Benefits Specialist
2 months ago
The Benefits Specialist is responsible for administering and managing employee benefits programs, ensuring compliance with legal regulations, and providing support to employees regarding benefits-related inquiries. The role involves coordinating with vendors, managing enrollment processes, and analyzing benefits data to optimize the benefits offerings of the organization.
Responsibilities:
- Administer various employee benefits programs such as health insurance, dental and vision plans, life insurance, short and long-term disability, and retirement plans.
- Manage benefits enrollment and termination processes, ensuring accurate and timely updates to employee records.
- Coordinate with insurance providers and third-party administrators to resolve issues and ensure effective service delivery.
- Ensure compliance with federal and state regulations, including ERISA, COBRA, HIPAA, FMLA, and ACA.
- Prepare and submit required regulatory reports and filings.
- Maintain accurate records and documentation related to benefits administration.
- Respond to employee inquiries regarding benefits plans, coverage, and claims.
- Conduct benefits orientations and provide ongoing education to employees about benefits options and updates.
- Develop and distribute communication materials to inform employees about benefits programs and changes.
- Liaise with benefits providers to negotiate plan options, premiums, and service agreements.
- Provide recommendations for benefits plan enhancements and cost containment strategies.
- Plan and coordinate the annual open enrollment process, including communication campaigns, system updates, and employee support.
- Ensure accurate and timely processing of enrollment changes.
Qualifications
- Bachelor’s degree in Human Resources, Business Administration, or a related field.
- 3-5 years of experience in benefits administration or a related HR role.
- In-depth knowledge of employee benefits plans and regulations.
- Proficiency in HRIS and benefits management systems.
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills.
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