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You will be updated with latest job alerts via emailOversees the relationship and service performance of outsourced administrators and insurance providers. Research best practices performbenchmarking analysis and comparisons and evaluate emerging trends. Act as benefits consultant in rolling-out benefitsprocesses to streamline and enhance workflow and increase employee appreciation of the Federal Reserves benefits program.
Work with Federal Reserve System colleagues and outsourced administrators to identify/resolve issues in a timely manner. Compileanalyze and maintain data to support and measure benefit plan strategies plan design changes cost evaluation and memberimpact while keeping abreast of industry trends and regulatory issues in employee benefits.
You will be working in Newark NJ for a division of the Federal Reserve Bank of Atlanta (Office of Employee Benefits) as part of the health & welfare team to oversee multiple programs vendors and communicate with stakeholders across the Federal Reserve System.
Additionally youll work across multiple programs to research best practices benchmark programs evaluate trends recommend and continuously evaluate the Federal Reserves benefits program. You will report to the Benefits Manager.
Were looking for:
Ability to make sound decisions and demonstrate a high degree of trustworthiness in handling confidential and sensitive information.
Ability to communicate clearly and confidently across multiple levels of the organization and externally.
Key Responsibilities:
Accountable for generally high complexity vendor management responsibilities for System-wide benefits programs.
Research and respond to sensitive and escalated inquiries from vendors stakeholders plan participants and Federal Reserve System partners like Payroll.
Maintains current knowledge of and relevant certifications in legal regulatory plan compliance and changes for System benefits.
Uses data to draw insights and regularly recommend benefit plan strategies evaluation of plan design changes cost and participant impact.
Develop and lead presentations and training sessions for Reserve Bank partners and stakeholders.
Lead multiple and simultaneous projects with measurable outcomes.
Education: Bachelors Degree or 4 years equivalent experience
Experience: Five years of relevant experience preferred
Our total rewards program offers benefits that are the best fit for you at every stage of your career:
Comprehensive healthcare options (Medical Dental and Vision)
401K match and a fully funded pension plan
Paid vacation and holidays flexible work environment
Generously subsidized public transportation
Education Assistance Program
Professional development programs training and conferences
And more
This is not necessarily an exhaustive list of all responsibilities duties performance standards or requirements efforts skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies rush jobs change in workload or technological developments).
The Federal Reserve Bank of Atlanta is an equal opportunity employer.
The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers ( or through verified Federal Reserve Bank social media channels.
Required Experience:
Contract
Full-Time