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Eden Prairie

    Senior Benefits Specialist - Eden Prairie, United States - American Family Insurance

    American Family Insurance
    American Family Insurance Eden Prairie, United States

    2 weeks ago

    Default job background
    Description

    Designs, develops and implements policies and procedures. Measures and analyzes financial effectiveness of plans and programs; develops funding and expense projections. Works closely with team, vendors and internal resources to ensure efficient and compliant administration of benefit plans, programs and policies. Leads benefits related projects and manages plan vendors. Researches and responds to employee questions, concerns and grievances. Prepares and presents communication and training programs to explain and educate managers and employees in the use and application of the company's benefit programs.

    Position Compensation Range:

    $84, $139,000.00

    Pay Rate Type:

    Salary

    Compensation may vary based on the job level and your geographic work location.

    Primary Accountabilities
    * Conducts and evaluates research to develop market insights to recommend opportunities for and adjustments to the competitive positions of the company's benefit offerings.
    * Identifies, evaluates and prioritizes emerging trends that may provide opportunities to drive new benefit offerings for the organization.
    * Communicates potential benefits project opportunities to leadership for further review and development.
    * Aggregates and reviews project plans to ensure collaboration, management and coordination, aiding leadership in prioritizing deliverables and reviewing for alignment against department and division strategies.
    * Works with plan administrators to ensure benefits are administered correctly and are well communicated to employees.
    * Measures and analyzes financial effectiveness of plans and programs, develops funding and expense projections.
    * Monitors plan performance and adherence to plan provisions and applicable laws. Ensures plan documents are updated.
    * Manages relationships with service providers who provide outsourced health insurance, time off and retirement plan administration.
    * Provides oversight and direction for vendor tracking and roll up reporting including budgeting oversight.

    Specialized Knowledge & Skills Requirements
    * Demonstrated experience providing customer-driven solutions, support or service.
    * Demonstrated experience consulting management on business performance measures.
    * Demonstrated experience counseling, consulting, negotiating to guide strategic business decisions across all levels of management.
    * Demonstrated experience managing company benefit plan offerings, including health and welfare, retirement, paid time off and leave programs.
    * Extensive knowledge and understanding of benefit-related government rules and regulations and governance and their impact on the different elements of benefits.
    * Solid knowledge and understanding of the financial aspects of benefits, such as pension liabilities, medical plan costing and 401K plans.

    Licenses
    * Not applicable.

    Travel Requirements
    * Up to 10%.

    Physical Requirements
    * Work that primarily involves sitting/standing.

    Working Conditions
    * Not applicable.

    We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply

    We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

    We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

    #LI-SW2
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