Benefits Analyst

Build Your Career with Milbank!

Milbank is a premier international law firm handling high-profile, complex cases and business transactions through 11 offices worldwide. Our offices work together on an integrated basis, giving us an extraordinary global presence and allowing us to serve a client base that includes the world's leading companies and financial institutions. Milbank is internationally recognized as a leader in major corporate/finance transactions (such as M&A, structured finance, banking, capital markets and project and transportation finance), litigation (including complex commercial, intellectual property, securities and white collar), financial restructuring, and trusts and estates.

About the Role

We are seeking a motivated and collaborative professional to join our team. As a Benefits Analyst, you will be responsible for supporting the administration and delivery of the Firm's health, retirement, leave, and wellbeing programs.  

This role focuses on benefits operations, compliance, vendor management, financial administration, employee support and program communications. Works closely with the Benefits Manager and Director of Benefits & Compensation using data analytics to improve programs and processes. This role supports employees across a broad portfolio of benefit and leave programs. Key areas include benefits administration, open enrollment, audits, reporting, vendor coordination, financial reconciliation, employee communications, benefits content and systems support.

Success in this role requires strong communication and collaboration, a proactive and adaptable approach, positive working relationships, and a commitment to exceptional results.

This position offers an opportunity to make a meaningful impact and grow within a dynamic and fast-paced environment.

What You'll Do

• Serve as primary contact for employee benefits inquiries
• Process benefits elections and enrollment changes in Workday.
• Reconcile enrollment data and process all health and welfare vendor invoices.
• Provides data to benefits and COBRA administrators.
• Audit benefits data and Workday transactions for accuracy.
• Prepare monthly benefits reconciliation reports for Finance.
• Review vendor error reports and coordinate required Workday updates.
• Support Workday benefits testing and the annual open enrollment process.
• Troubleshoot benefits-related Workday issues through resolution.
• Coordinate wellbeing events, pop-up clinic events, and flu vaccination programs.
• Support compliance with the ACA, ERISA, HIPAA, FMLA, ADA and other applicable benefit laws and policies.
• Provide back-up support for leave administration, including statutory sick leave, FMLA, short- and long-term disability, ADA accommodations, workers’ compensation Firm-approved leaves.
• Perform other related responsibilities as assigned.

What We're Looking For

• Bachelor’s degree in Human Resources, Finance, Business, or a related field preferred.
• 3-5 years of progressive benefits administration experience.
• Hands-on experience administering health and welfare, retirement, leave, disability, and wellbeing programs.
• Experience with benefits operations, invoice reconciliation, compliance activities and open enrollment.
• Advanced proficiency in Excel and working knowledge of Word and HRIS platforms; Workday experience preferred.
• Experience with self-funded health required.
• Strong analytical, organizational, problem-solving, and time-management skills.
• Clear written and verbal communication skills.
• Sound judgment, discretion, accuracy, and a strong commitment to employee service.
• Ability to manage multiple priorities and follow assignments through completion.
• Experience in a professional services environment preferred.
• Flexibility to work overtime as needed.

Why Join Us?

Our collaborative culture encourages knowledge sharing, professional growth, and partnership across teams. Employees can work alongside experienced professionals, contribute to meaningful initiatives, and make an impact in a dynamic and client-focused environment. If you're looking for a workplace where you can grow professionally, build strong relationships, and make a meaningful impact, we'd love to hear from you.

Our Benefits Include

• Health, dental, and vision insurance
• Retirement savings plan
• Paid time off and holidays
• Professional development opportunities
• Employee assistance and wellness programs
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Compensation

The anticipated base salary range offered for this role will be between $85,000-$100,000 and represents the firm's good faith and reasonable estimate of the base compensation range. Actual base compensation will depend upon several factors, including but not limited to the candidate's relevant experience, performance, qualifications, degrees, and location as well as the needs of the firm.

We look forward to learning more about you!