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Fidelity Investments
Merrimack, New Hampshire, United States
(on-site)
Posted
15 hours ago
Fidelity Investments
Merrimack, New Hampshire, United States
(on-site)
Health and Welfare Business Analyst - Benefit Implementations
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Health and Welfare Business Analyst - Benefit Implementations
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Job Description:Health & Welfare Business Analyst - Implementations
The Role
The Senior Business Analyst (BA) will utilize their consulting, analysis, and domain skills to provide the best outcomes for our client, their participants and Fidelity. You will join a team of passionate Health and Welfare professionals committed to crafting business requirements that are crucial to our ability to serve as a directed record keeper for our plan sponsors. You will serve as requirements expert and are responsible for providing all business analysis support for client advised projects to ensure that the systems are functioning according to the detailed business requirements.
The Health & Welfare Business Analyst is a key member of the Health & Welfare (HW) Center of Excellence Implementation and Migration team that services Fidelity clients. The role provides for the ability to work in a growing Health & Welfare offering, access to scalable technology while continually enhancing your knowledge of the Health & Welfare benefits administration landscape.
Expertise and Skills you Bring
- Bachelor's degree or equivalent years of industry experience
- 3+ years of Health and Welfare benefits service experience with an
- Understanding of benefits administration system
- Prior client implementation andor platform migration experience a plus
- Proficient with Microsoft Office applications - medium Excel knowledge including VLOOKUP experience.
- Ability to independently manage one's own workload
- The ability to critically analyze complex business requirements/product issues
- Regulatory and legislative knowledge in aligned service area
- Demonstrates excellent communication skills (written and verbal)
- Ability to conduct analysis and document findings
- Procedure execution and process improvement
- Align, plan, and execute new product capability delivery with in-flight implementation while driving/ supporting execution of key activities (example: data conversion load).
- Participate in validation and/or testing efforts to ensure results meet the client and/or product offering requirements
- Partnering with the Director- Client HealthCare Consulting to define client specific configurable variations to support a client plan and/or administrative requirements
- Performing root cause analysis to determine gaps or trends for continuous improvement opportunities
- Submitting requests and/or assisting with translation of business requirements to technology partners, as applicable
- Creating training material and reference material for participant services
- Assisting and coaching the broader virtual team
- Engaging in and/or leading ongoing courses to support continued personal development
In addition to the above, the Center of Excellence (COE) requires skills in the following area:
Client Requirements Documentation
- Review client provided documents and the Information Requirements Checklist (IRC) and/or Plan Administration Manual (PAM)/Status Change Matrix (SCM) and complete the Client Requirements Tool with the clients plan rules
- Document gaps for the Client HealthCare Consultant to follow up on
- Provide support to Client HealthCare Consultant on Requirements Workshop call
Note: Fidelity is not providing immigration sponsorship for this position
The Team
Fidelity's healthcare administrative services are backed by the service, trust, and experience that have helped Fidelity become America's Retirement Leader. With over 20 years of experience in Health & Welfare administration, we are utilizing our experience to bring health and wealth together to drive better outcomes for our clients. In this role, you will be uniquely positioned to deliver the service to achieve those goals.
Certifications:
Category:
Business Analysis
Most roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles. Some roles may have unique onsite requirements. Please consult with your recruiter for the specific expectations for this position.
Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
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Job ID: 83041472
Founded over 60 years ago, we are the most trusted provider of lifelong financial solutions. Fidelity's people and values are the driving force behind
our business success. Fidelity provides you with a valuable program of benefits, representing some of the most competitive in the industry.
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