Xcel Energy

Benefits Specialist (contract)

Benefits Specialist (contract)
Notice info
LocationMinneapolis, MN
Job Typecontract
On-site
Utilities

About This Job

Job Summary

This role is essential in shaping and managing the benefits offerings for our firm, ensuring that employees are well-informed and supported in their choices. The individual will negotiate terms and renewals with vendors and brokers, while also overseeing the administration of benefits across all offices. A key aspect of this position involves maintaining strong relationships with employees, brokers, and vendors to facilitate effective communication and support. The successful candidate will conduct open enrollments, ensure compliance with ERISA and COBRA regulations, and manage a variety of health and welfare plans, including disability, HCRA, DCRA, life insurance, medical, dental, 401(k) programs, employee exit programs, transportation programs, and time off management.

Responsibilities

- Plan and communicate benefits offerings to employees.

- Negotiate benefits terms and renewals with vendors and brokers.

- Manage benefits administration for all office locations.

- Maintain day-to-day relationships with employees, brokers, and vendors.

- Conduct open enrollment sessions for employee benefits.

- Ensure compliance with ERISA and COBRA regulations.

- Oversee health and welfare plan administration including disability, HCRA, DCRA, life insurance, medical, dental, 401(k) program, employee exit program, transportation programs, and time off management.

- Communicate effectively about employee benefit offerings to ensure understanding among staff.


Skills

- Strong negotiation skills with experience in vendor management.

- Excellent communication skills for effective interaction with employees at all levels.

- In-depth knowledge of ERISA and COBRA compliance requirements.

- Ability to manage multiple projects simultaneously while maintaining attention to detail.

- Proficient in benefits administration processes and best practices.


Qualifications

- Bachelor’s degree in Human Resources, Business Administration or related field preferred.

- Relevant certifications in benefits administration or human resources (e.g., CEBS or PHR/SPHR) are a plus.

- Previous experience in benefits management or human resources is highly desirable.

Pay Rate Range

Min Pay Rate Max Pay Rate Currency Unit 38.16 50.88 USD hourly

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