Benefits and Compensation Analyst

Benefits and Compensation Analyst - Corporate Office, Boston, MA

Hybrid Remote

Summary

The Benefits and Compensation Analyst is expected to have detailed knowledge to support compensation and benefits plans and programs, and substantial experience executing related processes and procedures. The person in this role will be a key business partner to corporate and operational business functions, and HR colleagues and will help build and execute the broader strategy for all compensation, benefits, recognition, and wellness programs at Beacon Communities. This role will contribute to the design and implementation of cost-effective compensation, benefit, wellness, and recognition procedures, and ensure practices and programs that are and aligned with Beacon’s culture.

Essential Functions of the Position

• Partner with internal teams to develop rewards, recognition and wellness strategies and plans in support of business goals and objectives.
• Coordinate, and participate in, a variety of research and analysis efforts to ensure programs stay competitive to the market and are cost effective to the organization.
• Lead projects and provide subject matter expertise to the company or function ensuring activities and tasks are completed timely.
• Monitor and analyze the performance of the programs such as benefits claims spend, vendor performance, benefits administration call center, recognition platforms and wellness offerings.
• Ability to track down, understand, and synthesize data from multiple sources like payroll data, benefits data, leave data, 401k data, compensation data, and industry data to respond to internal questions, and develop and implement communication, training for various audiences to promote understanding and transparency of programs, initiatives, policies, and procedures.
• Catalyst for generating ideas to improve efficiencies and continuous improvement opportunities - a recognized expert in all aspects of rewards processes and systems.
• Provide ongoing support with internal partners on areas of expertise. This includes providing clear explanation of items like leave management, 401k questions and administration.
• Experience administering leaves of absence, worker’s compensation, and 401k, as well as demonstrated experience and knowledge of common compensation practices and programs.

Qualifications:

• Bachelor's Degree or equivalent combination of education and related work experience.
• 5+ years of Compensation and Benefits experience.
• Effective communication style for interacting with internal customers and external vendors.
• Analysis of compensation and benefits programs to maintain equity, competitiveness, and legal compliance.
• Conducts 401k plan audits, works with benefits and compensation survey information, and prepares ad-hoc reporting.
• Recommend process/customer service improvements, innovative solutions, policy changes, etc.
• Respond to escalated benefit, payroll deduction, billing, and claims inquiries from employees and retirees.
• Knowledge of laws and regulations as they apply to compensation and incentive compensation programs, company policies, and operations, HIPAA, ACA, and other relevant benefits and leave compliance knowledge.
• Communicate effectively with all levels of management, associates, and vendors.
• Demonstrated strong analytical and problem-solving skills; ability to synthesize data from multiple sources into coherent responses, analyses, and recommendations.
• Advanced MS Excel skills.
• Ability to create and manage complex project plans.
• Able to handle multiple priorities.
• Maintain high level of confidentiality.

Reports to: Senior Director, Total Rewards & Systems

Direct Reports: None

FLSA Status: Exempt

Location: Boston Corporate Office Hybrid

Benefits Offered:

At the core of Beacon Communities is the talent on our teams, and we are committed to taking care of our team members so they can deliver great experiences to our residents. That is why we are proud to provide competitive compensation and comprehensive benefits that support a healthy life for you and your family when you join our team.

As a regular, full time employee at Beacon you can expect:

• Health & Wellness Benefits. We offer plans for quality medical, dental, and vision coverage to all employees regularly scheduled to work a minimum of 24 hours or more per week. HSA/FSA options are also available.
• Work-Life Balance. On top of offering 13 paid holidays per year, we have an attractive paid time off policy that includes vacation days, personal days, sick time, wellness days, summer flex time, volunteer days and early close Fridays.
• Retirement planning. We offer a 401k program with a company match.
• 100% Company-Paid Life Insurance.With affordable options to elect voluntary life, critical illness, hospital care or accidental injury coverage.
• Access to an Employee Assistance Program (EAP),Childcare & Eldercare Support, Career Development and Advancement Opportunities… and more!

Company Overview: 
 

Founded in 2004, Beacon Communities LLC is a privately-owned real estate firm that develops, acquires, invests in, and manages a wide range of multifamily housing. Beacon currently owns and manages approximately 150 properties including affordable housing, market rate housing, and mixed income-housing. Its developments range from new construction, to historic adaptive reuse, to the renovation of existing housing. 

At Beacon, we strive to make a difference in our residents’ lives. We build outstanding communities that make enduring contributions to the vitality of our cities and towns. We create communities that serve a diverse cross section of our society. Our communities are healthy and vibrant. Why? Because they are planned with care, consideration, and compassion.

Beacon Communities LLC is an Equal Opportunity Employer that seeks a diverse pool of candidates. We are committed to a policy of equal employment opportunity without regard to race, color, ancestry, national origin, religion, disability, gender, gender identity, sexual orientation, age, veteran status or other protected class. All qualified applicants are encouraged to apply. Beacon Communities LLC participates in the E-Verify program.