Sr. Analyst, Benefits

Overview

THE ROLE:

As Sr. Benefits Analyst, you'll lead the strategic oversight of our global benefits administration while driving the planning and execution of initiatives that bring Herbalife's benefits principles to life. You'll stay on top of changing legal landscapes across markets and champion innovative approaches that streamline processes for both our internal teams and Global Business Service centers.

 

HOW YOU WOULD CONTRIBUTE: •  Provide technical expertise, proactive guidance, reporting (e.g. form 5500, ACA), and communications to ensure ongoing compliance with local laws and regulations for health and welfare, 401(k), and leaves programs•  Serve as escalation point for complex benefit issues, liaising with insurance carriers and third-party administrators to resolve complex eligibility or claims issues.•  Administer all benefit programs with cost-conscious sensitivity while educating users to maximize program understanding and utilization•  Support annual Open Enrollment activities across US locations•  Maintain accurate benefit records and conduct regular enrollment and invoice audits•  Update benefit policies as needed to reflect regulatory changes, market trends and business requirements•  Collaborate closely with Market HR Business Partners to resolve benefit-related challenges•  Partner with HR systems teams to ensure data accuracy and reliable reporting capabilities•  Support additional projects and duties as business needs require, such as Global Benefits Administration•  Perform complex data analysis related to benefit usage, cost, and effectiveness. •  Monitor and reconcile claims, administrative expenses, rebates etc. for self-insured healthcare benefits.

 

WHAT’S SPECIAL ABOUT THE TEAM: As a part of the overarching Total Rewards team, the Global Benefits Team specializes in designing and supporting employee’s total wellbeing programs. We deliver culturally appropriate benefits choices through a holistic framework that integrates market best practices and legal requirements, ensuring coverage throughout employees' working years and beyond.

SUPERVISORY RESPONSIBILITIES: •    N/A

Qualifications

SKILLS AND BACKGROUND REQUIRED TO BE SUCCESSFUL: •    Bachelor's degree in Human Resources, Business, or a related field. May substitute degree for equivalent years of work experience.•    5+ Years of experience in Benefits administration•    Professional Certifications in HR and/or Benefits preferred but not essential•    Strong analytical capabilities with proven ability to identify solutions, evaluate alternatives, and recommend optimal approaches based on projected outcomes•    Demonstrated ability to maintain confidential information, strong ethics, and integrity. •    Comprehensive knowledge of applicable federal and state regulations and reporting requirements to include COBRA, HIPPA,  ACA, ERISA governing benefit plans. •    Proficient in absence management laws including Worker’s Compensation (FMLA, CFRA, PDL, ADA, FEHA) and 401(k) administration experience

•    Skilled in synthesizing complex benefits financial data and delivering actionable analysis•    Advanced HRIS and benefit administration system proficiency with strong data management and reporting capabilities•    Excellent organizational skills with ability to prioritize competing demands effectively•    Exceptional communication skills, both written and verbal•    Demonstrated integrity with ability to maintain strict confidentiality•    Adaptable and flexible approach to evolving business requirements•    Effective team collaboration with proven project leadership capabilities•    Strong independent work ethic with autonomous approach 

 

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US Benefits Statement

Herbalife offers a variety of benefits to eligible employees in the U.S. (limited to the 50 States and the District of Columbia), which includes Group Health Programs, other Voluntary Benefit Programs, and Paid Time Off. Group Health Programs include Medical, Dental, Vision, Health Savings Account (HSA), Flexible Spending Accounts (FSA), Basic Life/AD&D; Short-Term and Long-Term Disability, and an Employee Assistance Program (EAP). Other Voluntary Benefit Programs include a 401(k) plan, Wellness Incentive Program, Employee Stock Purchase Plan (ESPP), Supplemental Life/Critical Illness/Hospitalization/Accident Insurance, and Pet Insurance. Paid time off includes Company-observed U.S. Holidays, Floating Holidays, Vacation, Sick Time, a Volunteer Program, Paid Maternity and Paternity Leave, Bereavement Leave, Personal Leave and time off for voting.