Benefits Consultant - Consultant Senior
Company: American Electric Power
Posted on: October 15, 2021
Proactively seek, develop, and advance innovative design
recommendation to further key business strategies as well as talent
attraction and retention. Work independently to provide oversight,
support, and analysis of system benefit plans and work-life
programs, e.g., pension, employee insurance, executive benefits,
savings, sick leave, etc. This includes maintenance of ongoing
efforts to keep system plans competitive and cost effective by
being aware of current benefit market conditions and legislative
activities. Furnish guidance on AEP benefit plans and their
administration to the various HR organizations. Apply knowledge
regarding AEP's business, industry data, and financial strategies
Essential Job Functions:
Apply broad knowledge of
employee benefit programs, including health insurance, pension,
401K, SERP, and other executive benefits and paid time off to
program oversight and administration.
Conduct research, analyze benefit plan trends, and provide input on
benefits strategy and programs to keep AEP System plan competitive
and within guidelines and objectives.
Develop and present ideas for new benefit plan designs that enhance
their functional capacity for the Company and better serve
Analyze probable effects and resultant impact of change in System
benefit programs and assist in the development of the communication
to inform upper management.
Lead benefits projects with a focus on both change and project
management and inclusion of key stakeholders.
Recommend and maintain administrative controls and audits in System
benefit plan administration to ensure efficient operation including
maintenance of necessary records and procedures to control plan
Development of effective communications that promote System benefit
plans and keep employees informed of the value of Company sponsored
benefit plans to maximize employee relations aspects.
Conduct research for long-range benefits planning; prepare
documentation for reporting findings and include clearly stated
Serve as communication and operational liaison between benefit plan
vendors and other HR organizations.
NOTE: This position
will be filled at the level commensurate with the qualifications
and experience of the selected candidates as compared to the
minimum education and experience requirements listed
Education: Bachelor's Degree in Human
Resources, Insurance, Economics, or related
field; or Associate's Degree with Two (2) years of
HR experience; or High School Diploma/GED with
Four (4) years of HR experience, in addition to any experience
Experience: Four (4) years of HR experience,
to include Two (2) years of benefits plan design experience, in
addition to any experience required in lieu of degree; Six (6)
years of HR experience, including Three (3) in benefits plan design
required for consideration at Senior level; Experience in
OTHER REQUIREMENTS - ADDITIONAL
Certified Employee Benefits Specialist (CEBS) or Certified Benefits
Professional (CBP) designation preferred.
Strong verbal and written communication skills.
Keywords: American Electric Power, Columbus , Benefits Consultant - Consultant Senior, Other , Columbus, Ohio
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