We have an immediate opening for an Account Manager in our Employee Benefits Group. Primary responsibility will be managing a book of business for the Employee Benefits Group and providing prompt accurate, courteous service to customers, producers, carriers and colleagues.

The Account Manager is responsible for all aspects of service on assigned book of business. This includes but is not limited to building and developing strong relationships with clients for group retention and maintaining high levels of client satisfaction; reviewing quotes and negotiating comprehensive employee benefits packages at competitive rates with carriers; meeting and consulting with client at renewal time and regular intervals; managing annual renewal process with existing clients, booking annual premium and invoice revenue/commissions; preparing proposals benefit packages and presentations for new and existing group clients; developing and maintaining professional relationships with group clients; interfacing effectively with co-workers, producers, management and clients. Maintaining working knowledge of industry trends & federal guidelines and keeping clients abreast of new laws and updated on changes.

Qualifications: 3+ years' industry experience and Knowledge of Life, Disability, Medical and Dental products and carriers. Knowledge of sales operations, benefits and contracts. Must be proficient in Microsoft Office software including Word, Excel, PowerPoint, and Outlook. Must be detail-oriented and possess strong verbal, written communication and presentation skills organizational skills. Candidate must be self-motivated and have the ability to prioritize and handle multiple tasks & requests simultaneously.

We have an immediate opening for a Benefits Analyst in our Employee Benefit Group. Primary responsibility will be assisting Account Managers in the design, development and recommendations of employee benefit programs and policies ensuring market competitiveness. Gathering and analyzing data to support your recommendations.

MAJOR RESPONSIBILITIES AT THE DIRECTION OF THE ACCOUNT MANAGER:

Assist with the administration, review and compliance of benefit programs.

Perform annual review of programs for competitiveness, cost-effectiveness and compliance.

Prepare recommendations of proposed changes or new benefit program implementation.

Provide cost/benefit analysis for current or potential benefits plans

Ensure programs are current with regard to trends, practices and costs.

Manage relationships with external administrators & vendors.

Manage administrative activities and supports annual compliance reporting

Prepare all governmental filings including 5500's.

Keeping up-to-date on and ensuring compliance with, ERISA, IRS, DOL, HIPAA regulations.

Assist with ad hoc projects related to other benefit and HR related plans including, but not limited to, medical, dental, reimbursement, disability and life as directed.

Maintain working knowledge of industry trends and federal guidelines informed of new laws and updated on changes.

Interface effectively with co-workers, producers, management and clients.

Understand basic knowledge of client's business and benefits needs.

Display a strong sense of teamwork and cooperation to accomplish individual and group goals.

Participate in seminars and classes for skill and knowledge development.

Qualifications

Ideal candidate will have three or more years of benefits experience with at least two years in benefit or financial analysis. Possess solid understanding of benefit-related programs including group insurance; knowledge of federal and state regulations regarding benefits. Knowledge of Life, Disability, Medical and Dental products and carriers as plus. Possess excellent written and oral communication skills; clear project management skills; strong analytical and problem-solving skills.

Must be proficiency with MS Word, MS Excel, MS PowerPoint.

The Benefits Specialist provides assistance to the Compensation, Benefits and HRIS Manager in the administration of compensation and benefits programs through accurate and timely maintenance and processing of employee data, benefits counseling, vendor and employee relationships, and premium reporting and reconciliation.

Specific Responsibilities

• Serves as employees’ main contact regarding day-to-day benefit program administration and issues, including but not limited to:
  Reviews the Bank’s benefit programs with new hires, employees and terminating employees and provides appropriate, timely information and forms as needed.
  Follows-up with employees to ensure timeliness and completeness of documentation. Responds to questions and assists employees as needed.
  Informs benefit providers and vendors of employee enrollments, changes and terminations in written or electronic formats as appropriate and by established deadlines.
  Coordinates Bank-wide or benefit program changes and the annual Open Enrollment process with employees, vendors and internal HRIS and Payroll staff.
  Maintains adequate and updated benefit booklets, forms and information.
  Coordinates various leave policies and regulations, including providing information to employees, tracking, documenting, and ensuring appropriate pay status.

• Completes monthly and annual reports for various Bank benefit programs including but not limited to medical, dental, life, long-term disability, defined contribution, defined benefit, transportation subsidies, fitness subsidies, such as:
  Reconciles benefit deductions to vendor, HRIS, payroll and general ledger records, researches discrepancies and takes appropriate, timely action to adjust discrepancies on payroll, the general ledger and vendor records as necessary. Works with Accounting Control, internal HR staff, vendors and employees to identify and reconcile discrepancies. Follows-up to ensure adjustments are completed and outstanding items cleared and maintains appropriate records and documentation.
  Processes timely payment of associated premiums.
  Compiles data and completes annual and periodic reports for plan vendors to update plan participant information.

• Inputs employee benefits data and actions accurately and timely into HRIS system and generates regularly scheduled reports. May develop or modify reports on an as-needed basis.
Coordinates and verifies changes with Payroll Department bi-monthly.

• Work with Administrative Services Assistant to ensure that employee records are scanned and placed in employee folders in an orderly fashion and on a timely basis.
• Assists the Compensation, Benefits and HRIS Manager in the continuous review and monitoring of benefit plans to ensure legal compliance, accuracy, cost-effectiveness and competitiveness including:

Completes various benefit and/or compensation surveys as needed.
Analyzes benefit trends, surveys and costs.
Completes various reports on benefit plans and may analyze data.
Responds to requests from auditors and examiners for detailed information as required.

• Assists in annual and on-going employee communications to ensure employees understand and value total compensation and benefits.
• Maintains courteous and confidential relationship with employees, consultants, vendors, other entities and agencies, within and outside the FHLB System, and with other members of the HR staff with an emphasis on collaboration.
• Stays abreast of emerging trends and legislative initiatives that may impact the Bank’s benefit programs.
• Provides back-up for other departmental personnel and Compensation/HRIS Specialist.
• Performs other duties and may serve as team member as assigned.

Qualifications

• Demonstrated computer skills, including Lotus, Word, Excel and HRIS system. Ceridian experience helpful.

Education

• Bachelor’s preferred.

Experience

• Must have two to four years experience administering a wide variety of employee benefit programs. PHR and/or work toward CEBP designation a plus.

An Equal Opportunity Employer

Please send or fax a resume with salary requirements to:

Employment Manager

Federal Home Loan Bank of Boston

111 Huntington Avenue, 24th Floor

Boston, MA 02199

Fax: 617.375.2241

Email: careers@FHLBBoston.com

• Manages the strategy development, design, financial analysis and compliance of all of corporate benefit programs, including health and welfare, retirement and executive benefits. Recommends new and or improved employee benefit plans and cost-savings measures.
• Ensures compliance with all legal requirements. Supports VP. Employee Benefits with consultation on benefit matters to senior executive team and Pension Committee.

Essential Duties and Responsibilities:

• Designs and provides financial oversight of all US employee benefit programs which comprise: Health and welfare plans include medical, prescription drug, dental, EAP, life, disability; retirement includes, 401(k), US and global pension plans and ESPP plan and executive benefits includes supplemental life, disability and nonqualified deferred compensation.
• Works closely and partners with Director, Benefits Administration and team to effectively deliver benefits
• Manages current benefit programs and aligns them with company and business objectives. Required to assess current programs and systems against business trends to ensure strategic business fit.
• Reviews the financial performance of all plans measured against plan metrics set and maintained by benefits team.
• Analyzes existing benefits policies and prevailing practices among similar organizations to establish competitive benefits programs.
• Identifies all consequences of any benefit change considering multiple constituencies - company, sector level, business unit, internal functions (tax, legal, audit etc.) i.e. be proactive with change not reactive.
• Oversees the implementation, communication and legal soundness of all benefits and 401(k)programs. Works closely with the Director, Benefits Administration to ensure smooth operations of all benefits.
• Serves as a resource to division HR contacts regarding all facets of benefits administration and compliance
• Works with the HRIS team to assure proper support and to identify current and future benefits teams HRIS needs
• Develops, maintains and reports statistical data regarding current plans, proposed changes, costs/expenditures and delivery methods
• Communicates and administers various company benefit plans to effectively produce positive employee reactions through good employee understanding and prompt and accurate administrative services.
• Interfaces with and manages performance of outsourcing partner/vendor.
• Monitors and analyzes tax and governmental legislation, economic trends as they relate to company plans to ensure continued and accurate compliance.
• Interfaces with all corporate functions and maintain close interaction with treasury, financial reporting, legal and accounting.
• Provide leadership, supervision and guidance to staff of five serving as a problem solver, mediator and coach. Carries out supervisory responsibilities in accordance with the company's policies and applicable laws. Interviews, hires and trains employees; plans, assigns and directs work; assesses performance and takes the necessary action to achieve peak performance. Coaches employees relative to career and team development.

Minimum Requirements/Qualifications:

• 10 to 15 years progressive experience in Pension Plans including funding and compliance
• 10 to 15 years progressive experience in Health and Welfare Plans including financial analysis, design, healthcare management and strategy
• Excellent financial acumen
• Ability to effectively manage vendor relationships to achieve business synergies
• Strong negotiating skills
• Ability to manage competing requirements throughout the organization
• Effective presentation skills
• Proven ability to build and lead a team of benefits professionals
• Ability to influence others in a service-oriented environment
• At least a 4 year degree in liberal arts or business
• CEBS designation desired

Leads retirement plan activities for both qualified and non-qualified plans. Current retirement plans include 401(k) plans, defined benefit plans both frozen and active and nonqualified deferred compensation plans. Responsibility for the day to day operation, including all administrative functions of said plans. The senior benefit analyst will develop, recommend and implement approved changes for qualified and non-qualified plans. Creates a working environment focused on excellence in service delivery, effective and efficient business processes.

Minimum Requirements/Qualifications:

Educational Qualifications:

• BA/BS required
• CEBS PHR/SPHR/or other Professional Certifications desirable

Experience Qualifications/Skills:

• 8-10 years experience of increasing responsibility in benefits with minimum six years related to defined benefit/defined contribution management
• Strong knowledge and understanding of defined contribution and defined benefit retirement plan designs
• Strong analytical skills with ability to develop plan metrics, intrepret data, recognize trends in plan data and assist others in interpreting and identifying trends, develops materials to present and correct data issues
• Capable of identifying trends in marketplace to keep benefit programs current.
• Ability to research, analyze, and evaluate benefit issues; resolve plan interpretation issues, investigate possible changes or additions to benefit plans
• Serve as a liason with outside auditors for annual ERISA audits of all retirement plans
• Ability to partner with third party vendors utilizing influencing skills to maximize outcomes for the plan
• Proven track record of vendor management including measuring current vendor(s) against contractual performance guarantees, determining when market evaluation of vendors is needed and project managing a vendor selection process.
• Computer skills and the ability to learn vendor systems; experience with T. Rowe Price defined benefit administration
• Develops project plans, coordinates projects, communicates changes and progress, completes projects on time, and manages project team activities.
• Possess strong communication skills both written and oral.
• Ability to develop solid and positive professional relationships with upper management, subordinates and peers
• Self motivated; bias for action

Performance Management

• Manage team members in their activities and projects
• Review accuracy of work produced or maintained by other staff

Compliance:

• Work with legal, actuaries and vendors regarding compliance requirements
• Guide finance department regarding funding payments
• Coordinate the preparation of IRS Form 5500 for all retirement plans
• Assure adherence to all federal and state laws, regulations and plan policies
• Maintain knowledge on legislative updates affecting retirement plans

The University System of New Hampshire (USNH) seeks a talented individual to join its Human Resource team as an 80 percent time Benefits Analyst. USNH is a public four year higher education system in the state and consists of the University of New Hampshire, Keene State College, Plymouth State University, and Granite State College.

Responsibilities include managing the retiree medical insurance program and compliance with federal/state laws and regulations, developing and implementing procedures for streamlining compliance and vendor recordkeeping requirements. Assist in the development of special reports by researching and selecting relevant information from a variety of sources. The work involves considerable internal and external contacts, difficult non-routine tasks, and access to confidential information.

QUALIFICATIONS REQUIRED: Bachelor's degree and three years of related benefits and human resources experience or combination of Bachelor's degree and related experience equal to seven years. Knowledge of administrative data processing, accounting methods and ability to lay out information. Interpersonal skills: ability to work well with many people at all levels, and have a strong team approach. Organizational ability: ability to prioritize work, to keep track of multiple details, meet high standards for productivity and accuracy and work independently with minimal supervision.

DESIRABLE QUALIFICATIONS: Experience in a college/university environment, advanced computer skills and experience with an automated HRIS (i.e., Banner).

COMPENSATION: Benefits eligible, Salary Range: 16 starting salary normally not to exceed $35,050.00.

The University System of New Hampshire is an equal opportunity, affirmative action employer. Candidates of all backgrounds are encouraged to apply.

To apply please for this position go to www.unhjobs.edu.

Information about USNH is available at http:www.usnh.edu

The Benefits Representative is part of a call center team within the Benefits Services Group in the Office of Human Resources. The incumbent spends a majority of their time answering questions from faculty and staff regarding employee benefit programs (including medical, dental, disability, life insurance, retirement and savings plans, Flexible Spending Accounts and Tuition Assistance Plans); 80% of these employee inquiries are via the phone. The Benefits Representative functions as the first source of information to callers and walk-ins; a liaison between the University community and the department Consultants. Responsible for entering and retrieving data from a variety of databases within the unit and may also be responsible for on-going processing tasks and time-sensitive projects. Performs a variety of complex and routine support tasks. Must enjoy a fast-paced team environment in order to ensure success within the unit.

BASIC QUALIFICATIONS:

Minimum three years of employee benefit related experience; ability to handle complex, confidential material. Strong interpersonal skills required along with exceptional written and verbal communication skills. Proven ability to work independently in a fast paced environment, to effectively handle competing priorities and multiple tasks, and work effectively within a close team environment. Ability to learn benefit plan design, policies and University practices. Capacity to answer a variety of customer questions and judge when appropriate to pass along the caller to the Consultant level. Knowledge of word process, spreadsheets, email necessary.

MIT Human Resources (HR) seeks a Director of Benefits and Compensation to assume strategic leadership for benefits (75%) and compensation (25%) programs for roughly 10,000 employees and 5,000 retirees.

In partnership with the Vice President for HR and in collaboration with MIT leadership, will lead the strategic review, design, and implementation of $218 million benefits and compensation programs designed to attract, retain, and engage current staff and prepare for future workforce trends. Will ensure compliance with legal requirements; monitor and analyze tax and governmental legislation and economic trends; provide day-to-day oversight of the Employee Benefits and Compensation offices and supervise functional area managers; and act as a critical component of HR's leadership team.

REQUIREMENTS: A bachelor's degree (master's a plus); a minimum of ten years'

experience in planning and administration of a wide variety of employee benefit plans and compensation programs; deep knowledge of current benefits trends/practices; in-depth knowledge of all federal and state compensation-related laws, regulations, and reporting requirements and new practices/developments in the field of compensation administration and design; thorough understanding of job classification practices, survey methods, and data analysis; spreadsheet and database software expertise; financial acumen; demonstrated ability to thoughtfully and positively influence, lead, and manage change; and leadership experience in a large, complex environment. Must demonstrate ability to clearly present complex information, and possess strong project management skills and a proven track record of completing assignments/projects on time and on budget. Experience working with outside legal counsel and consultants and negotiating with and managing vendors required. Broad understanding of benefits-related legal and governmental programs expected, including HIPAA. Strong collaborative and interpersonal skills needed.

Interested candidates may apply on-line at http://web.mit.edu/jobs. Please reference job number mit-00005103.

MIT is an equal opportunity/affirmative action employer. Applications from women, minorities, veterans, older workers, and individuals with disabilities are strongly encouraged.