Benefits Reporting Specialist
About The Position
Beneration has helped transform the employee benefit industry with cutting edge financial technology solutions. We digest thousands of data points from insurance carriers, invoices, and benefit administration systems to give employers and brokers much-needed clarity and risk mitigation related to their monthly insurance spend. In a nutshell, we make sure that when companies are paying for employee benefits, they are paying the correct amount, to the correct carriers, for the correct people. The collection, processing, and reconciliation of employee benefits administration data and carrier invoices is typically a complicated, expensive, and time-consuming process for employers, and our comprehensive suite of technologies and services ensures that businesses can manage their employee benefits programs with ease and precision. Beneration is a fast-growing startup that has clients ranging from major national brands to fifty-person employers. Our goal is to be able to serve as many employers as possible and we are currently investing heavily in developing the next generation of our software platform. We are looking for a data-oriented, self-starter to join our team as a Benefits Reporting Specialist. This role focuses on collecting health insurance invoices on behalf of the employer and ingesting benefits administration data from our clients to prepare for analysis against the invoices created by their health insurance carriers. An ideal candidate has a passion for data and thrives in a team environment. As you develop in the role, your responsibilities will expand into technical implementation of new clients and/or scaling automation processes.
Requirements
- Proficiency in Microsoft Excel is required
- 2+ years of experience in a data analysis role, within the employee benefits or HRIS domain.
- Strong proficiency in data manipulation, analysis, and visualization using tools such as Microsoft Excel, SQL, and/or business intelligence platforms.
- Stellar attention to detail with strong research and analytical skills.
- Excellent communication skills, with the ability to translate complex data into actionable insights for stakeholders at all levels.
- Proven ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment.
- A collaborative mindset and willingness to engage with cross-functional teams to achieve common goals.
- A cover letter that describes your experience working with employee benefits, why you’re interested in the role, and what your superpower is
Nice To Haves
- Bachelor’s degree in Business Administration, Data Analysis, Finance, Human Resources, Information Systems, or a related field preferred.
- Experience working with HRIS systems (e.g., Workday, ADP, Employee Navigator) and benefits administration software is highly desirable.
- Familiarity with Artificial Intelligence (AI) technologies and concepts is a plus.
Responsibilities
- Collect health insurance invoices and convert invoice data into the appropriate format for use in Beneraton’s software.
- Collect and import client Benefits Administration (HRIS) data into our proprietary software to be compared against the client’s employee benefit carrier invoices.
- Generate reports for employee benefits such as life, disability, and worksite benefits, ensuring accuracy and compliance with client agreements.
- Analyze benefits data to identify discrepancies, trends, and areas for improvement.
- Technical client onboarding - Work with the onboarding/renewal team to complete the technical onboarding and generate the first set of reports for new clients and during annual renewal when significant changes are made to their benefit offerings.
- Client training - Partner with the client facing team-members when advanced client training sessions are necessary to help clients understand and utilize our reports.
- Collaborate with AI (Artificial Intelligence) teams to automate data collection, processing, and reporting tasks.
- Communicate with carriers and/or health insurance brokers to ensure that our client receive their invoices in a timely manner when invoices are unavailable.
- Work with our Product team to give feedback on the software and to improve methods for communicating findings to clients and support their decision-making processes.
- Troubleshooting - Collaborate with the internal team (onboarding, invoice collection, bill-pay, etc.) and clients directly to troubleshoot and resolve reporting and delivery roadblocks.
- Maintain clear process documentation.
- Stay informed about industry trends, regulations, and best practices related to benefits administration and data management.
- Participate in cross-functional projects and initiatives to enhance the overall effectiveness of our benefits administration processes.
Benefits
- Discounted health, dental, and vision insurance
- Health Savings Accounts
- Flex Spending Accounts
- Company-paid short-term disability insurance
- Long-term disability insurance
- Life insurance
- AD&D coverage
- Supplemental coverage options for disability, life, and AD&D
- Accident insurance
- Critical illness insurance
- Hospital indemnity insurance
- Pet insurance
- Home & Auto insurance
- Personal Excess Liability insurance
- Identity Theft Protection
- Legal aid
- 401(k) accounts
- Company match for 401(k) contributions up to 4% of annual salary after six months of employment
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
