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Benefit Operations Specialist-1

Role overview

Qualifications

  • Strong understanding of benefit plans including Flexible Benefits and Health Savings Accounts
  • Knowledge of security policies and HIPAA regulations
  • Ability to troubleshoot questions and provide issue resolution
  • Experience in maintaining participant plans and employer account balances

Responsibilities

  • Manage the lifecycle of various benefit plans including their creation, maintenance, and closure
  • Communicate with internal departments, employers, and partners to resolve account discrepancies
  • Create efficiencies and improve processes for employers, consultants, and third-party vendors
  • Participate in ongoing learning and development opportunities

Key facts

Hard skills

Other skills

  • Troubleshooting (Problem Solving)
  • Mentorship
  • Communication
  • Problem Solving
  • Time Management

About the company

WEX logo

WEX

Digital Payments & Money Transfer

WEX (NYSE: WEX) is the global commerce platform that simplifies the business of running a business. WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility and paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential. For more information, please visit www.wexinc.com.

Company details

Company typeXLarge
IndustryDigital Payments & Money Transfer
Company size5001 - 10000

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Job description

The Operations Specialist, Benefits is responsible for the lifecycle of various benefit plans, including Flexible Benefits, Health Reimbursement Arrangements, Health Savings Accounts, and Commuter Plans. This encompasses their creation, ongoing maintenance, and eventual closure. The role also includes consumer forms and processing file data relevant to employer configurations and plans. A strong understanding of the products, systems, files, and technical aspects is essential for success in this position.

  • Must adhere to security policies

  • Maintain detailed knowledge in function area(s) related to Benefits

  • Serve as an internal resource, troubleshoot questions and provide issue resolution using product, file and system knowledge

  • Serve as a knowledgeable contact for internal departments

  • Communicate with other teams, employers and partners to resolve account discrepancies

  • Responsible for solving cases and resolving tier 3 escalations

  • Create, update and maintain participant plans and balances

  • Update and maintain employer account balances

  • Create, update and maintain employer plans and closings

  • Process demographic, enrollment and contribution files

  • Facilitate peer training when requested

  • Identify trends to improve plan administration experience

  • Ensure requests made by internal and external departments  are resolved in a timely manner

  • Attend regularly scheduled one on one meetings with direct leader for professional development and goal setting

  • Work with your team, other departments to ensure a positive customer experience

  • Create efficiencies and improve processes for employers, consultants and third-party vendors

  • Maintain a continuous improvement approach to work

  • Participate in ongoing learning, development opportunities and sharing of knowledge

  • Maintain attendance and punctuality standards

  • Maintain expected quality and performance metrics

  • Must participate in team meetings and one on ones via video and phone

  • Assist with special projects

General Duties:

All other duties as assigned 

Assist with special projects 

Continually work on improving departmental workflow 

Maintain policy according to HIPAA

The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section.Pay Range: $17.00 - $22.50

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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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