Director of Benefits Strategy

4 weeks ago

Saint Petersburg, United States Bankers Financial Corp Full time
Job DescriptionJob Description

DecisionHR is a Professional Employer Organization (PEO) located in St Petersburg, FL. Since our inception in 1996, we have empowered our clients with industry-leading human resource solutions they need to drive their business. We assist our clients in the areas of payroll, worker’s compensation, human resources, and benefits. We remove the administrative burden of running their business and allow our clients to focus on their revenue-producing activities. Our goal is to deliver customizable, practical workforce solutions that increase profits, reduce costs and liability, and attract, develop, and retain long-term employees.

Our Core values include:

Collaboration: working together is critical to achieving organizational goals.

Innovation: growth happens when we can absorb and implement new ideas that provide unique solutions and superior customer service.

Performance: we believe in providing our employees with the tools and support they need to grow, succeed, and make an impact.

Social Responsibility: we place charity and volunteer work at the core of our organization.

Trust: we build and maintain trust with our employees and clients by embodying integrity, transparency, and ‘doing the right thing.’

Company Value Statements

In the performance of their respective tasks and duties, all employees are expected to demonstrate the following:

  • Acting with the highest level of honesty, trust, character, and transparency.
  • Making a unified effort to achieve the goals of the organization; embracing accountability for exceptional performance every day.
  • Commitment to excellence in reaching our full potential as individuals and as an organization, surpassing the ordinary and the expectations of our stakeholders.
  • Approaching every challenge with creative energy, discovering unique solutions to maximize success; focus on creating and delivering compelling customer value.
  • Belief in the power of a diverse workforce and in creating a positive impact on both the environment and our community.

Summary/Objective

The Director of Benefits is responsible for creating and setting the short and long-term benefits strategy, as well as ultimately responsible for the daily operations and compliance of the benefits department in DecisionHR, a PEO company. The ability to work with carriers and underwriters to create and adapt benefit plans that will be competitive and cost-effective is essential.

This position requires an exceptional individual with proven discipline, drive, and commitment to join our team as Director of our Employee Benefits Division. Our clients are small to mid-size employers and we offer them cost-effective benefit packages for their employees and dependents, that include medical, dental, vision, life, disability, HSA’s, FSA’s, STD, LTD, 401K, and more.

This leader will be instrumental in growing the Employee Benefits Division by creating quality benefit plan structures and offerings while leading and mentoring an experienced team of Benefits & Sales Associates.

The Director of Benefits is expected to stay current and ensure the team remains current on new/innovative practices and trends in the benefits field; reviews and analyzes existing and proposed law and policy governing benefits and recommends courses of action. Leads the identification, development, and implementation of general benefits strategies associated with accomplishing business objectives ensuring improvement to business results and cost-effectiveness.

Essential Functions

  • Master Plan design, implementation, and renewal.
  • Responsible for plan compliance and reporting requirements including but not limited to ACA, COBRA, HIPAA, PPACA, and ERISA.
  • Establishing and maintaining relationships with insurance companies.
  • Directs the development and implementation of innovative solutions for health and welfare, wellness, retirement, and life and disability plans for PEO clients.
  • Partnering with other businesses for strategic alternatives.
  • Direct and maintain DecisionHR-administered Client-Sponsored Benefits.
  • Monitor implementation of benefit technology, file feeds to carriers and vendors.
  • Strategizes with the President on decisions to enhance margins within the department.
  • Provide oversight and leadership to DecisionHR Team as they prepare customer renewals and new business strategies including proposals and presentations and ensure they agree with customer’s requests/requirements.
  • Lead client and client worksite employee-facing aspects of annual healthcare open enrollment.
  • Partner, consult, and guide clients to make effective and compliant choices of health, dental, and vision benefits, voluntary, and disability benefits.
  • Oversee new client onboarding.
  • Oversee Accounts Payable and Audits of DecisionHR Master plans and DecisionHR Administered Client-Sponsored plans.
  • Oversee COBRA, Commissions, and Carrier billings and refunds.
  • 401k compliance and administration.
  • Manage and develop benefit staff.

Supervisory Responsibility

Benefits Operations Manager, Benefits Sales/Implementation Manager

Position Type/Expected Hours of Work

Full-time, 40 hours per week; Minimum Tuesday-Thursday in office.

Required Education and Experience

  • Currently in a role that involves working with benefits.
  • BS/BA Degree and 10+ years of experience in strategic benefit planning and management.
  • 5+ years’ benefits experience with an insurance agency, carrier, PEO, or consulting firm.
  • 2-15 Florida Health & Life Agent License.
  • Strong command of all Health and Welfare plan compliance and reporting requirements including but not limited to: ACA, COBRA, HIPAA, PPACA, and ERISA.
  • Strong client relationship and interpersonal skills.
  • Proven ability to lead conversations with executive-level client contacts.
  • Excellent analytical and financial modeling skills.
  • Negotiation and problem-solving skills.

Preferred Education and Experience

  • Certified Employee Benefits Specialist (CEBS)
  • Knowledge of PEO is a plus

Travel

Ability to travel to client or prospect sites as needed.

The preceding position description has been designed to indicate the general nature of the work performed; the level of knowledge and skills typically required; and the usual working conditions of this position. It is not designed to contain or be interpreted as a comprehensive, complete, or exclusive list of the duties of the position. Additional and different duties may be assigned from time to time. We are an E-Verify company.

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