Sr Benefits Associate
Sr Benefits Associate
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Job Description
This position is a hybrid inoffice role that works out of our Boston HQ. MondayThursday will be working in office and Friday is WFH. This is not a virtual / remote position.
We are seeking a Senior Benefits Associate to support the administration compliance and cost management of our North American health and welfare programs. This role will play a critical part in ensuring compliance with federal state and provincial regulations analyzing key cost drivers and implementing strategic interventions to optimize healthcare spend.
The ideal candidate is an analytical detailoriented professional with a strong understanding of health plan design regulatory compliance and benefits analytics. This position offers an opportunity to take ownership of complex projects collaborate with senior stakeholders and drive costeffective consumer driven benefits strategies.
What Youll Do:
Health Plan Administration & Operations
- Support the administration of U.S. and Canadian health & welfare plans ensuring compliance efficiency and a seamless employee experience.
- Act as a subject matter expert for escalated benefits issues partnering with vendors and internal teams to drive resolution.
- Lead annual benefits enrollment efforts including communication strategies vendor system testing and employee education initiatives.
- Conduct indepth analyses of claims data plan performance and utilization trends to guide program enhancements.
Health Plan Analytics & Cost Containment
- Analyze health plan cost drivers including claims trends highcost claimants and utilization patterns.
- Develop and present datadriven recommendations to optimize plan design reduce unnecessary costs and enhance employee engagement.
- Support negotiations with vendors and insurers to ensure costeffective benefits solutions.
- Stay informed on industry benchmarks regulatory changes and emerging trends to proactively manage risks and opportunities.
Compliance & Regulatory Oversight
- Ensure ongoing compliance with ERISA ACA HIPAA COBRA and statespecific regulations.
- Lead efforts on 5500 filings PCORI RxDC and other mandated reporting
- Partner with legal and external counsel to stay ahead of regulatory updates affecting U.S. and Canadian benefits programs.
Vendor & Stakeholder Collaboration
- Manage vendor relationships ensuring adherence to contracted service levels reporting accuracy and cost containment goals.
- Support RFPs plan renewals and implementation of new benefits programs
- Collaborate crossfunctionally with Talent Finance Legal and Procurement teams to align benefits programs with business needs.
- Provide strategic insights and recommendations to senior leadership on benefits trends and plan performance.
What Youll Need:
- 3 years of experience in benefits administration compliance or benefits analytics.
- Bachelors degree in Human Resources Management or related field preferred equivalent experience and proven results in HR Management Benefits FMLA ADA will also be strongly considered.
- Strong knowledge of U.S. and/or Canadian benefits regulations (ACA ERISA HIPAA COBRA provincial healthcare laws etc..
- Experience with health plan data analysis claims reporting and cost containment strategies.
- Strong problemsolving skills with the ability to interpret complex data and make strategic recommendations.
- Ability to work independently in a fastpaced team environment while managing multiple priorities.
- Experience working with HRIS systems and benefits platforms (Workday / Alight preferred).
- Excellent communication and stakeholder management skills.
Massachusetts Applicants: I understand that it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
About Wayfair Inc.
Wayfair is one of the worlds largest online destinations for the home. Whether you work in our global headquarters in Boston or in our warehouses or offices throughout the world were reinventing the way people shop for their homes. Through our commitment to industryleading technology and creative problemsolving we are confident that Wayfair will be home to the most rewarding work of your career. If youre looking for rapid growth constant learning and dynamic challenges then youll find that amazing career opportunities are knocking.
No matter who you are Wayfair is a place you can call home. Were a community of innovators risktakers and trailblazers who celebrate our differences and know that our unique perspectives make us stronger smarter and wellpositioned for success. We value and rely on the collective voices of our employees customers community and suppliers to help guide us as we build a better Wayfair and world for all. Every voice every perspective matters. Thats why were proud to be an equal opportunity employer. We do not discriminate on the basis of race color ethnicity ancestry religion sex national origin sexual orientation age citizenship status marital status disability gender identity gender expression veteran status genetic information or any other legally protected characteristic.
Your personal data is processed in accordance with our Candidate Privacy Notice If you have any questions or wish to exercise your rights under applicable privacy and data protection laws please contact us at.
Required Experience:
Senior IC
Employment Type
Full Time
