What are the responsibilities and job description for the Benefits Administrator position at Blue Nile?
The Benefits Administrator is responsible for administrating the daily operations and compliance of Blue Nile’s group benefit programs (Medical, Dental, Vision, STD/LTD, Life/ADD&D, 401k, etc.). This position provides a high touch employee experience, maintains the highest level of compliance standard and is passionate about analyzing and improving processes and programs.
Key Responsibilities:
- Coordinate daily benefits processing, including enrollments, terminations, and claims.
- Advise and inform employees of the details of the company's benefit programs.
- Resolve benefit-related issues and respond to queries and requests in a timely manner.
- Collaborate with payroll and ensure that employer contributions and payroll deductions are processed accurately and in a timely manner.
- Maintain and create records, reports, and documentation in accordance with federal, state, and provider regulations.
- Perform plan audits including all medical, dental, ancillary and 401k plans, including but not limited to invoicing, HSA funding, enrollments, etc.
- Evaluate and revise internal processes to improve employee experience, increase efficiencies and reduce costs.
- Serve as primary contact for plan vendors and third-party administrators.
- Ensure compliance with applicable government regulations; ensuring timeliness and accuracy of all required reporting and notifications.
- Analyze benefits offerings, evaluating the use, services, coverage and plan experience; examining possible plan design and benefit cost changes with Blue Nile’s benefit broker.
- Design, distribute and deliver materials for benefits orientations and open enrollment in partnership with Blue Nile’s benefit broker.
- Stay informed of changing benefits laws and provide recommendations on next actions in partnership with Blue Nile’s benefit broker.
Minimum Qualifications:
- Bachelor’s degree preferred
- A minimum of 5 years Benefit Plan experience with at least one year direct experience with HSA/FSA, 401K retirement program and Leave Administration is required
- SHRM-CP, PHR, CBP, or CEBS professional designations a plus.
- Knowledge of Federal and State regulations, filing and compliance requirements, both adopted and pending, affecting employee benefits programs.
- Meticulous attention to detail with a strong sense of ownership.
- Capable of balancing multiple complex projects while meeting deadlines.
- Ability to maintain positive, effective, and collaborative working relationships.
- Ability to communicate clearly and concisely (verbal and written).
- Working knowledge of Microsoft Office and advanced skills in Excel.
What we offer:
- Medical, Dental, and Vision Healthcare Coverage
- 401(k) with Company Match
- Paid Vacation
- Competitive Salaries
- Business Allowance
- Employee Discount
- Employee Referral Bonus