Employee Benefits Job Description
Employee Benefits Duties & Responsibilities
To write an effective employee benefits job description, begin by listing detailed duties, responsibilities and expectations. We have included employee benefits job description templates that you can modify and use.
Sample responsibilities for this position include:
Employee Benefits Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Employee Benefits
List any licenses or certifications required by the position: HUB, CEBS, CBP, CBPO, LEO, HR, SPHR, RFP, PHR, GPHR
Education for Employee Benefits
Typically a job would require a certain level of education.
Employers hiring for the employee benefits job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Education, Business, Human Resources, Finance, Business/Administration, Administration, Accounting, Graduate Education, Mathematics, Management
Skills for Employee Benefits
Desired skills for employee benefits include:
Desired experience for employee benefits includes:
Employee Benefits Examples
Employee Benefits Job Description
- Answer compliance questions (with the help of client legal counsel or LRG) and plan interpretation questions (conference calls, meetings)
- Develop and maintain a solid working relationship with client, Board of Trustees, sub-broker distribution channels, vendors and carriers
- Educate prospects on the attributes and value of Trust programs
- Assist in any projects as assigned by Management
- Identify, compile and manage information regarding account renewal, expanded business and cross-sell opportunities
- Maintain and cultivate relationships with Manager and Director Level personnel at client
- Achieve client retention goals through superior client service and value-added service delivery
- Stay abreast of regulatory compliance requirements and advise clients appropriately
- Develop and manage a large, dynamic territory, which includes a full range of business, from long established producers to significant growth opportunities
- Effectively utilize the full range of resources we provide to ensure quota attainment, including a full, locally based service team, home office service groups, marketing and development resources, expertise of peers, Managers to attain sales targets and drive customer satisfaction
- 3 years industry experience in employee benefits and insurance preferred
- College degree, continuing education and professional designations (RHU, CLU, FSA, CEBS) preferred
- 3-5 years of insurance industry experience related to servicing accounts
- 3+ years of experience in client management in a brokerage or medical carrier
- Knowledge of insurance contracts/structure
- Strong knowledge of all employer-sponsored health and welfare plans
Employee Benefits Job Description
- Develop and continually improve product knowledge, sales skills, and competitive intelligence via both personal and formal development plans and utilize to compete effectively in the local market
- Seek out opportunities to mentor others, improve team performance and experience, improve practices, share knowledge and enhance the success of the local, regional and national sales team
- Use technology to monitor and analyze claims information and financial impact
- Prepare financial aspects of benefit planning, including but not limited to, funding arrangements, plan design, competitive benchmarking, and employee contribution modeling, profit and loss statements
- Request renewals and plan alternatives from carriers
- Reviews completed proposals and negotiates with carriers
- Research and answer employee questions pertaining to benefit plans
- Assist in the development, maintenance and distribution of communications related to benefits, including announcements, newsletters, meeting material, forms and training materials
- Provide support for Account Manager through duties and responsibilities listed this Job Description and Benefits Timeline
- Research and answer questions regarding benefit plans, claims and billings for client, and adhere to the Benefits Timeline
- Ability to manage multiple competing priorities and multiple competing deadlines
- Prior Sales experience highly preferred
- Must maintain current required licenses and industry certifications
- Three or more years of analytical analysis of employee benefit programs preferred
- Technical knowledge of employee benefits industry, including knowledge of health and welfare insurance products (fully/self-funded plan designs, consumer-driven healthcare, life and disability plans, ) wellness, and current trends regulatory environment of employee benefit plans
- Not less than three years of business sales experience
Employee Benefits Job Description
- Support efforts for field operations and training by working closely with sales and operations to ensure client satisfaction, continual process improvement represent the installation process during finalist presentations
- Develop and maintain a system of supervision and training for brokers consistent with standards as expressed by TEB
- Manage all aspects of employee life cycle for the Sales team, from hiring outstanding talent, through employee development and performance management, hands-on coaching, and employee relations
- Act as employees’ first point of contact for benefits related information and respond to daily benefits and 401k questions via phone, email and in-person as needed
- Provide assistance to new employees as needed for enrolling in benefits and/or entering information into UltiPro
- Provide assistance to existing employees as needed if/when changes are needed due to qualifying events (marriage, divorce, baby)
- Provide assistance to terminating employees for benefit options and 401k distribution information
- Work directly with benefits vendors to address any plan issues or changes needed for or on behalf of existing employees, escalating to the Benefits Manager as needed
- Assist the benefits team with the programming of Alex, the virtual benefits consultant, in preparation for Open Enrollment
- Communicate with employees during Open Enrollment any plan changes, costs, new benefits, and assist them with online enrollment as needed
- Excellent driving record is required
- At least 1 year in employee communication, human resources, public relations, marketing or advertising
- Bachelor’s degree in Communications, Human Resources, Marketing or equivalent
- Ability to coach and mentor peers and team members, preferred
- Strong understanding of HRIS systems with benefits modules, preferred
- Master’s degree in Math or related field preferred
Employee Benefits Job Description
- Prepare and present communication needed for new employees who join as a result of acquisition, including travel to/from acquisition locations as needed
- Attend applicable healthcare seminars/training updates as needed
- Send notices and disclosures to employee as needed
- Handles other duties and special projects as assigned
- Excellent written and oral communication skills and telephone skills
- Previous experience in Employee Benefits or Human Resources
- Meets with clients to review benefit administration guides, to discuss customer service, and billing procedures
- Assist in various employee benefit projects/ project management
- Assist in the review, reconciliation and maintenance of employee benefit records and data
- Research, organize and document benefit plan data for plan actuaries/consultants/carriers use
- Lawson reporting experience preferred
- 3 to 5 years’ benefits administration experience in a complex benefits environment
- Minimum of 5 years experience managing all facets of U.S. employee benefit plans, including health and welfare qualified and non-qualified pension and 403 (b) plans including plan administration, reporting and compliance
- Solid computer skills, proficiency in Microsoft Office
- Have or obtain Group 1 License within 14 days of hire (the company will provide assistance)
- 12 to 18 months insurance industry experience or comparable customer service experience preferred
Employee Benefits Job Description
- Support on other projects as needed
- Expert in understanding actuarial plan values and how they are used in various pricing and analysis projects
- Participate in regional projects and expansion
- Support onboarding program
- Support cross regional business continuity
- Provides business leadership, analytical expertise, and process oversight for significant strategic initiatives
- Prepares and analyzes various reports to identify trends and deviations
- Conducts analysis by qualitatively and/or quantitatively analyzing data and information, including exploratory data analysis, graphing, forecasting and modeling
- Develops reports, presentations and proposals for action and/or implementation plans and presents to management to assist in decision making
- Reviews and evaluates existing procedures and operations in assigned area
- Ideal candidate has been performing significant portion of above noted tasks or similar activities for 24-36 months
- Will consider candidates with similar office work environment experience
- Ability to service clients effectively through problem solving, appropriate confidentiality, diplomacy, sensitivity and tactfulness
- Five years sales and sales management experience with demonstrated record of success
- Two years broker/agency experience
- Four years broker/agency experience