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We are looking for an experienced Benefits & Renewals Specialist to join our team on a long-term contract basis. This role is based in Northbrook, Illinois, and requires a hybrid work schedule of three days in-office and two days remote. The ideal candidate will be responsible for managing group insurance renewals, overseeing employee benefits administration, and ensuring seamless operations through effective use of Prism HR software.
Job Responsibility:
Gather and submit employee census data to insurance carriers to secure competitive quotes
Analyze and compare benefits plans, detailing costs, coverage options, networks, and compliance requirements
Provide ongoing support to clients by addressing inquiries and helping them navigate benefits decisions
Maintain accurate employee data during the benefits election process and update carrier platforms as needed
Conduct payroll audits to verify that benefit elections are properly reflected in payroll systems
Collaborate with insurance carriers to ensure timely renewals and adherence to policy requirements
Utilize Prism HR software to manage benefit administration tasks efficiently
Monitor and track the status of group insurance renewals, ensuring deadlines are met
Support compliance efforts by staying up-to-date on health insurance regulations and carrier policies
Requirements:
Proven experience in employee benefits administration and coordination
Proficiency in Prism HR software tools for benefits management
Strong skills in Microsoft Excel and Adobe for data analysis and reporting
Comprehensive understanding of health insurance regulations and carrier policies
Familiarity with benefits administration platforms and processes
Ability to conduct payroll audits to ensure accurate reflection of benefit elections
Excellent organizational and communication skills to address client needs effectively
Experience with annual contract renewals and benefits analysis
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