Senior Benefits Analyst

February 22

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Root Inc.

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Root Inc. is an innovative car insurance company that utilizes mobile technology to offer personalized insurance rates based on individual driving behavior. The company operates through its app, which collects driving data via smartphone sensors, enabling it to provide more accurate and often cheaper auto insurance quotes for good drivers. Customers can manage their policies, file claims, and even earn rewards through the app, making it a convenient choice for users. Root Inc. emphasizes savings for safe drivers and provides additional features such as roadside assistance. Their services are available in various states across the U. S. , although some limitations apply depending on location.

Car Insurance • Mobile App • Technology • Automotive Telematics • Insurance

1001 - 5000 employees

Founded 2015

💳 Fintech

👥 B2C

📋 Description

• Provide expert support across benefits offerings and employee population. • Maintain and enhance total rewards programs to attract and retain top talent. • Collaborate with leadership on evaluating and enhancing benefits offerings. • Serve as the in-house expert on medical insurance self-funding. • Manage day-to-day administration of 401(k) plan and ensure compliance. • Oversee company-wide leave programs ensuring consistency and compliance. • Assist payroll department with processing benefit withholdings. • Take ownership of ad hoc projects within the total rewards space.

🎯 Requirements

• 6+ years of experience in benefits administration. • 3+ years experience with insurance self-funding, with a strong desire to have previously led a transition from fully insured to self-funded. • Strong analytical skills, with ability to interpret data, identify trends, and make strategic recommendations. • Expertise in benefits strategy, 401(k) administration, and other benefits-related tasks. • Excellent communication and collaboration skills, with a focus on partnership across HR and other business units. • Ability to work independently with a high level of accountability, while also contributing to team goals.

🏖️ Benefits

• Administer and support company benefits programs (i.e., healthcare, wellness, voluntary benefits). • Collaborate with leadership to evaluate and enhance benefits offerings to ensure competitiveness while balancing cost considerations. • Determine and administer the best path (fully insured or self-funded) for medical insurance plans. • Manage day-to-day administration of the 401(k) plan, ensuring accurate contributions, compliance with all regulatory requirements, and annual 5500 audit support. • Oversee company-wide leave programs ensuring consistent application, compliance, and employee satisfaction. • Assist our payroll department with bi-weekly payroll processing as it relates to withholdings associated with benefits. • Take ownership of various ad hoc projects within the total rewards space as needed.