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| Position: |
Benefits Manager
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| Date: |
07/07 |
| Position Code: |
2461 |
| EEO Code: |
102 |
Job Summary
Reporting to the
Director of Human Resources, manages and coordinates the planning,
implementation, and administration of the Institution’s various health,
welfare, and retirement programs. Ensures cost-effectiveness,
market-competitiveness, and consistency with the Institution’s overall
strategic plan and objectives. Principally responsible for all
compliance matters, including but not limited to ERISA, IRS regulations
and other legislative rules that impact benefit matters.
Major Duties
- Manages
the evaluation, planning, and administration of the Institution’s
various health, welfare, and retirement programs; assesses
effectiveness of programs in meeting overall strategic objectives, and
oversees the development and implementation of changes and improvements
to benefits programs, as appropriate.
- Leads and supervises staff, fostering a service oriented mindset with emphasis on employee advocacy.
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Interfaces with vendors of Institution benefit plans, legal and
actuarial consultants, fund custodians, etc.
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Directs, oversees, and quality controls the development of benefits
proposals, negotiation with insurance carriers and external
contractors, and administration of contracts or other agreements
involving employee benefits.
- Serves
as an authoritative source to Institution employees and outside
inquiries relative to the Institution’s benefits programs.
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Develops, updates and/or presents various communications (such as
announcements, articles, materials for meetings, plan descriptions,
benefit statements, etc.).
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Responds to and resolves employee concerns regarding Institution
benefits programs; advises, approves, or denies exception requests, as
appropriate.
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Serves on designated committees and advisory boards as appropriate in
order to maintain open communications with employees, retirees,
insurance carriers, and other constituent groups.
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Oversees processing of all documents necessary for implementation of
various benefits programs and maintenance of such records as required
for compliance with ERISA, COBRA, and other applicable regulations.
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Prepares and submits timely reports required by law to be filed with
federal and state agencies; coordinates and prepares various reports
related to benefits programs for in-house, insurance and regulatory
purposes.
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Informs, gives advice, and counsels management on trends and current
development in the field of employee benefits.
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Participates in development, implementation, and maintenance of
policies, objectives, short- and long-range planning; develops and
implements projects and programs to assist in accomplishment of
established goals.
- Develops and manages annual benefits budgets.
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May represent the Institution at various community and/or business
meetings; promotes existing and new programs and/or policies.
- Maintains
thorough knowledge of benefits, pension, tax and government
legislation, socioeconomic trends, and court decisions related to areas
of responsibility. Informs supervisor of developments and trends that
presently or potentially impact areas of responsibility.
- Performs such other duties as the supervisor may deem necessary.
Desired Education/Experience for Hiring
College degree with
5-8 years of increasingly responsible benefits specialist experience,
or equivalent combination of education and experience.
Knowledge, Skills, and Abilities Required
- Considerable
knowledge in benefits administration and related laws and regulations
in the private, not-for-profit sector.
- Considerable knowledge of retirement plans and benefits.
- Ability to develop long-term plans and programs and to evaluate work accomplishments.
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Ability to present facts and recommendations effectively in oral and
written form to all levels of the Institution, including Trustees.
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Ability to analyze facts and exercise sound judgment in arriving at
conclusions; ability to make decisions.
- Ability to plan, supervise and review the work of direct reports.
- Ability to read, analyze, and interpret the most complex documents.
- Ability to respond effectively to the most sensitive inquiries and complaints.
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Ability to foster a cooperative work environment; strong interpersonal
skills and the ability to work effectively with a wide range of
constituencies in a diverse community.
- Ability to negotiate and manage contractual arrangements.
- Knowledge of customer service standards and procedures.
- Knowledge of budgeting, cost estimating, and fiscal management principles and procedures.
- Ability to work with computerized databases, word processing, spreadsheets, etc.
Last updated: February 25, 2013 |
