Career Opportunities: Benefits Analyst (F/M/X) (31450)

Solvay is all about chemistry. We’re not just referring to chemical reactions here, but also to the magic that occurs when the brightest minds get to work together. This is where our true strength lies. In you. In your future colleagues and in all your differences. And of course, in your ideas to improve lives while preserving our planet’s beauty for the generations to come.

About the role

• As a Benefits Analyst reporting to the Manager of Benefits, you will be responsible for providing analytical and project management support for various health and welfare and retirement program initiatives. You will perform a variety of benefits-related activities, including but not limited to: program analysis, assisting with program design, implementation and communication, as well as regulatory compliance and education. Responsibilities also include partnering with internal team members and third-party vendors to manage the completion of the day-to-day processing tasks.
• You will be accountable for:
  • Administration of benefit programs including Health, Dental, Vision, Basic Life, Supplemental Life, Short-Term Disability, Long-Term Disability, Travel and Accident insurance, Vacation Buy/Sell and Flexible Spending Accounts
  • Analyze current benefits, evaluating the use, services, coverage, effectiveness, cost, plan experience and competitive trends in benefits programs. Complete benefits surveys and review information obtained from the results. Review trends and assist with future benefits designs. Develop specific recommendations for review by management;
  • Monitor administrative costs of benefits programs and recommend cost containment strategies, including alternative methods for administration and funding. Assist in the monitoring, verifying and reconciling of budgeted funds;
  • Lead existing and new projects related to all Health & Welfare plans, including implementing new vendor relationships, benefit programs and plan requirements;
  • Knowledge of State Laws related to leaves and administering compliant programs
  • Assist in the design and management of Wellness Programs including the coordination and execution of education and awareness campaigns;
  • Take ownership for the resolution of complex employee inquiries and questions ensuring timely, accurate and value add responses;
  • Develop communications to facilitate clear understanding of benefits plan provisions to ensure employees take full advantage of various company-sponsored benefits;
  • Assist with the preparation and execution, in concert with legal consultation, benefits documentation such as original and amended plan documents, SBCs, SPDs, benefit agreements, and insurance policies;
  • Assure regulatory and policy compliance for all programs, to include supporting audits, discrimination testing, notifications, plan amendments, and tax applicable filings. Maintain awareness of benefit-related laws such as ERISA, ACA, HIPAA, COBRA, etc.;
  • Understand Benefits Payroll reporting, track vendor performance metrics, manage issues and opportunities, and escalate as necessary.
  • Assist with coordinating annual enrollment activities, including implementing plan changes and communications;
  • Responsible for all invoicing and payments related to benefits plans and Reconciliation and Reporting for 401k Savings Plan
  • Data Entry and manual uploading of data while providing analytical support with special projects as assigned;
  • Represent Benefits team in various initiatives across the HR organization;
• We offer a remote working mode after initial training in Houston, TX

About you:

• Bachelor’s Degree in Business Administration, Human Resources, or a related discipline
• Minimum of 3 years of progressive experience in benefits administration

• Competencies:
  • Knowledge of health & welfare plans, design, and financial drivers.
  • Working knowledge of health and group plans and regulations, including but not limited to ERISA, COBRA, HIPAA, PPACA, ACA
  • Ability to interface and communicate effectively in a clear concise manner with internal and external customers, managers and leadership, vendors, consultants, legal
• Behaviors:
  • Collaboration, open mindedness
  • Team work
  • Initiative

 About the pay and benefits 

• Attractive and equitable pay for all: compensation is determined within a range to foster your development in the role. While the USA base pay reasonably expected for this role is $95,000/yr to $105,000/yr, your salary may ultimately be higher or lower based on your skills and experience. Additionally, we provide a competitive total rewards package that includes a bonus and/or other incentives.
• Solvay Cares program: minimum of 16 weeks of parenting leave for all employees and package with healthcare, disability and life insurance coverage.
• Prioritization of well-being: Solvay Solidarity Fund to support employees through hardship, work-life balance promotion, flexible approach to work part-time or hybrid work arrangements (depending on the type of job), employee assistance program with access to physical and psychological support.
• Professional development: prioritization of internal talents for career progression, access to a training platform, opportunities to join Employee Resource Groups (ERG) for experience sharing and mentorship and free language courses in 24 languages.

About us

• Solvay, a pioneering chemical company with a legacy rooted in founder Ernest Solvay's pivotal innovations in the soda ash process, is dedicated to delivering essential solutions globally through its workforce of over 9,000 employees. Since 1863, Solvay harnesses the power of chemistry to create innovative, sustainable solutions that answer the world’s most essential needs such as purifying the air we breathe and the water we drink, preserving our food supplies, protecting our health and well-being, creating eco-friendly clothing, making the tires of our cars more sustainable and cleaning and protecting our homes. As a world-leading company with €4.9 billion in net sales in 2023 and listings on Euronext Brussels and Paris (SOLB), its unwavering commitment drives the transition to a carbon-neutral future by 2050, underscoring its dedication to sustainability and a fair and just transition.
• At Solvay, we seek to promote unity and not uniformity. We value the diversity that individuals bring and we invite you to consider a future with us, regardless of background, age, gender, national origin, ethnicity, religion, sexual orientation, ability or identity. We encourage individuals who may require any assistance or accommodations to let us know to ensure a seamless application experience. We are here to support you throughout the application journey and want to ensure all candidates are treated equally. If you are unsure whether you meet all the criteria or qualifications listed in the job description, we still encourage you to apply.

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