstrated initiative, follow through, resourcefulness, efficiency and attention to detail.
- Strong working knowledge of MS Office (MS Word, Excel, PowerPoint).
- Ability to learn new software and applications.
- Ability to quickly learn organization structure and stakeholders.
- Ability to create a culture of inclusion and belonging by acting with courage, humility and curiosity; desire to learn about others and self-reflect.
We look forward to hearing from you!
Shawmut prohibits discrimination against any staff member or applicant on the basis of race, color, sex, sexual orientation, gender identity/expression, age, religion, national origin, marital status, veteran status, pregnancy, physical or mental disability, genetic information, disability, creed, citizenship status, or any other legally protected characteristic.
Salary Range Information:
Boston Base Salary Range: $100,000 - $125,000 The range stated is specific to Boston. Placement within the listed range depends on many factors including, but not limited to years of experience, project size capability (for Construction & Field roles) and internal company equity.
Benefits:
Health Insurance, 401K Plan, Vacation & Paid Time OffSalary : $100,000 - $125,000