Benefits Consultant Responsibilities and Duties

Posted in Job Responsibilities

Offer input data to strategically plan Group Benefit Department.
Conduct and monitor client DOL/ERISA filing preparation and submission.
Develop, coordinate and evaluate benefit plans to clients with varied funding arrangements.
Establish professional business relationship with markets, service providers and insurance companies.
Generate new sales by creating and maintaining prospects.
Oversee routine benefit area operations to ensure equitable and timely benefit program administration.
Conform and comply with DOL, ERISA and state regulations pertaining to benefit laws.
Negotiate with vendors regarding contractual rates by reviewing contracts as against organization’s performance standards.
Benefit staff for health, welfare benefits and pension issues.
Conduct regular consultation with external consultants, government agencies and legal counsel to design, communicate and comply with issues.
Review existing benefits program and execute base and variable pay components to achieve business initiatives.
Establish measurements to guarantee effectiveness of programs.
Research, evaluate and revise current procedures for upgrading to new requirements.
Research, identify and execute creative solutions and best practices to enable process improvement.
Create professional relationship with management and staff to achieve business goals and coordinate with HR to reinforce HR strategies.

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