What are the responsibilities and job description for the Benefits Admin Specialist - Chicago, IL position at VetJobs?
Job Description
ATTENTION MILITARY AFFILIATED JOB SEEKERS - Our organization works with partner companies to source qualified talent for their open roles. The following position is available to Veterans, Transitioning Military, National Guard and Reserve Members, Military Spouses, Wounded Warriors, and their Caregivers. If you have the required skill set, education requirements, and experience, please click the submit button and follow the next steps.
Unless specifically stated otherwise, this role is "On-Site" at the location detailed in the job post.
Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.
We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).
We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.
In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.
Are you in?
Primary Purpose
Provide subject matter expertise in the Exelon Health & Welfare Plans and the administration of these Plans, including COBRA, Retiree Health care, disability, FSA/HSA, severance, tuition assistance, adoption and additional plans and programs. Responsibilities include vendor management to assure that the Exelon Plans are administered accurately and in compliance with all applicable Plan and compliance requirements; and providing direction to vendors on processes/participant issues; assuring HW deduction payroll processing accuracy; serving as a contact for HR questions and assistance on escalated participant issues; research for benefits appeals; severance benefits administration, and speaking with new executives on the H&W benefits enrollment process.
Primary Duties
Develops and maintains subject matter expertise in the Exelon H&W Plans and programs including the knowledge of HR Data to understand and determine participant benefits eligibility (in the event of transfers, bargaining unit participation, plan requirements, etc.) assuring accurate and in-compliance administration of Exelon Plans.
Manage and direct Third-party Administrators to assure high-quality on-time deliverables, by the external Vendors, assuring TPA compliance with contractual performance standards, Plan requirements, and applicable legislation. Manage projects (such executive LTD enrollment, group severance, etc.)
Oversee benefits-related processing of deductions, arrears, refunds, and payroll reconciliations, making and validating corrections as necessary.
Provide governance to sub-contractor team members performing benefits operations activities (related to disability certifications/forfeitures, LTD termination communication, severance communications, adoption reimbursement, etc.)
Assists business units, TPAs, and the Employee Service Center in resolving escalated participant issues regarding matters of plan design and administration. Provide benefits legal with research on participant appeals.
Job Scope
Develop/update complete and clear documentation.
Analysis of data and issues in order to perform basic reconciliations or identify issues
Work in a team environment
Interface with and provide management of 2 to 6 external vendors with respect to assuring accurate, on-time deliverables including data interfaces
Make independent decisions, within the scope of the job, collecting the appropriate information and using good judgement
Work with Third-party Administrators and participants as needed to resolve escalated cases and implement changes
Auto req ID
471673BR
Minimum Education Required
High School/GED
Job_Category
Human Resources
Additional Qualifications/Responsibilities
Minimum Qualifications
4-year degree (or equivalent experience) and a minimum of 2 years Health & Welfare employee benefits experience.
Project management skills
Experience With/comparable Skills For Vendor Management
Excellent customer service skills with strong communication skills
Ability to navigate and deliver results oriented work, able to meet established deadlines in fast-paced environment
Strong oral and written communication skills to provide information to ensure it is delivered, received, understood and results in action.
Ability to make decisions based on analysis of relevant information identifying problems, root cause analysis, corrective actions
Strong commitment to teamwork with the ability to work with others to achieve common goals that result in more than what could be done individually
Experience applying sound management principles to maintain workflows, create change and shift paradigms.
Ability to manage and schedule own work to complete on time with high quality
Intermediate excel skills with strong attention to details and ability to perform basic mathematical calculations accurately.
Preferred Qualifications
Certified Employee Benefits Specialist Health & Welfare/401(k) benefits coursework completed
Experience in Corporate Benefits or Third-party Administrator work in benefits administration
Benefits
Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $61,600.00/Yr. – $84,700.00/Yr.
Annual Bonus for eligible positions: 10%
401(k) match and annual company contribution
Medical, dental and vision insurance
Life and disability insurance
Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
Employee Assistance Program and resources for mental and emotional support
Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
Referral bonus program
And much more
City*
Chicago
State*
Illinois
Job Code
Operations_ Specialist
Affiliate Sponsor
Exelon Corporation
Salary Range
$60,000-$75,000
ATTENTION MILITARY AFFILIATED JOB SEEKERS - Our organization works with partner companies to source qualified talent for their open roles. The following position is available to Veterans, Transitioning Military, National Guard and Reserve Members, Military Spouses, Wounded Warriors, and their Caregivers. If you have the required skill set, education requirements, and experience, please click the submit button and follow the next steps.
Unless specifically stated otherwise, this role is "On-Site" at the location detailed in the job post.
Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.
We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 20,000 colleagues strong serving more than 10.7 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).
We're committed to creating an environment where every person can thrive. Our employee experience is grounded in four tenets that guide how we support our people: purposeful careers, growth opportunities, community impact, and support to thrive.
In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.
Are you in?
Primary Purpose
Provide subject matter expertise in the Exelon Health & Welfare Plans and the administration of these Plans, including COBRA, Retiree Health care, disability, FSA/HSA, severance, tuition assistance, adoption and additional plans and programs. Responsibilities include vendor management to assure that the Exelon Plans are administered accurately and in compliance with all applicable Plan and compliance requirements; and providing direction to vendors on processes/participant issues; assuring HW deduction payroll processing accuracy; serving as a contact for HR questions and assistance on escalated participant issues; research for benefits appeals; severance benefits administration, and speaking with new executives on the H&W benefits enrollment process.
Primary Duties
Develops and maintains subject matter expertise in the Exelon H&W Plans and programs including the knowledge of HR Data to understand and determine participant benefits eligibility (in the event of transfers, bargaining unit participation, plan requirements, etc.) assuring accurate and in-compliance administration of Exelon Plans.
Manage and direct Third-party Administrators to assure high-quality on-time deliverables, by the external Vendors, assuring TPA compliance with contractual performance standards, Plan requirements, and applicable legislation. Manage projects (such executive LTD enrollment, group severance, etc.)
Oversee benefits-related processing of deductions, arrears, refunds, and payroll reconciliations, making and validating corrections as necessary.
Provide governance to sub-contractor team members performing benefits operations activities (related to disability certifications/forfeitures, LTD termination communication, severance communications, adoption reimbursement, etc.)
Assists business units, TPAs, and the Employee Service Center in resolving escalated participant issues regarding matters of plan design and administration. Provide benefits legal with research on participant appeals.
Job Scope
Develop/update complete and clear documentation.
Analysis of data and issues in order to perform basic reconciliations or identify issues
Work in a team environment
Interface with and provide management of 2 to 6 external vendors with respect to assuring accurate, on-time deliverables including data interfaces
Make independent decisions, within the scope of the job, collecting the appropriate information and using good judgement
Work with Third-party Administrators and participants as needed to resolve escalated cases and implement changes
Auto req ID
471673BR
Minimum Education Required
High School/GED
Job_Category
Human Resources
Additional Qualifications/Responsibilities
Minimum Qualifications
4-year degree (or equivalent experience) and a minimum of 2 years Health & Welfare employee benefits experience.
Project management skills
Experience With/comparable Skills For Vendor Management
Excellent customer service skills with strong communication skills
Ability to navigate and deliver results oriented work, able to meet established deadlines in fast-paced environment
Strong oral and written communication skills to provide information to ensure it is delivered, received, understood and results in action.
Ability to make decisions based on analysis of relevant information identifying problems, root cause analysis, corrective actions
Strong commitment to teamwork with the ability to work with others to achieve common goals that result in more than what could be done individually
Experience applying sound management principles to maintain workflows, create change and shift paradigms.
Ability to manage and schedule own work to complete on time with high quality
Intermediate excel skills with strong attention to details and ability to perform basic mathematical calculations accurately.
Preferred Qualifications
Certified Employee Benefits Specialist Health & Welfare/401(k) benefits coursework completed
Experience in Corporate Benefits or Third-party Administrator work in benefits administration
Benefits
Annual salary will vary based on a candidate’s skills, qualifications, experience, and other factors: $61,600.00/Yr. – $84,700.00/Yr.
Annual Bonus for eligible positions: 10%
401(k) match and annual company contribution
Medical, dental and vision insurance
Life and disability insurance
Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave
Employee Assistance Program and resources for mental and emotional support
Wellbeing programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement
Referral bonus program
And much more
City*
Chicago
State*
Illinois
Job Code
Operations_ Specialist
Affiliate Sponsor
Exelon Corporation
Salary Range
$60,000-$75,000
Salary : $60,000 - $75,000