Benefit Specialist III

Benefit Specialist III

Headquarters Full Time 66,940.00 - 89,250.00 (Annually)

Benefits

• Join a company committed to making a positive impact in the community
• Receive a competitive salary
• Enjoy comprehensive medical, prescription, dental, and vision coverage starting on your first day
• Earn 4 weeks of paid time off (PTO) each year
• Take advantage of 10 paid holidays annually — plus a floating holiday to celebrate your birthday
• Contribute to our company-sponsored 401(k) retirement plan
• Access supplemental benefits through Unum, including off-the-job accident, critical illness, whole life, and hospital indemnity insurance
• Participate in our wellness program, which includes free health screenings
• Use our Employee Assistance Program (EAP) for confidential support and resources
• Bi-State Development is an eligible employer for the Public Service Loan Forgiveness (PSLF) program
• Get exclusive gym discounts at Club Fitness, The Edge Fitness Clubs, and OneLife Fitness at Ballpark Village
• Work out anytime at one of our nine onsite gyms, available 24/7
• Enjoy free MetroLink and MetroBus access
• Save with discounted cell phone plans

Let us support your well-being and professional growth while making a difference!

Job Summary

The Benefit Specialist III supports Bi-State Development's health, welfare, and retirement benefit programs for employees, retirees, and their dependents. This position counsels individuals on benefit options, manages eligibility and data accuracy, and ensures compliance with internal policies and governmental regulations. This role also assists with benefit strategies through system configuration and vendor coordination.

Job Responsibilities

• Provides expert support on medical, pharmacy, dental, vision, flexible spending accounts (FSA), employee assistance programs (EAP), wellness, life, disability (including Accident, Illness, short- term disability, long-term disability), and time-off benefits (paid time off, vacation, sick leave).
• Interfaces with third-party administrators regarding 401(k) and pension retirement plans as needed.
• Communicates Company policies and procedures to participants, customers, vendors, and organizations.
• Collaborates with benefit team, HR, Payroll, Labor Relations/Absence Management, and external partners for inquiry support.
• Develops and updates materials for employee benefit programs and processes documentation for qualifying life event changes.
• Maintains and updates internal and vendor systems for benefits changes (e.g., open enrollment, life events, transfers, terminations, retirements).
• Ensures compliance with Health Insurance Portability and Accountability Act (HIPAA) rules and Company record retention policies for electronic and paper benefit records.
• Conducts new hire orientation, open enrollment, and retirement health plan education sessions.
• Ensures system integrity for internal processing and outbound enrollment/eligibility file transmissions, resolving vendor system errors.
• Collaborates with internal and external resources to implement or modify benefits, including system setup and data transmission protocols.
• Functions as business analyst for health, welfare, and retirement benefit system projects, including crafting test plans and providing training/documentation.
• Audits and reconciles enrollment data using reports and tools to ensure accuracy of benefits eligibility, enrollment, and contributions.
• Offers expertise and guidance to Benefits Specialists and stays updated on regulations impacting employee benefits.
• Processes Consolidated Omnibus Budget Reconciliation Act (COBRA) notifications and enrollments, as well as HealthCare Flexible Spending Account/Dependent Care Flexible Spending Account (HCFSA/DCFSA) enrollments via third-party systems.

Knowledge, Skills, and Abilities

• Expert understanding of employee benefit programs, including medical, pharmacy, dental, vision, life, and disability plans.
• Comprehensive knowledge of 401(k) and defined benefit pension plans.
• Working knowledge of Federal and State health plan programs and regulations to include Medicare, Medicaid, Health Insurance Portability and Accountability Act (HIPAA), COBRA, Family and Medical Leave Act (FMLA), and Patient Protection and Affordable Care Act (PPACA).
• General knowledge of benefit coordination processes.
• Understanding of financial accounting principles.
• Proficiency in numerical data analysis and financial calculations.
• Expertise in Company policies, procedures, and overall benefit packages.
• Advanced proficiency in Microsoft Office suite, including Outlook, Word, Excel, and PowerPoint.
• Strong interpersonal and communication skills to effectively handle sensitive employee relations matters.
• High-level ability to prioritize tasks, manage workloads, and meet deadlines.
• Ability to interpret and apply health plan regulations and benefit coordination practices.
• Capability to communicate effectively with internal and external stakeholders, both orally and in writing.
• Skill in managing complex projects and executing tasks with accuracy and timeliness.
• Proficiency in working with the human resources information system (HRIS) system and providing end-to-end management of additions and changes to the Oracle OAB application.

Compensation

66,940.00 - 89,250.00 (Annually)

Employment Type

Full Time

Location

Headquarters

Education

Minimum High School or GED - Preferred 4 Year / Bachelors Business Business administration, health care Degree administration, human resources, or related field

Experience

5 years Minimum of (5) years of related professional experience in healthcare or benefits administration.

Equal Employment Opportunity (EEO)

Bi-State Development is proud to be an Equal Opportunity Employer.

Compensation Disclosure

Bi-State Development is committed to ensuring all employees are compensated fairly. The salary range provided reflects our current expectations for this position.