Benefits Specialist

Stifel•St. Louis, MO

8d•Onsite

About The Position

The Benefit Specialist interprets the Firm's associate benefit program. This position also leads the associate benefit program, implements projects, and addresses associate benefit needs and concerns, in both the U.S. and abroad.

Requirements

Solid knowledge of ERISA, HIPAA, and the requirements concerning benefit plans and administration.
Experience with health and welfare day to day operations and benefit plan administration.
Ability to communicate and present to all levels of the Firm.
Proven ability to understand the causes, costs, and potential outcomes of issues and problems, and to implement information or formulate corrective actions.
Bachelor's degree or equivalent experience.
3+ years' of benefits experience
Advanced in Excel (including pivot tables, vlookups, and formulas)
Advanced skills in Microsoft Word, PowerPoint, Outlook
Experience with HRIS database

Responsibilities

Lead and coordinate benefit projects including open enrollment and merger processes for all benefit programs to improve the associate experience.
Participate and contribute to the strategic projects and initiatives of benefits programs to include preparing customized reports for monthly benefit auditing and vendor payment reconciliations.
Coordinate the implementation of benefit solutions, including partnering with broader internal and external stakeholders, as well as drafting and reviewing various participant facing communications.
Conduct training and education of the health and welfare, and benefit plans for benefit team members, HR team members, and participants and vendors.
Administer benefit programs and ensure compliance by tracking associate and company contributions, legal compliance reporting requirements, and conduct the audits related to the plans.
Develop and maintain benefit program communications and maintain program information and compliance.
Advise employees on a holistic basis regarding the associate benefits plans, and resolve disputes and claim issues.
Partner with HR Business Partners in presenting benefit plan summary information during new hire orientation sessions or for new branches.
Reconcile, approve and track monthly premium statements for all group health insurance plans to ensure accuracy, process for payment, and reconcile employee benefit deductions.
Partnering with disability/leave of absence vendor and workers compensation vendor and act as a liaison between the vendor and employees and understanding of state and federal laws.