Benefits Analyst

POSITION SUMMARY:

The Benefits Team at Milliman, Global Corporate Services (GCS) is seeking a highly skilled and experienced Benefits Analyst with expertise across employee benefits and leave of absence (LOA) programs. This role supports the corporate benefits and leaves team under the direction of the Benefits Manager and requires a strong analytical mindset, comprehensive knowledge of health and welfare benefits, and an understanding of federal and state leave laws. The ideal candidate will act as a key contributor in delivering compliant, efficient, and employee-centric benefits and leave programs, and be the point of contact for the benefits and leaves team.

ABOUT MILLIMAN:

Independent for over 77 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

RESPONSIBILITIES:

• Serve as a subject matter expert (SME) across health & welfare and retirement benefits, including eligibility, plan provisions, compliance, and employee support.
• Oversee day-to-day administration of benefits and leave-related processes, including payroll coordination and vendor management.
• Respond to inquiries from the benefit inbox, including but not limited to, onboarding, life events, and Open Enrollment questions.
• Ensure compliance with ACA, ERISA, HIPAA, and other federal/state regulations; manage nondiscrimination testing, 1095-C testing, and audit benefit files.
• Support Open Enrollment planning, execution, system updates, testing vendor systems, and employee communication, in partnership with internal stakeholder and external vendors.
• Maintain and update benefit platforms, plan documents (SPD, SMM, SAR), and employee-facing materials; assist with ongoing benefit communications.
• Identify and implement process improvements on internal processes.
• Maintain and regularly update standard operating procedures (SOPs) for benefits and leave-related tasks.
• Manage the benefit payroll and arrears files; collaborate with the leave administration team to ensure accurate arrears deductions.
• Partner with the leave administration team to ensure direct bill is being handled timely and accurately.
• Coordinate with the Compliance team on upcoming regulatory and state-level changes.
• Partner with the leave administration team on leave policies and processes, including FMLA, ADA, STD, LTD, paid parental leave, military leave, and state-mandated programs.

• Collaborate with the leave administration team to maintain documentation, SOPs, and employee communications related to leave programs.
• Support the leave administration team with payroll disaster recovery and benefit reconciliation.

SKILLS & QUALIFICATIONS REQUIRED:

• The ideal candidate must have 8+ years of progressive experience in health & welfare, and/or retirement plan administration, with at least 2-3 years of direct experience in leave of absence (LOA) administration.
• The ideal candidate must have strong knowledge of federal and state regulations related to benefits and leave, including ACA, ERISA, HIPAA, FMLA, ADA, and state-specific leave laws.
• The ideal candidate must have prior experience supporting or leading Open Enrollment and compliance testing (e.g., 401(k) and Section 125 nondiscrimination).
• The ideal candidate must have experience working with HRIS, payroll and benefits platforms.
• The ideal candidate must have advanced proficiency in Microsoft Excel
• Must have previous experience managing vendor relationships, payroll file processes, and reconciliations.
• Must have strong organizational skills and attention to detail, with the ability to manage multiple priorities in a fast-paced environment.
• Must have strong analytical and problem-solving skills; ability to identify trends and recommend process improvements.
• Must have excellent written and verbal communication skills; able to explain complex topics to employees and stakeholders clearly and empathetically.

SKILLS & QUALIFICATIONS PREFERRED:

• knowledge of Power BI tool

LOCATION:

This is a remote role. This job posting is expected to close on July 30^th, 2025.

COMPENSATION:

The overall salary range for this role is $65,200 - $125,040. For candidates residing in:

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia, Washington, or the District of Columbia the salary range is $71,720 - $114,620
• New York City, Newark, San Jose, or San Francisco the salary range is $78,240 - $125,040
• All other locations the salary range is $65,200 - $104,200.

A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

BENEFITS:

We offer a comprehensive benefits package designed to support employees' health, financial security, and well-being. Benefits include:

• Medical, Dental and Vision - Coverage for employees, dependents, and domestic partners.
• Employee Assistance Program (EAP) - Confidential support for personal and work-related challenges.
• 401(k) Plan - Includes a company matching program and profit-sharing contributions.
• Discretionary Bonus Program - Recognizing employee contributions.
• Flexible Spending Accounts (FSA) - Pre-tax savings for dependent care, transportation, and eligible medical expenses.
• Paid Time Off (PTO) - Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
• Holidays - A minimum of 10 paid holidays per year.
• Family Building Benefits - Includes adoption and fertility assistance.
• Paid Parental Leave - Up to 12 weeks of paid leave for employees who meet eligibility criteria.
• Life Insurance & AD&D - 100% of premiums covered by Milliman.
• Short-Term and Long-Term Disability - Fully paid by Milliman.

EQUAL OPPORTUNITY:

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.