Benefit Plan Specialist

Nextep•Norman, OK

About The Position

Contributes to Nextep’s benefit plan performance by performing plan analysis, making pricing recommendations during underwriting and providing strategic benefit solutions to prospects and existing clients. Coordinates and assists with the administration, underwriting, and regulatory compliance practices related to Nextep’s benefit product offerings.

Requirements

High School Diploma or equivalent required.
Three or more years progressive benefits experience; or equivalent combination of education and experience.
Direct work experience with benefit design, analysis & administration, with multi-state and 2,000+ employee benefits eligible population.
Demonstrates general knowledge of HRIS Payroll Systems, proficiency in Microsoft Excel.
Experience in administration, compliance and regulatory aspects of health insurance.

Nice To Haves

Bachelor’s degree from a four year college or university preferred.
Health and life insurance license is preferred.
Certified Benefits Professional (CBP and/or GBA, RPA) certification is preferred.

Responsibilities

Serve as subject matter expert for Nextep’s Benefit Plan offerings. Act as backup to Strategic Benefit Specialist for prospective and current client strategic benefit conversations.
Qualify proposed and current Nextep clients for master medical plan. After reviewing prospect and/or existing client benefit offerings, recommends comparable plans and pricing in the underwriting phase. Responsible for adjusting rate band within program guidelines and issuing final pricing.
Responsible for assisting with the review of benefit plan performance, membership, participation, enrollment waivers, and compliance within Nextep’s benefit offerings. Utilize internal software to perform and assist with client level plan audits and reporting.
Participate and recommend benefits plan design, administration, and regulatory compliance practices; Collaborate with management to design, implement, and optimize comprehensive medical, dental, vision, life insurance plans, and other voluntary options.
Assist with the review of internal and external benefit communications and notifications as well as tools that market, enhance understanding, and invite employees to enroll in plans.