What are the responsibilities and job description for the Benefits Analyst position at Lowes?
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Job Summary
The primary purpose of this role is to partner with senior members of the benefits department to perform a variety of complex support activities related to in the administration design of the group benefit programs. This includes research and analysis, vendor relations, benefit systems, and plan implementations. This role will proactively partner with the Sr. Director, Group Benefits and Wellness Analysts, and benefits team on execution.
Key Responsibilities
Establishes and maintains relationships with vendors, brokers, consultants, and internal resources to ensure that benefit plans are compliant, competitive, and cost effective
Provides analytical support to help ensure that all plans and programs are aligned with corporate and HR strategies
Partners with finance, legal, and payroll on process and policy oversight to ensure compliance and accurate reporting of benefits
Communicates health and welfare and other benefit programs to all Lowe's employees, delivering outstanding customer service to employees, HR business partners, and managers
Coordinates research of best practices to identify and evaluate emerging trends, staying appraised of market advancements
Coordinates benchmarking analysis and benefit program comparisons under the direction of leadership
Provides health and welfare subject matter expert support to the management team and other HR business partners
Acts as project support or manager for some benefit projects (i.e. open enrollment, program, system implementations, upgrades, etc.)
Supports employees on complex benefits issues, as well as communicating features of programs and plan design
Supports compliance efforts with federal and state laws by interpreting regulations to ensure administration of benefit programs is compliant with applicable regulations
Individual Contributor
Preferred Qualifications
Bachelor's Degree Business or related field and 1-2 Years 2 Years Experience working in human resources in sponsor or consulting role Preferred
1-2 Years 2 Years Experience working in group benefits
Experience working in a large retail human resources environment
Strong analytic skills (mathematical and statistical) in order to identify trends and make actionable recommendations to leadership
About Lowe’s
Lowe's Companies, Inc. (NYSE: LOW) is a FORTUNE® 50 home improvement company serving approximately 17 million customer transactions a week in the U.S. With total fiscal year 2022 sales of over $97 billion, approximately $92 billion of sales were generated in the U.S., where Lowe's operates over 1,700 home improvement stores and employs approximately 300,000 associates. Based in Mooresville, N.C., Lowe's supports the communities it serves through programs focused on creating safe, affordable housing and helping to develop the next generation of skilled trade experts. For more information, visit Lowes.com.
Pay Range for CA, CO, HI, NJ, NY, WA: $56,400.00 - $94,000.00 annuallyStarting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit our benefits page.
Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.
Salary : $56,400 - $94,000