What does a Benefits Specialist do?
Benefits specialists administer an organization's benefits programs. This includes a retirement plan, its leave policies, wellness programs, and any relevant insurance policies including life insurance, health insurance, and disability insurance. Benefits specialists research and analyze benefit plans, policies, and programs. They make recommendations from findings in their analysis and frequently monitor government regulation legislation and other benefit trends to ensure their programs remain current, legal, and competitive.
Benefits specialists are responsible for the management of employee perks and benefits packages in addition to insurance and retirement, this could include stock options and training programs. They are responsible for the design and negotiation of health benefits and retirement packages at their companies and must be fluent in health insurance and life or long-term disability insurance and other trends in employer and employee insurance. They plan and negotiate a company’s benefits packages and administer programs for various companies and organizations. Benefits specialists need a bachelor’s degree in human resources with an emphasis on business management and ethics.
Benefits Specialist Salaries
Average Base Pay
Benefits Specialist Career Path
Learn how to become a Benefits Specialist, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Benefits Specialist Insights
“But every promotion it's not a good promotion and what seems good can actually be designed for your demise.”
“Managers have little oversight so you don't know whether your manager is going to be great or terrible.”
“I enjoyed being a part of my clients efforts to become self sufficient and provide encouragement.”
“Aflac is Commission only and you don't have someone telling you what to do so you control your day.”
“The turnover rate was extremely high and there is almost no opportunity to advance your career.”
“training was already horrible and the learning curve was a lot.. yet I was blamed for my incompetence.”
“The great thing about Risk Strategies is that there are so many paths to take in your career.”
“I learned a lot about the retirement industry which was very beneficial to my career path.”
Benefits Specialist Interviews
Benefits Specialist jobs
Frequently asked questions about the role and responsibilities of a benefits specialist
When working as a benefits specialist, the most common skills you will need to perform your job and for career success are Written Communication, Trigonometry, Geometry, Reviews and Schedules.
- Benefits Coordinator
- HR Manager
- HR Generalist
- Hr Business Partner
The most common qualifications to become a benefits specialist is a minimum of a Bachelor's Degree and an average of 0 - 1 of experience not including years spent in education and/or training.