Healthcare Labor Strategy Senior Analyst

JOB DESCRIPTION

Position Summary:
Implement long-term health and welfare benefit plan strategy for benefit plans for associates represented by collective bargaining agreements. Develop financial reports/analysis of the Taft Hartley benefit plans. Provide health care financial modeling support to labor negotiation teams throughout collective bargaining process. Develop support data including development and maintenance of the Taft Hartley database. Role model and demonstrate the company's core values of respect, honesty, integrity, diversity, inclusion and safety of others.

RESPONSIBILITIES

Essential Job Functions:
• Develop company health care financial reports used to analyze the results of CBA's and associated benefits costs for union associate groups and their impact to the overall labor strategy.
• Create reporting and conduct analysis of Taft Hartley benefit plans' enrollment, cost and utilization data.
• Develop/maintain the Taft Hartley benefit database including management reports and vendor data supporting the system as an integral part of managing the labor strategy and future Fund management.
• Develop baseline cost data, models and gap analysis used to prepare /conduct health care labor contract negotiations.
• Provide support to the negotiations team during negotiation process on all related to health care/ general benefits costing.
• Develop educational materials for the company labor negotiators, Taft Hartley plan trustees and HR Leaders on benefit trends from industry and completed/ratified labor contracts.
• Act as a resource to the company trustees of Taft Hartley plans and assists them in managing Fund assets.
• Assist the General Office/Division communication group in communicating benefit plans and labor strategy to associates throughout labor negotiation process.
• Assist Trustees in calculating employee rates for effected Funds annually.
• Analyze plan utilization data, investigate trends and project plan costs of the Taft Hartley plans.
• Work with Corporate Benefits Health Care (CBHC) team and the HRSSC to manage UPHW data, analyze and recommend Fund Payments.
• Work with CBHC team in the analysis of the data used for the Taft Hartley Personal Benefit Statements.
• Develop annual health care benefits costs data to determine financial trends and projected budget. Provide and review information with Corporate Benefits and Accounting.
• Work with Manager, Corporate Finance to create annual accrual rates for non-consolidated, collectively bargained groups in the company plan.
• Must be able to perform the essential functions of the position with or without reasonable accommodation

Desired Previous Job Experience
• 5 yrs. of experience in health and welfare benefit plan management and administration
• Bachelor's Degree Business Administration /Finance
• 5 yrs. healthcare underwriting experience
• 5 yrs. Taft-Hartley collective bargaining exp.
• 5 yrs. in health care plan industry
Minimum Position Qualifications:
• 3 yrs. exp. interpreting/applying healthcare data, design platforms and ACA compliancy
• Excellent mathematical skills related to health care underwriting concepts
• Excellent analytical and problem solving skills
• Excellent attention to detail and follow through skills
• Excellent communication skills, ability to deliver formal presentations
• Proven ability to influence/persuade others
• Strong ability to handle highly confidential and sensitive information
• Expert computer skills specifically with Excel and Access
• Ability to travel independently (<15%)