Sr Benefits Consultant

We're powering a cleaner, brighter future.

Exelon is leading the energy transformation, and we're calling all problem solvers, innovators, community builders and change makers. Work with us to deliver solutions that make our diverse cities and communities stronger, healthier and more resilient.

We're powered by purpose-driven people like you who believe in being inclusive and creative, and value safety, innovation, integrity and community service. We are a Fortune 200 company, 19,000 colleagues strong serving more than 10 million customers at six energy companies -- Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco).

In our relentless pursuit of excellence, we elevate diverse voices, fresh perspectives and bold thinking. And since we know transforming the future of energy is hard work, we provide competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career.

Are you in?

Health & Welfare Plans subject matter expert, responsible for operations of the Exelon's Health & Welfare Plans, including COBRA, Retiree Health care and FSA/HSA, severance, tuition assistance, adoption and additional plans and programs. Partners with HR professionals, ERISA and Employment Legal, Labor, OHS, IT, Benefits Strategy and Payroll to assure H&W Plan compliance and operational excellence. Provides vendor management for third party administrators (TPAs) related to delivery of H&W administration services. Understands the end-to-end administration processes and creates/designs new processes. Works directly with the H&W Plans Administrator to resolve plan, policy or ERISA appeal issues.

PRIMARY DUTIES AND ACCOUNTABILITIES

• Subject matter expert in H&W plans and programs, plan administration and H&W benefit plan compliance assuring accurate and in compliance administration of the Exelon HW Plans and programs.
• Vendor management of TPAs, participating/managing key projects and assuring TPA compliance with contractual performance standards, Plan requirements, and applicable legislation including ERISA, the Internal Revenue Code and the Department of Labor. Includes evaluating H&W plan provisions and bargaining contracts for accurate operations.
• Leads H&W benefit plan presentations for employees and meets with key executives joining Exelon or retiring to provide personalized benefits information, including executive benefits, to them.
• Identifies, develops, and implements process improvements to ensure accurate and high quality plan administration and high customer satisfaction, including analysis of data as needed.
• Partners with the TPA to support Open Enrollment, including COBRA enrollment, severance enrollment, and benefit deduction and earnings payroll and accounting planning and reconciliations,
• Assists business units, TPAs, and the Employee Service Center in resolving escalated participant issues regarding matters of plan design and administration

POSITION SCOPE

• Responsible for administering plans according to Exelon plan documents and legislative compliance
• Significant independent decision-making opportunities and responsible for setting operational direction.
• Interaction with company executives to communicate benefits, as required.
• Operates independently with little or no supervision.
• Working effectively in a team environment with strong interpersonal skills

MINIMUM:

• 4-year degree (or 3 to 4 years experience in H&W benefits in lieu of 4-year degree) and a minimum of 3 to 8 years or more in H&W corporate benefits, benefits administration or consulting.
• Excellent written communications and analytical skills\
• Project management experience and skill set.
• Proven ability in vendor management
• Ability to analyze and summarize data and prepare solutions for management review
• Excellent customer service skills, strong communications skills, and solid project management skills.
• Understanding of H&W Plans.
• Ability to work well in project environment.
• Makes decisions based on analysis of relevant information including plan documents, problems, root cause analysis, priorities, critical issues, and alternatives.
• Works with others to achieve common goals that result in more than what could be done individually.
• Advanced skills in accountability, ownership and a strong sense of urgency in responding to customers
• Knowledge of applicable laws and regulations

PREFERRED:

• Certified Employee Benefits Specialist HW courseor other H&W course completed
• Experience in H&W Corporate Benefits or H&W TPA