Benefits Manager, Human Resources
Wake Forest University · Winston-Salem, NC · 2 mo ago
Human ResourcesFull-time
Essential Functions
- Manage the daily benefits administration including medical, pharmacy, behavioral health, dental, vision, supplemental, and life insurance plans.
- Serve as the liaison for the retirement process for faculty and staff including retiree benefits, administration, communication, events, and open enrollment.
- Acts as the primary liaison with insurance brokers, carriers, vendors and third-party administrators.
- Maintain the institution's objectives and competitive position in the marketplace by evaluating program effectiveness, recommending improvements, and analyzing trends.
- Evaluate industry trends and best practices, evaluate peer benchmark data, and recommend new or enhancement/changes to existing benefit programs.
- Manage the open enrollment process for active faculty and staffing including planning, communication, and administration.
- Lead the development of benefits-related communication including benefits guidebook, flyers, newsletters, online resources, and presents new employee benefits orientation.
- Provide exceptional customer service comprehensive support and assistance while counseling employees regarding benefit plans, complex issues, policies, claims, and eligibility inquiries.
Budget
- Reviews, processes, and reconciles all third-party administrator billing.
- Manages the fringe benefits budget and prepares updates to support data-driven decisions.
- Supports management’s decision-making process by analyzing options and projecting future costs.
Compliance
- Ensures compliance with federal, state, and local legal requirements (i.e. ERISA, COBRA, HIPAA, ACA).
- Ensures annual filings, reporting, and plan documentation are up to date.
- Stays up to date on legal changes.
Systems Support
- Manages data integration files between the University and third-party administrators and leads benefits-related enhancements and updates in Workday.
- Analyzes business requirements and system capabilities.
- Participates in the design, implementation, and testing of new benefits systems and system enhancements.
- Develops and executes test scripts, validates results, and ensures data integrity across HR, payroll, and benefits platforms.
Team Management
- Provides supervisory oversight to the Benefits Specialist position.
- Develops team work plans, establishes priorities, and leads the implementation of process improvements and new initiatives.
Required Education, Knowledge, Skills, Abilities
- Bachelor’s degree in a related field plus three years of benefits-related experience, or an equivalent combination of education and experience.
- Solid experience of accounting and budgeting.
- Solid experience of benefit programs and administration.
- General knowledge of HR functions.
- Prioritize in a multitasking environment.
- Ability to work in a team-oriented, continuous improvement, and customer-centric environment and to quickly adapt to new procedures.
- Must be able to complete work by deadlines that are provided.
Preferred Education, Knowledge, Skills, Abilities
- Experience with Workday.
- Experience in higher education.
- Five years of benefits experience.
- Two years experience in a supervisory or managerial capacity.
- GBA/CEBS/SPHR/PHR certification.