Benefits Analyst I in Memphis, TN at First Tennessee Bank

Date Posted: 7/12/2019

Job Snapshot

  • Employee Type:
  • Location:
    Memphis, TN
  • Job Type:
  • Experience:
    3 to 5 years
  • Date Posted:
  • Job ID:

Job Description

The Benefit Analyst serves as a primary resource and provides support to the Benefit Manager.

Collaborate and assist Benefit Manager in researching and analyzing corporate benefit plans and programs. This individual anticipates researches and resolves escalated inquiries for employees and managers efficiently. Representing the highest confidentiality in all responsibilities and duties.

Benefit programs may include, but not limited to the Health & Welfare Programs (i.e. Health/Dental/Vision Plan, Health Savings Accounts, Flexible Spending Accounts, Group Life Insurance, Optional Group Life Insurance, Short & Long Term Disability)

• Participate in research, analysis and administration of corporate benefit plans and programs to include communicating benefit information to employees, and working with vendors on escalated issues.
• Prepare written communications and updates to plan documents
• Analyze data, reconciling biweekly/monthly reports and provide various reports to Benefit Manager
• Assist in the administration of the policies and procedures to help ensure the plans are operating in accordance with plan documents and in compliance with regulatory requirements (i.e. HIPAA, ACA, COBRA, PPA)
• Understanding and ability to interpret and follow policies, plan documents and regulatory regulations and rulings.
• Provide support to other members of the Benefit team during peak seasons, as needed
• Identifies and recommends process improvements by participating in administrative staff meetings, annual open enrollment activities, benefit fairs and extended learning opportunities; supports benefits department projects through goal setting, career development plans and knowledge sharing initiatives
• Promotes a team oriented approach by developing partnerships with managers, team members, and consulting groups to ensure employee needs are addressed appropriately
• Performs other duties as assigned

Work Hours:
Monday – Friday, 8:00am to 5:00pm
Requirements Requirements:
• High School Diploma or equivalent
• 3 to 5 years of experience in Human Resources/Benefits preferred
• Professional certification a plus (i.e. PHR, CEBS, SHRM-CP…)
• Proficiency with Microsoft Office Suite
• Great attention to detail
• Ability to prioritize work and meet tight deadlines
• Ability to maintain confidentiality in all situations

Work Hours:
Monday – Friday, 8:00am to 5:00pm

  • All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, gender stereo typing, and age. First Tennessee is an EO employer – M/F/Vets/Disabled.
  • Please view Equal Employment Opportunity Posters provided by OFCCP