Benefits Consultant
Basking Ridge, NJ - USA
Job Summary
You want more out of a career. A place to share your ideas freely even if theyre daring or different. Where the true you can learn grow and thrive. At Verizon we power and empower how people live work and play by connecting them to what brings them joy. We do what we love driving innovation creativity and impact in the world. Our V Team is a community of people who anticipate lead and believe that listening is where learning crisis and in celebration we come together lifting our communities and building trust in how we show up everywhere & always. Want in Join the #VTeamLife.
What youll be doing
Are you ready to elevate our employee experience and optimize our health programs Leveraging your expertise in vendor management and data analytics you will serve as a subject matter expert resolving complex benefit escalations maintaining regulatory compliance and driving innovative wellness solutions for our workforce.
Additional responsibilities include:
- Act as the primary subject matter expert for dental vision and prescription drug plans. Partner with vendors to research troubleshoot and resolve complex employee benefit inquiries.
- Oversee day-to-day vendor operations ensuring contractual compliance operational efficiency and financial oversight. Collaborate with vendors and internal teams to ensure alignment across key milestones and program deliverables including all privacy legal security and related requirements are met.
- Monitor vendor reporting and leverage data analytics to evaluate plan outcomes identify health trends and recommend strategic plan design enhancements. Identify opportunities to streamline processes and promote employee self-service.
- Review Summary Plan Descriptions (SPDs) Summaries of Benefits and Coverage (SBCs) and benefit communications for accuracy. Track HIPAA compliance alongside vendor partners generate quarterly reports and partner with communications teams to keep internal and external benefit sites updated.
- Manage annual Health Plan Management (HPM) renewal process across health partners to make year over year changes to our benefits and provide updates to the benefit admin team to ensure changes are documented and implemented for the new plan year. Assist with special projects such as: benefit integrations resulting from mergers and acquisitions RFP vendor evaluations legislative updates and Annual Enrollment system testing.
In this hybrid role you may sit out of any Verizon hub office location in the continental US.
What we are looking for
Youll need to have:
- Bachelors degree four or more years of work experience.
- Four or more years of relevant experience required demonstrated through one or a combination of work and/or military experience or specialized training.
- Experience with the corporate employee benefits department and/or with a healthcare vendor.
- Vendor management experience.
- Willingness to travel up to approximately 25% of the time.
Even better if you have one or more of the following:
- A degree.
- Experience managing vendors and medical dental vision and prescription drug plans.
- Strong communication skills and ability to build relationships as well as work collaboratively across departments and vendors.
- Experience in evaluating data and trends into actionable insights that will support broader plan strategy.
- Demonstrates ability to independently manage complex escalations and juggle multiple projects/competing deadlines.
- Demonstrates foundational AI literacy with experience leveraging Generative AI tools to streamline workflows.
- Self-starter who comes to the table with out of the box ideas to improve processes.
- Familiarity with collective bargaining agreements is a plus.
- Strong PC skills including Google Sheets and Google Slides.
If Verizon and this role sound like a fit for you we encourage you to apply even if you dont meet every even better qualification listed above.
Verizon is an equal opportunity employer. We evaluate qualified applicants without regard to veteran status disability or other legally protected characteristics.
Our benefits are designed to help you move forward in your career and in areas of your life outside of Verizon. From health and wellness benefit options including: medical dental vision short and long term disability basic life insurance supplemental life insurance AD&D insurance identity theft protection pet insurance and group home & auto insurance. We also offer a matched 401(k) savings plan up to 8 company paid holidays per year and up to 6 personal days per year paid parental leave adoption assistance and tuition assistance plus other incentives weve got you covered with our award-winning total rewards package. Depending on the role employees have the opportunity to receive compensation in the form of premium pay such as overtime shift differential holiday pay allowances etc. Newly hired employees receive up to 15 days of vacation per year which grows with additional service. For part-timers your coverage will vary as you may be eligible for some of these benefits depending on your individual circumstances.
The salary will vary depending on your location and confirmed job-related skills and experience. This is an incentive based position with the potential to earn more. For part-time roles your compensation will be adjusted to reflect your hours.The annual salary range for the location(s) listed on this job requisition based on a full-time schedule is: $86500.00 - $150000.00.Required Experience:
Contract
About Company
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