Full-Time

Benefits Assistant Manager

Confirmed live in the last 24 hours

Western & Southern Financial Group

Western & Southern Financial Group

1,001-5,000 employees

Provides personalized financial solutions and services

No salary listed

Mid

Cincinnati, OH, USA

Category
Management Consulting
Consulting
Requirements
  • Bachelor's Degree or commensurate selection criteria experience (Required)
  • Proven experience in the administration of health plan medical claim processing and claim coding (Required)
  • Proven experience working independently to make decisions and demonstrate initiative. Demonstrated analytical skills to include identifying, defining and resolving problems and collecting or interpreting data to establish facts and draw valid conclusions and provide creative solutions to complex problems. (Required)
  • Demonstrated experience leading and motivating teams including providing direction, coaching and effective feedback to team members. (Required)
  • Proven experience adapting and demonstrating flexibility associated with changes to policies/procedures. (Required)
  • Proficient in Federal Regulations such as ERISA, Cafeteria Plans, COBRA, and HIPAA and Medicare Coordination of Benefits.
  • Proven success managing projects from initial research/planning stage to implementation.
  • Demonstrated complete discretion in handling confidential and sensitive materials.
  • Proven superior verbal and written communication skills with ability to convey information, verbally and in writing, to internal and external customers in a clear, accurate, focused and concise manner. Demonstrated ability to document procedures and activities in a manner that is understandable to others and prepared using a prescribed format. Verbal and written communications are to conform to proper rules of punctuation, grammar, diction and style.
  • Demonstrated ability to effectively collaborate and communicate with all levels of employees and management.
  • Proven ability to read, analyze and apply statistical information to financially related information and data.
  • Demonstrated strong attention to detail with excellent organization skills. Must cite examples of organization and time management/methods used to manage or prioritize workload demands.
  • Proficient in word-processing, spreadsheet and database applications.
  • Certified Employee Benefits Specialist (CEBS)-IFEBP within 180 Days (Required)
Responsibilities
  • Manages claims division to ensure that welfare plan benefit administration complies with relevant legislation including Department of Labor requirements.
  • Coordinates, studies and interprets reports related to claim cost containment and recommends changes as appropriate.
  • Works with manager to implement changes to processes, workflow and plan documents to assure compliance with federal regulations.
  • Collaborates with systems support to develop and execute project plans that ensure our systems are maintained and operate with current releases.
  • Performs workflow analysis and monitors plan expenses to determine process/plan improvements for claims processing that maintain or increase plan efficiency and cost effectiveness.
  • Monitors claim billing in accordance with generally accepted standards of medical practice.
  • Handles problem cases and complaints. Has oral and written communications with active and retired associates and outside medical professionals.
  • Maintains compliance with applicable federal and state laws (e.g., HIPAA) related to privacy, security, confidentiality, and protection of personal information, including, but not limited to, personal health information and personally identifiable information.
  • Performs other duties as assigned.
  • Complies with all policies and standards.
  • Provides direction to and development of associates through daily coaching, the administration of the Performance Management Model, and the creation and implementation of development plans. Recruits, hires, trains and develops staff.
Desired Qualifications
  • Familiarity with PPO Plan network pricing models and medical plan design. (Preferred)
Western & Southern Financial Group

Western & Southern Financial Group

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Western & Southern Financial Group offers financial products and services aimed at simplifying complex financial concepts for its clients. The company focuses on middle-market clients, providing personalized, face-to-face consultations to understand their financial needs and goals. This approach allows them to create tailored financial solutions that stand out from competitors. Their long history of financial stability, dating back to 1888, adds to their credibility. The company emphasizes a strong culture of teamwork, integrity, and respect, ensuring that both customers and employees are treated with professionalism. The goal of Western & Southern Financial Group is to deliver excellent financial services while building lasting relationships based on trust and loyalty.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Cincinnati, Ohio

Founded

1888

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for personalized financial advice aligns with Western & Southern's service model.
  • Partnership with Fidelity enhances product offerings in the retirement income market.
  • Expansion of financial literacy programs supports Western & Southern's mission to simplify finance.

What critics are saying

  • Increased competition from Fidelity's Guaranteed Income Direct solution in the retirement market.
  • Exclusion from licensing in key states like New York limits market reach.
  • Reliance on face-to-face interactions may be challenged by digital financial service growth.

What makes Western & Southern Financial Group unique

  • Western & Southern offers personalized financial solutions through face-to-face client interactions.
  • The company has a long-standing reputation for financial stability since 1888.
  • Western & Southern collaborates with Fidelity Investments to offer innovative retirement income solutions.

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Benefits

Flexible Work Hours

Performance Bonus

Company News

Cincinnati Enquirer
Aug 9th, 2024
Cincinnati-based company listed among the best for high school grads to start careers

Cincinnati-based Western & Southern was No. 48 of the top 50 companies listed on the report.

U.S. Securities and Exchange Commission
Feb 1st, 2024
SEC FORM D/A

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

Western & Southern Financial Group
Jan 31st, 2024
Western & Southern, Fidelity Investments Offer New Approach To Protected Retirement Income

Western & Southern recently introduced IncomePoint - a new single-premium immediate annuity (SPIA) - within employer-based retirement plans administered by Fidelity Investments.

Business Wire
Jan 25th, 2024
Fidelity’S® Guaranteed Income Direct Solution Available Nationally, Enabling Employees To Convert Retirement Savings Into Lifetime Income

BOSTON--(BUSINESS WIRE)--Fidelity Investments®, the nation’s retirement leader1, announces the broad availability of Guaranteed Income Direct, a new solution allowing employees to convert all or a portion of their retirement savings – from a 401(k), 403(b) or 457(b) – into an immediate income annuity to provide consistent, pension-like payments2 throughout retirement. Retirement preparedness is a source of financial stress for employees: 79% are worried they won’t have enough money to last their lifetime3, and 85% feel employers should take more responsibility in helping them prepare for retirement4. As such, guaranteed income solutions within workplace retirement plans have become increasingly popular. Fidelity research shows the number of retirees and pre-retirees deciding to stay in plan past their retirement date has continually increased over the past 10 years5, with 65% of participants expressing interest in having guaranteed income options in their workplace plans.6 For employers, the feelings are mutual: 81% of plan sponsors7 would prefer to give retirees the flexibility to stay in plan and withdraw assets throughout their retirement years. “A key challenge for employees as they transition from saving for retirement to living in retirement is ensuring there’s enough predictable income to cover essential expenses,” says Keri Dogan, senior vice president, Financial Wellness and Retirement Income Solutions at Fidelity. “Many people feel anxious about how to generate income in retirement and want to reduce the risk of outliving their assets

PR Newswire
Dec 12th, 2023
Touchstone Investments Launches Dynamic International Etf To Expand Global Exposure

The Touchstone Dynamic International ETF is Sub-advised by Los Angeles Capital ManagementCINCINNATI, Dec. 12, 2023 /PRNewswire/ -- Touchstone Investments, known for its Distinctively Active® mutual funds and exchange traded funds (ETFs), today announced the launch of the Touchstone Dynamic International ETF (TDI: NASDAQ), an actively-managed, fully-transparent ETF that seeks to invest in equity securities of non-U.S. companies domiciled in both developed and emerging markets, which began trading on December 11, 2023.In seeking to achieve its investment objective of capital appreciation, The Touchstone Dynamic International ETF is designed to offer investors a comprehensive framework of investments with broad international exposure. The strategy follows Los Angeles Capital Management's Dynamic Alpha Stock Selection Model®, an adaptive quantitative investment process that considers evolving market conditions and manages investment risk and alpha uncertainty, and weighs factors based on forward-looking expectations.Touchstone Investments launches dynamic international ETF to expand global exposure. Post thisTouchstone Investments' commitment to being Distinctively Active means executing a fully integrated and rigorous process for identifying and collaborating with best-in-class asset managers to sub-advise its funds. Like Touchstone's existing suite of ETF offerings, the Touchstone Dynamic International ETF offers potential for a more tax-efficient, cost competitive and transparent way to access Touchstone's investment strategies with no investment minimum."We are pleased to launch the Touchstone Dynamic International ETF in partnership with Los Angeles Capital Management given the team's unique investment process, designed to build equity portfolios that adapt to dynamic market conditions," said Blake Moore, president and chief executive officer of Touchstone Investments