- Evaluate and compare existing company benefits with those of other employers by analyzing other plans, surveys and other sources of information. Plan, develop and/or participate in area and industry surveys. Analyze results of surveys and develop specific recommendations for review by management.
- Develop specifications for new plans or modify existing plans
- Maintain company's competitive position in labor market
- Obtain uniform benefits package for all company locations
- Recommend classes of eligible employees for new or modified plans. Develop census data and solicit insurance companies for quotations. Evaluates quotation and make recommendations to management. Develop company cost information for new plans and make premium cost share recommendations to management.
- Install approved new plans or changes to existing plans by preparing announcement materials, plan summary documents and other media for communicating plans to employees. Conduct employee meetings and arrange for enrollment. Advise and counsel management and employees on existing benefits.
- Prepare and execute, with legal consultation, benefits documentation, such as original and amended plan texts, benefit agreements and insurance policies. Instruct insurance carriers, trustees and other administrative agencies outside the company to effect changes in benefits program. Ensure prompt and accurate compliance.
- Assist in the development of company bargaining proposals for employee benefits and analyze union benefits demands. Obtain and prepare cost data for company and union proposals and final settlements.
- Assure company compliance with provisions of Employee Retirement Income Security Act and the Affordable Care Act. Supervise preparation of reports and applications required by law to be filed with federal and state agencies, such as Internal Revenue Service, Department of Labor, insurance commissioners, and other regulatory agencies. Review and analyze changes to state and federal laws pertaining to benefits, and report necessary or suggested changes to management. Coordinate company benefits with government-sponsored programs.
- Develop benefits information and statistical and census data for actuaries, insurance carriers and management.
- Handle benefits inquiries and complaints to ensure quick, equitable, courteous resolution. Maintain contact in person, and by phone or mail, with hospitals, physicians, insurance companies, employees, and beneficiaries to facilitate proper and complete utilization of benefits for all employees.
- Supervise maintenance of enrollment and claims records for all benefits plans.
- At least Five (5) years of related work experience.
- Highly proficient in MS Word, Excel, Outlook, and CRM systems.
- Excellent customer service skills and ability to complete projects timely and with high quality.
- Ability to manage multiple projects, prioritize as necessary and leverage resources throughout the organization.
- Exceptional problem solving, written, and verbal communication skills.
- Bachelor's degree in a work-related discipline/field from an accredited college or university.
- Medical, Dental, and Vision
- $85K- $90K/yrly
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Benefits Consultant - Palo Alto, United States - Ascend
Description
Job Description
Job DescriptionAscend Talent Solutions Job DescriptionJob Description: The Benefits Consultant will analyze, employment structure, benefit program, and performance incentive for the organization. The Benefits Consultant will be an independent expert to provide an excellent rewards and compensation experience. This position will provide expertise in benefits administration and will work collaboratively with other HR subject matter experts to provide a more streamlined process for an increased HR customer experience. The Benefits Consultant will also identify opportunities for process improvement, attend trainings, and support special projects in support of HR Services Leadership.
Responsibilities:
