Published at Sunday, August 11th, 2019 - 01:49:19 AM. Resume. By Laurene Delannoy.
Benefits Administrators oversee the systems of compensation and benefits for companies. Resumes for this position highlight such responsibilities as reviewing plan information for defined benefit plans and participant data to determine eligibility categories; assisting with special projects to correct and adjust benefit calculations; analyzing reconciliation reports, pension estimates, and automated calculations; and preparing automated benefit calculations. There are no formal education requirements for this position, though undergraduate degrees in human resources management or relevant areas do appear on example resumes in the field.
Administer all aspects of over 500 employees’ 401(k) accounts with over $60 million in assets. Provide excellent customer service, process distribution and loan paperwork, and communicate with 401(k) vendors. Responsible for servicing client sponsored 401(k) Plans including uploading contributions on the various provider websites. Work with Financial Educators and Insurance Agents to help prepare proposals for potential clients, implement new accounts, schedule appointments and track commissions. Coordinate employees’ voluntary benefits including determining their interests and working with vendors to implement policies. Work daily with Microsoft Word, Excel, Outlook and CRM.
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