Job Title: Benefits Administrator
Company: Lonestar Electrical Supply
Location: Texas
Job Type: Full-time
EEO Class: Administrative Support Workers
VETERANS ARE ENCOURAGED TO APPLY
Lonestar Electric Supply is looking for a Benefits Administrator who will be responsible for the administration, compliance, and communication of our self-funded employee benefits plans. This role requires a deep understanding of self-funded insurance, excellent organizational skills, and the ability to manage complex benefit programs. The Benefits Administrator will report directly to VP of HR and work closely with internal stakeholders, third-party administrators (TPAs), and healthcare providers to ensure the smooth operation and continuous improvement of our benefits offerings.
Responsibilities:
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Manage the day-to-day operations of self-funded health insurance plans, including medical, dental, vision, and other health-related benefits.
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Coordinate with TPAs to ensure accurate and timely processing of claims.
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Oversee the enrollment, renewal, and termination processes for all benefit plans.
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Ensure proper documentation and record-keeping for all benefits-related activities.
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Ensure compliance with all federal and state regulations, including ERISA, ACA, HIPAA, and other relevant laws.
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Prepare and file required reports and documentation to regulatory agencies.
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Stay updated on changes in benefits regulations and implement necessary changes to maintain compliance.
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Analyze and monitor benefits costs, identifying trends and areas for cost containment.
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Collaborate with TPAs and healthcare providers to negotiate contracts and manage provider networks.
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Implement strategies to optimize the cost-effectiveness of benefits programs.
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Develop and deliver communication materials to educate employees about benefit plans, enrollment processes, and changes.
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Conduct benefits orientation sessions and provide ongoing support to employees with benefits-related inquiries.
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Utilize data analytics to monitor plan performance, identify cost drivers, and recommend improvements.
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Prepare and present reports on benefits utilization, costs, and employee satisfaction.
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Maintain accurate and confidential records of employee benefits information.
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Manage relationships with TPAs, healthcare providers, and other benefits vendors.
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Evaluate vendor performance and ensure they meet contractual obligations and service level agreements.
Requirements:
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Bachelor's degree in Human Resources, Business Administration, or a related field.
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Minimum of 5 years of experience in benefits administration, with a focus on self-funded plans.
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Strong knowledge of federal and state benefits regulations, including ERISA, ACA, and HIPAA.
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Experience with data analysis and benefits cost management.
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Excellent communication and interpersonal skills.
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Proficiency in benefits administration software and Microsoft Office Suite.
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Strong organizational and problem-solving abilities.
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Certified Employee Benefit Specialist (CEBS) or similar certification is a plus.
Physical Requirements:
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Lifting up to 25 lbs. may be required infrequently.
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Must be able to remain in a stationary position 50% of the time.
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Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.
Benefits
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Medical, dental, life and vision insurance
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401(k) Retirement Plan and Match
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Paid Time Off
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Specified Holiday Pay
Disclaimer:
This job description is a general outline of the day-to-day duties to be expected and may not cover all job responsibilities that may be assigned by management.