Senior Benefits Analyst

8901 - Corp Office West Crk - 12800 Tuckahoe Creek Parkway, Richmond, Virginia, 23238 CarMax, the way your career should be!

Position Overview As a Senior Benefits Analyst, Horizontal Support, you will independently manage complex projects, analyze data, and assess program performance to identify trends, efficiencies, and opportunities that elevate the associate experience. You will apply industry best practices and emerging technologies—including AI-enabled insights—to recommend process enhancements, support program owners and vendors, and strengthen governance across the Benefits portfolio. Operating with minimal oversight, you will build business cases, develop reporting, and uncover insights that drive continuous improvement while ensuring people-first program delivery.

Team Overview This role serves as a Senior Analyst on the Benefits team, providing cross-functional support across Health, Wellness, and Financial benefit programs. You will evaluate program interdependencies, use advanced analytical methods to uncover insights, build strong partnerships with program owners and vendors, and help shape future-focused Benefits initiatives. You will also guide work performed by supporting analysts and influence change through improved processes, technology usage, and program recommendations.

Role Responsibilities

• Lead cross-functional Benefits projects focused on operational efficiency, data-driven decisions, and continuous improvement.

• Develop KPIs and reporting to analyze enrollment, utilization, and associate behaviors; convert insights into program recommendations.

• Identify operational gaps and propose scalable process improvements across the Benefits portfolio.

• Partner with program owners and vendors to support governance and compliance, develop business cases, and ensure high-quality delivery.

• Apply analytical and technological approaches to enhance accuracy, streamline workflows, and improve associate engagement.

• Support the resolution of complex associate issues and contribute to clear, effective communications and education for assigned benefit programs.

• Build strong relationships across Benefits, Payroll, Legal, Finance or Treasury, Technology, HR operations, and vendor partners to align priorities and support execution.

• Review vendor performance against contractual requirements, service expectations, and performance guarantees, escalating issues and driving corrective action as needed.

• Operate with minimal oversight, managing multiple priorities and completing additional duties as assigned.

Required Qualifications

• 3+ years of experience in benefits administration, benefits analysis, data analytics, project management, or related work supporting complex programs, with experience leading cross-functional initiatives.

• Proven ability to manage projects independently, analyze complex data sets, and translate insights into strategic recommendations.

• Strong customer-service mindset, delivering value-added recommendations and honoring commitments.

• Uses advanced analytical and quantitative methods to evaluate programs, policies, and processes and identify improvements.

• Demonstrates strong planning, execution, and organizational skills, effectively managing multiple priorities in fast-paced environments.

• Communicates clearly through verbal, written, and visual formats, promoting ideas confidently while maintaining confidentiality.

• Builds effective working relationships, contributes to team goals, mentors others, and leverages Microsoft Office Suite.

Preferred Qualifications

• Bachelor’s degree or certifications such as CEBS, PPMC, or CAP.

Work Location and Arrangement: This role will be based out of the CarMax Home Office in Richmond, VA and Associates will work onsite 4 days per week.

Work Authorization:  Applicants must be currently authorized to work in the United States on a full-time basis. Sponsorship will not be considered for this specific role.

About CarMax

At CarMax, we revolutionized the used car buying experience over 30 years ago by introducing transparency and integrity into the process. Our commitment to customer experience, innovation, and community has made us the nation’s largest used car retailer. With over 250 store locations and over 30,000 associates, we are proud to have been recognized as one of the Fortune 100 Best Companies to Work For® and are committed to helping our communities thrive.

As an associate, you are part of an innovative movement to empower the modern customer and drive progress. Your work fuels change—sparking ideas, overcoming challenges, and shaping what’s next. Join us in creating a better future– for our company, our customers, and the communities we call home.

CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law.

The annual salary for this position is: $82,200.00 - $123,300.00May be eligible for bonus and equity.

Benefits:

Except as otherwise required by state law, CarMax Associates are entitled to the following paid sick, vacation, and holiday time.

Associates that are considered full-time hourly or commission/incentive eligible:

• To earn up to 48 hours of sick time per year accrued on a per pay period basis and between 80 hours and 200 hours per year of vacation time after a 90 day waiting period depending on years of continuous service with the Company.
• For 8 hours of pay for each of a total of 6 paid scheduled holidays per year plus 1 floating holiday. If such an Associate does work on a scheduled holiday due to business need, they are eligible for Holiday Premium Pay.

Associates considered full-time salaried are entitled to paid time away with no specified limit as needed for sick, vacation, bereavement, jury duty, holidays, floating holiday, etc. subject to manager approval.

For more details about benefits, please visit our CarMax Benefits website. Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application.