The Benefits Analyst is responsible for the design, analysis, communication and administration of employee benefit programs, including active and retiree plans for health and welfare benefits, the employee wellness program, employee leave programs, retirement programs, and other related programs. May be assigned primary or secondary responsibility for specific benefits programs.
Partners with other members of the Human Resources (HR) team to provide exemplary service and assistance to employees and leaders. Contributes to maintaining competitive and equitable benefits programs for the UNS enterprise. Handles confidential information with care.
Position-Related Responsibilities
Benefits Administration:
· Administers employee health & welfare plans/programs and trust accounts, including:
o Employee Health & Welfare: Plan design, modification, communications, employee education, compliance, recordkeeping, reporting, and disclosure.
o Retiree Health & Welfare: Communications, education, enrollment, premium invoicing, and administration of post-65 benefits to eligible participants.
o Employee Wellness Program: Plan design, communications, education, and incentives processing.
o Established Trust(s): Gathers data and performs monthly, quarterly and annual administration of established trust(s), conducts year-end reconciliation of OPEB, and coordinates with third-party vendor and accounting representatives, as needed.
· Administers employee leave programs, including:
o Manages all administrative aspects of leave claims to include tracking hours used/taken and working closely with Human Resources Business Partnership (HRBP) and Payroll to ensure pay for employees is accurate and correct.
o Works closely with employees and third-party vendors to ensure all relevant completed medical documentation is submitted for timely review; maintains appropriate contact with all employees on leave and participates in the return-to-work process for employees on leave.
o Flags potentially fraudulent activity in leave cases and claims; works closely with the HRBP team to identify, research and resolve matters.
o Partners closely with HRBP's (and Occupational Health Services, as needed) on leave cases and claims; meets regularly with the HRBP team to review claims' status and develops strategies for resolution.
o Manages Short-Term and Long-Term Disability (STD/LTD) programs and vendor relationships; ensures STD claims are coordinated with FMLA or general medical cases.
o Prepares and manages benefit premium invoicing for eligible LTD participants; monitors monthly premium invoicing to ensure payments are timely.
o Produces and manages reporting metrics and analytics for all leave cases; presents reports as requested.
· Administers qualified and non-qualified defined benefit and defined contribution retirement plans, including plan design, modification, communications, employee education, compliance, recordkeeping, reporting, and disclosure.
o Performs functions in conjunction with Payroll, gathering data and preparing reports for bi-weekly loan updates, 401(k) deferral updates, contribution files, and loads; may partner with the HR Systems & Analytics team to manage data and build reports.
o Pension:
§ Prepares and reviews pension calculations for all qualified defined benefit plans, conducts pre-retirement and retirement interviews, and secures retirement benefit elections.
§ Partners with vendor to manage the distribution of pension payments.
§ Conducts quarterly settlement threshold testing for pension lump sum values.
o 401(k):
§ Partners with vendor to communicate events and coordinate individual retirement advisory services.
Tucson Electric Power
1 S Church Ave - Ste 100
Tucson
Arizona United States
www.tep.com