What are the responsibilities and job description for the Compensation and Benefits Specialist position at Keystone Agency Partners?
About Keystone Agency Partners
At Keystone Agency Partners (KAP), we strive to provide best-in-class services and capital investment to unlock potential and deliver outsized and profitable growth within our platform agencies. Our unique approach has enabled us to establish ourselves as a rapidly growing insurance brokerage platform in the United States.
Job Summary:
We are seeking an experienced Benefits Manager to join our team. As a key member of our HR department, this individual will be responsible for developing, implementing, administering, and maintaining our benefits programs. This includes health, dental, vision, HSA, life, AD&D, short and long-term disability, FMLA, 401(k), worker's compensation, and other benefits-related programs.
Key Responsibilities:
- Develop and implement effective benefits strategies to attract and retain top talent.
- Collaborate with vendors and external partners for benefits administration.
- Communicate benefits information to employees through various channels.
- Manage benefits enrollment and open enrollment events.
- Ensure compliance with relevant laws and regulations.
- Provide excellent customer service to employees and management.
Requirements:
- Bachelor's Degree in Human Resources, Business Administration, or related field highly desired.
- Minimum of 5-7 years of benefits administration and compliance experience required; previous experience with self-funded insurance plans highly desired.
- Experience managing the administration aspects of health and welfare benefits programs (health, dental, vision, HSA, life, AD&D, short and long-term disability), 401(k), FMLA, and worker's compensation.
- Working knowledge of ERISA, 401(k), and all applicable laws and compliance regulations surrounding health and welfare benefits administration, including but not limited to ADA, FMLA, FLSA, FMLA, ERISA, OSHA, COBRA, PPACA, HIPAA, etc.
- Well-versed on benefits regulations; routinely seeks out new and updated information to stay up to date.
- Proficiency with Microsoft Office Suite and HRIS software.
- Certified Benefits Professional (CBP) or Certified Employee Benefits Specialist (CEBS) preferred.
- Highly responsive and customer service oriented.
- Excellent communication skills, both verbal and written.
- Entrepreneurial spirit and a solution-oriented mindset.
- Strong analytical and problem-solving skills; ability to analyze data, understand trends, and develop recommendations for action based on analysis.
- Strong organizational skills with attention to detail and accuracy, as there is a high level of complexity with benefits pricing schedule variations company-wide.
- Ability to work in ever-changing, dynamic environments; company is acquiring new entities very regularly, resulting in a high volume of new enrollments.
- Ability to handle confidential information with discretion and professionalism.
- Willingness to work extra hours during peak enrollment periods.
What We Offer:
- Competitive Salary
- Health Insurance Plans (PPO, HSA, Copay Options)
- Dental Insurance
- Vision Insurance
- Company Paid Disability Insurance
- Supplemental Insurance including Critical Illness, Accident, Legal, Pet Insurance
- 401(k) with Safe Harbor Match
- Paid Time Off
- Paid Holidays
No Solicitation Notification to Agencies: Please note that Keystone Agency Partners and our Partner Agencies do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement and approval from HR to submit resumes for a specific requisition, Keystone Agency Partners will not consider or approve payment to any third parties for hires made.
