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Verizon Communications

Runs wireless and fiber networks across the US

Benefits Consultant

Full-TimeUpdated on 10/23/2026Deadline 11/16/26
$86.5k - $150k/yr
Mid
Bachelor's
United States
HybridHybrid: work from home and at least three days per week in the office; office location is set by the manager. Travel up to approximately 25%.
People & HRCompensation & Benefits

About the job

Requirements
  • A bachelor's degree and four or more years of work experience.
  • Four or more years of relevant experience, demonstrated through work and/or military experience or specialized training.
  • Experience with a corporate employee benefits department and/or a healthcare vendor.
  • Vendor management experience.
  • Willingness to travel up to approximately 25% of the time.
Responsibilities
  • Act as the primary subject matter expert for dental, vision, and prescription drug plans, partnering with vendors to research, troubleshoot, and resolve complex employee benefit inquiries.
  • Oversee day-to-day vendor operations, ensuring contractual compliance, operational efficiency, and financial oversight.
  • Collaborate with vendors and internal teams to align on key milestones and program deliverables and ensure privacy, legal, security, and related requirements are met.
  • Monitor vendor reporting and use data analytics to evaluate plan outcomes, identify health trends, and recommend strategic plan design enhancements.
  • Identify opportunities to streamline processes and promote employee self-service.
  • Review Summary Plan Descriptions, Summaries of Benefits and Coverage, and benefit communications for accuracy.
  • Track HIPAA compliance alongside vendor partners, generate quarterly reports, and partner with communications teams to keep internal and external benefit sites updated.
  • Manage the annual Health Plan Management renewal process across health partners, make year-over-year benefit changes, and provide updates to the benefit administration team to ensure changes are documented and implemented for the new plan year.
  • Assist with special projects, including benefit integrations resulting from mergers and acquisitions, RFP vendor evaluations, legislative updates, and Annual Enrollment system testing.
Desired Qualifications
  • Experience managing vendors and medical, dental, vision, and prescription drug plans.
  • Strong communication skills and ability to build relationships and work collaboratively across departments and vendors.
  • Experience evaluating data and trends and turning them into actionable insights that support broader plan strategy.
  • Ability to independently manage complex escalations and juggle multiple projects and competing deadlines.
  • Foundational AI literacy, including experience leveraging generative AI tools to streamline workflows.
  • Initiative in proposing ideas to improve processes.
  • Familiarity with collective bargaining agreements.
  • Strong PC skills, including Google Sheets and Google Slides.

About the company

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Verizon Communications

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Verizon runs one of the largest wireless and fiber networks in the United States, selling mobile and home internet service to consumers, businesses and government agencies. Its consumer arm sells phone plans along with Fios and Frontier fiber internet and 5G home internet, which beams broadband to homes over its cellular network. Verizon Business sells mobile, networking and security services to companies of every size, including nearly all of the Fortune 500. Most revenue comes from monthly service plans, with more from device sales and installment payments. Verizon was incorporated in 1983 as Bell Atlantic, took the Verizon name in 2000, and is headquartered in New York City.

Company Size

10,001+

Company Stage

IPO

Headquarters

Bernards Township, New Jersey

Founded

1983

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Simplify Jobs

Simplify's Take

What believers are saying

  • Phone growth is back: Verizon added 184,000 postpaid phones from April to June 2026.
  • Home internet is growing: it added 193,000 5G home and 155,000 fiber customers in the quarter ended June 2026.
  • School gets subsidized: Verizon's careers site lists $5,250 a year in tuition assistance for employees.

What critics are saying

  • More cuts are planned: in January 2026 leadership targeted $5 billion in 2026 savings, largely from job cuts.
  • Debt grew with Frontier: Verizon paid $9.8 billion cash and took on $12.9 billion of debt in January 2026.
  • Core revenue grows slowly: mobility and broadband service revenue rose 2.8% in the second quarter of 2026.

What makes Verizon Communications unique

  • Fiber reach doubled: buying Frontier in January 2026 gave Verizon about 30 million fiber passings in 31 states.
  • Big business runs on it: Verizon says it serves nearly all of the Fortune 500.
  • Satellites will fill its dead zones: in May 2026 it agreed to pool spectrum with AT&T and T-Mobile.

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Benefits

  • Hybrid Work Options
  • 401(k) Company Match
  • Paid Vacation
  • Parental Leave
  • Adoption Assistance
  • Tuition Reimbursement

Company News

Yahoo Finance
Oct 28th, 2026
Verizon CEO says SpaceX would need up to $500B and six years to rival its network

Verizon chief executive officer Dan Schulman says SpaceX would need four to six years and $300 billion to $500 billion to build a full Starlink Mobile carrier network in the US. He made the claim on Verizon's third-quarter earnings call on October 26. Schulman said SpaceX would need 65,000 to 80,000 macro cell sites, plenty of spectrum, retail stores, and customer service. "There's no magic wand. There's no secret sauce. There's no shortcut," he said. SpaceX says it aims to become a "major mobile carrier in the US." Fear of the threat has hit telecom stocks; Verizon shares fell 10.14% to $41.65 on October 9, a day after SpaceX announced a spectrum deal.

Yahoo Finance
Oct 27th, 2026
Verizon CEO open to Starlink deals but rules out network access: "no benefit whatsoever

Verizon chief executive officer Dan Schulman said the carrier is open to working with satellite providers such as Elon Musk's Starlink, but will not let them use its network to compete for mobile customers. Speaking on Verizon's third-quarter earnings call, he said satellite service suits remote areas and could complement wireless offerings, directly or through a joint venture. He ruled out mobile virtual network operator deals: "I see absolutely no benefit whatsoever to extending an MVNO deal to any satellite provider." Schulman estimated a rival buildout by SpaceX would need 65,000 to 80,000 macro sites and cost $300 billion to $500 billion over seven to eight years. "We will punch back hard when that happens," he said. Verizon shares closed down 3.49% at $43.10 despite its strongest third-quarter wireless subscriber growth in five years. Revenue was $34.31 billion, short of the $34.74 billion consensus.

Yahoo Finance
Oct 26th, 2026
Verizon lifts 2026 outlook as Q3 adds 406K phone customers and free cash flow hits $7.8B

Verizon reported stronger third-quarter results, adding 406,000 postpaid phone customers, its best third-quarter result in five years. Chief executive officer Dan Schulman said every new line delivered revenue. Revenue rose 1.5% to $34.3 billion. Adjusted EBITDA climbed 8% to $13.8 billion, and free cash flow rose more than 12% to $7.8 billion. Acquisition costs fell 41% and retention costs fell 30%. Verizon raised its full-year adjusted EPS growth outlook to 7% to 7.5%, from 6% to 7%. It lifted its free-cash-flow growth forecast to about 12%, from 9% to 10%. The company has about $4 billion in signed AI Connect contracts, including a dark-fiber deal with Amazon Web Services worth more than $2 billion. It expects revenue from them to begin in 2027.

Yahoo Finance
Oct 26th, 2026
Verizon raises outlook for third time and signs $2B+ Amazon Web Services AI infrastructure deal

Verizon Communications raised its full-year outlook for the third quarter in a row and signed a deal worth more than $2 billion with Amazon Web Services to support infrastructure for artificial intelligence workloads. The carrier gained a net 406,000 postpaid phone connections in the third quarter, its best result for that period in five years. Analysts polled by FactSet had expected 195,300. Verizon now expects full-year adjusted earnings per share of $5.04 to $5.06, up from $4.99 to $5.04. It projects 1.1 million to 1.2 million postpaid phone net additions, up from 875,000 to one million. Quarterly profit rose to $5.3 billion from $5.06 billion a year earlier. Revenue increased 1.5% to $34.3 billion, below analyst estimates of $34.77 billion.

Yahoo Finance
Oct 23rd, 2026
Verizon yields 6.26% and keeps raising its dividend, while AT&T's 4.88% payout stays frozen

Verizon looks like the stronger income stock than AT&T, according to a comparison of the two telecoms' payouts. Verizon yields about 6.26% and has raised its dividend 19 years in a row. AT&T yields about 4.88% on a payout frozen since its 2022 cut. Verizon raised its quarterly dividend to $0.7075 from $0.69. AT&T pays $0.2775 a quarter and plans to hold $1.11 annualised through 2028. Verizon paid $5.9 billion in first-half dividends against $10.2 billion of free cash flow, about 58%. Its EBITDA margin hit 40.1% as it cut phone subsidies. AT&T's leverage rose after its $23 billion EchoStar spectrum purchase. It does not expect to return to 2.5x until 2029.