Benefits Analyst

Reposted 6 Days Ago
Be an Early Applicant
Long Grove, IL
In-Office
65K-85K Annually
Mid level
Logistics • Sales
The Role
The Benefits Analyst manages and optimizes employee benefits programs, ensuring compliance, analyzing data, and providing support to employees regarding benefits options.
Summary Generated by Built In
Company Description

Join our vertically integrated team at MAT Holdings, Inc., a leading global manufacturer with a 40-year history. We're proud to provide employment opportunities for more than 14,000 employees across 12 countries. Headquartered in Long Grove, Illinois, we have over 40 factories on three continents, including 2.1 million square feet of U.S. distribution and manufacturing space.

You will find our products in home improvement centers, big-box retailers, hardware stores, and automotive chains. They're in the cars you drive, the trailers you tow, and the heavy-duty machinery you operate.

MAT can maintain consistent expertise and solutions across the entire supply chain. We’re experts in engineering, manufacturing, quality assurance, logistics and distribution, marketing, design, and customer service — we don't just make it happen, we ensure it happens with excellence.

We’re more than manufacturing, we’re MAT.

Benefits

  • MAT Holdings Inc. and its subsidiaries offer a complete benefits package that includes medical, dental, vision, and disability insurance after 60 days of employment
  • Paid Time Off (PTO), including paid vacation, sick days, and paid holidays
  • 401k Retirement Plan + Company Match
  • Career Advancement Program, training and development
  • Wellness Programs, including fitness reimbursements and mental health support
  • Health Savings Account (HSA) and Flexible Spending Accounts (FSA)
  • Voluntary Life / AD&D , Employer Provided Life/AD&D
  • and More

Job Description

The Benefits Analyst is responsible for managing, analyzing, and optimizing an organization's employee benefits programs, such as health insurance, retirement plans, and wellness initiatives. Their primary goal is to ensure that benefit offerings are competitive, cost-effective, compliant with regulations, and support employee satisfaction and retention.

Principle Responsibilities

  • Program Administration: Administer day-to-day operations of benefits plans (e.g., health, dental, vision, 401(k), leave of absence programs). This includes managing enrollment processes for new hires and during annual open enrollment periods, as well as processing changes and terminations.
  • Data Analysis & Reporting: Collect and analyze data on benefits utilization, costs, and market trends to identify opportunities for improvement and cost-saving strategies. Prepare reports and presentations for management to inform decision-making.
  • Compliance: Ensure all benefit programs comply with federal, state, and local laws and regulations, such as the ACA, ERISA, HIPAA, and COBRA. This may involve preparing and submitting required compliance filings (e.g., Form 5500s).
  • Vendor Management: Collaborate with external vendors, insurance carriers, and brokers to manage contracts, resolve claims issues, and ensure effective service delivery.
  • Employee Communication & Support: Serve as a primary point of contact for employee benefits questions, explaining options and procedures clearly and with discretion for confidential information. Develop communication materials, handbooks, and host educational meetings or orientations.
  • Strategy & Recommendations: Research industry best practices to benchmark the company's offerings and recommend enhancements to existing plans or the introduction of new programs to attract and retain talent. 

Qualifications

Competencies

  • Exceptional organizational, interpersonal, and communication skills, both oral and written
  • Eagerness to work independently as well as part of a team, with flexibility and willingness to learn and take initiative on a variety of tasks and projects in a fast-paced environment
  • Ability to maintain confidentiality of information and exercise good judgment and discretion in handling and disseminating information
  • Highly detail-oriented with the ability to handle shifting deadlines and priorities
  • High level of commitment, sound judgment, excellent follow-through, and initiative

Education/Experience

  • Bachelor’s degree, preferably in Business Administration, Human Resources Management, or equivalent experience
  • Three + years of Benefits experience in a medium-sized organization with employees in multiple states.
  • Strong working knowledge of governmental regulations related to benefits such as ADA, FMLA, HIPAA, COBRA, ERISA, FLSA, and ACA.
  • Demonstrated experience in the administration of various benefit programs, including medical, dental, vision, EAP, life insurance, and disability
  • Experience working with highly confidential information while maintaining discretion.

The posted salary range for this position is $65,000 to $85,000 annually. Final compensation will be determined based on the candidate’s skills, experience, and qualifications.

Additional Information

All your information will be kept confidential according to EEO guidelines.

Top Skills

Data Analysis
Reporting
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The Company
HQ: Long Grove, IL
602 Employees
Year Founded: 1984

What We Do

MAT Holdings is a diversified, privately-held family company with a portfolio of companies that manufacture, market, and distribute quality products and trusted brands to the hardware and fencing, automotive, and power equipment industries. MAT Holdings Inc. was formed in 1984 as Midwest Air Technologies Inc. with its current headquarters located in Long Grove, IL. Today, the company has grown to include six subsidiary companies within the U.S. and twelve worldwide and employs roughly 13,000 people.

The company’s core businesses include the production, sales and service of products in the automotive, fencing and hardware and power equipment sectors. Customers include home improvement centers, mass and specialty retailers, hardware and farm co-ops, wholesale distributors, warehouse clubs, OEMs, OE suppliers and others.

MAT has operations on three continents including 2.1 million sq. ft. of strategically positioned warehousing and manufacturing space throughout the U.S.

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