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Sr. Global Benefits Analyst

Company: Aspen Technology
Location: Bedford
Posted on: June 25, 2022

Job Description:

The Sr. Benefits Analyst is responsible for researching, analyzing, evaluating, and supporting the administration of Global health, welfare, and pension plans providing superior customer service to Aspen Technology employees. Assist with the implementation of new benefits plans, improve existing programs, and provide analytical support in the delivery of the benefit programs. This position assures compliance with the organization's policies and practices ensuring compliance with country regulations. Manages the benefit renewal process for each country and serves as a contributor for specialized projects, supporting the Director, Global Benefits. The Sr. Benefits Analyst will support a higher volume of countries in Europe, the Middle East and Africa.Your Impact:

  • Research, analyze, evaluate, and administer corporate benefit plans and programs helping to eliminate risk and identify changes that will deliver competitive benefits at the best value
  • Monitor benefit trends in the business environment staying abreast of applicable benefits legislation
  • Lead the annual renewal process for each country working with AspenTech' s consultants on plan renewals
  • Supports the administration of Global benefit plans including but not limited to facilitating plan enrollments, terminations, reporting, paperwork, and vendor management.
  • Develop and update employee communications materials, plan summaries, summary plan descriptions, brochures, and email communications
  • Consult with employees on questions pertaining to eligibility, plan provisions, claims and other benefit related information
  • Partner with internal stakeholders (HR, Payroll, HRIS, Legal, Procurement, Finance) on renewals, benefit program implementations and other areas related to global benefits administration
  • Assist in the development of the annual budget
  • Resolve queries from employees, managers, and the HR
  • Support other Benefits initiatives and programs as required
  • Audit current benefits programs to evaluate the usage, services, coverage, plan experience, and competitive trends and contributes to the development of specific recommendations and proposals for change
  • Research and prepare ad hoc reports, compiles metrics for analysis and assists with financial reporting
  • Manage the benefits invoicing, payment, reconciliation process, addressing discrepancies and issue resolution
  • Other projects and duties as requiredWhat You'll Need:
    • Bachelors degree
    • 2-5 years of benefit plan administration experience
    • International experience is a plus
    • Demonstrated project and program management skills along with attention to detail and accuracy
    • Strong planning, initiative, and resourcefulness with ability to manage multiple projects concurrently and quickly adapt to changes in direction
    • Experience with web based enrollment and vendor and payroll integration with benefits system
    • Excellent listening, analytical & complex problem solving skills
    • Strong communication and customer service skills are required
    • Flexible and proactive problem solver adept at achieving results in a team-oriented and collaborative environment
    • Excel and PowerPoint should be a strength; Access is a plus
    • Exceptional analytical abilities, accuracy, and attention to detail are required
    • Strong Project Management skills, ability to prioritize and produce results are critical for success in this roleAspenTech is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to age, race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran Status or any other basis protected by federal, state, or local law.

Keywords: Aspen Technology, Boston , Sr. Global Benefits Analyst, Accounting, Auditing , Bedford, Massachusetts

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