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Become A Benefit Specialist

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Working As A Benefit Specialist

  • Getting Information
  • Analyzing Data or Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Interacting With Computers
  • Evaluating Information to Determine Compliance with Standards
  • Mostly Sitting

  • $73,310

    Average Salary

What Does A Benefit Specialist Do

A Benefit Specialist oversees and administers the employee benefits programs at a company. They assist employees with benefits issues and provide necessary reports for allocation and billing charges.

How To Become A Benefit Specialist

Compensation, benefits, and job analysis specialists typically need a bachelor’s degree, and some specialists need related work experience.

Education

Most employers require that compensation, benefits, and job analysis specialists have a bachelor’s degree. Many specialists have a degree in human resources, business administration, finance, communication, or a related field. Some employers may accept previous work experience in lieu of a formal degree.

Not all colleges and universities offer an undergraduate degree in human resources, but many offer courses in human resources management, compensation analysis, and benefits administration. Students with a background in other disciplines may benefit from taking courses in business, management, finance, and accounting.

Work Experience in a Related Occupation

For many jobs, compensation, benefits, and job analysis specialists must have previous work experience. Employers commonly require that the previous experience includes performing compensation analysis, benefits administration, or general human resources work. Experience in related fields such as finance, insurance, or business administration, also may be beneficial.

Jobseekers without a degree in human resources must have relevant work experience. Some workers may gain this experience through internships. However, most gain experience from working in human resources.

Licenses, Certifications, and Registrations

Although certification is not required, it can demonstrate professional expertise. Some employers prefer to hire certified candidates, but many employers will have their employees become certified after they are already working. Certification programs for management positions often require several years of related work experience in order to qualify for the credential.

Many associations for human resources workers offer classes to enhance the skills of their members. Some associations, including the International Foundation of Employee Benefit Plans and WorldatWork, offer certification programs that specialize in compensation and benefits. Others, including the HR Certification Institute and the Society for Human Resource Management, offer general human resources credentials.

Advancement

Compensation, benefits, and job analysis specialists may advance to a compensation and benefits manager or a human resources manager position. Specialists typically need several years of work experience to advance.

Important Qualities

Analytical skills. Many specialists perform data or cost analyses to form logical conclusions. For example, they may analyze the cost of choosing a particular salary scale for a class of workers.

Business acumen. Specialists must understand basic finance and accounting.

Communication skills. Specialists often work with employees throughout their organization to provide information on compensation and benefits. They may give presentations or advise managers or employees about compensation policies or benefit plans.

Critical-thinking skills. Specialists must think critically when evaluating job positions, salary scales, promotion practices, and other compensation and benefits policies.

Detail oriented. Specialists must pay attention to detail, especially when ensuring that the organization is compliant with federal and state laws.

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Benefit Specialist jobs

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Real Benefit Specialist Salaries

Job Title Company Location Start Date Salary
Benefits Specialist Pricewaterhousecoopers New York, NY Nov 30, 2016 $172,037
Compens., Benefits & Job Analysis Specialists Microsoft Corporation Fort Lauderdale, FL Jul 22, 2011 $108,000
Health & Benefits Specialist-Actuarial Hewitt Associates LLC Newport Beach, CA Apr 01, 2015 $97,775
Health and Welfare Benefits Specialist United Technologies Corporation Farmington, CT Aug 27, 2015 $91,416 -
$113,500
Health and Welfare Benefits Specialist United Technologies Corporation Farmington, CT Sep 09, 2016 $91,416 -
$117,500
Health and Wellness Benefits Specialist United Technologies Corp Farmington, CT Jul 15, 2016 $91,416 -
$113,500
Benefits Administration Consultant IBM Corporation Coppell, TX Oct 31, 2016 $85,197 -
$135,000
Global Retirement Benefits Specialist Cummins Inc. Nashville, TN Sep 01, 2015 $80,766 -
$84,700
Specialist-Benefits Verizon Corporate Resources Group LLC Ridgefield, NJ Sep 15, 2010 $79,254
Health & Welfare Benefits Specialist United Technologies Corporation Hartford, CT Jan 07, 2013 $79,102 -
$105,000
Peoplesoft Benefits Admin Erp Analysts, Inc. San Leandro, CA Sep 23, 2016 $73,445
Corporate Benefits Specialist Mitek USA, Inc. Chesterfield, MO Aug 17, 2015 $70,000
Benefits Specialist Wyoming Medical Center Casper, WY Oct 01, 2011 $65,991
Benefits Administrator Sagatianz Inc. Dallas, TX Sep 16, 2016 $65,000
Health and Benefits Actuarial Specialist AON Risk Services, Inc. of Maryland Baltimore, MD Aug 31, 2016 $64,710
Health & Benefits Specialist-Actuarial Hewitt Associates LLC Somerset, NJ Sep 18, 2013 $64,000 -
$84,000
Global Retirement Benefits Specialist Cummins Inc. Nashville, TN Sep 12, 2012 $63,128 -
$77,300
Comp., Benefits, & Job Analysis Specialists Johnson Controls, Inc. Milwaukee, WI Mar 16, 2012 $61,360 -
$85,690
Health and Benefits Actuarial Specialist AON Risk Services, Inc. of Maryland Baltimore, MD Sep 15, 2015 $60,500
Benefit Specialist Automatic Data Processing, Inc. Eagan, MN Sep 28, 2014 $58,728
Global Retirement Benefits Specialist Cummins Inc. Nashville, TN Jul 01, 2015 $58,220 -
$81,500
Actuarial Benefits Specialist II (Retirement BEN. Hewitt Associates LLC The Woodlands, TX Apr 07, 2011 $57,512 -
$72,000
Corporate Benefits Administrator Swissport USA, Inc. Dulles Town Center, VA Sep 23, 2012 $53,000
SR. Benefits Administrator Pacific Coast Companies, Inc. Rancho Cordova, CA Oct 15, 2012 $52,499 -
$58,499
Benefits Specialists Sumitomo Life Insurance Agency America, Inc. Torrance, CA Feb 20, 2008 $50,443
Health & Benefits Specialist-Actuarial Hewitt Associates LLC Atlanta, GA Sep 14, 2013 $50,000 -
$84,000
Benefits Specialist The Peninsula Chicago, LLC Chicago, IL Sep 14, 2016 $50,000

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Top Skills for A Benefit Specialist

PayrollSystemCobraLong-TermDisabilityCustomerServiceFmlaHRBenefitPlansLifeInsuranceBenefitProgramsKHrisBenefitsAdministrationAuditMedicalClaimsAbsenceResourceADPDataEntryHealthInsuranceFSA

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Top Benefit Specialist Skills

  1. Payroll System
  2. Cobra
  3. Long-Term Disability
You can check out examples of real life uses of top skills on resumes here:
  • Maintained personnel files, the payroll system and pulled reports using ADP/PC Payroll, Report Smith and Etime systems.
  • Conducted exit interviews, prepared COBRA and benefits termination notices for exiting employees.
  • Processed Family Medical Leave and Short/Long-Term Disability.
  • Developed long term relationships with Corporate Decision makers through strategy sessions and customer service of their employee benefit plans and renewals
  • Processed Life Insurance Claims, LTD, FMLA and COBRA Administration, Workers Compensation and Retiree billing.

Top Benefit Specialist Employers

Benefit Specialist Videos

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