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Insurance Benefits Specialist US-Remote
2 months ago
US Remote Only
Role
- Attracts and retains employees by researching, recommending, and explaining benefit programs.
- Determines employee benefit practices by benchmarking best practices, researching industry and employment trends, and tracking legislation.
- Determines employee benefit interests by conducting employee surveys, forming focus groups, and analyzing responses.
- Recommends development and revision of employee benefit programs by examining, evaluating, and optimizing employee understanding, acceptance, and interests, costs, regulatory requirements, and competitive advantage.
- Evaluates proposed employee benefit contracts by studying provisions and estimating impact.
- Explains employee benefits by conducting meetings, preparing written and graphic announcements, presentations, and explanations, and responding to requests for information.
- Provides management planning and control information by collecting, analyzing, and summarizing employee benefit data and trends.
- Maintains employee confidence by keeping benefit information confidential.
- Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.
- Collaborates with other members of HR team to drive recruitment and retention strategies through the deployment of benefits programs that adhere to best practices and ensure companys competitive position in talent acquisition with the industry.
Benefits Specialist Skills/Qualifications:
- Knowledge of Fair Labor Standards Act (FLSA) and Employee Retirement Income Security Act (ERISA) regulations, and other applicable federal, state, and local laws governing compensation
- Knowledge of compensation and wage structure
- Benefits administration knowledge
- Familiarity with human resource management software
- Quality management
- Confidentiality
- Reporting skills
- Analytical research skills
- Presentation skills
- Verbal and written communication skills
- Developing standards
- Employee retention
- Onboarding
Education, Experience, & Licensing Requirements:
- Bachelors degree in human resources, business, or finance; MBA or masters degree in human resources a plus
- 3-5 years related experience
- Certified Compensation Professional (CCP) preferred
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