Benefits Administrator

Overview:

PharmScript is one of the nation’s leading pharmacies, partnering with long-term and post- acute care facilities to supply medications to thousands of residents and patients. When you join the PharmScript family, you join the ranks of more than 2,000 dedicated people across the country who help to get safe, accurate, and timely medication to those who need it most.

Job Summary:

The benefits administrator position is responsible for directing and planning the day-to-day operations of group benefits programs (group health, dental, vision, short-term and long-term disability, worker's compensation, life insurance, travel and accident plan, flexible spending plan, retirement plans, etc.). This position provides excellent customer service and designs quality benefits plans. The administrator continually investigates new benefits programs, improves existing programs, and supervises and monitors benefits administration.

Responsibilities:

Research employee benefits plans and vendors to identify those that present the best value.

Design, recommend and implement new benefits programs. Examine possible plan designs and benefits cost changes.

Negotiate with vendors and administrators for the best plans, options, and rates.

Serve as primary contact for plan vendors and third-party administrators.

Coordinate transfer of data to external contacts for services, premiums, and plan administration.

Evaluate and revise internal processes to reduce costs and increase efficiency.

Document and maintain administrative procedures for assigned benefits processes.

Ensure compliance with applicable government regulations. Ensure timeliness and accuracy of required reporting and fees.

Coordinate daily benefits processing. Handle enrollments, COBRA, terminations, changes, beneficiaries, disability, accident and death claims, rollovers, QDROs, QMCSOs, distributions, loans, hardships, and compliance testing.

Oversee maintenance of employee benefits files, maintain group benefits database and update employee payroll records.

Gather employee data and oversee the processing of monthly billings and the preparation of vouchers for payment of administrative fees for all group plans.

Allocate group health and dental claims monthly and review quarterly.

Audit the accuracy and performance of functions performed by benefits staff.

Analyze current benefits, evaluating the use, services, coverage, effectiveness, cost, plan experience and competitive trends in benefits programs, and identify the company's stance.

Perform plan audits. Prepare, collect, and organize data for actuarial assessments. Review data in conjunction with actuarial evaluation task forces.

Review both short- and long-range cost estimates/projections and relevant statistical analyses regarding modifications in benefits programs and implementation of new programs.

Survey industry trends. Complete benefits surveys and review information obtained from the results. Analyze complex benefits information. Forecast trends and assist with future benefits designs. Develop specific recommendations for review by management.

Monitor administrative costs of benefits programs and recommend cost containment strategies, including alternative methods for administration and funding. Prepare budgetary recommendations and assist in the monitoring, verifying, and reconciling of budgeted funds.

Provide customer service support to internal and external customers. Develop communication tools to enhance understanding of the company's benefits package.

Design and distribute materials for benefits orientations, open enrollment, and summary plan descriptions. Provide training and support to group benefits associates, home office associates and the field staff.

Qualifications:

Bachelor's degree in human resource management or related field, and three to five years of related benefits or employee benefits administration experience.

SHRM-CP or SHRM-SCP and CEBS professional designations preferred.

Computer proficiency and technical aptitude with the ability to use Microsoft products, including PowerPoint; experience with HRIS and benefits databases.

Project and team management/leadership skills and experience.

Proven ability to work effectively in a team environment with associates.

Effective planning and priority setting. Ability to manage several complex projects simultaneously while working under pressure to meet deadlines.

Strong analytical skills and a thorough knowledge of plan designs.

Ability to understand, evaluate and make judgments on proposals (RFPs).

Knowledge of benefits contract language.

Knowledge of all pertinent federal and state regulations, filing and compliance requirements, both adopted and pending, affecting employee benefits programs, including the ACA, ERISA, COBRA, FMLA, ADA, Section 125, workers' compensation, Medicare, OBRA, and Social Security and DOL requirements.

Excellent communication and organization skills.

Physical Demands and Work Environment:

Prolonged periods sitting at a desk and working on a computer.

Must be able to lift up to 15 pounds at a time.

Knowledge, Skills, and Abilities:

Strong problem-solving skills

Effective communicator

Quick and independent learner

Availability to work overtime, holidays, and weekends as needed

We Offer:

PharmScript offers a robust suite of benefits to support employees and their families.

Health and Wellness Benefits

Medical, Prescription Drug, Dental, and Vision coverage for you and your eligible dependents

Maternity care program and infertility services

Tax-favored Health Savings Accounts, Healthcare, and Dependent Care Flexible Spending Accounts.

EAP Assistance Program with 24/7 access to free counseling, legal guidance, and financial resources

Paid Time Off and Holidays

15 PTO days annually and 6 paid/floating holidays

Retirement Planning

401(k) retirement planning with company match

Commuter Benefits

Transit/Parking Spending Account

Voluntary Benefits

Employee Life and Accidental Death & Dismemberment, Short/Long-term Disability, Critical Illness, Accident, and Hospital Indemnity plans are available for you and eligible dependents,

Other Perks and Benefits

Legal & Identity Theft Protection Programs

Employee Discounts: Instant savings on hundreds of products and services

Pet Insurance

Employee Support Program to eligible employees in times of urgent need

Pay Transparency:

To reinforce our commitment to fair and equal pay transparency, PharmScript’s compensation is based on multiple non-discriminatory, individualized factors including but not limited to experience, job-related knowledge, education, skills, and office/market location.

EEO Statement:

PharmScript is fully committed to employing a diverse workforce. We recruit and retain talented individuals without regard to gender, race, age, marital status, disability, veteran status, sexual orientation and gender identity or any other status protected by federal, state, or local law.

EO/Minorities/Females/Disabled/Veterans

Min:

USD $70,000.00/Yr.

Max:

USD $80,000.00/Yr.

Permanent