The average salary for a Senior Benefits Analyst is $69,878.
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$53k - $89k
$1k - $10k
$596 - $6k
$51k - $95k
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Job Description for Senior Benefits Analyst
A senior benefits analyst manages the day-to-day administration of employee benefits. The responsibilities include new hire benefit enrollment, as well as the life event and annual benefits enrollment processes. Another main task is to create and maintain the annual compliance calendar to ensure that every employee has received benefit information and completed any necessary steps. The typical workday takes place in an office setting during regular business hours. The opportunity to work from h…Read more
Senior Benefits Analyst Tasks
- Ensure benefit plans are administered according to plan provisions and company's regulatory guidelines.
- Work with insurance carriers to resolve issues regarding eligibility and claims.
- Provide ongoing analysis on trends, legislative changes and best practices within the benefits field.
- Participate in cross-departmental budget review for benefit plans.
- Formulate solutions to solve needs regarding benefits.
Popular Employer Salaries for Senior Benefits Analyst
The top respondents for the job title Senior Benefits Analyst are from the companies Marsh & Mclennan Companies Inc, Mercer LLC and Willis Towers Watson. Reported salaries are highest at Hub International, Inc. where the average pay is $74,000. Other companies that offer high salaries for this role include Willis Towers Watson and Towers Watson, earning around $71,000 and $66,466, respectively. Hays Companies pays the lowest at around $58,500. Mercer LLC and Lockton Companies, Inc. also pay on the lower end of the scale, paying $59,923 and $61,816, respectively.
Explore the most common career paths for Senior Benefits Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Senior Benefits Analyst
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Senior Benefits Analyst Job Listings
Popular Skills for Senior Benefits Analyst
Benefits & Compensation
Skills in Benefits Administration, Data Analysis, Benefits & Compensation and Microsoft Office are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Excel.
Pay by Experience Level for Senior Benefits Analyst
An early career Senior Benefits Analyst with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $63,121 based on 97 salaries. A mid-career Senior Benefits Analyst with 5-9 years of experience earns an average total compensation of $70,196 based on 139 salaries. An experienced Senior Benefits Analyst with 10-19 years of experience earns an average total compensation of $74,099 based on 196 salaries. In their late career (20 years and higher), employees earn an average total compensation of $76,475.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Senior Benefits Analyst in their job title in Los Angeles, California earn an average of 19.5% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (3.0% more) and San Francisco, California (1.7% more). The lowest salaries can be found in Washington, District of Columbia (8.4% less), Atlanta, Georgia (5.6% less) and Dallas, Texas (4.1% less).
Years of Experience
This data is based on 516 survey responses.
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