Health & Welfare Benefits Specialist

Exelon Corporation; Chicago (IL); On-site; USD 62,000 - 85,000; Full time

Benefits offered by this job

401(k) match

Medical insurance

Paid time off

Tuition reimbursement

Wellbeing programs

Referral bonus

Job summary

Exelon Corporation is seeking a Benefits Specialist to provide subject matter expertise in Health & Welfare plans and manage administration including COBRA, Retiree Health care, FSA/HSA and related programs. You will oversee vendor performance, ensure accurate deductions and payroll reconciliation, and respond to escalated benefit inquiries from HR and employees.

The role emphasizes collaboration with TPAs, data governance, and timely, compliant plan operations in a dynamic corporate benefits

Qualifications

• 4-year degree (or equivalent experience) and a minimum of 2 years Health & Welfare employee benefits experience.
• Project management skills
• Experience with/comparable skills for vendor management
• Excellent customer service skills with strong communication skills
• Ability to navigate and deliver results oriented work, able to meet established deadlines in fast-paced environment
• Strong oral and written communication skills to provide information to ensure it is delivered, received, understood and results in action.
• Ability to make decisions based on analysis of relevant information identifying problems, root cause analysis, corrective actions
• Strong commitment to teamwork with the ability to work with others to achieve common goals that result in more than what could be done individually
• Experience applying sound management principles to maintain workflows, create change and shift paradigms.
• Intermediate excel skills with strong attention to details and ability to perform basic mathematical calculations accurately.

Responsibilities

• Develops and maintains subject matter expertise in the Exelon H&W Plans and programs including the knowledge of HR data to understand and determine participant benefits eligibility (in the event of transfers, bargaining unit participation, plan requirements, etc.) assuring accurate and in-compliance administration of Exelon Plans. (35%)
• Manage and direct Third-party Administrators to assure high-quality on-time deliverables, by the external Vendors, assuring TPA compliance with contractual performance standards, Plan requirements, and applicable legislation. Manage projects (such executive LTD enrollment, group severance, etc.) (25%)
• Oversee benefits-related processing of deductions, arrears, refunds, and payroll reconciliations, making and validating corrections as necessary. (10%)
• Provide governance to sub-contractor team members performing benefits operations activities (related to disability certifications/forfeitures, LTD termination communication, severance communications, adoption reimbursement, etc.) (10%)
• Assists business units, TPAs, and the Employee Service Center in resolving escalated participant issues regarding matters of plan design and administration. Provide benefits legal with research on participant appeals. (20%)

Skills

Project management

Vendor management

Customer service

Communication skills

Deadline oriented

Teamwork

Excel skills

Education

4-year degree (or equivalent)

Tools

HR data systems

Job description

Exelon Corporation is seeking a Benefits Specialist to provide subject matter expertise in Health & Welfare plans and manage administration including COBRA, Retiree Health care, FSA/HSA and related programs. You will oversee vendor performance, ensure accurate deductions and payroll reconciliation, and respond to escalated benefit inquiries from HR and employees.

The role emphasizes collaboration with TPAs, data governance, and timely, compliant plan operations in a dynamic corporate benefits