Benefits Reconciliation Specialist

ENGAGE EMPLOYER, INC; Saint Petersburg (FL); Remote; USD 60,000 - 80,000; Full time

Job summary

A leading company in the benefits industry is seeking a Benefits Reconciliation Specialist to manage and streamline benefit processes. This role involves handling carrier billing, conducting audits for accuracy, and collaborating with teams to ensure efficient handling of benefit premiums. Ideal candidates will have a Bachelor's degree and significant experience in health benefits.

Benefits

3 Weeks Paid Time-Off per Year

Parental Leave

401(k) with automatic match

Medical Insurance with employer contribution

Discount Tickets on Theme Parks

Qualifications

• 3+ years of relevant work experience in health benefits.
• Understanding of employee benefit plans and ACA compliance.
• Proficient in MS Office, particularly Excel.

Responsibilities

• Manage carrier invoice billing and payment processes.
• Perform internal audits to ensure accuracy of benefit costs.
• Reconcile benefit invoices and submit them for payment.

Skills

Analytical skills

Attention to detail

Team collaboration

Education

Bachelor's degree in Business Administration

Tools

Microsoft Excel

Job description

Location: Remote

Department: Benefits

Position Type: Full Time, Non-Exempt

Engage PEO, recognized on the "INC. 5000 Honor Roll for the Fastest Growing Private Companies’ is seeking future Engagers who are ready to build a rewarding future. The Benefits Reconciliation Specialist is responsible for assessing and recommending improvements to benefit reconciliation processes and procedures. This role includes managing carrier invoice billing and payments for designated clients/carriers, streamlining and updating processes to align with client or systems changes, processing monthly benefit carrier invoices, and collaborating with other departments on matters related to benefit premiums and carrier payments

Essential Duties and Job Requirements:

• Execute a key role in ensuring the accuracy and timely implementation of benefit premium deductions

• Perform internal audits and controls to ensure the accuracy of benefit premium costs and reconciliation processes

• Reconcile benefit invoices accurately and promptly, ensuring they are submitted for payment and properly allocated in the general ledger

• Work collaboratively with team members to achieve common goals and ensure the success of benefit reconciliation tasks

Other Duties & Responsibilities

• Be punctual for all meetings and scheduled shifts, demonstrating reliability and consistency

• Promptly complete tasks assigned by management and ensure all duties are carried out thoroughly and with attention to detail

• Maintain consistency in actions, methods, and outcomes, and demonstrate excellent attendance and reliability

• Collaborate effectively as a team member, contributing to shared goals and supporting colleagues as needed

• Take on responsibilities and challenges willingly, accept criticism constructively, and remain calms under pressure.

• Develop personal methods for completing tasks independently, guiding oneself with minimal supervision

• Be sensitive to the needs and feelings of others, offering support and understanding on the job

• Serve as a source of information and training, helping the team to grow and succeed

• Engage in difficult conversations when necessary, ensuring clear and effective communication

Minimum Qualifications:

• Bachelor's degree in Business Administration or related field

• Minimum 3 years relevant work experience, health benefits

• Knowledge of benefit policies, practices, and administrative procedures

• Familiarity and understanding of insurance and employee benefit plans

• Working knowledge of the Health Insurance industry across all coverage lines; Health, Life Disability, Dental, and Vision plans and familiarity with ACA and compliance, preferred

• Proficient with MS Office and Intermedial Microsoft EXCEL skills

• Professional Employer Organization (PEO) experience is a plus

COMPENSATION:

The salary range for this position is listed below. However, you should know that the salary range may vary based on regional location, the candidate’s skill, and relevant experience. In addition, some positions may include a form of bonus or other incentive compensation, which would not be included in this salary range.

Annual Hourly Range: $20.00-25.00

BENEFITS:

We offer a comprehensive Benefits Package to our full-time salaried, hourly, or commissioned workers. Our 2025 Benefits Package includes:

• 3 Weeks Paid Time-Off per Year (Increasing with seniority)
• Parental Leave
• Paid Holidays
• Your choice of Medical Insurance Plan or HSA with a generous employer contribution
• Life Insurance with an employer-paid base
• Dental and Vision
• Long-Term Disability Insurance with an employer-paid base
• Short-Term Disability Insurance
• Pre-tax Savings on most employee insurance premiums
• Medical Expense Flexible Spending Account
• Dependent Care Flexible Spending Account
• 401(k) enrollment with an automatic match
• Commuter and Parking Pre-tax Benefits
• Pet Insurance/Pet Assure Veterinarian Discount Plan
• Discount Tickets on Theme Parks and Attractions

We believe our success is primarily due to our diverse, talented employees who help to cultivate an inclusive learning culture. We encourage open, regular communication and development that fosters our strong team culture. We are committed to providing inclusive equal employment opportunities to all employees, applicants for employment, and other covered individuals without regard to race, color, religion, age, sex, disability, national origin, citizenship, genetics, military status, sexual orientation, gender identity or expression, family status, or any other characteristic protected by federal, state, or local laws. Furthermore, we are committed to complying with all federal, state, and local anti-discrimination, anti-harassment, and anti-retaliation laws.

** Engage PEO is an Equal Opportunity Employer**