Global Benefits Financial Analyst I
Latham & Watkins
IT, Accounting & Finance
Boston, MA, USA
Posted on Tuesday, October 24, 2023
About Latham & Watkins
Latham & Watkins is a global law firm consistently ranked among the top firms in the world. The success of our firm is largely determined by our commitment to hire and develop the very best and brightest, creating a team that provides our clients with the highest quality of work and service. We are driven by our core values: respect, innovation, and collaboration.
About The Role
The Global Benefits Financial Analyst I is an integral part of Latham’s Well-Being & Benefits team. This role will be responsible for collecting and preparing reporting data related to ongoing Global Benefits projects, programs, and plans, and will maintain and build relationships with brokers, third party administrators, and insurance carriers for the firm, while collecting and preparing utilization and financial data both regularly and on an ad hoc basis from various sources and software for use in various department reports, ensuring reports are relevant and timely. This role will be located in either our New York or Boston office. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.
Responsibilities & Qualifications
Other key responsibilities include:
Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment, but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Latham’s comprehensive benefit program which includes:
Please click here to view the full job description for this role .
Latham & Watkins is committed to diversity, equal opportunity, sustainability, and pro bono legal services. We draw from a remarkable wealth of talent to create one of the world's leading law firms, and advance these commitments through the work of our Global Citizenship department. Our lawyers, paralegals, and professional staff worldwide comprise a rich mixture of different races, ethnic backgrounds, religions, sexual orientations, cultures, and primary languages. Our diversity makes us who we are.
Please click here to review your rights under U.S. employment laws.
Pay Range
USD $65,000.00 - USD $75,000.00 /Yr.
Latham & Watkins is a global law firm consistently ranked among the top firms in the world. The success of our firm is largely determined by our commitment to hire and develop the very best and brightest, creating a team that provides our clients with the highest quality of work and service. We are driven by our core values: respect, innovation, and collaboration.
About The Role
The Global Benefits Financial Analyst I is an integral part of Latham’s Well-Being & Benefits team. This role will be responsible for collecting and preparing reporting data related to ongoing Global Benefits projects, programs, and plans, and will maintain and build relationships with brokers, third party administrators, and insurance carriers for the firm, while collecting and preparing utilization and financial data both regularly and on an ad hoc basis from various sources and software for use in various department reports, ensuring reports are relevant and timely. This role will be located in either our New York or Boston office. Please note that this role may be eligible for a flexible working schedule that allows for a hybrid and in-office presence.
Responsibilities & Qualifications
Other key responsibilities include:
- Preparing regulatory filings; ensuring accurate and timely filing and reporting
- Reconciling and processing benefit program payments
- Analyzing and reconciling various benefit accounts and processes by researching and identifying errors in account postings and/or invoices
- Assisting with special projects as needed, including the preparation and presentation of information in Excel and PowerPoint
- Assisting the Global Benefits Finance Manager with research on various areas of the firm’s benefit program including reviewing premium payments, tracking benefits costs, and analyzing claim trends
- Demonstrate knowledge of accounting principles, general ledger, budgeting, and budget variance analysis
- Possess knowledge of benefits practices and administration
- Display well-developed and professional interpersonal skills, as well as the ability to interact effectively with people at all organizational levels of the firm
- Ability to handle confidential and highly sensitive data with the appropriate discretion; will be trained on HIPAA and all things data privacy
- A college degree, preferably with a concentration in an analytical area of study (finance, accounting, economics, or mathematics)
- A minimum of one (1) year of related financial analysis and/or a minimum of two (2) years of employee benefits administration experience
Successful candidates will not only be provided with an outstanding career opportunity and welcoming environment, but will also be provided with a generous total compensation package with bonuses awarded in recognition of both individual and firm performance. Eligible employees can participate in Latham’s comprehensive benefit program which includes:
- Healthcare, life and disability insurance
- A generous 401k plan
- At least 11 paid holidays per year, and a PTO program that accrues 23 days during the first year of employment and grows with tenure
- Well-being programs (e.g. mental health services, mindfulness and resiliency, medical resources, well-being events, and more)
- Professional Development programs
- Employee discounts
- And more!
Please click here to view the full job description for this role .
Latham & Watkins is committed to diversity, equal opportunity, sustainability, and pro bono legal services. We draw from a remarkable wealth of talent to create one of the world's leading law firms, and advance these commitments through the work of our Global Citizenship department. Our lawyers, paralegals, and professional staff worldwide comprise a rich mixture of different races, ethnic backgrounds, religions, sexual orientations, cultures, and primary languages. Our diversity makes us who we are.
Please click here to review your rights under U.S. employment laws.
Pay Range
USD $65,000.00 - USD $75,000.00 /Yr.