Associate Manager, Health and Welfare Benefit Objective

To develop, implement, monitor, and administer all applicable direct and indirect company welfare and fringe benefits while ensuring that they meet company objectives and comply with appropriate federal and state regulations. To recommend policies and procedures to carry out the benefit programs. To oversee benefit information and resources and recommend changes for the maintenance of the companies’ benefits objectives. To provide strategic long-range planning for the benefit programs.

Associate Manager, Health and Welfare Benefit Responsibilities

• Serve as Plan Administrator for the employee welfare and cafeteria plans and fringe benefit programs including, but not limited to, medical, health waiver, dental, vision, flexible spending accounts, life insurance, and long-term disability.
• Manage the administration of the claims, payment processing, and billing research regarding the self-insured medical plan. Review and maintain all related reporting as needed.
• Maintain comprehensive knowledge of industry trends and evaluate the effects of changes in federal and state regulations and their impact on company benefit programs.
• Assess company programs on an ongoing basis for marketplace positioning and potential exposures; make recommendations to management accordingly.
• Research and recommend welfare benefit plan changes, additions, or new options, while determining the needs of employees, comparing new and proposed plans, and assessing the financial, legal, and tax effects of these proposals. Communicate these plan changes to management, financial staff, insurance experts, and benefit personnel in terms of human costs, monetary costs, and consequences of acting upon the proposed changes.
• Assist in the modifications and maintenance of the Plan Documents, Summary Plan Descriptions, Summary Material Modification, Annual Notices, and Summary Annual Reports for the welfare and cafeteria plans as applicable.

Associate Manager, Health and Welfare Benefit Qualifications

Required: 

   · Bachelor’s degree in business administration, human resources, or related degree 

   · Two to five years of experience in benefit analysis or administration 

   · Previous experience with automated payroll systems and eligibility reporting systems 

Note: Farm Bureau offers a full benefit package including medical, dental, vision, and 401K.

PM19