Provide primary oversight of mid- and large- group employer benefits markets. The ideal candidate will possess the following core competencies: A strong knowledge of the regulatory environment for employee benefits and experience in an employee benefit advisory agency/broker practice, carrier, or administrator market required. Proficiency in all funding programs (i.e. fully insured, self-funded, level funded, captive arrangements, etc.) and tax-advantaged account management (i.e. health reimbursement arrangement, flexible spending accounts, etc.) is helpful.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Assist with the validation of enrollment, claims and fixed fees for the data analytics system.
Collaborate with the clinical, communications, data analytics, underwriting, actuarial, etc. teams in the review of plan performance and the development of strategies to mitigate risk.
Oversee the collection and reporting of benchmark comparisons to industry, employee size and geographical span for each line of business.
Keep client abreast of all reporting and testing obligations (i.e. ACA, Form 5500, Non-Discrimination Testing, Online CMS Form, Imputed Income, Statutory Disability, Medicare Part D Creditable Coverage and Minimum Value Attestations, etc.) pertaining to employee benefits.
Obtain copies of all governing documents, disclosures and service agreements (i.e. Policies, Certificates, Adoption Agreements, Summary Plan Descriptions, Plan Documents, Wrap Plans, Business Associate Agreements, Administrative Service Agreements, Compensation Disclosures, Summary of Benefits and Coverage, Health & Welfare Notices, Summary Annual Reports, etc.) and ensure each instrument aligns with the current business practice of the client and the regulatory environment.
Coordinate the development of communication pieces (i.e. Benefits-at-a-Glance, Benefit Guides, Open Enrollment Presentations, Post Cards, Newsletters, Flyers, Posters, etc.) in support of employee education across all benefit plans.
Serve as the liaison to all subject matter experts in the design, implementation, oversight and evaluation of employer sponsored voluntary wellness programs.
Maintain consistent contact with all clients to ensure service and support needs are being met.
Collaborate with all parties in resolving service issues not consistent with quality standards or acceptable levels of practice.
Stay abreast of all carrier, administrator and vendor operational requirements and "value-added" services.
Manage the strategic planning process for renewals, implementations, proposals and ongoing maintenance for all benefits and support services.
Collect, manage and maintain data for all employee benefit plans in the client management system and adjoining document repository.
Attend benefit fairs, open enrollment meeting, group or one-on-one sessions, etc. based on client preferences.
Source new employee benefit offerings and point solution providers (i.e. Communication & Education, Health Advocacy & Cost Transparency Solutions, Chronic Condition Management, Case Management, Pain Management, Diabetes Management, Utilization Management, Centers of Excellence, Telemedicine, Dialysis, Weight Management, Tobacco Cessation, Maternity Management, Employee Assistance Programs, Care Coordination, Third Party Administrators, HSA Custodians, COBRA Administration, Benefit Administration Systems, HIPPA Privacy & Security, Pharmacy Benefit Managers, Stop Loss Insurance, Leave Management, Supplemental & Worksite Benefits, etc.) in support of client needs and interest.
Assist in the development of stewardship reporting, where applicable.
Perform other related duties as required.
EDUCATION AND/OR EXPERIENCE
Bachelors degree in a related field.
2+ years of related experience and/or training.
Equivalent combination of education and experience.
KNOWLEDGE, SKILLS, AND ABILITIES
Excellent verbal, written and organizational skills and strong attention to detail.
Self-motivated with the ability to work independently in a fast-paced environment.
Ability to prioritize and handle multiple tasks simultaneously.
Analytical, critical thinking and problem solving skills with the ability to determine the appropriate action.
Process management skills.
Establish and maintain effective working relationships at all levels of the organization.
Proficient in Microsoft Office Suite or similar software, with the ability to learn and utilize industry specific software as required.
Ability to maintain confidentiality.
Demonstrated reliability in attendance and work performance.
CERTIFICATIONS, LICENSES, AND REGISTRATIONS
Appropriate insurance licenses in each state where business is being solicited.
REQUIRED TESTING
Microsoft Word
Excel
PowerPoint
Numbers & Facts
Location
Fayetteville, AR
Industry
Financial Services
Company Size
1,000 to 1,499 employees
Year Founded
1933
Website
https://www.stephens.com/
About Company
We are an independent financial services firm with the freedom to focus on what matters most: building value for our clients. We are committed to establishing and maintaining long-term relationships based on integrity and trust and delivering long-term results based on deep research and independent thinking.
Skills
Actuarial Skillsunmatched
Analysis Skillsunmatched
Benchmarkingunmatched
Brokerageunmatched
Business Planunmatched
Business Practicesunmatched
COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985)unmatched
Case Managementunmatched
Centers for Medicare and Medicaid Services (CMS)unmatched
Compensation and Benefitsunmatched
Contact Managementunmatched
Customer Support/Serviceunmatched
Data Analysisunmatched
Data Managementunmatched
Detail Orientedunmatched
Diabetesunmatched
Dialysisunmatched
Documentation Planunmatched
Employee Assistance Planunmatched
Employee Benefitsunmatched
Establish Prioritiesunmatched
Flexible Spending Accountsunmatched
Flyersunmatched
Fundingunmatched
HIPAA (Health Insurance Portability and Accountability Act)unmatched
Healthcare Reimbursementunmatched
Industry-Specific Softwareunmatched
Insuranceunmatched
Medicareunmatched
Microsoft Officeunmatched
Microsoft PowerPointunmatched
Microsoft Wordunmatched
Multitaskingunmatched
Newsletterunmatched
Organizational Skillsunmatched
Pain Managementunmatched
Pharmacyunmatched
Presentation/Verbal Skillsunmatched
Privacy Controlsunmatched
Problem Solving Skillsunmatched
Process Managementunmatched
Project/Program Coordinationunmatched
Quality Metricsunmatched
Regulationsunmatched
Risk Managementunmatched
Sales Managementunmatched
Stewardshipunmatched
Stop Loss Insuranceunmatched
Strategic Planningunmatched
Telemedicineunmatched
Underwritingunmatched
Utilization Managementunmatched
Weight Managementunmatched
Writing Skillsunmatched
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