Benefits Administrator

A Benefits Administrator is a professional who manages and oversees employee benefits programs within a company. They handle tasks related to health insurance, retirement plans, and other perks offered to employees, ensuring that these benefits are administered correctly and in compliance with company policies and regulations.

A Benefits Administrator's main duties include enrolling employees in benefit plans, answering questions about benefits, processing claims, and maintaining records. They also work on updating benefit plans, communicating changes to employees, and ensuring that all benefits are provided according to legal and company standards.

Looking to make a significant impact on employee satisfaction and benefits management?

Apply as a Benefits Administrator and play a crucial role in ensuring our team members receive the best possible support for their benefits needs.

In this role, you'll manage and oversee a comprehensive range of employee benefits, including health insurance, retirement plans, and other perks, ensuring everything runs smoothly and meets company standards.

You'll be the go-to expert for employees, answering their questions, processing their claims, and keeping accurate records. Your role will involve updating benefits programs, communicating changes, and ensuring compliance with all relevant regulations.

• Oversee and administer employee benefits programs, including health insurance, retirement plans, and flexible spending accounts.
• Ensure compliance with all relevant laws and regulations governing employee benefits.
• Analyze the effectiveness of current benefits programs and recommend improvements.
• Communicate with employees regarding their benefit options and assist with any inquiries or issues.
• Process enrollments, changes, and terminations in benefits plans.
• Collaborate with the HR team to coordinate open enrollment activities and other benefits-related initiatives.
• Monitor benefits costs and explore cost-saving strategies without compromising on quality.
• Collaborate with vendors and third-party providers to manage benefits programs effectively.
• Conduct regular audits of benefits data to ensure accuracy and compliance.
• Prepare and distribute benefits-related materials to employees, including guides and educational resources.
• Maintain accurate benefits records and files for employees.
• Assist in resolving any benefits-related discrepancies or discrepancies.
• Stay updated on industry trends and best practices in benefits administration.
• Participate in benefits planning and strategy development.
• Handle confidential information with discretion and integrity.

• Achieved X% participation rate in wellness programs within six months.
• Increased employee satisfaction with benefits offerings by X% within the first year.
• Ensured 100% compliance with all federal and state regulations related to employee benefits.
• Improved benefits enrollment process efficiency by X% by implementing streamlined processes.
• Reduced benefits processing errors by X% through improved data management strategies.

• Bachelor's degree in Human Resources, Finance, Business Administration, or related field.
• In-depth knowledge of employee benefits programs, including health insurance, retirement plans, and other voluntary benefits.
• Strong understanding of federal and state regulations governing employee benefits.
• Proven experience working in benefits administration or a similar role within the finance or financial services industry.
• Strong analytical skills to assess benefits data and identify trends or areas for improvement.
• Excellent communication skills with the ability to explain complex benefits information in a clear and concise manner.
• Detail-oriented approach with a focus on accuracy and compliance.
• Proficiency in benefits administration software and MS Office applications.
• Exceptional organizational and time management abilities to handle multiple tasks simultaneously.
• Ability to handle confidential information with professionalism and discretion.