Benefits Manager Job Description
Benefits manager
provides support to all field operations as it relates to employee benefits, COBRA, ACA compliance for employees processed multiple states/payroll companies.
Benefits Manager Duties & Responsibilities
To write an effective benefits manager job description, begin by listing detailed duties, responsibilities and expectations. We have included benefits manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Uses extensive Benefits experience to develop and present ideas for improvement, and is adept at measuring and analyzing Benefits data in order to improve effectiveness, build efficiencies, and proactively enhance the delivery of the Benefits function
Maintaining benefits records and ensuring the accurate and timely payment of monthly vendor bills, and the preparation of benefits related reports
Helping monitor overall benefits costs and assure competitive pricing for all benefits program components
Designing, administering and communicating all of the organization's benefits programs, including wellness programs to ensure that health and welfare benefit plans meet quality, cost and employee satisfaction objectives and the organization's overall long term care strategy
Analyzing benefits "best practices" and trends to assure that all benefit programs are competitive and monitoring the organization's plans in order to identify areas for improvement
Researching possible solutions and make recommendations to HR Leadership for all changes and/or enhancements to the existing benefits program
Developing, implementing and maintaining a benefits communication and education program and plan to enhance employee understanding of IRC benefit programs
Partnering with HR leadership and the organization's management to initiate benefits education and orientation sessions
Administering the pension plans, 403(b) plan, benefits programs, including medical, wellness, dental, life and disability insurance, flexible spending
Participating in the periodic solicitation of input from benefits vendors/providers and provide guidance to HR leadership regarding vendor/provider selection
Benefits Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Benefits Manager
List any licenses or certifications required by the position: CEBS, SPHR, SHRM, PHR, CBP, CP, SCP, HR, CCP, ADA
Education for Benefits Manager
Typically a job would require a certain level of education.
Employers hiring for the benefits manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Human Resources, Business, Education, Business/Administration, Administration, Finance, Management, Human Resources Management, Accounting, Health
Skills for Benefits Manager
Desired skills for benefits manager include:
ERISA
FMLA
HIPAA
COBRA
ACA
ADA
Benefits
HRIS systems
Excel
IRS
Desired experience for benefits manager includes:
Master's Degree preferred- Major area of concentration - Business Administration, Marketing, or related field
Introduce new ideas within the company
Communicate with internal and external partners
Develop project justification proposals, business cases and return on investment estimates
Prepare briefings, presentations and obtain executive approval
Strong experience with benefit systems
Benefits Manager Examples
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Benefits Manager Job Description
Job Description Example
Our innovative and growing company is looking for a benefits manager. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for benefits manager
- Manage all aspects of the benefits budget including forecasting, invoice management/payment
- Provide updates to the benefits team
- To be proactive in seeking to continuously improve benefits operating systems, processes and efficiencies (supplier contracts, reporting, templates, calculations, global tool and data management
- Conduct annual benefits open enrollments – send employee communications coordinate and conduct meetings, process enrollments
- Ensure the effective operation, delivery, and administration of Company Benefits programs in accordance with strategic objectives (primarily focusing on programs related to Health & Welfare, Leave, Insurance)
- Directs and supervises work of Benefits administration staff of at least one internal resource multiple vendor relationships, and displays effective management skills
- Manage the administration of group employee benefits programs including, but not limited to, medical, dental, vision, life and disability, and retirement plans
- Evaluate and compare existing company benefits against other employers and through participation in industry surveys
- Coordinate benefits communication strategy including new hire orientation materials, ongoing employee communications and annual enrollment communications
- Assist with the annual benefits renewal process and negotiations with vendors/brokers
Qualifications for benefits manager
- Ability to coordinate and accomplish multiple priorities
- Manage implementation of benefit changes with external vendors and monitor ongoing vendor performance
- Conduct or oversee presentations and training for management and employees related to benefit programs
- Select and manage vendors to ensure benefit programs are administered properly and in the most cost efficient manner
- Monitor administrative service level agreements, administrative fees, performance expectations and overall results
- Manage the benefit program compliance
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Benefits Manager Job Description
Job Description Example
Our company is hiring for a benefits manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for benefits manager
- Evaluates and compares existing company benefits with those of other employers by analyzing other plans, surveys, and other sources of information
- Responsible for the full project management of benefits programs, include preparing the communications and promotional materials, contents for educational sessions, and use of other communication vehicles
- Work with broker, carriers, TPAs and internal accounting department to consolidate and reconcile benefits invoices
- Manage wellness events and researches new/innovative practices and trends in employee benefits and wellness
- Responsible for the execution of approved new benefits plans and changes by preparing announcement material, booklets, and other media for communicating new plans to employees
- Benefits program planning and vendor negotiation/renewal process
- Benefits program implementation and management
- Coordinate activities related to the administration, implementation, communication and delivery of benefits and related services for all active and former/retired participants
- Complete all activities to ensure plans are compliant with ERISA, DOL & state reporting requirements, including non-discrimination testing, claim submissions, 5500 reporting/filing, Summary Annual Reports
- Assess programs for opportunities on enhancements and efficiencies
Qualifications for benefits manager
- The ability to work independently and as part of a team, including the ability to build close working relationships with a large number of individuals across the Bank
- CEBS/CBP preferred
- Demonstrated experience with analytics, auditing, process design, where attention to detail is critical
- Demonstrated experience managing multiple health and welfare plans, through good vendor management skills, utilizing broker services
- Strong absence management experience with the ability to research and keep updated on ever changing legislation and making proactive recommendation for changes to policies and processes
- Excellent written and verbal communication skills, adjusting information as needed for various audiences
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Benefits Manager Job Description
Job Description Example
Our growing company is looking to fill the role of benefits manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for benefits manager
- Partner with our international benefits broker to assess, change, renew and administer our existing international health/welfare and retirement benefits programs
- Partner with our HR and Compensation/Benefits M&A roles to assess and/or advise on the alignment of potential M&A target companies to our existing benefits programs
- Developing communication tools to enhance understanding and awareness of the company's benefits, including intranet pages and creative email and alternative communication campaigns
- Overseeing payroll audits to ensure deductions match enrollments for Health & Welfare and Retirement benefits
- Supervision and maintenance of all benefits-related information in the HRMS
- Lead the annual assessment and re-design of our domestic benefits/perquisite programs and implement any desired changes
- Administer U.S. employee benefits programs such as medical, dental, vision plans
- Responsible for conducting and submitting non-discrimination tests and ACA reporting
- May conduct employee trainings for items such as HIPAA
- Maintain contact in person, and by phone or mail, with vendors, employees, retirees and beneficiaries
Qualifications for benefits manager
- Able to lead and motivate teams to perform to a high standard of excellence
- 4-5 years experience in benefit administration is strongly preferred by not required
- Experience with systems such as PeopleSoft product OR benefit plan design, or equivalent is a strong plus
- Must be have strong problem solving skills
- Prepares and executes, with consultation from external broker, benefit documentation
- Must have strong ability to communicate, organize, plan, multitask, and prioritize assignments to meet tight deadlines
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Benefits Manager Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of benefits manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for benefits manager
- Lead and manage Benefits Representative, conducts monthly performance appraisal
- Establish the goals and objectives for the benefits function and individual employees on the team, ensuring alignment with overall strategy and objectives
- Oversee tracking and administration of all Leaves of Absences (FMLA, disability, military)
- Act as liaison with benefits brokers, vendors, and insurance carriers, to assure proper administration of the plans
- Tracking and Coordinating the FMLA and LOA programs for the US
- Works on benefit needs, design, group demographics and employee census
- Resolution of escalated benefit questions and issues, such as health & welfare, wellness, 401(k), and company perks
- Manage the Benefit vendors and reconciliation of the invoices
- Fully manage annual open enrollment process, including plan implementation/changes and the development of communication materials
- Manager the 401(k) annual audit, non-discrimination testing and 5500 process
Qualifications for benefits manager
- Manage benefits process and technology roadmaps
- Demonstrated experience with benefits systems and tools
- Accountable for appropriate enrollment and coverage of employees
- Assist with payroll/benefit-related reconciliations
- Minimum of 10 years of experience designing and administering benefit programs in a complex environment
- Manages administration of benefit programs such as retirement plans
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Benefits Manager Job Description
Job Description Example
Our company is growing rapidly and is hiring for a benefits manager. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for benefits manager
- The subject matter expert for COBRA and FSA, answering questions and resolving issues from COBRA participants and employees
- Serves as the subject matter expert for the Firms benefits programs and is well versed in administration requirements for all benefit plans
- Manages the online enrollment system which houses all employee benefits
- Conducts employee meetings to review benefits
- Providing information and support to employees on superannuation related benefits
- Evaluating and suggesting improvements to internal processes to reduce costs and increase efficiency
- Participating in plan renewals and implementation of new benefit programs
- Preparing and executing, with legal consultation, benefit documentation such as original and amended plan texts, benefit agreements and insurance policies
- Reviewing, reconciling and processing vendor payments and oversee billing audit process
- Overseeing plan audits as needed
Qualifications for benefits manager
- Advanced excel skills including Pivot Tables ,V Look Ups, complex formula creation, is preferred
- Must be adept in applying the 'art' of compensation from the survey level to the program/philosophy level
- Five (5) years of progressively responsible Human Resources experience, including supervising of staff or managing processes
- Proficient in the use of Microsoft Word, PowerPoint, and Excel at an intermediate level
- Experience in managing the implementation of benefit programs/carriers/vendors, benefit vendor management experience
- Project management skills and experience, strong organizational skills