FAQs
What qualifications are required for the Benefits Analyst position?
The position requires 3-5 years of benefits experience, a Bachelor's degree in HR, Finance/Accounting, or a related field, and knowledge of employee benefit plans and relevant laws such as ERISA, HIPAA, and FMLA.
What are the primary responsibilities of a Benefits Analyst at Spectrum?
Key responsibilities include analyzing health, welfare, and retirement plans, processing 401(k) non-discrimination testing, assisting with the Open Enrollment process, addressing employee benefit issues, and overseeing assigned vendors.
What technical skills are necessary for this role?
Candidates should have knowledge of HRIS systems, be proficient in advanced Excel, and understand employee benefit plans and associated policies and procedures.
Is experience with ERISA, HIPAA, and FMLA important for this role?
Yes, knowledge of these laws is required as they are crucial in understanding and analyzing employee benefits compliance.
What type of work environment can I expect at Spectrum?
You can expect a high-performing, collaborative team environment that fosters professional development and supports each other daily.
Will the Benefits Analyst work independently or as part of a team?
The Benefits Analyst will work as part of a collaborative team while also managing individual projects and tasks.
Are there opportunities for career growth within this role?
Yes, the position offers defined career paths and numerous opportunities for professional development as the analyst grows and gains experience.
How will my data analysis skills be utilized in this position?
You will analyze detailed benefit data to identify trends, make recommendations, and help control healthcare and retirement expenses, which are essential to the company’s growth strategy.
What software applications will I be expected to use?
You should be proficient in Microsoft Office applications, especially Word, Excel, PowerPoint, and Outlook, as effective documentation and communication are essential in this role.
How does Spectrum support employee well-being?
Spectrum offers a comprehensive pay and benefits package that rewards employees' contributions, supports well-being initiatives, and delivers value throughout their careers.