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The Benefits Manager has overall responsibility for the company’s retirement programs, health and welfare plans, and benefits administration and communication. This includes but not limited to design, strategy, implementation, administration, policies, budget, expense analysis, and vendor management.
• Oversees review and analysis of the market to determine employee needs, trends, government regulations, and competitive practices.
• Oversees management of and processes related to System-wide plan(s).
• Oversees the administration and maintenance of the insurance and retirement programs while focusing on customer service.
• Oversees leave processes to include FMLA, sick leave, disability programs, and compliance with the Affordable Care Act and state requirements.
• Identifies opportunities to improve policies and processes as needed in order to improve efficiencies, ensure compliance, and provide a high level of customer service.
• Assures compliance with regulatory provisions. Interfaces with subject matter experts in legal, accounting, payroll, budget, and other functions to identify and resolve compliance issues.
• Counsels and consults with senior management and HR leaders regarding compensation, benefits and benefits compliance, influencing outcomes that are based on professional advice consistent with System and institutional policies.
• Maintains knowledge of best-in-class compensation and employee rewards programs in the marketplace.
• Manages communication to achieve employee awareness, understanding, and appreciation.
• Manages key external vendors, service providers, brokers and consultants to achieve product, service, and cost goals.
• Actively participates and partners with HR Leadership Team
• Coordinates with appropriate groups to identify departmental effectiveness metrics and meaningful program evaluation measures
Requirements:
• Bachelor’s Degree in accounting, business, human resources or related field.
• CBP (Certified Benefits Professional) preferred
• Minimum of 10 years’ experience in a benefits-related role, specifically health & welfare, and experience with defined contributions preferred.
• Preferred minimum of 5 years management experience in a large company ($500m or greater in annual revenue), responsible for the development, implementation and maintenance of health and welfare benefits strategies utilizing both internal staff and external administrators/service partners.
• Knowledge of all pertinent federal and state regulations, filing and compliance requirements both adopted and pending affecting employee benefit programs, including ERISA, HIPAA, COBRA, FMLA, ADA, SECTION 125, Medicare, OBRA, and Social Security and DOL requirements.
• Expert knowledge of HMO, PPO and High Deductible plan design and administration.
• Knowledge of HCPCs, ICD-9/10, and other coding relating to medical billing and benefits.