Cargill HR Solutions - Senior Benefit Analyst in Hopkins, Minnesota

HR Solutions - Senior Benefit Analyst

Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and over 150 years of experience. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work.

Description

Position Purpose

Use Benefits industry knowledge, competitive information, benefit utilization data and legal requirements to consult with the businesses in ensuring Cargill is providing effective and competitive benefit solutions for active and retired employees. Responsibilities require guiding/reviewing and performing activities within a geography and/or client group with limited supervision. Activities include, but are not limited to: development of recommendations (financially appropriate and competitive), implementation and execution of the benefit strategies, policies and programs, as well as provide guidance on the operational processes to support the benefit administration. This includes, as well, relationship management with HR and the business, research, analysis, governance and compliance.

Principal Accountabilities

50% - Develop, Implement & Execute Benefit Strategies, Policies, Programs

  • Drawing upon benefit knowledge, understanding of the business environment, and requirements and under limited supervision:

  • Analyzes and provides recommendations on future adoption of programs

  • Provides consult to HR/Business Managers and supervisors regarding the compliant delivery of benefits

  • Guide, review and drive benefit projects, including the implementation of new benefit programs and/or benefit program vendors

20% - Business Relationship and Vendor Management

  • Provide consultation to HR and business managers regarding benefits issues and activities

  • Provide direction on communications regarding strategies, policies, programs and processes

  • Provide support in the design/delivery of training and education

  • Monitor vendor’s operational performance and implementation of programs

10% - Compliance and Governance

  • Guides, reviews and performs the design and execution of the benefits framework

  • Under limited supervision consults HR and business in benefits policies, programs and champions governance process for approvals

  • Ensures the consistent application of benefits administration in compliance with all regulatory requirements for a complex geography and/or client group.

  • Works with legal as appropriate

  • Helps to ensure measurement for compliance is in place with other measurements

15% - Benefit Research, Analysis and provide support tools

  • Draw upon knowledge of benefit principles, theories and concepts for the review of benchmarking, research, and analysis related to:

  • Cost modeling, business impact, market comparisons, emerging trends

  • Prepare complex information for use by Manager for overall reporting

  • Oversee the ongoing premium to claims reconciliation process for self-insured benefits

  • Prepare complex reports for use with HR Managers and finance.

  • Support corporate and business Finance and Reporting function regarding fiduciary requirements of self-insured benefit plans

  • Support employee/employer self-insured benefit rate setting process

5% - Other Duties, as assigned

Qualifications

Required:

  • Bachelor’s Degree

  • 6 years professional level benefits administration experience with both self-insured and insured Health & Welfare benefit plans

  • Previous experience in an outsourced benefits administration environment

  • Experience managing projects and producing deliverables on time and within budget

  • Knowledge of industry and market trends

  • Working experience with MS Excel (such as: Pivot tables, advanced formulas, complex modeling tools)

Success Factors:

  • Demonstrated ability to seek out strategic alliances and successfully collaborate with others both inside and outside the organization

  • Strong and proven analytical and critical thinking skills

  • Ability to analyze and interpret data to effectively influence and improve strategies/methods

  • Must be resourceful and able to work under minimal supervision

  • Strong oral and written communications skills

  • Proven ability to be a team player

Preferred Qualifications:

  • Bachelor’s Degree in Human Resources, Business Administration, Finance OR related field

  • Working knowledge of fiduciary requirements of self-insured benefit plans

  • Experience with administration of retiree medical benefit plans

Equal Opportunity Employer, including Disability/Vet.

Job Human Resources

Primary Location US-MN-Hopkins

Schedule Full-time

Job Type Standard

Shift Day Job

Req ID: HOP04580