Benefits Analyst

Remote, USA

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Color

From population genomics to high throughput COVID-19 testing, Color provides the technology & infrastructure for large scale health initiatives. Learn more.

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Named by Rock Health as the Best Digital Health Company to Work For, Color is a leading healthcare technology company. Color is building and delivering technology-enabled healthcare to millions of people. Through partnerships with public and private partners including governments, employers and health systems, Color’s infrastructure and software enables large populations to receive essential healthcare services directly where they live or work. This includes testing and telehealth services for preventive health and infectious disease management.
Since March 2020, Color has mobilized to address the pandemic by leveraging its platform to scale COVID-19 testing programs around the country. Color’s platform is used by more than 100 major employers, universities and public health institutions, such as the City of San Francisco, the State of California and PerkinElmer, community-based efforts in Oakland, and others, to deliver critical health programs. For more information about Color and its response to COVID-19, visit www.color.com.
By investing in the technology that ensures easy and affordable access to healthcare, Color is creating the infrastructure that will serve us for decades to come. Apply to join Color and do some of the most important work of your career. If you are not sure that you're 100% qualified, but are up for the challenge - we want you to apply!
Assists with the administration of health, welfare and retirement benefit and perks programs. Assures compliance with all applicable state and federal regulation. Responsibilities include explaining benefits and assisting in the business development and planning processes with employees and internal stakeholders. Compiles, analyzes and reports data including employee, plan financials for strategic benefits planning and evaluation. Provides benefit plan interpretation, guidance and counsel to employees. Supports in the development of presenting information to inform and educate management.  Reports to the Senior Benefits Manager. 

How You'll Contribute:

  • Provides guidance and support to employees on benefits related inquiries and assists with the resolution of potential problems. 
  • Develops/updates resources to enhance employee’s understanding and awareness of Color’s benefits offerings
  • Monitors eligibility, limitations, and restrictions of plan participations and ensures compliance with both plan provisions and federal requirements.
  • Coordinate and prepare for open enrollment each year in partnership with broker, including the design and communication of annual benefit enrollment materials.
  • Maintains latest update to all benefits plan documents
  • Manage all benefits related data and file feeds
  • Supports a variety of presentations to inform and educate internal stakeholders and employees about changes to benefit plans, administrative practices and legislated requirements and programs. 
  • Supports RFP efforts and evaluation process  
  • Supports renewal cycle in close partnership with consulting partner 
  • Develops recommendations to improve the value of our benefits programs
  • Assists in the development of business processes
  • Responsible for data necessary to complete compliance activities (5500s, audits, NDT, etc.), vendor billings, coordinating data collection and updating reports as needed. Assures processes and procedures are in place to capture and maintain consistent and accurate benefit related data. 
  • Researches current benefit trends and regulatory/legislated requirements and recommends programs/changes to the Senior Benefits Manager.
  • Compiles, analyzes and reports benefit data including employee, benefit plan and financial for Benefit's strategic planning and evaluation, best practices and benchmark surveys. 
  • Performs other duties as assigned. 

Our Ideal Candidate Will Have/Be:

  • Demonstrated basic knowledge of ERISA, employee benefit programs, including flexible benefit programs, financial analysis and budgeting. 
  • Requires strong communication skills, good writing skills, strong customer service and analytical skills. 
  • Proficient with Microsoft Office and Google products
  • Project management experience to oversee various projects. 
#LI-VD1#LI-CRE
Color is an equal opportunity employer. In accordance with anti-discrimination law, it is the purpose of this policy to effectuate these principles and mandates. Color prohibits discrimination and harassment of any type and affords equal employment opportunities to employees and applicants without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law. Color conforms to the spirit as well as to the letter of all applicable laws and regulations.
COVID-19 Vaccination Requirement: Color requires anyone working onsite or visiting Color’s offices to confirm they are fully vaccinated against COVID-19 unless a medical or religious accommodation is timely requested and approved.  Please reach out if you have questions or concerns about this policy and how it may apply to your candidacy for a role with Color.
Job region(s): North America
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