Skills & Competencies for Benefits Analyst I

Benefits Analyst I job profile

JOB SUMMARY for Benefits Analyst I

Researches, analyzes, evaluates, and administers corporate benefit plans and programs.

JOB RESPONSIBILITIES for Benefits Analyst I

Monitors benefit trends in the business environment and must stay abreast of applicable benefits legislation. Assists in determining impact of new policies or provisions.

Benefits Analyst I SALARY RANGE

BASE 50%
$63,077
TOTAL 50%
$64,605
Job Level
P01
Job Code
HR09200001
Education/Degree
Bachelor's Degree
Reports To
Manager

Benefits Analyst I Skills and Competencies List

Proficiency Levels and Behavioural Indicators
Salary.com identifies five increasing levels of proficiency for each skill/competency. Some jobs require only a relatively low level of proficiency in each skill/competency, while other jobs will require a more advanced level of proficiency in the same skill/competency. These levels rate the degree of proficiency (skill level, expertise) we expect the incumbent to perform in the given skill/competency for the given job. Note that we intentionally do not associate timeframes or years of experience in performing the skill/competency because that can be misleading. Proficiency levels identify what the incumbent knows and can do rather than how long they have been doing it. Also, note that the proficiency levels are cumulative, e.g., a level 4 proficiency implies the ability to perform all the behaviors at the lower levels.
Check each Benefits Analyst I skill and competencie below to view definitions.

9 general skills or competencies (Job family competencies) for Benefits Analyst I

1 Job Family Competencies – Benefit Programs
Proficiency Level -2
Skill definition-Designing, managing, assessing and implementing compensation plan to attract and retain talent.
Level 1 Behaviors
(General Familiarity)
Compares the pros and cons of two benefits vendors.
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Level 2 Behaviors
(Light Experience)
Collects required information to support the analysis of benefits program objective.
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Level 3 Behaviors
(Moderate Experience)
Communicates benefits clearly to employees based on company policies.
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Level 4 Behaviors
(Extensive Experience)
Develops a periodic evaluation process to determine effectiveness of benefits program.
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Level 5 Behaviors
(Mastery)
Analyzes current benefits costs and creates a budget spreadsheet outlining annual benefits costs.
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2 Job Family Competencies – Diversity and Inclusion
Proficiency Level -1
Skill definition-Developing and promoting acquaintance, empowerment, and integration of each unique individual to create a productive and safe working environment.
Level 1 Behaviors
(General Familiarity)
Cites key topics and areas in diversity and inclusion to identify impacts on our workplace.
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Level 2 Behaviors
(Light Experience)
Applies diversity and inclusion principles to promote an inclusive working environment.
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Level 3 Behaviors
(Moderate Experience)
Contributes to the development of a healthy work environment that values diversity and inclusion.
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Level 4 Behaviors
(Extensive Experience)
Develops collaborative leadership approaches to promote the values of diversity and inclusion.
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Level 5 Behaviors
(Mastery)
Builds strategic partnerships across our organization to establish diversity and inclusion programs.
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3 Benefits Analyst I - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Benefits Analyst I
Proficiency Level - 4
5 Competency for - Benefits Analyst I
Proficiency Level - 5

6 soft skills or competencies (core competencies) for Benefits Analyst I

1 Core Competencies – Analytical Thinking
Proficiency Level -1
Skill definition-Gathering, organizing, and analyzing information to identify the root cause of organizational problems and develop alternative solutions accordingly.
Level 1 Behaviors
(General Familiarity)
Explains the integral role data collection plays when conducting analytical thinking.
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Level 2 Behaviors
(Light Experience)
Breaks down a specific project into lists of tasks.
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Level 3 Behaviors
(Moderate Experience)
Examines information or a situation thoroughly and in detail.
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Level 4 Behaviors
(Extensive Experience)
Draws conclusions based upon logic and intuitive judgment.
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Level 5 Behaviors
(Mastery)
Forecasts customers' expectations and formulates strategies to ensure customer satisfaction.
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2 Core Competencies – Attention to Detail
Proficiency Level -2
Skill definition-Executing and completing a task with a high level of accuracy.
Level 1 Behaviors
(General Familiarity)
Identifies the procedures for making sure that results are mistake-free.
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Level 2 Behaviors
(Light Experience)
Records all appointments on the calendar to easily track daily activities.
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Level 3 Behaviors
(Moderate Experience)
Reviews and analyzes the accuracy of data and details.
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Level 4 Behaviors
(Extensive Experience)
Designs systems to help the team organize and track details and project progress.
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Level 5 Behaviors
(Mastery)
Develops best practices for identifying and correcting errors, oversights, and omissions.
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3 Benefits Analyst I - Skill and Competency
Proficiency Level - 3
4 Skill and Competency - Benefits Analyst I
Proficiency Level - 4
5 Competency for - Benefits Analyst I
Proficiency Level - 5

Summary of Benefits Analyst I skills and competencies

There are 0 hard skills for Benefits Analyst I.
9 general skills for Benefits Analyst I, Benefit Programs, Diversity and Inclusion, Employee Assistance Programs, etc.
6 soft skills for Benefits Analyst I, Analytical Thinking, Attention to Detail, Honesty And Integrity, etc.
While the list totals 15 distinct skills, it's important to note that not all are required to be mastered to the same degree. Some skills may only need a basic understanding, whereas others demand a higher level of expertise.
For instance, as a Benefits Analyst I, he or she needs to be proficient in Analytical Thinking, be proficient in Attention to Detail, and be proficient in Honesty And Integrity.

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