Benefits Director

11 Apr 2024 2:47 PM | Anonymous member (Administrator)

Company Name:

  • University of the Incarnate Word

Position Description:

  • The University of the Incarnate Word in San Antonio, TX seeks a Benefits Director to join the Office of Human Resources. Position is responsible for directing and planning the day-to-day operations of the University of the Incarnate Word’s self-funded medical and dental plans, other ancillary insurance benefits, and the 403(b) retirement plans. Responsibilities include investigating and evaluating new benefit programs, improving existing programs, and supervising and monitoring benefits administration. May work with a consultant. Position also responds to employee inquiries and provides excellent customer service. The Benefits Director reports to the Senior Director of Human Resources.

    University of the Incarnate Word is a Catholic institution that welcomes to its community persons of diverse backgrounds, in the belief that their respectful interaction advances the discovery of truth, mutual understanding, self-realization, and the common good.
Benefits
  • UIW has been identified year after year as one of the nation’s Great Colleges to Work For based on employee feedback. UIW offers an outstanding benefits package for full-time employees that includes medical, dental, vision, flexible spending accounts, numerous paid holidays, vacation and sick leave. Tuition benefits include UIW tuition waivers, tuition exchange programs and Brainpower Connection discounts for employees and dependents. Retirement benefits include 403b retirement plans with a 7% employer match, plus a retirement health solution. We also offer employer-paid Life/AD&D, long-term disability, pet insurance, an Employee Assistance Program (EAP), wellness programs, employee discount program, Public Service Loan Forgiveness (PSLF) eligibility and more! Please refer to the Human Resources webpage for additional details on our benefits and eligibility.
EOE
  • UIW is committed to a policy of equal opportunity in employment, without regard to race, color, sex, sexual orientation, citizenship status, national origin, age, marital status, disability, genetic information, gender identity or expression, veteran status, pregnancy, and religion (except in limited circumstances when religious preference is both permitted by law and deemed appropriate as a matter of University Policy).

URL to apply for this position: 

Job Duties and/or Responsibilities:

Duties

  • Oversees complex self-funded health and dental plans, including reference-based pricing plans.

  • Monitors third party administrators, stop loss carrier, and associated vendors.

  • Administers ancillary employee benefits programs, such as flexible spending accounts, vision, accident and disability, life insurance, employee assistance, and wellness benefits.

  • Researches employee benefits plans and vendors to identify those that present the best service and value.

  • Designs, recommends, and implements new benefits programs. Examines possible plan and benefits cost changes in conjunction with the Affordable Care Act and grandfather status.

  • Negotiates with vendors and consultants for the best plans, options, and rates.

  • Manages self-funded health and dental plans by developing cost control procedures to assure maximum coverage at the least possible cost.

  • May initiate, negotiate, and recommend direct contract agreements with healthcare providers.

  • Ensures compliance with applicable government regulations. Ensures timeliness and accuracy of required reporting and fees, i.e., IRS Form 1095.

  • Reviews and analyzes changes to state and federal regulations pertaining to benefits and reports necessary changes to management.

  • Resolves administrative problems with the carrier representatives and responds to employee concerns.

  • Coordinates the resolution of claims, enrollment, and eligibility issues.

  • Audits the accuracy and performance of functions performed by benefits staff. Oversees work of Benefits Specialist.

  • Audits, reconciles, and coordinates with Finance/Payroll the remittance processes for benefit-related invoices.

  • Executes benefits surveys and reviews information obtained from the results.

  • Develops communication tools to enhance understanding of the University’s benefits package including monthly newsletters, training, and website updates.

  • Plans and executes the annual benefits open enrollment process.

Oversees COBRA administration

  • Provides timely eligibility, enrollment, and benefit plan documents and information to participants.
  • Maintains all plan documents and benefit records.
  • Provides periodic and annual reports.
  • Provides annual analysis of claims data and projections for funding.
  • Administers the 403(b) defined contribution plan, 403(b) supplemental retirement plan, 457 deferred compensation plan, and VEBA trust agreement for the Emeriti retiree health solution.
  • Coordinates 403(b), 457, and Emeriti processing, including enrollment, contributions, and withdrawals. Reviews and authorizes deductions/contributions to ensure compliance with IRS limits and university policy.
  • Responds to employee questions and resolves issues regarding retirement plans.
  • Provides support for financial audits of plans, assists with the preparation of Form 5500, and responds to other audit requests as needed.
  • Coordinates retirement counseling meetings with TIAA and Emeriti representatives. Plans and organizes annual retirement fairs.
  • Serves on insurance benefits and retirement committees.
  • May be responsible for faculty voluntary retirement incentive plan.
  • Performs other duties as assigned.

Minimum Qualifications:

  • Bachelor’s Degree.
  • Five (5) or more years of experience in benefits administration.





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