Senior Benefits Associate, Wayfair

Salary not provided
Mid and Senior level
Boston

More information about location

4 days a week in office

Wayfair

A global online homeware marketplace

Open for applications

Wayfair

A global online homeware marketplace

1001+ employees

B2CRetailLifestyleMarketplaceInterior designFurnitureHome improvementeCommerce

Open for applications

Salary not provided
Mid and Senior level
Boston

More information about location

4 days a week in office

1001+ employees

B2CRetailLifestyleMarketplaceInterior designFurnitureHome improvementeCommerce

Company mission

To help everyone, anywhere create their feeling of home.

Role

Who you are

  • The ideal candidate is an analytical, detail-oriented professional with a strong understanding of health plan design, regulatory compliance, and benefits analytics
  • 3+ years of experience in benefits administration, compliance, or benefits analytics
  • Bachelor’s degree in Human Resources Management or related field preferred - equivalent experience and proven results in HR Management, Benefits, FMLA, ADA will also be strongly considered
  • Strong knowledge of U.S. and/or Canadian benefits regulations (ACA, ERISA, HIPAA, COBRA, provincial healthcare laws, etc.)
  • Experience with health plan data analysis, claims reporting, and cost containment strategies
  • Strong problem-solving skills with the ability to interpret complex data and make strategic recommendations
  • Ability to work independently in a fast-paced team environment while managing multiple priorities
  • Experience working with HRIS systems and benefits platforms (Workday / Alight preferred)
  • Excellent communication and stakeholder management skills

What the job involves

  • We are seeking a Senior Benefits Associate to support the administration, compliance, and cost management of our North American health and welfare programs
  • This role will play a critical part in ensuring compliance with federal, state, and provincial regulations, analyzing key cost drivers, and implementing strategic interventions to optimize healthcare spend
  • This position offers an opportunity to take ownership of complex projects, collaborate with senior stakeholders, and drive cost-effective, consumer driven benefits strategies
  • Support the administration of U.S. and Canadian health & welfare plans, ensuring compliance, efficiency, and a seamless employee experience
  • Act as a subject matter expert for escalated benefits issues, partnering with vendors and internal teams to drive resolution
  • Lead annual benefits enrollment efforts, including communication strategies, vendor system testing, and employee education initiatives
  • Conduct in-depth analyses of claims data, plan performance, and utilization trends to guide program enhancements
  • Analyze health plan cost drivers, including claims trends, high-cost claimants, and utilization patterns
  • Develop and present data-driven recommendations to optimize plan design, reduce unnecessary costs, and enhance employee engagement
  • Support negotiations with vendors and insurers to ensure cost-effective benefits solutions
  • Stay informed on industry benchmarks, regulatory changes, and emerging trends to proactively manage risks and opportunities
  • Ensure ongoing compliance with ERISA, ACA, HIPAA, COBRA, and state-specific regulations
  • Lead efforts on 5500 filings, PCORI, RxDC and other mandated reporting
  • Partner with legal and external counsel to stay ahead of regulatory updates affecting U.S. and Canadian benefits programs
  • Manage vendor relationships, ensuring adherence to contracted service levels, reporting accuracy, and cost containment goals
  • Support RFPs, plan renewals, and implementation of new benefits programs
  • Collaborate cross-functionally with Talent, Finance, Legal, and Procurement teams to align benefits programs with business needs
  • Provide strategic insights and recommendations to senior leadership on benefits trends and plan performance

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Insights

-14% employee growth in 12 months

Company

Our take

Wayfair emerged in the early era of eCommerce with a mission to revolutionize online shopping, offering customers a convenient platform to purchase goods. Today, it stands as one of the foremost global players in the online furniture delivery industry, boasting an impressive inventory of over 33 million products.

Renowned for its extensive product range and comprehensive service offerings, Wayfair distinguishes itself by providing an end-to-end customer experience, from browsing to doorstep delivery. Despite its prominence, the company faces profitability challenges attributed largely to expansion expenses. Nonetheless, its solid presence in the competitive online homeware sector solidifies its position as a key contender.

With ambitious global expansion plans, Wayfair remains committed to maintaining its leadership in the industry. As it aspires to become the ultimate destination for all home needs, its more recent ventures into physical retail represent significant strides toward this overarching goal.

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Kirsty

Company Specialist at Welcome to the Jungle