Skills & Competencies for Benefits Analyst I

Benefits Analyst I job profile

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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.
JOB FAMILY COMPETENCIES CORE COMPETENCIES
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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)
Analyzes industry trends to help improve overall benefits strategy and program offerings.
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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)
Adapts current programs and trends in diversity and inclusion to improve organizational performance.
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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)
Clarifies the differences between analytical thinking and critical thinking.
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Level 2 Behaviors
(Light Experience)
Analyzes the importance of the problem and determines the key points to solve it.
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Level 3 Behaviors
(Moderate Experience)
Applies various theories, concepts, or analytical tools to analyze complex problems.
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Level 4 Behaviors
(Extensive Experience)
Anticipates and develops comprehensive solutions to reduce potential obstacles, challenges, and risks.
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Level 5 Behaviors
(Mastery)
Champions advanced methodologies and approaches, such as design thinking, for creative problem-solving.
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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)
Cites steps and tips to improve attention to detail in the workplace.
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Level 2 Behaviors
(Light Experience)
Keeps full attention when listening to understand the message.
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Level 3 Behaviors
(Moderate Experience)
Balances between accuracy and efficiency for different tasks or programs.
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Level 4 Behaviors
(Extensive Experience)
Creates and implements quality management processes for our business.
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Level 5 Behaviors
(Mastery)
Defines possible hurdles to projects and creates strategies to deal with them.
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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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