Insurance Administration Professional
2 weeks ago
Empowered Staffing is partnering with a leading independent insurance agency based in the Chicagoland area to find a skilled Benefits Specialist. As a member of the Group Insurance team, you will play a vital role in supporting Employee Benefits, working closely with Account Managers and Account Executives.
About the Job:
This Benefits Specialist position requires a high level of organization, time management, and multitasking skills, as well as proficiency in MS Excel. You will be responsible for managing and coordinating various aspects of employee benefits administration, gathering and organizing vendor and client information for marketing purposes, and preparing and sending Requests for Proposals (RFPs) to carriers.
Responsibilities:
- Assist in managing and coordinating various aspects of employee benefits administration.
- Gather and organize vendor and client information for marketing purposes.
- Prepare and send Requests for Proposals (RFPs) to carriers.
- Create and review proposal data and spreadsheets for client presentations, ensuring accuracy.
- Handle routine client service tasks, including claims, enrollments, and terminations.
- Coordinate the implementation of new benefits plans and updates to current plans.
- Maintain client communications, such as open enrollment materials and employee benefits guides.
- Review benefit plan summaries and carrier documents for accuracy.
- Conduct audits on billing, enrollments, and deductions.
- Assist with compliance-related projects, including 5500 filings, wrap documents, and COBRA renewals.
Requirements:
- Prior experience working for an insurance brokerage/agency (preferred)
- Experience in employee benefits (preferred)
- Excellent organizational, time management and multitasking skills
- Proficiency in MS Excel (required)
- Strong work ethic, flexibility, and ability to work in a fast-paced, deadline-driven environment
Compensation: The estimated salary for this position is $60,000 - $80,000 per year, depending on experience.
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