Benefits Administrator Performance Goals And Objectives

Benefits Administrator Goals and Objectives Examples

Ensure timely and accurate processing of employee benefits enrollment.
Provide excellent customer service to employees regarding their benefits.
Maintain up-to-date knowledge of benefit plan regulations and compliance requirements.
Develop, implement, and oversee effective benefits communication strategies.
Collaborate with HR team to streamline benefits administration processes.
Ensure benefits-related data is accurately entered into HRIS system.
Conduct annual open enrollment process.
Assist in developing and implementing wellness programs.
Facilitate new hire orientation for benefits section.
Manage disability and leave programs.
Maintain company’s compliance with all state/federal regulations related to benefits administration.
Coordinate benefit billing and reconciliation between carriers and payroll department.
Audit carrier invoices and work closely with finance team to ensure accuracy.
Monitor benefit costs and make recommendations for cost-effective benefit plans.
Prepare and submit required government forms including 401(k) nondiscrimination testing, Form 5500 filings, etc.
Maintain confidentiality of all employee information.
Provide support in administering COBRA continuation coverage.
Ensure timely processing of pension contributions.
Participate in vendor selection and negotiation for benefit plans.
Track and report on benefit usage and costs.
Resolve employee benefit issues in a timely and professional manner.
Administer the Employee Assistance Program (EAP).
Maintain accurate records of employee benefits changes.
Coordinate with legal counsel on complex benefits issues.
Implement new benefits programs as required by law or company policy.
Develop and maintain effective relationships with benefit vendors.
Respond to employee inquiries about benefits, policies, and procedures.
Act as liaison between employees and insurance carriers.
Ensure that all mandatory notices are distributed to employees regarding their benefits.
Work collaboratively with payroll department to ensure accuracy in benefits deductions and calculations.
Manage retirement plan administration and annual nondiscrimination testing.
Develop and maintain benefit plan summaries.
Coordinate employee benefits fairs.
Conduct benefit orientation for new hires.
Provide training to managers and employees on benefit programs.
Ensure compliance with ERISA, COBRA, HIPAA, ACA, and other applicable laws and regulations.
Work closely with HR team to ensure employee data is accurate in HRIS system.
Maintain confidentiality of sensitive company and employee information.
Assess employee benefit needs and recommend appropriate plans.
Develop and implement cost-sharing strategies for benefit plans.
Manage wellness programs and initiatives.
Review and approve employee benefit claims.
Conduct regular audits of benefit programs to ensure compliance.
Monitor employee satisfaction with benefit programs and make adjustments as needed.
Analyze data related to benefits usage and costs.
Research industry trends in benefits administration and make recommendations for improvement.
Ensure that all benefit programs are administered consistently and equitably.
Develop and maintain relationships with insurance brokers and carriers.
Administer all types of insurance including medical, dental, vision, life, short-term disability, long-term disability, and others.
Prepare annual reports on employee benefits usage and cost.
Keep abreast of changes in the law regarding employee benefits.
Participate in salary and benefits surveys to stay current with industry norms.
Design and implement voluntary benefits program options.
Implement new technology solutions to streamline benefit administration processes.
Provide support in responding to benefits-related audit requests.
Participate in annual vendor benchmarking reviews.
Continuously review and improve the company’s benefits administration processes.
Communicate regularly with executive team on benefits-related matters.
Create reports and analytics for management on employee benefits usage and cost.
Develop policies and procedures related to employee benefits administration.
Review and update benefit plan documents as necessary.
Develop and maintain a comprehensive benefits manual for employees.
Work with HR team to ensure that all benefit-related policies and procedures are communicated effectively to employees.
Analyze compensation packages and benefits offerings of comparable companies in the industry.
Develop and implement flexible work arrangements options.
Provide support during open enrollment periods, including educational presentations, Q&A sessions, and individual counseling sessions.
Conduct surveys to obtain employee feedback on benefits programs.
Prepare financial analysis of benefits plans and make recommendations for improvement.
Manage stock option plans for employees.
Establish and maintain relationships with third-party administrators for benefit plans.
Monitor vendor performance and resolve issues as required.
Assist in developing and managing budgets for employee benefits programs.
Ensure compliance with IRS Section 125 cafeteria plan regulations.
Participate in annual renewal process for insurance plans.
Develop and implement strategies to manage and control healthcare costs.
Design and implement a comprehensive wellness program to promote employee health and well-being.
Develop and administer workplace safety programs.
Create educational materials related to benefit programs for employees.
Manage the company’s retirement plans including 401(k), profit-sharing, etc.
Develop and implement strategies to manage the cost of COBRA continuation coverage.