Benefit Analyst - Health & Welfare

Company:

INEOS Olefins & Polymers USA

Interested in joining a winning team? A team whose employees share in the ownership of the business and are empowered to make a difference?

Organizational context and job purpose

INEOS is a global manufacturer of petrochemicals, specialty chemicals and oil products.  It is comprised of 36 businesses each with a major chemical company heritage. Its production network spans 194 manufacturing facilities in 29 countries throughout the world.  INEOS is a young company and has grown through a series of related acquisitions to become a leading chemical company with sales around $61 billion.  INEOS USA LLC has approximately 3,200 US employees and 400 retirees spread across 11 businesses. 

How the Role Fits In:

Under the supervision of the H&W Benefits Manager, the position of Benefits Analyst serves to operate health and welfare programs for all employee types (active, LOA, terminated, retired).  Included are interactions with vendors, other benefits team members, participants, and business HR teams.  This role may also be called upon to assist others in the department.

Purpose of Job

The benefits analyst is responsible for supporting the Health & Welfare function with administering benefit plans and analyzing/auditing data.   

Responsibilities AND Accountabilities

• Day-to-day administration of the Medical, Prescription, Dental, Vision, Life, LTD, FSA, HSA and EAP programs, COBRA and Direct Bill, Wellness program.
• Troubleshoot and resolve employee and system issues.
• Assist with management of compliance in relation to ACA, COBRA, Direct Billing, HIPAA, DOL, IRS, ERISA. Includes audits, reporting and filing.
• Assist Manager with the annual benefit usage reporting and vendor renewal process.
• Manage the Open Enrollment process.
• Perform monthly, quarterly and adhoc audits of employee elections, deductions and funding accounts.
• Perform annual reverse audits to identify and resolve system issues.
• Process department invoices in SAP.  Track, audit and submit for payment upon approval by the Director.  Work with Managers and Director to assist with budget maintenance and PO amounts.
• Process medical support and other court related orders timely.
• Prepare and coordinate the development and distribution of required H&W communications, including Employee Benefits Handbook (SPD), Plan Documents, Benefits Guides, Benefits Website and SBCs.
• Provide day-to-day support to over 25 HR and Payroll contacts across various businesses.
• Handle and resolve employee inquiries; escalate as necessary.
• Support H&W Manager and Director as needed.
• Support HR Technology by creating requirements, use cases, test plans and rollouts.
• Assist with coordination of communication across multiple benefit plans
• Write, review and proofread employee communications.
• Assist Manager and Director with appeals

Skills & Knowledge Required

Education/Experience

• Bachelor’s degree from an accredited institution.  
• 4+ years of business experience, preferably in the chemical industry. 
• Previous experience in a benefits position is desirable. 

Skills/Competencies

• Advanced Microsoft Excel skills.  Must be able to create and troubleshoot complicated formulas, vlookups, pivot tables and charts. 
• Familiar with SAP is desired.
• Benefits, Payroll and/or HRIS system experience required; Workday preferred.
• Data reporting and analytics experience required.
• Document process and procedures, identify improvement and work with team members on implementing.
• Exceptional problem solving skills to identify and resolve problems efficiently and effectively.
• Strong analytical and problem solving skills.
• Strong organizational and management skills to complete tasks on time. 
• Ability to manage multiple projects at once without compromising quality.
• Self-Motivated.
• Capable of being entrusted with critical tasks.
• Strong attention to detail including ability to notice patterns in data and turn them into useful insights.
• Able to review work to find mistakes.
• Works well in a team environment (communicating, listening, collaborating, building credibility)
• Excellent written and verbal communication skills, with the ability to interact with individuals at all levels of the organization and external contacts.
• Knowledge of various federal and state

regulations governing benefits plans.

• Strong focus on excellent customer service.
• Ability to both write and trace through logic, coding and configuration.
• Able to manage tasks in compliance with company policies and operating procedures.
• Follows through on commitments.

Our culture is one of honesty and integrity with an emphasis on safety, health and environmental performance.On our team, people are acknowledged for embracing new practices that help create real value for customers.