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Thor Powell
Benefit Director
Summary
Highly accomplished Benefit Director with 10+ years of experience in employee benefits consulting, plan design, compliance management, and regulatory analysis. Proven ability to reduce employee turnover, increase employee satisfaction, and save organizations millions of dollars through strategic benefit planning and implementation.
Key accomplishments include:
- Established and implemented a comprehensive employee benefits program, resulting in a 15% decrease in employee turnover and a 9% increase in employee satisfaction.
- Negotiated and secured competitive rates for health insurance and other employee benefits, saving the company over $500,000 annually.
- Developed and implemented a wellness program that reduced healthcare costs by 12% and improved employee productivity.
- Managed a team of benefits professionals, providing guidance and support on all aspects of employee benefits.
- Collaborated with HR and other departments to ensure that employee benefits align with business goals.
- Conducted regular audits and reviews of the employee benefits program to ensure compliance and effectiveness.
- Stayed abreast of industry best practices and emerging trends in employee benefits.
- Successfully implemented a voluntary benefits program that increased employee participation and satisfaction.
Education
Bachelor’s Degree in Human Resources, Business Administration
December 2014
Skills
- Employee Benefits Consulting
- Benefit Plan Design
- Compliance Management
- Regulatory Analysis
- Data Analysis
- Budgeting and Forecasting
Work Experience
Benefit Director
- Collaborated with HR and other departments to ensure that employee benefits align with business goals.
- Conducted regular audits and reviews of the employee benefits program to ensure compliance and effectiveness.
- Stayed abreast of industry best practices and emerging trends in employee benefits.
- Successfully implemented a voluntary benefits program that increased employee participation and satisfaction.
Benefit Director
- Established and implemented a comprehensive employee benefits program, resulting in a 15% decrease in employee turnover and a 9% increase in employee satisfaction.
- Negotiated and secured competitive rates for health insurance and other employee benefits, saving the company over $500,000 annually.
- Developed and implemented a wellness program that reduced healthcare costs by 12% and improved employee productivity.
- Managed a team of benefits professionals, providing guidance and support on all aspects of employee benefits.
Accomplishments
- Reduced healthcare costs by 10% by implementing a valuebased care program
- Improved employee satisfaction with benefits by 15% by conducting a benefits needs assessment and making targeted changes
- Negotiated a 12% reduction in premiums for group health insurance by leveraging data and market research
- Developed and implemented a comprehensive benefits communication strategy that increased employee understanding of their benefits and reduced inquiries by 20%
- Created a selfservice benefits portal that allows employees to manage their own accounts and make informed benefits decisions
Awards
- Employee Benefits Quality Award (EBQA) from the International Foundation of Employee Benefit Plans (IFEBP)
- Best Benefit Plan Design Award from the National Association of Health Underwriters (NAHU)
- Top 50 Benefits Innovator Award from Business Insurance magazine
Certificates
- Certified Employee Benefit Specialist (CEBS)
- Certified Retirement Benefits Specialist (CRBS)
- Group Benefits Associate (GBA)
- Certified Pension Consultant (CPC)
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How To Write Resume For Benefit Director
- Highlight your accomplishments and quantify your results. When describing your experience, be sure to include specific examples of how you have improved employee benefits programs and saved organizations money.
- Tailor your resume to each job you apply for. Take the time to read the job description carefully and tailor your resume to highlight the skills and experience that are most relevant to the position.
- Use keywords from the job description. When writing your resume, be sure to use keywords from the job description so that it is more likely to be seen by potential employers.
- Proofread your resume carefully. Before submitting your resume, be sure to proofread it carefully for any errors in grammar or spelling.
- Get feedback from a professional. If possible, have a professional resume writer or career counselor review your resume to provide feedback and suggestions for improvement.
Essential Experience Highlights for a Strong Benefit Director Resume
- Lead the design, implementation, and administration of comprehensive employee benefits programs, including health insurance, dental insurance, vision insurance, life insurance, and retirement plans.
- Negotiate and secure competitive rates for employee benefits, ensuring cost-effectiveness and compliance with industry standards.
- Analyze employee benefits data to identify trends, evaluate the effectiveness of programs, and make recommendations for improvements.
- Stay abreast of industry best practices and regulatory changes to ensure that the employee benefits program is compliant and up-to-date.
- Collaborate with HR and other departments to develop and implement employee benefits strategies that align with the organization’s overall goals.
- Manage a team of benefits professionals, providing guidance and support to ensure the smooth operation of the employee benefits program.
- Develop and implement wellness and health promotion programs to improve employee health and reduce healthcare costs.
Frequently Asked Questions (FAQ’s) For Benefit Director
What is the role of a Benefit Director?
A Benefit Director is responsible for the design, implementation, and administration of employee benefits programs. This includes negotiating and securing competitive rates for benefits, analyzing data to identify trends and make recommendations for improvements, and staying abreast of industry best practices and regulatory changes.
What are the qualifications for a Benefit Director?
Most Benefit Directors have a bachelor’s degree in human resources, business administration, or a related field. They also typically have several years of experience in employee benefits consulting, plan design, compliance management, and regulatory analysis.
What are the key skills for a Benefit Director?
Key skills for a Benefit Director include employee benefits consulting, plan design, compliance management, regulatory analysis, data analysis, budgeting, forecasting, and negotiation.
What is the salary range for a Benefit Director?
The salary range for a Benefit Director can vary depending on experience, location, and company size. According to Salary.com, the median annual salary for a Benefit Director in the United States is $115,231.
What are the job prospects for Benefit Directors?
The job prospects for Benefit Directors are expected to be good over the next few years. As the number of employees in the United States continues to grow, so will the demand for qualified Benefit Directors to manage their employee benefits programs.
What are the benefits of working as a Benefit Director?
Benefits of working as a Benefit Director include competitive salary and benefits, the opportunity to make a real difference in the lives of employees, and the chance to stay abreast of the latest trends in employee benefits.
What are the challenges of working as a Benefit Director?
Challenges of working as a Benefit Director include keeping up with the ever-changing regulatory landscape, managing the costs of employee benefits, and dealing with the needs of a diverse workforce.