Business Analyst - Health and Welfare

Job Description: The Role Product Support: Health and Welfare (H&W) Product Support and Deployment serves as a primary point of contact supporting the H&W Practice and Product Support team. This role focuses on the H&W benefits administration product offering owning deployment, education, documentation, and communication for product capabilities developed by the development squads. The individual will work along-side H&W Accounts squads to document new features, educate client facing and support associates about client fit/features, and preferred setup of the offering. This associate will also help develop reporting to monitor the health of the product and provide analysis and feedback to the Product roadmap and the development teams/squads to strive to continuously improve our offerings. The Team This team is the face of H&W to Fidelity associates, promoting education and the range of product capabilities and practices that we support. We rollout and support new product features and capabilities to ensure appropriate client adoption, field questions from Sales, Client Services, and Operations teams, and measure the health of our product offering to improve the customer and associate experience. The Expertise and Skills You Have H&W experience familiarity with outsourced benefits administration for health-related coverages (e.g., medical, dental, vision) and welfare-related plans (e.g., life, disability), as well as account-based plans (e.g., HSA, FSA), including the allowable changes to benefit elections based on status changes and other qualifying life events. Insurance industry familiarity with H&W insurance carriers and their data requirements from benefits administrators, as well as general knowledge of ERISA, HIPAA and the regulatory environment Customer focus approaches all assignments from the customer s perspective; our external customers are Plan Sponsors, benefits-eligible Participants (employees) and their eligible dependents.u00A0 Out internal customers are representatives from Sales, Relationship Management, Client Services, and Operations. CEBS, FLMI, HIAA or similar benefits administration certification is highly desirable. The Skills You Bring Requires a solid understanding of H&W benefits, the supporting ecosystem, and the regulatory environment. An appreciation for the strategic direction of both clients and customers, how the capabilities of the Fidelity H&W offering work, and a general sense of how competitors position their offering against ours. Must be customer-focused and service-oriented in a very rapid pace environment. Must be able to successfully navigate an ambiguous environment and manage your time effectively with multiple significant priorities. Exhibit excellent people skills, influence, and tact across multiple and diverse business groups. Be open to coaching and accept feedback in all aspects of the role and execution. Must have a mindset that u201Cowns the outcomeu201D by working collaboratively with all customers and stakeholders to ensure an excellent end-to-end outcome. Exhibit excellent communications, analytic and problem-solving skills keeping the customer at the front of your analysis and solution development. Deep knowledge of client fit and the u201Cwhyu201D behind our product capabilities to help client-facing teams understand how to position our offering or key features with clients and to help clients understand how our offering can help seek their business needs. Experience handling production issues or service recovery situations to ensure timely communication and resolution. Experience in client-facing situations as we could potentially get involved in service issues or feature adoption discussions with certain strategic or u201Cat risku201D clients. The Value You Deliver Serving as the primary point of support and subject matter authoritative for internal associates on our H&W offering by providing day-to-day product support, answering product questions, and maintaining product support resources and deploying new features. Communicating product standards to the organization and executing dynamic management processes to ensure solutions are sold to and accepted by clients in a way that can be effectively supported by the client service teams. Influencing and providing product expertise for communications and training materials to support products throughout their lifecycles. Coordinating data collection and analysis of H&W product effectiveness Measuring and monitoring current H&W product capabilities and assessing trends to provide feedback to the Product roadmap and development process Driving product feedback discussions/recommendations from clients and internal associates Developing and implementing improvements to address process gaps. Certifications: Company Overview Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients money. Join Us At Fidelity, you ll find endless opportunities to build a meaningful career that positively impacts peoples lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees Choice Award , we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don t need a finance background to succeed at Fidelityu2014we offer a range of opportunities for learning so you can build the career you ve always imagined. Fidelity s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite all business days of every other week in a Fidelity office. At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry . Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document , and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine. We invite you to Find Your Fidelity at . Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging. Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations .