Sr. Benefits Analyst II
San Diego, California, United States
GROW WITH US:
Tandem Diabetes Care creates new possibilities for people living with diabetes, their loved ones, and their healthcare providers through a positively different experience. We’d love for you to team up with us to “innovate every day,” put “people first,” and take a “no-shortcuts” approach that has propelled us to become a leader in the diabetes technology industry.
STAY AWESOME:
Tandem Diabetes Care is proud to manufacture and sell the t:slim X2 insulin pump with Control-IQ technology. We’re also so much more than that. Our company’s human-centered approach to design, development, and support delivers innovative products and services for people who use insulin. Since many of our own team members live with type 1 diabetes, or have a loved one impacted by diabetes, the work is personal, and we are committed to the cause. Learn more at tandemdiabetes.com.
A DAY IN THE LIFE:
Working closely with the Human Resources team, the Sr. Benefits Analyst II supports all company-wide health and welfare benefit plans and programs; domestic and internationally. Partnering closely with the Manager, Benefits, this role will be responsible for evaluating, administering and maintaining the Company’s self-funded health plans.
- Reviews and analyzes benefit plan renewals and assesses recommendations such as stop loss insurance, fees and the pharmacy benefit manager (PBM).
- Monitors claims experience throughout the year in preparation for annual renewal of all benefits.
- Prepares monthly aggregated reporting for broker on enrollment details, and fees and claims paid. Provides Finance team with similar reporting upon request.
- Manages the completion of claims audits every three years or as needed.
- Responsible for annual Affordable Care Act (ACA) reporting of Tandem’s health plans and health coverage. Ensures accurate and timely reporting is conducted to meet IRS requirements.
- Manages responsibilities associated with plan compliance and plan audit requirements with brokers/vendors, legislative, and regulatory compliance agencies
- Partners with the HR Benefits team and broker to ensure all benefit plan documents, summary plan descriptions, information brochures, and related materials are accurate, current and communicated on time for all benefits programs.
- Leads all plan audits, statutory filings, and discrimination testing with Plan Administrator. Ensures timely completion and submission of required reports and contracts, such as annual Form 5500, Non-Discrimination Testing (semi-annual) and Summary Annual Report.
- Participates in and provides insights and recommendations toward the development, design, implementation and communication of all employee benefit programs, including annual benefits renewal processes with broker and open enrollment program for employees.
- Leads in the planning and execution of benefits education activities and events, including but not limited to education sessions, email/newsletter correspondence, and knowledge base articles.
- Works closely with broker to conduct required trainings on HIPAA policies.
- Maintains employee benefit enrollment data within HRIS/benefits system; uploads benefit deduction data into HRIS as needed; audits benefit deductions and outbound benefit contributions to ensure accuracy with payroll processing (i.e. 401k, FSA, HSA).
- Monitors weekly error reports from carriers, interfacing with carrier and system contacts to resolve enrollment data issues.
- Conducts monthly billing reconciliation of all benefits plans to ensure appropriate billing per carrier contracts. Independently researches and investigates complex billing issues with insurance carrier/vendors.
- Maintains new hire benefits onboarding training and off boarding activities regarding separations and end of coverage/COBRA information.
- Introduces efficient and effective ways to address benefit questions and concerns. Works with broker team to address employee issues and leverages internal systems/technology to support employee benefit inquiries and employee self-service.
- Responsible for all COBRA and Flex Plan programs/processes via third party administrator(s).
- Provides guidance and assistance with leave programs including CFRA/FMLA/STD/LTD in accordance with State and Federal laws.
- Oversees a collection of projects to ensure they align with the department’s responsibilities sand goals.
- Ensures work is performed in compliance with company policies including Privacy/HIPAA and other regulatory, legal, and safety requirements.
YOU’RE AWESOME AT:
- Strong knowledge with COBRA, ERISA, HIPAA and FMLA/CFRA and related state and federal regulations.
- Experience administrating self-funded health plans preferred.
- Strong computer skills with emphasis on reporting, experience with MS Office and Internet, with a high proficiency in Excel.
- Strong technical, analytical and problem-solving skills.
- Excellent written and verbal communication skills; able to effectively communicate with all levels of employees. Strong presentation skills.
- Ability to manage multiple and competing priorities.
- Strong attention to detail as well as critical thinking skills.
- Able to work effectively in a team environment.
EXTRA AWESOME:
- Bachelor’s degree or equivalent combination of education and applicable job experience.
- HR Certificate preferred.
- 7-8 years’ relevant benefits administration experience.
- Experience with benefits administration and with ERISA, COBRA, HIPAA, FMLA/CFRA, and other related state and federal regulations.
WHAT’S IN IT FOR YOU?
In addition to innovative technology, we have a culture that fosters the idea that the happiest people are the most productive people. Not only do we hire forward-thinking achievers to join our workforce; we reward, develop, and retain them too. Just one of the many reasons of how we #StayAwesome! To learn more about our culture and benefits please visit https://www.tandemdiabetes.com/careers.
BE YOU, WITH US!
Tandem is firmly committed to being an equal opportunity employer and maintaining a diverse and inclusive environment. We value and embrace that every single one of us brings value to the table. But sometimes we forget that when we don’t meet 100% of a job description’s criteria – maybe you’re feeling that way right now? We encourage you to apply anyway. Because we want you to be you, with us.
COMPENSATION & BENEFITS:
The starting base pay range for this position is $105,300.00 - $131,800.00 annually. Base pay will vary based on job-related knowledge, skills, experience and may also fluctuate depending on candidate’s location and the overall job market. In addition to base pay, Tandem offers a competitive compensation package that includes bonus, equity, and a robust benefits package.
Tandem offers health care benefits such as medical, dental, vision, health savings accounts and flexible saving accounts. You’ll also receive 11 paid holidays per year, a minimum of 20 days of paid time off (starting in year 1) and have access to a 401k plan with company match. Learn more about Tandem’s benefits here!
YOU SHOULD KNOW:
Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable state and local Fair Chance laws and regulations. A conditional offer of employment from Tandem is contingent upon successful completion of a thorough screening process comprised of a drug test (excluding Marijuana) and background check, which includes a review of criminal history information.
Tandem has good cause to conduct a review of criminal history information of candidates for this position, as this role may involve access to proprietary, sensitive and/or confidential information, including customer protected health information. This review is required to ensure that individuals in such roles uphold high standards of trust and integrity so as to protect the interests of our customers, employees, and stakeholders.
REFERRALS:
We love a good referral! If you know someone that would be a great fit for this position, please share!
If you are applying for this job and live in California, please read Tandem’s CCPA Notice: https://www.tandemdiabetes.com/careers/california-consumer-privacy-act-notice-for-job-applicants.
SPONSORSHIP:
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
The position will be posted until a final candidate is selected for the requisition or the requisition has a sufficient number of applications.
#LI-Remote #LI-KT1
ApplyJob Profile
Diverse and inclusive environment Equal opportunity employer Inclusive environment Innovative Technology
Tasks- Conduct claims audits
- Ensure compliance with regulations
- Evaluate and maintain self-funded health plans
- Lead benefits education activities
- Manage ACA reporting
- Support health and welfare benefit plans
Attention to detail Auditing Benefits Administration Communication Compliance Data analysis Diabetes Diabetes Care Diabetes technology Education Employee Education Enrollment Management Excel Health plans HIPAA HRIS MS Office Payroll processing Presentation Problem-solving Regulatory Compliance Reporting Training
Experience3 years
EducationEquivalent Equivalent combination of education and applicable job experience Finance
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9