Requisition Number: 2021-04-04158-0171-002
Job Title: Benefits Analyst
City: New York
State: NY
Shift: Monday - Friday; 9:30 AM - 5:30 PM
Hours: 35

Simpson Thacher & Bartlett LLP is a leading global law firm with offices in New York, Beijing, Hong Kong, Houston, London, Los Angeles, Palo Alto, São Paulo, Tokyo and Washington, D.C. Established in 1884, the Firm currently has more than 850 lawyers. On a world-wide basis, the Firm provides coordinated legal advice on the largest and most complex corporate transactions and litigation matters in industries which include financial services, insurance, power and natural resources, consumer products, services, technology, telecommunications, media, pharmaceuticals and healthcare industries. Cross-border finance, banking and bank regulation, mergers and acquisitions, securities issuance and regulation, project and asset based finance, real estate, asset management, joint ventures, taxation, litigation and dispute resolution are important aspects of the Firm’s practice.

Benefits Analyst

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Description/Job Summary

The Benefits Analyst is responsible for leveraging benefits knowledge to support the Firm’s benefit invoicing and reconciliations, financial claims, Human Resources Information System ( HRIS) requests, data maintenance, analysis and reporting. This position works closely with varied departments, e.g. Benefits, Payroll, HR and Finance, to further Firm’s overall business goals and initiatives.

Responsibilities/Duties

  • Assist with management of  invoices for carriers, administrators and vendors for Firm’s Health & Welfare and Retirement plans
  • Provide technical support to Benefits team on data analytics, annual plan audits, government filings, benefit integrations, and other related compliance activities
  • Perform premium and records audits against carrier, payroll, and HRIS databases to maintain accuracy
  • Work with Payroll, Finance and utilize the HRIS to ensure benefit financial accuracy
  • Perform general ledger reconciliation of all benefit plans; analyze gaps in reconciliations and provide recommended resolutions
  • Participate in Open Enrollment planning sessions, testing HRIS functions and support implementation of new benefit plans
  • Provide phone and email support during the Annual Open Enrollment period
  • Assist with the creation of Partner benefit statements
  • Perform routine audits to ensure the accuracy and integrity of benefit information into systems
  • Recommend process improvements to streamline benefit work streams
  • Evaluate, develop, implement, and provide support for HRIS and associated processes within the firm
  • Perform other duties as assigned

Required Experience

  • 3-5 years of benefits related experience
  • Ability to organize, prioritize, plan and multi-task work activities in a high pressure environment
  • Experience in benefit finances/accounting
  • Experience in benefits systems and working with benefit plans
  • Advanced knowledge of Microsoft Excel to include macros, vlookups,  pivot tables and other functionalities
  • Exceptional analytic abilities and attention to detail
  • Ability to work in team environment, as well as independently
  • Strong technical aptitude with the ability to learn various systems and databases

Preferred Experience

  • Previous knowledge of HRIS and payroll systems (i.e., Workday, UltiPro, ADP)
  • Familiarity with major benefit laws and regulations, including COBRA, HIPAA, ERISA, and Heath Care Reform

Required Education

  • Bachelor’s degree in Business, Finance, HR, or related field
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Simpson Thacher & Bartlett is committed to a collegial work environment in which all individuals are treated with respect and dignity. The Firm prohibits discrimination or harassment based upon race, color, religion, gender, age, national origin, citizenship status, disability, marital or partnership status, sexual orientation, protected veteran’s status or any other legally protected status. “Gender” includes actual or perceived sex, a person’s gender identity, self-image, appearance, behavior or expression, whether or not that gender identity, self-image, appearance, behavior or expression is different from that traditionally associated with the legal sex assigned to that person at birth. This Policy pertains to every aspect of an individual’s relationship with the Firm, including but not limited to recruitment, hiring, compensation, benefits, training and development, promotion, transfer, discipline, termination, and all other privileges, terms and conditions of employment.