Full-Time
Posted on 12/3/2024
Benefits administration platform for HR management
$44k - $85kAnnually
Mid, Senior
Remote in USA
Businessolver provides technology solutions for managing employee benefits, focusing on improving the healthcare experience for employees. Its main product is a benefits administration platform that automates tasks like enrollment, communication, billing, and reporting, making it easier for HR teams to manage benefits. The platform combines artificial intelligence with human expertise to ensure efficiency and empathy in service. Businessolver stands out from competitors by offering a personalized benefits journey for each employee, which enhances satisfaction and engagement with benefits programs. The company's goal is to help organizations optimize their employee benefits through advanced technology and support.
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$63.4M
Headquarters
West Des Moines, Iowa
Founded
1998
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Work from anywhere
PTO
Peer recognition program
Diversity & inclusion activities
Learning & development
Health & fitness classes
Mental well-being resources
Instead, Businessolver, Inc. introduced Virtual Benefits Fairs - engaging, flexible, and accessible digital spaces where employees could explore their benefits.
NEW YORK, Nov. 25, 2024 /PRNewswire/ -- The global benefits administration service market size is estimated to grow by USD 144.7 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 3.09% during the forecast period. Increasing focus on employee wellness is driving market growth, with a trend towards increased adoption of automation in benefits administration services. However, high cost of software acquisition and implementation poses a challenge. Key market players include Automatic Data Processing Inc., Alight Solutions LLC, Aon plc, Bamboo HR LLC, Benefit Administration Services LLC, Benefitfocus.com Inc., Businessolver.com Inc, Cognizant Technology Solutions Corp., Dayforce Inc., Empower Annuity Insurance Co
HR Technology Conference & Exposition (R)Annual Conference Continues to Shape the Future of HRWEST PALM BEACH, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Returning to Mandalay Bay in Las Vegas next week, the annual HR Technology Conference & Exposition® will spotlight hundreds of solution providers from September 24 – 26, 2024. This includes dozens of new products that will debut during the show, such as:Achievers – Booth No. 4918Introducing Inclusion Coach, Achievers' AI model to promote inclusive communication. Integrated into the recognition flow, Inclusion Coach analyzes text in real-time for biased language and offers suggestions for continuous coaching. This helps enhance the quality of recognitions and contributes to a positive culture by making it easier to send and receive recognitions everyone can feel good about.Airbo – Booth No
DENVER--(BUSINESS WIRE)--Businessolver® has unveiled its much-anticipated 2024 Benefits Insights Report today, marking a significant contribution to the understanding of employee benefits trends, challenges, and the expanding role of artificial intelligence (AI) and personalization in enhancing the benefits experience.Report findings reveal the issues employees face when using their benefits, such as confusion and financial insecurity, and how technology helps employees enroll in and use the right benefits to support their needs. Data from the Benefitsolver™ platform, Businessolver’s benefits administration technology, which serves over 18 million people, reveals quantitative proof that AI and personalized experiences improve overall benefits engagement and plan performance.“The personalized navigation support and AI in the system have transformed our employees’ experience as well as our benefits administration strategy at Waste Pro,” said Judi Craigo, Director of Payroll and System Automation at Waste Pro, a Businessolver client. “The technology helps our employees get the support they need year-round, freeing up me and my team to focus on more complex issues and people needs, like supporting an employee through a life event or resolving an escalated issue. Businessolver’s AI has really made it easier for Waste Pro employees to access their benefits.”Key highlights from Businessolver’s 2024 Benefits Insights Report include:Decision Support : When employees had personalized support at enrollment, 80% elected a right-fit medical benefit. These same employees are nearly twice as likely to also enroll in supplemental benefits, like accident insurance or critical illness.: When employees had personalized support at enrollment, 80% elected a right-fit medical benefit. These same employees are nearly twice as likely to also enroll in supplemental benefits, like accident insurance or critical illness
Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects. (Photo: Business Wire)Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects. (Photo: Business Wire)Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects. (Photo: Business Wire)Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects. (Photo: Business Wire)DENVER--(BUSINESS WIRE)--Alpine Motorsports today announced a multi-year partnership with Businessolver®, a leading employee benefits and human resources (HR) technology provider. Aligned by the shared values of people-centered innovation, the two organizations are entering new territory as the only such partnership in the benefits technology sector.Businessolver will be present across all of Alpine’s Motorsports programme, which includes BWT Alpine F1 Team, Alpine Endurance Team, Alpine Academy, Rac(H)er and other projects.“Partnership has been a strategic pillar for Businessolver since the company was founded,” said Jon Shanahan, Businessolver President and CEO