What Do Benefits Analysts Do?
Wondering what the job is really like for benefits analysts?
You've come to the right place.
Keep reading to find detailed information about what benefits analysts do, including the type of work they are tasked with on a daily basis, industries in which they work, and the specific skills needed for a successful career.
Benefits Analysts Overview & Description
Let's get started with the basics about benefits analysts by taking a look at a simple description and popular job titles.
Benefits Analysts conduct programs of compensation and benefits and job analysis for employer. May specialize in specific areas, such as position classification and pension programs.
Popular Job Titles For Benefits Analysts
Sample of Reported Job Titles
- Compensation Analysts
- Benefit Specialists
- Benefits Analysts
- Benefits Administrators
- Benefits Coordinators
- Payroll and Benefits Specialists
- Benefits Specialists
- Retirement Plan Specialists
- Compensation Specialists
- Compensation Consultants
- Lawn Care Specialists
- Benefits Representatives
Read on for insight into the industries where the highest concentration of jobs for benefits analysts can be found.
Best Industries for Benefits Analysts
Benefits Analysts Jobs By Industry
- Agencies, Brokerages, and Other Insurance Related Activities: 15.3%
- Management of Companies and Enterprises: 12.6%
- Local Government, Excluding Education and Hospitals: 7.4%
- Management, Scientific, and Technical Consulting Services: 7%
- State Government, Excluding Education and Hospitals: 6.2%
- Insurance Carriers: 4.5%
- Other: 47%
When it comes to jobs in the United States, the largest single category of benefits analysts can be found working in the Agencies, Brokerages, and Other Insurance Related Activities sector. In 2023, about 15.3% of all jobs for benefits analysts were found there.
Other top industries by percentage include Management of Companies and Enterprises (12.6%), Local Government, Excluding Education and Hospitals (7.4%), Management, Scientific, and Technical Consulting Services (7%), State Government, Excluding Education and Hospitals (6.2%) and Insurance Carriers (4.5%).
Top Online College For Working Adults
Franklin University is a top choice for adults who need to balance school with busy lives. Founded in 1902 in Columbus, Ohio, Franklin's main focus has been serving adult students and tailoring education to fit their needs. Nonprofit and accredited by the Higher Learning Commission (hlcommission.org/800.621.7440), Franklin offers more than 50 affordable bachelor's, master's, and doctoral programs — all available 100% online.
Degree Options for Benefits Analysts
Find ways to attract, train, and retain the very best talent by implementing effective benefits and labor-relations strategies.
- Class Type: 100% online
- Cost Per Credit: $398
- Accreditation: IACBE
- Class Type: 100% online
- Years To Complete: 3
Learn the strategic skills needed to be a leader in the evolving field of Human Resources.
- Class Type: 100% online
- Months To Complete: 14
- Accreditation: IACBE
- Placement Tests: GMAT/GRE not required for admission
What Do Benefits Analysts Do on a Daily Basis?
So you have a high-level understanding of what benefits analysts do and the types of industries in which they work - but what do they really do each day?
A great way to understand the type of work benefits analysts do is to examine actual job postings and focus on the specific skills that employers are seeking. That will help paint a clearer picture of the tasks that benefits analysts tackle each day.
Continue reading for a breakdown of specialized skills found in job postings for benefits analysts, as well as common skills - interpersonal qualities and attributes - that can help you thrive in the workplace.
In-Demand Skills for Today's Benefits Analysts
Based on 109,906 job postings
Top 5 Specialized Skills for Benefits Analysts
| Skills | Postings | % of Total Postings |
|---|---|---|
| Auditing | 13,860 | 13% |
| Finance | 9,100 | 8% |
| Accounting | 8,902 | 8% |
| Human Resources Information System (HRIS) | 8,472 | 8% |
| Project Management | 7,456 | 7% |
Top 5 Common Skills for Benefits Analysts
| Skills | Postings | % of Total Postings |
|---|---|---|
| Communication | 37,610 | 34% |
| Customer Service | 28,086 | 26% |
| Management | 22,937 | 21% |
| Detail Oriented | 20,106 | 18% |
| Microsoft Excel | 19,130 | 17% |
Based on 109,906 job postings related to benefits analysts, auditing was the top specialized skill sought by employers, with 13% of all postings looking for that skillset. Skills for finance, accounting, human resources information system (hris), project management and compensation analysis were also highly sought.
As for common skills, communication was the most desired skill found in job postings for benefits analysts, followed by customer service, management, detail oriented, microsoft excel and problem solving.
| Skill | Postings | % of Total Postings |
|---|---|---|
| Auditing | 13,860 | 13% |
| Finance | 9,100 | 8% |
| Accounting | 8,902 | 8% |
| Human Resources Information System (HRIS) | 8,472 | 8% |
| Project Management | 7,456 | 7% |
| Compensation Analysis | 7,309 | 7% |
| Benefits Enrollment Processes | 6,794 | 6% |
| Billing | 6,490 | 6% |
| Data Analysis | 6,290 | 6% |
| Benefits Administration | 5,503 | 5% |
| Process Improvement | 5,298 | 5% |
| Marketing | 5,104 | 5% |
| Invoicing | 3,871 | 4% |
| Workflow Management | 3,835 | 3% |
| Data Entry | 3,818 | 3% |
| Workday (Software) | 3,814 | 3% |
| Case Management | 2,954 | 3% |
| Social Work | 2,896 | 3% |
| Administrative Support | 2,853 | 3% |
| Continuous Improvement Process | 2,758 | 3% |
| Skill | Postings | % of Total Postings |
|---|---|---|
| Communication | 37,610 | 34% |
| Customer Service | 28,086 | 26% |
| Management | 22,937 | 21% |
| Detail Oriented | 20,106 | 18% |
| Microsoft Excel | 19,130 | 17% |
| Problem Solving | 17,161 | 16% |
| Writing | 14,318 | 13% |
| Microsoft Office | 13,973 | 13% |
| Research | 12,986 | 12% |
| Sales | 12,978 | 12% |
| Operations | 12,276 | 11% |
| Leadership | 11,427 | 10% |
| Interpersonal Communications | 10,505 | 10% |
| Microsoft PowerPoint | 9,701 | 9% |
| Organizational Skills | 9,585 | 9% |
| Presentations | 9,359 | 9% |
| Time Management | 8,626 | 8% |
| Multitasking | 8,474 | 8% |
| Coordinating | 8,452 | 8% |
| Planning | 8,421 | 8% |
Most In-Demand Jobs for Benefits Analysts
Top 5 Posted Job Titles
| Job Title | Postings | % of Total Postings |
|---|---|---|
| Compensation Analysts | 12,608 | 19.8% |
| Benefit Specialists | 8,069 | 12.7% |
| Benefits Analysts | 5,210 | 8.2% |
| Benefits Administrators | 3,040 | 4.8% |
| Benefits Coordinators | 3,771 | 5.9% |
According to job postings that were published between September 2022 and August 2023, the top job sought by employers was compensation analysts, with 5,993 unique job postings. Benefit specialists were second, with 2,428 postings, followed by benefits analysts, benefits administrators and benefits coordinators.
Expand the section below to see unique job postings for all occupations related to benefits analysts.
| Job Title | Postings | % of Total Postings |
|---|---|---|
| Compensation Analysts | 12,608 | 19.8% |
| Benefit Specialists | 8,069 | 12.7% |
| Benefits Analysts | 5,210 | 8.2% |
| Benefits Administrators | 3,040 | 4.8% |
| Benefits Coordinators | 3,771 | 5.9% |
| Payroll and Benefits Specialists | 3,251 | 5.1% |
| Benefits Specialists | 3,031 | 4.8% |
| Retirement Plan Specialists | 2,601 | 4.1% |
| Compensation Specialists | 2,498 | 3.9% |
| Compensation Consultants | 2,015 | 3.2% |
| Lawn Care Specialists | 4,384 | 6.9% |
| Benefits Representatives | 1,586 | 2.5% |
| Benefits Advisors | 1,943 | 3.1% |
| Total Rewards Analysts | 1,309 | 2.1% |
| Service Technicians | 1,823 | 2.9% |
| Workers' Compensation Claims Specialists | 1,543 | 2.4% |
| Benefits Consultants | 1,213 | 1.9% |
| Sales Compensation Analysts | 1,045 | 1.6% |
| Workers' Compensation Specialists | 1,525 | 2.4% |
| Patient Benefits Specialists | 1,140 | 1.8% |
Additional Links
Ready to dig deeper into career information for benefits analysts? Visit our other pages focused on salary and education for benefits analysts.
How much do benefits analysts make?
Benefits Analysts: How do you become one?
All Occupations
The Best Adult Colleges and Careers Guide has compiled data for dozens of in-demand jobs. Explore our full catalog of occupation data by visiting the link below.