Senior Benefits Consultant
10/07/2024Locations Westwood, Massachusetts; Berlin, Connecticut
Job Description
Senior Benefits Consultant
10/07/2024Locations: Westwood, Massachusetts; Berlin, Connecticut
Role and Scope of Position:
Responsible for conducting moderate-level research, analysis and evaluation of all Eversource’s benefit programs (Health & Welfare, and Retirement) and provides recommendations to help ensure the Company retains a competitive benefits posture in the market place. Assists with the development of recommendations concerning the design, funding, administration and communication of corporate benefit plans consistent with all pertinent federal and state laws, regulations and administrative rulings. Leads various projects ranging from the design, implementation and communications of programs to the organization and execution of open enrollment. Interacts with Company professionals within Human Resources, Finance and Legal, as well as with vendors, actuaries and third-party administrators. Remains current with all pending and enacted legislation, as well as with new benefit trends, to ensure Eversource’s benefit programs remain in compliance and supportive of the Company’s employee value proposition.
Essential Functions:
- Plans, conducts and oversees moderate research and administrative assignments.
- Work with the HR operations team to help ensure smooth delivery of employee benefits, and occasionally offer expertise and guidance to HR Operations leadership on unusual and difficult customer requests.
- Assists with the requirements needed to develop or enhance the HRIS system.
- Recommends new, or revisions to existing, benefit programs including the design, funding, participation, communication, administration and carriers.
- Serves as the project manager and oversees the work of internal resources, as well as that of insurance carriers and other third-party administrators, concerning the introduction and implementation of new or revised programs.
- Maintains up-to-date expertise about developments in benefits plan design and administration.
- Remains current with pending or enacted legislation and provides management with necessary recommended changes to ensure existing benefit programs are in compliance with federal or state laws.
- Participates in the completion of actuarial valuations, premium statement reviews, discrimination testing, open enrollment and special studies and benchmarking as required.
- Consults on benefit communications programs including employee/participant facing communications and internal operations administration support documents.
- Works with various aspects of the Eversource Health Plans and Retirement Plans including research, design, finance and administration and ensures the privacy of plan participants’ protected health information in compliance with the Health Insurance Portability and Accountability Act (HIPAA).
- Contribute to the development and maintenance of Plan Documents and Summary Plan Descriptions for all plans.
- Participate on other HR related projects as assigned.
Technical Knowledge/Skill/Education/Licenses/Certifications:
Technical Knowledge/Skill:
- Requires moderate knowledge of ERISA, DOL, IRS and state codes
- Ability to conceptualize and review standard financial analyses
- Ability to meet agreed upon set of developmental goals for this position
- Strong communication and presentation skills
- Ability to use PC desktop applications (e.g., Microsoft Word, Excel, Project Management and HRIS Applications)
Education:
- Bachelor’s Degree in Business, related discipline or equivalent experience
Experience:
- Minimum of five (5) or more years of experience in benefit program design and administration
Licenses & Certifications:
- CEBS; Benefits Certification preferred
Working Conditions:
- Must be available to work emergency restoration assignment as required.
- Must be available to travel between MA/CT/NH as necessary.
Eversource Energy offers a competitive total rewards program. The annual salary range for this position is $84,800-117,110/year, plus incentive. Salary is commensurate with your experience. Please check our career site for an overview of our benefits.
#corpajd
Worker Type:
RegularNumber of Openings:
1EEO Statement
Eversource Energy is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.
VEVRRA Federal Contractor
Emergency Response:
Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.
Overview
Eversource is always looking for employees who share the values that help make us one of the leading energy companies in the country. Our Corporate areas work collaboratively and strategically with all areas of the business to set policy and drive strategic direction. We create value for our business areas by delivering consistent, quality, cost-effective services, and leading change to build a more engaged workplace and a performance culture. You'll have a variety of opportunities to further your career. We have a great working environment, excellent compensation and benefit programs, and opportunities for growth and development.
Learn more about careers in IT, Finance/Accounting, Legal, Human Resources and Corporate Relations.
About us
Success Profile
What makes a successful Corporate member?
Check out the top traits we're looking for and see if you have the right mix.
- Collaborative
- Customer Focus
- Team Player
- Adaptable
- Detail Oriented
- Positive
Culture
Our goal is to remain the best energy company in the nation, and to be the first with carbon-neutral operations by 2030.
We will achieve this by valuing the diversity of employees who bring different perspectives to the table. We are committed to:
- Creating an inclusive workplace where all employees, customers and stakeholders are respected and valued.
- Leveraging the talent, unique perspectives, cultural and life experiences of every employee to ensure our continued success.
- Attracting, developing and retaining a diverse workforce that can work together to meet the changing needs of the customers we serve while delivering reliable energy and superior customer service.
Over the past year, Eversource and employees contributed:
103 events with more than 23,000 hours and 4,900 employees—that's what Eversource volunteers accomplished in 2021 to help our communities across CT, NH, and MA. Whether it was collecting food for the holidays, passing out food in a local kitchen, or pulling trash out of the Connecticut River, we were there. Take a look at some highlights in this video.
Employee Quotes
Job Description
Senior Benefits Consultant
10/07/2024Locations: Westwood, Massachusetts; Berlin, Connecticut
Role and Scope of Position:
Responsible for conducting moderate-level research, analysis and evaluation of all Eversource’s benefit programs (Health & Welfare, and Retirement) and provides recommendations to help ensure the Company retains a competitive benefits posture in the market place. Assists with the development of recommendations concerning the design, funding, administration and communication of corporate benefit plans consistent with all pertinent federal and state laws, regulations and administrative rulings. Leads various projects ranging from the design, implementation and communications of programs to the organization and execution of open enrollment. Interacts with Company professionals within Human Resources, Finance and Legal, as well as with vendors, actuaries and third-party administrators. Remains current with all pending and enacted legislation, as well as with new benefit trends, to ensure Eversource’s benefit programs remain in compliance and supportive of the Company’s employee value proposition.
Essential Functions:
- Plans, conducts and oversees moderate research and administrative assignments.
- Work with the HR operations team to help ensure smooth delivery of employee benefits, and occasionally offer expertise and guidance to HR Operations leadership on unusual and difficult customer requests.
- Assists with the requirements needed to develop or enhance the HRIS system.
- Recommends new, or revisions to existing, benefit programs including the design, funding, participation, communication, administration and carriers.
- Serves as the project manager and oversees the work of internal resources, as well as that of insurance carriers and other third-party administrators, concerning the introduction and implementation of new or revised programs.
- Maintains up-to-date expertise about developments in benefits plan design and administration.
- Remains current with pending or enacted legislation and provides management with necessary recommended changes to ensure existing benefit programs are in compliance with federal or state laws.
- Participates in the completion of actuarial valuations, premium statement reviews, discrimination testing, open enrollment and special studies and benchmarking as required.
- Consults on benefit communications programs including employee/participant facing communications and internal operations administration support documents.
- Works with various aspects of the Eversource Health Plans and Retirement Plans including research, design, finance and administration and ensures the privacy of plan participants’ protected health information in compliance with the Health Insurance Portability and Accountability Act (HIPAA).
- Contribute to the development and maintenance of Plan Documents and Summary Plan Descriptions for all plans.
- Participate on other HR related projects as assigned.
Technical Knowledge/Skill/Education/Licenses/Certifications:
Technical Knowledge/Skill:
- Requires moderate knowledge of ERISA, DOL, IRS and state codes
- Ability to conceptualize and review standard financial analyses
- Ability to meet agreed upon set of developmental goals for this position
- Strong communication and presentation skills
- Ability to use PC desktop applications (e.g., Microsoft Word, Excel, Project Management and HRIS Applications)
Education:
- Bachelor’s Degree in Business, related discipline or equivalent experience
Experience:
- Minimum of five (5) or more years of experience in benefit program design and administration
Licenses & Certifications:
- CEBS; Benefits Certification preferred
Working Conditions:
- Must be available to work emergency restoration assignment as required.
- Must be available to travel between MA/CT/NH as necessary.
Eversource Energy offers a competitive total rewards program. The annual salary range for this position is $84,800-117,110/year, plus incentive. Salary is commensurate with your experience. Please check our career site for an overview of our benefits.
#corpajd
Worker Type:
RegularNumber of Openings:
1EEO Statement
Eversource Energy is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, sexual orientation, gender identity, national origin, religion, disability status, or protected veteran status.
VEVRRA Federal Contractor
Emergency Response:
Responding to emergency situations to meet customers’ needs is part of every employee’s role. If employed, you will be given an Emergency Restoration assignment. This means you may be called to assist during an emergency outside of your normal responsibilities, work hours and location.
Benefits
Eversource employees are committed to providing reliable energy and superior customer service—and that's why we are committed to providing our employees with a highly competitive total rewards package. In addition to wages and salaries, the benefit programs Eversource offers its employees and family members are a significant part of the total rewards.
Healthcare, Wellness & Disability Protection for you and your Family
- Comprehensive Medical, Prescription, Dental, and Vision Plans, choose the coverage that is right for you and your family
- High deductible health plan option, with generous health savings account (HSA), employer contribution, ($500 individual; $1,000 employee +1 or more)
- Company-paid employee life and accident insurance and options to purchase additional coverage for you and your family
- An award-winning Wellness Program provides up to $200 annually for employees and spouses to adopt and maintain healthy lifestyles
- Health and Dependent care reimbursement accounts
- Sick Time, Short-Term & Long-Term Disability Plans
Work/Life Balance Benefit Programs
- Employee Assistance Program (EAP)
- Multi-faceted Behavioral Health Program
- Care@Work Program (child/elder care), membership/stipend for emergency services
- Adoption Assistance (eligible employees)
- Tuition Reimbursement, Student Loan Refinancing & Student Debt Counselling
- Voluntary benefits platform to access discounted home & auto, identity protection and pet insurance
- Charity donation gift matching
- Volunteer hours at local charities with rewards to our Wellness Program
- Generous time off
- Business Resource Groups for social connection and career development
Retirement Benefits for a Secure Future
- 401k: Up to 100% Employer Match on first 3% of employee's contributions
- K-Vantage: Additional Employer Contribution to the 401k based on age and years of service (2.5% to 6.5%)
- Med-Vantage HRA: Age 40+, receive annual $1,000 contribution to an HRA for post-employment qualified medical expenses