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Full-Time

Benefits Specialist

Posted on 9/5/2024

Corporate Synergies

Corporate Synergies

201-500 employees

Employee benefits and health insurance consultancy

Consulting
Fintech
Financial Services
Real Estate

Entry

Philadelphia, PA, USA

Category
Financial Consulting
Consulting
Required Skills
Communications
Oracle
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
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 goal of Corporate Synergies is to enhance the benefits experience for employees while helping employers optimize their benefits programs.

Company Stage

M&A

Total Funding

N/A

Headquarters

Mount Laurel Township, New Jersey

Founded

2003

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Corporate Synergies' long-standing presence and reputation in the industry provide job stability and growth opportunities.
  • The company's focus on innovative solutions and expert advice allows employees to work on cutting-edge projects in the employee benefits sector.
  • High-touch engagement with clients offers employees the chance to build strong, lasting relationships and make a tangible impact on client success.

What critics are saying

  • The highly competitive nature of the employee benefits sector requires constant innovation to stay ahead, which can be demanding.
  • Dependence on commissions from insurance carriers may lead to revenue fluctuations based on market conditions.

What makes Corporate Synergies unique

  • Corporate Synergies offers high-touch engagement and tailored solutions, setting them apart from competitors who may offer more generic services.
  • Their consultancy business model, which includes plan design, regulatory compliance, and vendor management, provides a comprehensive approach to employee benefits.
  • The leadership of Andrew Bloom, with his extensive expertise in healthcare and organizational leadership, has been a key differentiator in their growth and reputation.