Benefits Analyst

Boston Private Financial Holdings Boston , MA 02298

Posted 2 weeks ago

Benefits Analyst

Job LocationsUS-MA-Boston

Posted Date2 weeks ago(3/5/2019 8:35 AM)

Job ID2019-1983# of Openings1CategoryHuman Resources

Overview

Boston Private is a leading provider of fully integrated wealth management, trust and private banking services. For more than 25 years, Boston Private has taken a highly personalized approach to serving the complex financial needs of individuals, families, business owners, private partnerships, nonprofits and community partners. Boston Private is also an active provider of financing for affordable housing, first-time homebuyers, economic development, social services, community revitalization and small businesses.

Headquartered in Boston, Boston Private has offices across the U.S. including Boston, San Francisco, San Jose, Los Angeles and South Florida. Private banking and trust services are provided through Boston Private Bank & Trust Company. Wealth management services are provided through Boston Private Wealth LLC, an SEC registered investment adviser and a wholly owned subsidiary of Boston Private Bank & Trust Company.

Responsibilities

The Benefits Analyst will help promote Boston Private's total rewards philosophy by researching, recommending, and explaining retirement, health and employee welfare programs. In order to optimize the company's benefits program, the Benefits Analyst is expected to stay abreast of market trends, best practices and day to day support to ensure that the company has competitive, cost effective, and scalable benefits policies, practices and processes.

  • Supports HR management in the selection and implementation of all health and wellness programs.

  • Participates in the development, implementation, and administration of the annual Open Enrollment and ongoing life events program including but not limited to preparing materials, overseeing the creation of Open Enrollment sessions, life event changes and modifications, and hosting Open Enrollment meetings.

  • Acts as the primary point of contact for benefit enrollment related questions.

  • Responsible for benchmarking benefit-related best practices by researching industry and employment trends and ensures that programs follow both federal and state regulations.

  • Collects, analyzes and summarizes employee benefit data and trends to assist in the overall evaluation of company benefit programs.

  • Provides administrative support to the 401(k) Committee including meeting scheduling, materials preparation, minute taking, and employee communication materials.

  • Provides administrative support for benefits vendor management and enrollments as needed, this includes ensuring data and enrollment accuracy.

  • Administers and manages the Employee Stock Purchase Program.

  • Administers all employee leaves of absence.

  • Assists HR project initiatives as needed, including supporting the Sr. HR Director, Total Rewards and HR Analyst with the annual merit and bonus recommendation process.

  • Other duties required in order to support the needs of the business.

Qualifications

  • Bachelor's degree in Human Resources Administration, Business Administration, Finance, or a related field required.

  • Strong detail orientation, verbal/written communication, project and time management skills.

  • Ability to manage and maintain highly sensitive and confidential information.

  • Strong Microsoft skills with a primary focus on Excel.

  • Minimum of 3-5 years of professional experience

  • Experience utilizing an enterprise HR system preferred.

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Benefits Analyst

Boston Private Financial Holdings