A benefits analyst is responsible for organizing and examining a company’s employee records in relation to their benefits, and provide employees with appropriate information about their benefits when requested. A benefits analyst must also verify an employee’s claims in relation to sick leaves, as well as various other acts conducted by the employee that directly affect the company’s performance and their own personal benefits. A benefits analyst is also tasked with maintaining employee records properly, making sure everything is in an organized and easily accessible manner.
A benefits analyst will usually need some formal education to qualify for the job – a Bachelor’s degree in finances or economics is preferable in most cases. In some cases, employers may actually require a Doctoral degree in one of these fields if the company handles too many employees with more sensitive information. Strong analytic skills are a must, as benefits analysts frequently sift through large databases of information trying to make connections between specific elements. Benefits analysts must also be able to correctly assess an employee’s statements about their actions and determine their eligibility for compensations and bonuses where applicable.
Benefits analysts earn an average of $40,000 – $55,000 per year, with the median salary being around $47,600 for 2009. The higher-paying benefits analysts are able to make as much as $60,000/year, depending on their experience and place of employment.