Benefits Analyst at Sleep Number

Company Overview

Sleep Number is a sleep wellness technology leader. For nearly four decades, we have placed sleep at the center of wellbeing, improving over 15 million lives with our Sleep Number smart beds. We are guided by our purpose – to improve the health and wellbeing of society through higher quality sleep. This is exemplified through our 4,000+ mission-driven team members who passionately innovate to drive value creation through our vertically integrated business model, owning the process from start to finish, including selling in our over 650 stores nationwide.

Our team members are encouraged to bring their whole selves to work, sharing their unique perspectives, backgrounds and skills with Sleep Number every day. Whether you are entering, returning or experienced in the workforce, we have a place for you. We hope you join us in creating the future through higher quality sleep.

Position Purpose

As a Benefits Analyst you will be responsible for the administration, evaluation and optimization of Sleep Number’s health and welfare benefit and wellness programs, ensuring they are competitive, cost-effective and complaint with legal and regulatory requirements.  The Benefits Analyst works as part of a highly collaborative functions, and act as a liaison between team members, internal partners, and vendors on administration of programs and processes.  Partner with the Sr. Benefits Manager, Human Resources partners and key stakeholders to support strategic benefit-related decisions.

Primary Responsibilities 

• Owns day-to-day administration of Sleep Number's benefits programs, including health, dental, vision, life insurance, disability, retirement and wellness benefits.
• Provides guidance and support to people leaders and employees addressing complex benefits inquiries, troubleshooting issues related to enrollment, coverage, claims and other related matters.
• Ensures that the organization’s benefits programs comply with federal, state and local regulations (e.g., ERISA, HIPPA, ACA, COBRA).
• Partners with vendors to analyze benefit plan designs to assess their effectiveness and competitiveness in the marketplace.
• Develops and distributes communications to team members regarding benefit programs, including open enrollment materials, plan summaries and updates.
• Maintains accurate records of employee benefits data, ensuring confidentiality and security.
• Works with HR Operations partners to ensure Workday configuration is optimal for benefits management, including testing and troubleshooting.   
• Acts as a subject matter expert to the HR Service Center to resolve escalated benefit inquiries from team members. 
• Performs audits to ensure data and billing integrity, ensure findings are resolved and communicated to key stakeholders 

Experience, Education & Certifications

• 3+ years of experience in benefits administration or human resources
• B.A. or B.S. degree in business or human resources preferred or equivalent combination of education and work experience

Knowledge, Skills & Abilities  

• Proficient in Microsoft Office 
• Familiarity with HRIS/Benefits systems  
• Understanding of benefits-related laws and regulations (e.g., FMLA, ADA, ACA, ERISA, COBRA, etc…)
• Excellent organizational and time-management skills, with the ability to manage multiple tasks and meet deadlines.
• Strong analytical and problem solving skills.
• Effective communication skills, with the ability to explain complex benefits information clearly to employees with a high level of empathy

Working Conditions:  

• This position is based at Sleep Number’s Minneapolis headquarters and provides a flexible hybrid work environment, with somerequired days in the office #PIQ

Wellbeing

Wellbeing is more than a catchphrase - it's a movement that permeates our company and through our team members. We are dedicated to enhancing and supporting the wellbeing of our team members and their families through benefits, programs, and resources across our five wellbeing pillars of emotional, financial, career, community, and physical health, with sleep at the center.

By joining our team, in addition to offering competitive pay programs, we are proud to offer eligible team members an extensive benefits package including, but not limited to medical and pharmacy benefits, dental, life and disability insurance, a matched 401(k) Plan, paid time off, and much more.

Safety

Safety is a top priority for Sleep Number supporting customers and team members wellbeing. COVID-19 Precaution(s) are in place consistent with CDC guidelines, U.S. Department of Labor’s Occupational Health & Safety Administration (OSHA), and state/local laws.

EEO Statement

Sleep Number is an equal opportunity employer. We are committed to recruiting, hiring and promoting qualified people and prohibit discrimination based on race, color, marital status, religion, sex (including gender, gender identity, gender expression, transgender status, pregnancy, childbirth, and medical conditions related to pregnancy or childbirth), sexual orientation, age, national origin or ancestry, citizenship status, physical or mental disability, genetic information (including testing and characteristics), veteran status, uniformed servicemember status or any other status protected by federal, state, or local law.

Americans with Disabilities Act (ADA)

It is Sleep Number’s policy to provide reasonable accommodations to qualified individuals with disabilities during the application process, consistent with applicable law. We may require supporting medical or religious documentation where applicable and permissible by law. If you are a qualified individual, you may request a reasonable accommodation at any time during the selection process, including if you are unable or otherwise limited in your ability to access open roles here.

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