Sr. Benefits Specialist

Reposted Yesterday
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San Diego, CA
In-Office
97K-133K Annually
Senior level
Healthtech • Biotech • Pharmaceutical
The Role
Analyze employee benefits and leave data to identify trends and support compliance. Collaborate with cross-functional teams for data-driven recommendations and program improvements.
Summary Generated by Built In
Who We Are:

At Neurocrine Biosciences, we pride ourselves on having a strong, inclusive, and positive culture based on our shared purpose and values. We know what it takes to be great, and we are as passionate about our people as we are about our purpose - to relieve suffering for people with great needs.

What We Do:

Neurocrine Biosciences is a leading neuroscience-focused, biopharmaceutical company with a simple purpose: to relieve suffering for people with great needs. We are dedicated to discovering and developing life-changing treatments for patients with under-addressed neurological, neuroendocrine and neuropsychiatric disorders. The company's diverse portfolio includes FDA-approved treatments for tardive dyskinesia, chorea associated with Huntington's disease, classic congenital adrenal hyperplasia, endometriosis* and uterine fibroids,* as well as a robust pipeline including multiple compounds in mid- to late-phase clinical development across our core therapeutic areas. For three decades, we have applied our unique insight into neuroscience and the interconnections between brain and body systems to treat complex conditions. We relentlessly pursue medicines to ease the burden of debilitating diseases and disorders because you deserve brave science. For more information, visit neurocrine.com, and follow the company on LinkedIn, X and Facebook. (*in collaboration with AbbVie)

About the Role:Responsible for supporting Employee Benefits escalations and complex issues with compliant outcomes, while applying strong analytical and quantitative skills to evaluate employee benefit and leave of absence programs. This role analyzes benefits, healthcare, and leave data to assess cost-effectiveness, identify trends, and support data-driven recommendations. Partners with Benefits Managers, HR, Finance, Payroll, Legal, vendors, and external consultants to deliver timely analysis, reporting, and insights that support informed decision-making and continuous improvement of benefit programs.

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Your Contributions (include, but are not limited to):
  • Analyze benefits, healthcare, and leave of absence data to identify utilization trends, cost drivers, emerging patterns, and cost-benefit analysis between various Benefit programs
  • Perform recurring and ad hoc analysis of self-funded medical and leave data to support program utilization
  • Support Accounting with quarterly budget review and forecasting needs
  • Manage invoicing and track to annual budget
  • Manage vendor contracts and amendments
  • Prepare trend reports, summaries, and basic forecasting models to support benefit planning, renewals, and
  • Open Enrollment decisions
  • Apply statistical analysis techniques, including trend analysis, variance analysis, cohort analysis, and basic forecasting, to evaluate benefits and leave program performance
  • Support review of broker actuarial data to assist in validating trends, claims, and budget projections.
  • Support annual Open Enrollment through data analysis, participation reporting, and post-enrollment impact evaluation
  • Assist with evaluation of vendor performance, renewal proposals, benchmarking studies
  • Conduct data validation, enrollment audits, and invoice reconciliation to ensure accuracy, integrity, and compliance of benefits data
  • Support compliance and regulatory reporting activities (e.g., Form 5500, ACA, CMS, state reporting) by ensuring data accuracy and audit readiness
  • Partner cross-functionally with HR, Payroll, Finance, and Legal to respond to data requests and support benefits-related initiatives
  • Maintain and update standard reports, dashboards, and analytical tools used to monitor benefits and leave program performance
  • Serve as a knowledgeable resource for benefits and leave data, escalating complex issues as appropriate
  • Other duties as assigned
Requirements:
  • BA/BS in Business, HR, or related field, or equivalent experience, training, or certifications AND 4+ years of related work experience OR
  • MA/MS in Business, HR, or related field AND 2+ years of related work experience OR
  • Human Resources Certificate highly preferred
  • May require special certification CP, SCP, PHR, aPHR, SPHR, PHRca, CEBS, Absence Management
  • Work with actuarial team to review renewal data and reporting to support data driven recommendations, decisions and trends
  • Summarize and present data for review with Health and Wellbeing committee, HR, and Finance teams
  • Leverage available tools and automation to improve efficiency and accuracy of data report (e.g., AI)
  • Strong analytical, organizational, and communication skills
  • Strong knowledge of employee benefits and leave of absence programs (FMLA, ADA, state leaves, disability)
  • Experience working with HRIS and third-party benefit/leave vendors
  • Exposure to advanced Excel-based analytics for health cost analysis (e.g., pivot tables, trending and scenario modeling)
  • Intermediate to advanced knowledge of self-funding, stop-loss and PMPM concepts (e.g., claim lag, stop-loss, loss ratios, trends)
  • Ability to leverage a variety of tools and platforms to support Payroll, Accounting, HR and external vendors
  • Expertise with vendor dashboards and reporting tools, preferably Workday and AbsenseSoft preferred

Neurocrine Biosciences is an EEO/Disability/Vets employer.

We are committed to building a workplace of belonging, respect, and empowerment, and we recognize there are a variety of ways to meet our requirements. We are looking for the best candidate for the job and encourage you to apply even if your experience or qualifications don’t line up to exactly what we have outlined in the job description.

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The annual base salary we reasonably expect to pay is $97,000.00-$133,000.00. Individual pay decisions depend on various factors, such as primary work location, complexity and responsibility of role, job duties/requirements, and relevant experience and skills. In addition, this position offers an annual bonus with a target of 20% of the earned base salary and eligibility to participate in our equity based long term incentive program. Benefits offered include a retirement savings plan (with company match), paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage in accordance with the terms and conditions of the applicable plans.

Top Skills

Absensesoft
AI
Excel
Hris
Workday
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The Company
HQ: San Diego, CA
1,150 Employees
Year Founded: 1992

What We Do

Neurocrine Biosciences is a neuroscience-focused, biopharmaceutical company with a simple purpose: to relieve suffering for people with great needs, but few options. We are dedicated to discovering and developing life-changing treatments for patients with under-addressed neurological, neuroendocrine and neuropsychiatric disorders. The company’s diverse portfolio includes FDA-approved treatments for tardive dyskinesia, Parkinson’s disease, endometriosis* and uterine fibroids* , as well as clinical programs in multiple therapeutic areas. For three decades, we have applied our unique insight into neuroscience and the interconnections between brain and body systems to treat complex conditions. We relentlessly pursue medicines to ease the burden of debilitating diseases and disorders, because you deserve brave science.

Review our Community Guidelines: https://bit.ly/3L8M8hx

*in collaboration with AbbVie

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