Benefits Administrator

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:

• Manage the day-to-day operations of self-funded health insurance plans, including medical, dental, vision, and other health-related benefits.
• Coordinate with TPAs to ensure accurate and timely processing of claims.
• Oversee the enrollment, renewal, and termination processes for all benefit plans.
• Ensure proper documentation and record-keeping for all benefits-related activities.
• Ensure compliance with all federal and state regulations, including ERISA, ACA, HIPAA, and other relevant laws.
• Prepare and file required reports and documentation to regulatory agencies.
• Stay updated on changes in benefits regulations and implement necessary changes to maintain compliance.
• Analyze and monitor benefits costs, identifying trends and areas for cost containment.
• Collaborate with TPAs and healthcare providers to negotiate contracts and manage provider networks.
• Implement strategies to optimize the cost-effectiveness of benefits programs.
• Develop and deliver communication materials to educate employees about benefit plans, enrollment processes, and changes.
• Conduct benefits orientation sessions and provide ongoing support to employees with benefits-related inquiries.
• Utilize data analytics to monitor plan performance, identify cost drivers, and recommend improvements.
• Prepare and present reports on benefits utilization, costs, and employee satisfaction.
• Maintain accurate and confidential records of employee benefits information.
• Manage relationships with TPAs, healthcare providers, and other benefits vendors.
• Evaluate vendor performance and ensure they meet contractual obligations and service level agreements.

Requirements:

• Bachelor's degree in Human Resources, Business Administration, or a related field.
• Minimum of 5 years of experience in benefits administration, with a focus on self-funded plans.
• Strong knowledge of federal and state benefits regulations, including ERISA, ACA, and HIPAA.
• Experience with data analysis and benefits cost management.
• Excellent communication and interpersonal skills.
• Proficiency in benefits administration software and Microsoft Office Suite.
• Strong organizational and problem-solving abilities.
• Certified Employee Benefit Specialist (CEBS) or similar certification is a plus.

Physical Requirements:

• Lifting up to 25 lbs. may be required infrequently.
• Must be able to remain in a stationary position 50% of the time.
• Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.

Benefits

• Medical, dental, life and vision insurance
• 401(k) Retirement Plan and Match
• Paid Time Off
• 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.