What are the responsibilities and job description for the Benefits Analyst position at US HL Inc Houlihan Lokey, Inc?
Business Unit: Human Capital Group Industry: No Industry Houlihan Lokey Benefits Specialist Overview Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, the Middle East, and the Asia-Pacific region. Independent advice and intellectual rigor are hallmarks of the firm’s commitment to client success across its advisory services. Houlihan Lokey is the No. 1 investment bank for all global M&A transactions, the No. 1 M&A advisor for the past seven consecutive years in the U.S., the No. 1 global restructuring advisor for the past eight consecutive years, and the No. 1 global M&A fairness opinion advisor over the past 20 years, all based on number of transactions and according to data provided by Refinitiv. For more information, please visit www.hl.com. Scope: The benefits analyst is responsible for monitoring the financial status of benefit plans through reconciliation of enrollments, claims and/or insured cost as well as employee contributions. Collect, analyze, and prepare data in support of strategy, growth and individual business concerns of our various lines of business across the firm. You will contribute to the success of the HL Benefits Group by taking ownership of and accountability for assigned projects and deliverables. This role will focus primarily on domestic benefit plans however, could include support of international benefit analysis. Responsibilities: • Detailed monthly reconciliation and data clean-up process of retirement accounting and payroll to clear outstanding balances related to terminations and pay reissues. • Detailed monthly reconciliation of healthcare and voluntary benefit plans. • Collaborate with partners to deliver accurate and timely results, including relevant variance explanations • Analysis of utilization reports, carrier enrollment reports, as well as claims data and trends. • Creation of technical reports such as renewal census, marketing census and various benefit audits to support team. • Provide monthly, quarterly, and annual financial monitoring reports for tracking expenses by benefit plan; adapting to various carrier(s) reporting styles. • Determine financial status of benefit plans by comparing forecasts with actual costs. • Compilation of data and analytical support for mergers and acquisitions due diligence. • Provides information by assembling and summarizing data; preparing reports; making presentations of findings, analyses, and recommendations. • Interfaces with other team members to recommend solutions/provide technical reports on various deliverables. • Participate in process improvement, including needs and testing of solutions. Basic Qualifications: • Takes ownership of work and is accountable for its completion and accuracy; can problem solve and make effective decisions with minimal supervision. • Strong analytical skills and financial acumen. • Knowledge of generally accepted accounting principles and procedures. • Exceptional customer service skills and strong attention to detail. • Excellent written and verbal communication skills. • Excellent organizational and time management skills. • Ability to work and build partnerships across departments in a fast-paced environment. • Willingness to “roll up the sleeves” and do what it takes to get the job done. • Works well on a team and collaborates with others but also be able to work independently. • Proficient with Microsoft Office Suite, expertise in Excel. • Bachelor’s degree in HR, accounting/finance or related field. 10 years of relevant experience will substitute for degree. • Minimum of 5 years’ experience in HR analytics or financial analysis. Preferred Qualifications: • Prior experience in the financial industry Salary Range Houlihan Lokey is committed to providing its employees with an exciting career opportunity and competitive total compensation package, which may include other components such as discretionary incentive compensation. The firm’s good faith and reasonable estimate of the possible salary range for this role at the time of posting is: $100,000.00-$125,000.00 Actual salary at the time of hire may vary and may be above or below the range based on various factors, including, but not limited to, the candidate’s relevant qualifications, skills, and experience and the location where this position may be filled. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, gender identity, sexual orientation, protected veteran status, or any other characteristic protected by law. Houlihan Lokey is a leading global investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, and valuation. We operate in 17 countries and are recognized as the No. 1 Investment Bank for all global M&A transactions* as well as the No. 1 Global Investment Banking Restructuring Advisor*. *Source: Refinitiv
Salary : $100,000 - $125,000
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