Global Benefits Financial Analyst ll

Latham & Watkins, a global law firm consistently ranked among the top firms in the world, is seeking a Global Benefits Financial Analyst ll to join our dynamic team in New York, Washington, D.C., San Francisco, Chicago and our Global Services Office in Los Angeles.

About Latham & Watkins
Latham & Watkins is a global law firm consistently ranked among the top firms in the world.  The success of our firm is largely determined by our commitment to hire and develop the very best and brightest, creating a team that provides our clients with the highest quality of work and service. We are driven by our core values: respect, innovation, and collaboration.

About the role
As a Global Benefits Financial Analyst ll, you will be responsible for coordinating financial, claims and utilization data relating to all benefit plans firm-wide. In addition, the Global Benefits Financial Analyst II will be responsible for analyzing and reporting data related to ongoing Global Benefits projects, programs and plans, and will maintain and build relationships with brokers, third party administrators, and insurance carriers for the firm. Other key responsibilities include:

• Collecting and preparing utilization and financial data both regularly and on an adhoc basis for use in various department reports; ensuring reports are relevant and timely
• Assisting with special projects as needed, including the preparation and presentation of information in Excel and PowerPoint
• Performing research on various areas of the firm benefit program including reviewing premium payments, tracking benefits costs, and analyzing claim trends
• Analyzing and reconciling various benefit accounts and processes by researching and identifying errors in account postings and/or invoices
• Performing flexible spending account discrimination testing and implementing any necessary remedies to be compliant
• Promoting effective work practices and works as a team member
• Assisting the Global Benefits Sr. Financial Analyst with the preparation of budgets; monitoring and analyzing variances to the plan
• Preparing regulatory filings; ensuring accurate and timely filing and reporting 
• Reconciling and processing benefit program payments on an as needed basis as a back-up to the Global Benefits Billing Analyst
• Preparing Annual Enrollment contribution spreadsheets, as well as pricing spreadsheets for distribution to employees and firm management
• Reviewing and analyzing the impact of pending legislative and regulatory changes for health and welfare plans; keeping abreast of new legislation as well as market trends to ensure the benefit program remains effective and competitive

About you
We’d love to hear from you if you:

• Possess knowledge of accounting principles, general ledger, budgeting and budget variance analysis, as well as compensation and benefits practices
• Demonstrate a well-developed and professional interpersonal skills; ability to interact effectively with people at all organizational levels of the firm
• Have comprehensive knowledge of the terms and conditions of all US health and welfare plans to ensure the proper administration by insurers and vendors.

And have:

• A College degree with a concentration in an analytical area of study (Finance, Accounting, Economics or Mathematics)
• A minimum of three (3) to five (5) years related financial analysis and/or employee benefits administration experience

Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment, but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Latham’s comprehensive benefit program which includes:

• Healthcare, life and disability insurance
• A generous 401k plan
• 10 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenure
• Wellness programs (e.g. membership to HeadSpace, access to mental health services, well-being events, etc.)
• Professional Development programs
• Employee discounts
• And more!

Additionally, we have a range of diversity programming including Global Affinity Groups. These groups provide a firmwide platform to share experiences and advice as well as an opportunity to participate in a supportive network with common interests to help make life at the firm even better.

Latham & Watkins is an Equal Opportunity Employer. Our commitment to diversity, equal opportunity, pro bono work and sustainability enables Latham & Watkins to draw from a remarkable wealth of talent to create one of the world's leading law firms. Our lawyers, paralegals, and professional staff worldwide comprise a rich mixture of different races, ethnic backgrounds, religions, sexual orientations, cultures, and primary languages. Our diversity makes us who we are.

Latham & Watkins LLP is committed to protecting the health and well-being of our employees and partners, their families, and members of our community against COVID-19. Accordingly, the Firm requires all partners and employees based in the United States to be fully vaccinated against COVID-19.   Employees must present proof of full COVID-19 vaccination at the time that a conditional offer of employment is made. This policy is mandatory except for employees with a documented legally permissible exemption for not receiving the COVID-19 vaccine.

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