Benefits Analyst

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Date: Aug 1, 2022

Location: Phoenix, AZ, US

Company: SRP

SRP is one of the largest public power and water utilities in the U.S. providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service consistently ranking as an industry leader in customer service according to J.D. Power. SRP continues to adapt to its changing business environment by seeking innovative ways to reimagine utility service and the provision of critical resources essential to the life and economy of Arizona.

Job Brief

SRP (Salt River Project) is looking for a Benefits Analyst to join a dynamic and growing Human Resources team to help take us to the next level of great support for our employees. In addition to joining a team responsible for day-to-day administration of our employee benefit programs, we need your expertise in developing and implementing best in class solutions to our employees’ changing needs and desires.

The SRP Benefits team provides direct support to employees, retirees, and other plan participants by managing our benefit programs, troubleshooting issues, and assisting in the onboarding and offboarding of employees. The Benefits team manages relationships with several benefit vendors, consultants and collaborates with internal departments such as Talent & Acquisition, Compensation, Payroll, Employee Relations, administrative support for SRP’s Board & Council, Accounting, and IT support teams. Our small, dynamic, and effective team connects participants to top tier benefits and services as part of the overall employee total rewards program.

As a Benefits Analyst at SRP you will be responsible for the support and administration of SRP's Health & Welfare benefit plans which include medical, dental, vision, behavioral health, and life and disability. You will use your benefits knowledge & expertise to provide day-to-day support to our employee benefits programs, plan compliance, monthly benefit budget analysis and billing as well as providing outstanding customer service to our employees.

Job Responsibilities

  • Act as a subject matter expert and provide excellent customer service to SRP employees and retirees through the timely and accurate resolution of employee benefits inquiries.
  • Answer phones and respond to emails for general employee questions and requests. Assist members in processing life events, and other basic benefits transactions.
  • Administer the offboarding of employees and educate retirees on Retiree medical benefits.
  • Review and work closely with payroll to administer payroll deductions and elections, including support of non-payroll participants.
  • Provide support to ongoing project-related initiatives for SRP's core benefits.
  • Assist in the administration of SRP’s Health and Welfare benefit plans consistent with SRP’s strategy and business plans.
  • Conduct research and analysis and make recommendations for benefit plan enhancement with an understanding of SRP’s key business drivers, costs, stakeholders, and corporate workforce initiatives.
  • Prepare and present reports and findings; clearly communicate information in a relevant, compelling, and actionable manner.
  • Audit existing plans and programs to ensure Regulatory and Welfare plan compliance and update as needed.

Education

Completion of a Bachelor's Degree from an accredited institution that prepares the employee for the assignment.

Experience

Promotion to Level 2 requires a minimum of two years experience at Level 1 and demonstrated capability to perform advanced and more difficult work as determined by the supervisor.  Promotion to Senior Level requires a minimum of 3 years experience at Level 2, is fully competent in all aspects of functional area of assignment and as such would be recognized as a specialist in area of assignment and may have periodic or occasional lead responsibilities.

Additional Information

  • Possess a strong background in benefits packages, policies, health & welfare benefit plan compliance and administration including knowledge of state and federal laws and regulations governing ERISA, HIPAA, and COBRA. Ability to work in a team environment with a strong sense of urgency and confidentiality
  • Strong communication, interpersonal, analytical, and problem resolution skills (quantitative and qualitative)
  • Proficient in benefit enrollment and HR systems
  • Strong Microsoft Excel and Office skills
  • Sensitivity to clients' needs and ability to develop trusted client relationships 
  • Ability to learn in a fast-paced environment

  

Preferred Knowledge of: 

  • Alight Benefits enrollment system
  • SAP Employee Central, payroll, and accounting modules
  • Knowledge of retiree medical plans, including Medicare
  • Knowledge of financial concepts and analysis, including budget preparation is preferred

 

Requisition Details

Requisition ID: 14593

 

 

Equal Opportunity Employer Statement

 

Salt River Project (SRP) recognizes diversity and inclusion as key drivers of innovation and growth, and seeks to attract a diverse employee base that reflects our community. We are committed to equal employment opportunity regardless of race, color, religion, sex (including pregnancy), gender identity, sexual orientation, national origin, age, disability, genetic information, military status or any other protected status under applicable federal, state or local law. Ultimately, SRP aspires to fully apply the power of diversity and inclusion to build a more equitable and sustainable future for our customers, employees and community.

 

Drug/Alcohol Policy Statement

 

In order to promote the safety and well-being of our employees, customers and the communities we serve, SRP is committed to maintaining a drug/alcohol free work environment. Although marijuana may now be legal in Arizona, except as otherwise specified under Arizona law, SRP considers it to be an illegal drug for the purpose of our drug/alcohol policy because marijuana remains illegal at the federal level. Any candidate found to be impaired during the hiring process or who has the presence of an illegal drug or unauthorized substance in their system during the pre-employment drug/alcohol test may be disqualified from further consideration in the hiring process.

 

All candidates must be legally authorized to work in the United States.
Currently, SRP does not sponsor H1B visas.

 

 

Why Work at SRP

 

SRP's success is rooted in our employees' happiness, health and safety. That's why we offer a comprehensive benefits package to meet the needs of our employees and enhance their well-being. In addition to competitive pay and performance incentives, eligible employees can take advantage of the following benefits:

 

• 401(k) plan with employer matching
• Retirement pension
• Paid vacation
• Parental leave
• Holiday pay
• Sick leave
• Medical, vision, dental and life insurance
• Wellness programs
• Pre-tax benefits
• Short and long-term disability plans
• Tuition assistance

 


Nearest Major Market: Phoenix

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