If you’re considering a career in benefits administration, you may be wondering what a Benefits Specialist does. Benefits Specialists are important members of any organization’s Human Resources team and are responsible for managing the day-to-day operations of employee benefit programs. They must stay up to date on all the changes in laws, regulations and policies that affect employee benefits. Want to know what a benefits specialist do? We’re here to tell you! Use this sample benefits specialist job description as a guide. Let’s take a look at the typical job responsibilities, duties, requirements and salaries associated with this position.
Benefits Specialist Job Responsibilities & Duties
Benefits Specialists typically have a variety of job responsibilities that involve researching and reviewing changes in laws, regulations and policies; managing the day-to-day operations of employee benefit programs; ensuring accuracy of employee benefit data; assisting employees with their questions or concerns regarding their benefits; developing reports to track benefit trends; researching new vendors or products.
Additionally, analyzing plan performance and making recommendations for improvements; organizing open enrollment activities such as meetings or webinars; educating employees about their benefits plans; maintaining department records; and resolving any discrepancies.
Benefits Specialist Requirements & Qualifications
Benefits Specialists typically need at least a Bachelor’s degree in Human Resources, Business Administration or related field as well as several years of experience in benefits administration. They should also have excellent communication skills, attention to detail, organizational skills, problem-solving skills, negotiation skills and knowledge of labor laws. Some employers may require certifications such as Certified Employee Benefit Specialist (CEBS) or Professional in Human Resources (PHR).
Benefits Specialist Salary
According to Salary.com, the median salary for Benefits Specialists is $66,907 per year with an estimated range between $60,019 – $74,836 per year based on experience level and location. The top 10% make over $86K per year while the bottom 10% make under $55K per year.
Benefits Specialist Job Description
This role is with a market leading organization who are going through an exciting period of change and growth. We are looking for a Benefits Specialist to join our team on a 12-month FTC basis. The company has a great working culture, with flexible working hours and the option to work from home 2 days per week.
Job Description:
- You will be responsible for overall design, implementation, communication, and administration of benefits programs globally, excluding the US and Canada.
- You will ensure that the benefit programs support the organisation from a strategic and compliance perspective.
- You will foster positive team environment and mentor junior members in the team. This role manages our global mobility assignments and policies.
- Partner with Senior Leadership, People Team Partners, and broader teams.
- Maintain effective relationships with key internal customers and support organisations.
- Engage business units on their strategies and resulting needs.
- Lead and coach internal business partners and team members on the benefit offerings.
- Create collaborative partnerships with business stakeholders.
The Successful Applicant:
- Maintain ownership of plans and evaluate for purpose.
- Engage business units on their needsand resulting needs.
- Partner with the external broker to manage relationshipsand timely renewals.
- Partner with local People Teams to deliver programsand platforms.
- Management and Leadership
- Create an environment that emphasizes “Partnership”with all team processes.
- Effectively motivateand collaborate within their teamand across their peer group.
- Mentor team members.
- Lead efforts to drive business process improvements in support of team objectives.
- This role offers hybrid working, with the expectation that you will be in the office near Slough 3 days per week.
Offer Details:
- Fully remote based role
- can sit anywhere in Europe
- €60-70k base + 10% bonus – 401k + match
- Full benefits package including competitive medical plan
Employee Benefits Specialist Job Description
This is a great opportunity to join a well-established, reputable and forward thinking organiZation who are going through an exciting period of change and growth.
Job Description:
Reporting into the Head of HR, you will be responsible for managing all aspects of employee benefits including pension schemes, healthcare plans and other voluntary benefits. You will work with senior stakeholders across the business to ensure that all benefit packages are fit for purpose and offer good value for money.
In addition, you will be responsible for negotiating renewals with suppliers, conducting cost analysis and benchmarking exercises. You will also play a key role in communicating changes to employees and ensuring that they are fully aware of the benefits available to them.
The Successful Applicant:
The successful candidate will have previous experience working in a similar role within a fast paced environment. You will have excellent communication skills and the ability to build strong relationships at all levels.
In addition, you must be highly organized with the ability to manage multiple projects simultaneously. Finally, you must be able to demonstrate a good understanding of UK employment law as it relates to employee benefits.
Offer Details:
In return, our client is offering a competitive salary plus bonus and excellent benefits package including 25 days holiday (plus bank holidays), pension scheme and healthcare cover.
Health Benefits Specialist Job Description
We are leading provider of benefits administration and exchange solutions. We offer a suite of technology-enabled health, wealth, HR, payroll, and retirement products and services to more than 40 million people. Their mission is to empower Americans with the tools We need to live healthier lives, retire with dignity, and build a more secure financial future.
Job Description:
The Health Benefits Specialist will be responsible for overall design, implementation, communication, and administration of benefits programs globally. This role will collaborate with internal stakeholders to shape our benefits strategy and implement health/welfare, and retirement benefits within our global ecosystem.
Specific responsibilities include:
- Working collaboratively to understand business needs and translate these needs into tangible offerings for employees
- Continuous monitoring and evolving of offerings
- Partnering with Senior Leadership, People Team Partners, and broader teams
- Maintaining effective relationships with key internal customers and support organizations
- Engaging business units on their strategies and resulting needs
- Leading and coaching internal business partners and team members on the benefit offerings
- Creating collaborative partnerships with business stakeholders
The Successful Applicant:
The successful candidate will have the following qualifications:
- 3+ years of experience in designing & administering employee benefits programs (health & welfare AND retirement) in a large corporate setting
- Strong project management skills with the ability to manage multiple projects simultaneously in a fast paced environment
- Excellent written & verbal communication skills
- Proficient in Microsoft Office Suite (Word, Excel & PowerPoint)
Offer Details:
- Highly competitive salary + bonus potential
- Comprehensive medical/dental/vision coverage
- 401k plan with company match
- Generous PTO policy + paid holidays
Benefit Program Specialist Job Description
This role is for a market leader in the financial services industry. We have been in business for over 150 years and are a Fortune 500 company. We have an excellent benefits package and are looking for a Benefits Specialist to join Our team.
Job Description:
- The Benefits Specialist will be responsible for overall design, implementation, communication, and administration of benefits programs globally, excluding the US and Canada.
- The Benefits Specialist will ensure that the benefit programs support the organisation from a strategic and compliance perspective.
- The Benefits Specialist will foster positive team environment and mentor junior members in the team. This role manages our global mobility assignments and policies.
- Partner with Senior Leadership, People Team Partners, and broader teams.
- Maintain effective relationships with key internal customers and support organisations.
- Engage business units on their strategies and resulting needs.
- Lead and coach internal business partners and team members on the benefit offerings.
- Create collaborative partnerships with business stakeholders.
The Successful Applicant:
The successful applicant will have experience in managing benefits programs globally as well as excellent written and verbal communication skills
Conclusion:
If you have always been interested in working with employee benefits plans but weren’t sure what it entailed—now you know! As a Benefits Specialist you will be responsible for managing all aspects of employee benefit plans including researching changes in laws and regulations, developing reports to track benefit trends and educating employees about their benefits plans.
This role requires excellent communication skills along with experience in Human Resources or Business Administration as well as certifications from organizations like CEBS or PHR. The median salary for Benefits Specialists is approximately $67K per year which can vary depending on experience level and location. So if this sounds like something you would be interested in pursuing—start looking into it today! With some hard work and dedication you could be enjoying a successful career as a Benefits Specialist very soon!