Benefits Analyst II - Customer Success

Mitsubishi Heavy Industries Ltd

Houston, TX

JOB DETAILS
SKILLS
Accounting, Actuarial Skills, Administrative Procedures, Americans with Disabilities Act (ADA), Analysis Skills, Auditing, Aviation Industry, Billing, Budgeting, COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985), Communication Skills, Compensation and Benefits, Computer Skills, Consulting, Cost Control, Cost Effectiveness Analysis, Cost Estimates, Customer Support/Service, Data Analysis, Data Collection, Diversity, ERISA (Employee Retirement Income Security Act of 1974), Employee Benefits, Establish Priorities, FMLA (Family and Medical Leave Act of 1993), Federal Laws and Regulations, Fiduciary, File Management, Forecasting, Funding, Government, Government Regulations, HRIS/HRMS, Human Resources Management, Industry/Trade Analysis, Investment Services, Maintain Compliance, Medicare, Microsoft Excel, Microsoft PowerPoint, Microsoft Product Family, Multitasking, Organizational Skills, Physical Demands, Pivot Tables, Process Improvement, Project/Program Management, Reconciliation, Record Keeping, Regulations, Regulatory Compliance, Regulatory Submissions, Section 125 Pre-Tax Plan, State Laws and Regulations, Statistics, Team Player, Time Management, Treasury, Trend Analysis, Vendor/Supplier Planning, Willing to Travel, Worker's Compensation
LOCATION
Houston, TX
POSTED
30+ days ago

Mitsubishi Heavy Industries America, Inc. (MHIA) is looking for a Customer Success Benefits Analyst II to join our team for a 6-12 month assignment. This is an onsite role based out of our Houston, TX Headquarters in the Galleria District.

ABOUT MITSUBISHI HEAVY INDUSTRIES AMERICA, INC. (MHIA):

For over 130 years Mitsubishi Heavy Industries (MHI) Groups innovative and integrated solutions have demonstrated our commitment to creating a positive social impact around the globe. Our range of products and services are tailored to meet our customers evolving needs across the commercial aviation, energy, transportation and infrastructure, machinery, defense and space systems sectors.

Our culture embraces diversity and cooperation, and we promote a healthy balance of professional and personal development, ensuring that your ideas and expertise are valued and respected.

SCOPE:

The Customer Success Benefits Analyst II supports MHIA and MHIAs affiliate Retirement and Health and Welfare programs. The Benefits Analyst II partners with HR to provide accurate and timely responses to employees regarding benefits eligibility, coverage and provisions. The Benefits Analyst II ensures that plan offerings comply with all applicable laws and regulations. Provides reports regarding employee benefits. Assists in benefits communications and open enrollment.

The ideal candidate will have a minimum of six (6) years of relevant benefits experience; or an equivalent combination of education and experience.

JOB RESPONSIBILITIES:

  • Serve as a contact for plan vendors and third-party administrators.
  • Coordinate data transfer to external contacts for services, premiums, and plan administration.
  • Assess and improve internal processes to lower costs and boost efficiency.
  • Document and maintain administrative procedures for assigned benefits processes.
  • Ensure compliance with all applicable government regulations. Maintain timeliness and accuracy in required reporting and fees.
  • Coordinate daily benefits processing, including handling enrollments, COBRA, terminations, changes, beneficiaries, disability, accident and death claims, rollovers, QDROs, QMCSOs, distributions, loans, hardships, and compliance testing.
  • Manage employee benefits files, update group benefits database, and maintain employee payroll records.
  • Gather employee data and oversee the processing of monthly billings and the preparation of vouchers for payment of administrative fees for all group plans.
  • Allocate group health and dental claims monthly and review quarterly.
  • Analyze current benefits by evaluating the use, services, coverage, effectiveness, cost, plan experience, and competitive trends in benefits programs, and determine the companys stance.
  • Conduct plan audits. Prepare, gather, and organize data for actuarial assessments. Review data alongside actuarial evaluation teams.
  • Review both short- and long-term cost estimates, projections, and relevant statistical analyses related to changes in benefits programs and the implementation of new programs.
  • Survey industry trends. Complete benefits surveys and review the information gathered from the results. Analyze complex benefits data. Forecast trends and support future benefits designs. Develop specific recommendations for management review.
  • Monitor administrative costs of benefits programs and recommend strategies for cost containment, including alternative methods for administration and funding. Prepare budget recommendations and assist in monitoring, verifying, and reconciling budgeted funds.
  • Provide customer service support to both internal and external customers. Develop communication tools to improve understanding of the companys benefits package.
  • Design and distribute materials for benefits orientations, open enrollment, and summary plan descriptions.
  • Oversee the day-to-day administration of multiple 401(k) retirement plans, including executing post-payroll funding, verifying the processing of contributions, withdrawals, and other participant transactions.
  • Analyze and interpret plan documents, testing results, and government filings (e.g., Form 5500).
  • Provide consulting support to clients on plan design, fiduciary responsibilities, and regulatory updates.
  • Coordinate with multiple vendors, including recordkeepers, TPAs, custodians, and investment advisors, to ensure seamless plan administration.
  • Collaborates with internal partners (such as accounting, treasury, audit, etc.) and plan providers to oversee compliance (internal and external) and identify and implement control updates and process improvements.
  • Review and reconcile plan data, including participant records, contributions, and distributions.
  • This list of responsibilities is not all-inclusive, and an employee may be required to perform other relevant duties as assigned.

MINIMUM QUALIFICATIONS & SKILLS

  • Education Requirement: Bachelors degree in human resources management or related field or equivalent combination of education and experience.
  • Experience: A minimum of six (6) years of relevant benefits experience; or an equivalent combination of education and experience.
  • Knowledge of all relevant federal and state regulations, filing and compliance requirements, both adopted and pending, that affect employee benefits programs, including the ACA, ERISA, COBRA, FMLA, ADA, Section 125, workers compensation, Medicare, OBRA, Social Security, and DOL requirements.
  • Proficient in computer skills and technical abilities, including using Microsoft products such as PowerPoint, Excel Macros, and Pivot Tables; experience with HRIS and benefits databases.
  • Effective planning and prioritization skills. Ability to manage multiple complex projects simultaneously while working under pressure to meet deadlines.
  • Ability to work effectively in a team environment
  • Excellent communication and organizational skills

PREFERRED QUALIFICATIONS:

  • CEBS Certification preferred.

WORKING CONDITIONS:

  • Travel %: Up to 10%
  • Weekend/late night work if applicable: Occasionally
  • Lifting/physical requirements: Regularly required to sit for long period, stand, walk, talk and/or hear. Frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.

Why Should You Apply?

  • Excellent Benefits (Medical, Dental, Vision & 401K Matching)
  • Excellent growth and advancement opportunities
  • Paid vacation, sick time and 15 holidays
  • Committed to quality products and services.
  • Great working environment and culture

MHIA is an Equal Employment Opportunity (EEO) employer actively seeking to diversify the workforce and is committed to a policy of equal employment opportunity. Therefore, all qualified applicants are strongly encouraged to apply.

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About the Company

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Mitsubishi Heavy Industries Ltd