Full-Time

Benefits Specialist

Posted on 9/5/2024

Corporate Synergies

Corporate Synergies

201-500 employees

Insurance and employee benefits brokerage consultancy

Consulting
Financial Services

Entry

Philadelphia, PA, USA

Category
Financial Consulting
Consulting
Required Skills
Word/Pages/Docs
Oracle
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Strong attention to detail, well organized and responsive
  • Strong desire and willingness to learn all aspects of: CSG suite of services and available solutions, Insurance and healthcare related products, Regulatory and compliance related matters (including healthcare reform), Very comfortable with numbers
  • Proficient in Microsoft Excel, PowerPoint, Word and Publisher
  • Ability to quickly learn new skills
  • Comfortable working independently as well as in a team environment
  • Ability to establish relationships
  • Strong oral and written communication skills
  • Ability to multi-task and demonstrate composure/resilience under pressure - Comfortable switching between clients and tasks to meet deadlines
  • Basic understanding of insurance and healthcare.
  • Education - High School Diploma, Bachelor’s Degree preferred.
  • Experience – Entry level position requiring no previous job experience.
  • Licensure/Certification – State Specific Resident Life & Health License is required within six months from date of hire.
Responsibilities
  • Maintain up-to-date client files/internal systems in accordance with CSG’s standard protocols.
  • Support the various pre-renewal/renewal/post-renewal and wellness activities.
  • Coordinate data gathering for reporting efforts (analytical, compliance, etc.).
  • Complete training/professional development to gain understanding of the industry and CSG.
  • As part of the client life-cycle (on-boarding, ongoing support and renewal), assist/support the Account Management and Underwriting Team for all lines of coverage by: Gathering all necessary data to fulfill our obligations (including the outreach to carriers and client to secure information), Supporting the team with the preparation, analysis and delivery of materials that makeup the deliverable (i.e. exhibits, reports and presentations), Completing/fulfilling assigned implementation tasks associated with client related projects, Coordinating activities and successfully completing regulatory tasks (i.e. 5500’s, ACA and other notices/disclosures) throughout the year, Prepare standard and ad-hoc reports (as needed), Tracking receipt of deliverables and update the Annual Action Plan to ensure both the accuracy and timeliness of materials, Participating (whenever appropriate) in client meetings/presentations.
  • At various times throughout the year (i.e. Open Enrollment), prepare and review employee education and communication materials (i.e. Benefit Guides).
  • Assist in the coordination Open Enrollment activities (includes conducting meetings).
  • Maintain internal systems (i.e. BenefitPoint and Oracle) and client files in accordance with CSG’s data standards and filing requirements.
  • Perform necessary steps (including timely follow-up) to help resolve client service or claim issues/inquiries and/or administrative concerns.
  • Interact with carriers and vendors on behalf of the client and the team.

Corporate Synergies provides consulting services in the field of employee benefits and health insurance. They assist employers in understanding and managing the complexities of employee benefits, offering tailored solutions that include plan design, regulatory compliance, and vendor management. Their services are designed to support Human Resources teams by providing expert advice and innovative funding options to meet the unique needs of each client. Unlike many competitors, Corporate Synergies focuses on high-touch engagement and personalized service, ensuring that they address the specific challenges faced by businesses of all sizes. The company's goal is to enhance the benefits experience for employees while helping employers optimize their benefits programs.

Company Stage

Growth Equity (Venture Capital)

Total Funding

N/A

Headquarters

Mount Laurel Township, New Jersey

Founded

2003

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for telehealth services offers integration opportunities for Corporate Synergies.
  • Personalized benefits platforms using data analytics could enhance Corporate Synergies' offerings.
  • Growing importance of mental health benefits creates a niche for specialized coverage options.

What critics are saying

  • Competition from digital-first insurance platforms may erode market share.
  • Self-service benefits platforms could reduce demand for Corporate Synergies' consultancy services.
  • Economic uncertainty may lead businesses to cut back on employee benefits spending.

What makes Corporate Synergies unique

  • Corporate Synergies pioneered employee benefit advocacy services for client employees.
  • The company offers innovative funding options and creative program designs.
  • Recognized for high-touch engagement and tailored solutions in employee benefits.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Paid Vacation

Paid Holidays

INACTIVE