Deerfield, ILLINOIS, USA
6 days ago
Benefits Analyst

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too. When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength. Explore life at Fortune Brands here

Job Description

The Benefits Analyst is responsible for supporting the day-to-day operations of the Fortune Brands Innovations health and welfare plans. This role will also work on special projects including annual enrollment, annual audits, plan integrations and compliance activities.

 

Position Location: This position is eligible for a hybrid schedule based in Deerfield, IL.

 

RESPONSIBLIITIES:

What you will be doing

Responsible for coordinating and administering various benefit programs including but not limited to medical, dental, Rx, life and disability for active and retired associates. This would also include investigating and validating any escalated issues with the transmission of data from the HRIS system to third-party benefits vendors.Support the development, coordination and delivery of benefit communication materials.Responsible for ensuring all health and welfare related required legal notifications, testing, plan documents, filings and audits are completed accurately and timely.Responsible for preparation and execution of annual enrollment in partnership with the Manager of H&W Strategy & Manager of Benefits Operations, which includes:Participation in defining requirements, system setup and system testingReview of communication materials and coordination of delivering communication materials to appropriate locationsPreparation of enrollment presentationsEnsure transmission of files to third party vendorsCompletion of post enrollment auditsSupport benefit plan audits, including gathering, organizing and analyzing comprehensive benefit plan informationSupport implementation of new health and welfare benefit plans and/or programs as needed.Conduct benefit plan analysis by monitoring and analyzing experience of benefit plans and vendors. Develop reports on costs, utilization, and trends.Lead ERISA appeals administration, ensuring claims are processed consistently and timelyConduct annual enrollment educational sessionsGather and analyze data for annual plan renewals.Generate standard and ad-hoc reportsSupport wellbeing initiativesProvide support to associates and HR business partners on benefit inquiriesRespond to vendor data inquiries including request for census data, plan enrollment information, plan eligibility information, etc. Ad-hoc projects as assigned

Qualifications

 

Bachelor’s Degree or equivalent experience required.3+ years of experience in benefit administration or as an HR generalist with benefits responsibilitiesStrong HR benefit knowledge across Health & Welfare plansKnowledge of all pertinent federal and state regulations, including ERISA, ACA, COBRA, FMLA, ADA, HIPAA, Section 125, Workers Compensation, Medicare, Social Security and DOL requirementsExcellent communication skills with focus on confidentialityExperience presenting benefits materials and leading annual enrollment meetingsExperience handling routine and complex benefit inquiries from HR and associatesStrong knowledge of database, report writing and HRIS systemsStrong analytical, organizational, and project management skillsAbility to multi-task and prioritize work on various projects simultaneouslyAbility to work independently as well as in a team environmentStrong skills in MS Word, Excel and PowerPointVendor management experienceAbility to work independently

Additional Information

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

 

Equal Employment Opportunity

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.

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