Benefits & Leave Analyst

Reposted 3 Days Ago
Be an Early Applicant
Oklahoma City, OK, USA
In-Office
6-6 Annually
Senior level
Fintech • Software • Financial Services
The Role
The Benefits and Leave Analyst manages employee benefit programs, ensures compliance, supports leave processing, and analyzes benefit data to inform decisions.
Summary Generated by Built In

The Benefits and Leave Analyst is responsible for the administration of employee benefit programs, including retirement, health, dental, vision, voluntary and disability plans for ensuring compliance with legal regulations. This role reports directly to Benefits leadership.

Responsibilities 

  • Under limited supervision, oversees the day-to-day operations of benefit plans in collaboration with Benefits leadership, including enrollment processes, premium payments, claims management, and employee communication. 
  • Leads administration related to the 401(k)-retirement plan.
  • Administers functions related to the Flexible Spending and Health Spending Accounts.
  • Completes benefit billing and reconciliation, including auditing vendor invoices, processing payments, and coordinating payroll deduction audits.
  • Analyzes key metrics related to benefit utilization and identifies trends to help inform future plan adjustments, including benefit spend.
  • Supports system testing, web content accuracy and prepares reports and metrics on benefit programs.
  • Arranges annual open enrollment process in partnership with Benefits leadership, including coordination of all activity related to the benefits administration system and follow up with HRIS provider to ensure proper testing is completed. 
  • Maintains plan documents to ensure they are administered correctly and monitor renewal dates and changes to align with HRIS.
  • Creates and enhances benefit content to be shared with employees.
  • Ensures timely reporting of all federal and state compliance filings (including CMS, ACA, 5500, PCORI). 
  • Supports all types of leave processing, including FMLA, accommodations, disability, and workers’ compensation.  Maintains complete and accurate records of leave and accommodation requests in accordance with specified legal requirements and documentation of best practices.
  • Produces reports on leave and accommodations and recommends process enhancements.
  • Maintains internal security administration rights, sets up access rights to align with Vendor Access department.
  • Ensures compliance with federal, state and local regulations (i.e., ERISA, ACA, COBRA, FMLA, and HIPPA).
  • Collaborates with other team members to recommend solutions on various benefit related items.
  • Mentor’s peers within the department and serves as a trusted partner to internal stakeholders.
  • Provides best-in-class customer service to employees, ensuring responsiveness and professionalism.
  • Provides back up to other Benefits team members as needed.
  • Performs other special project as assigned by Benefits leadership.
  • Performs other related duties as assigned.

    Education Required

    Bachelors degree in Human Resource Administration, or related field. Will consider 7+ years of applicable benefits and 401k administration experience in lieu of a degree. 

    Experience Required

    • 6+ years’ experience in benefits administration of employee benefit programs.
    • Ability to interpret more complex data, analyze benefit trends, make informed decisions based on cost and employee needs, and make informed recommendations on somewhat complex issues.
    • Excellent written and verbal communication to effectively explain complex benefit information to employees.
    • Computer proficiency and technical aptitude with the ability to use Microsoft products, including Word, Excel, and PowerPoint; experience with HRIS and benefits databases.
    • Knowledge of all pertinent federal and state regulations, filing and compliance requirements, both adopted and pending, affecting employee benefits programs, including the ACA, ERISA, COBRA, FMLA, ADA, Section 125, workers' compensation, Medicare, COBRA, and Social Security and DOL requirements.
    • Ability to manage multiple benefit initiatives simultaneously and meet deadlines.
    • Establishing strong relationships with vendors, brokers, and internal stakeholders.
    • Ability to learn new Human Resources technology and working within an HRIS.  UKG and Plan Source experience preferred.
    Qualifications Education Required Bachelors or better. Experience Required Experience in benefits administration of employee benefit programs Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
    This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

    Top Skills

    Hris
    Excel
    Microsoft Powerpoint
    Microsoft Word
    Plan Source
    Ukg
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    The Company
    2,197 Employees
    Year Founded: 1982

    What We Do

    MidFirst Bank occupies a rare position within the banking industry. With $41.2 billion in assets, MidFirst Bank is the largest privately owned bank in the country. This combination of size and private ownership provides our customers with a special brand of banking. MidFirst Bank offers a full range of personal, commercial, trust, private banking and mortgage banking products and services. MidFirst is a strong commercial real estate lender and a major servicer of mortgage loans nationally. As a private business ourselves, we understand the unique needs of each business community we serve at each of our locations in Arizona (Phoenix), California (Los Angeles, Orange County, Santa Barbara, San Diego), Colorado (Boulder, Denver, Edwards, Fort Collins), Nevada (Las Vegas), Oklahoma (Oklahoma City, Tulsa, Western Oklahoma), Texas (Dallas, Houston, San Antonio) and Utah (Salt Lake City). Additionally, MidFirst Bank has commercial lending offices in Atlanta, Chicago, Nashville, New York City, Orlando, Raleigh and Southern California. We serve Southern California through 1st Century Bank, a division of MidFirst Bank. We also operate MidFirst Business Credit as a subsidiary of MidFirst Bank. MidFirst Bank provides services that compete with larger banks, while the people and culture truly define the MidFirst Bank difference. MidFirst provides exceptional financial and deeply committed customer service. Team members are loyal in their character, loyal in their personal commitment to customers, and loyal to always doing the right thing. MidFirst customers can always count on working with thoughtful, intelligent, honest professionals who are true to their financial goals. MidFirst Bank is a strong supporter of the communities they serve, investing time and money in important educational, charitable and civic organizations. Copyright © 2025 MidFirst Bank. All rights reserved. Member FDIC. Equal Housing Lender.

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