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Benefits representative vs benefits advisor

The differences between benefits representatives and benefits advisors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a benefits representative and a benefits advisor. Additionally, a benefits advisor has an average salary of $71,377, which is higher than the $38,694 average annual salary of a benefits representative.

The top three skills for a benefits representative include customer service, patients and insurance coverage. The most important skills for a benefits advisor are insurance benefits, patients, and inbound calls.

Benefits representative vs benefits advisor overview

Benefits RepresentativeBenefits Advisor
Yearly salary$38,694$71,377
Hourly rate$18.60$34.32
Growth rate7%7%
Number of jobs13,05848,023
Job satisfaction-3
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 56%
Average age4545
Years of experience66

What does a benefits representative do?

A benefits representative is responsible for facilitating and disseminating information about benefits programs and policies across all employees in the company. Benefits representatives respond to the employees' inquiries and concerns of benefits processes, update their benefits information, and resolve discrepancies and disputes. They also support the company's initiatives on developing new benefits plans, implementing campaigns, as well as writing application guides for reference. A benefits representative should have excellent communication and organizational skills as they also conduct surveys to check the efficiency and effectiveness of the benefits programs and adjusting procedures as needed.

What does a benefits advisor do?

A benefits advisor specializes in devising benefits programs and strategies for a workforce, ensuring they are well-compensated for their hard work. Typically, their responsibilities revolve around performing research and analysis to identify the needs of employees in a company, studying the benefit programs of competitors, and assessing the existing programs while putting the company's welfare into consideration. They must prepare reports and presentations for clients, provide cost-estimates and business plans, and evaluate risks, all while adhering to the company's policies and regulations, including its vision and mission.

Benefits representative vs benefits advisor salary

Benefits representatives and benefits advisors have different pay scales, as shown below.

Benefits RepresentativeBenefits Advisor
Average salary$38,694$71,377
Salary rangeBetween $29,000 And $51,000Between $46,000 And $109,000
Highest paying CityNew York, NYVancouver, WA
Highest paying stateNew JerseyWashington
Best paying companyBlackRockChevron
Best paying industryFinanceGovernment

Differences between benefits representative and benefits advisor education

There are a few differences between a benefits representative and a benefits advisor in terms of educational background:

Benefits RepresentativeBenefits Advisor
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 56%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Benefits representative vs benefits advisor demographics

Here are the differences between benefits representatives' and benefits advisors' demographics:

Benefits RepresentativeBenefits Advisor
Average age4545
Gender ratioMale, 30.3% Female, 69.7%Male, 41.2% Female, 58.8%
Race ratioBlack or African American, 11.0% Unknown, 3.6% Hispanic or Latino, 16.2% Asian, 7.0% White, 61.9% American Indian and Alaska Native, 0.3%Black or African American, 11.4% Unknown, 3.6% Hispanic or Latino, 15.3% Asian, 7.7% White, 61.6% American Indian and Alaska Native, 0.3%
LGBT Percentage9%9%

Differences between benefits representative and benefits advisor duties and responsibilities

Benefits representative example responsibilities.

  • Determine eligibility and process FMLA initial notification letters for employees which lead to immediate use of benefits.
  • Service consumers inbound inquires via phone and live chat regarding HRA, FSA and HSA accounts.
  • Work with clients to ensure ACA compliance.
  • Train in and apply HIPAA privacy and security regulations and maintain strict confidentiality of claims.
  • Contact any FSA or HRA groups concerning any outstanding payments for claims and/or admin fee invoices.
  • Produce benefit-related reports from HRIS.
  • Show more

Benefits advisor example responsibilities.

  • Manage broker and group accounts throughout the year administering qualify changes, terminations, and ACA compliance.
  • Create reports using SQL database and manage reports, perform from internet-base tools for research projects need for client insight.
  • Function as a liaison between the patient, hospital and governmental agencies to obtain documentation require for Medicaid eligibility determination.
  • Maintain employee benefit records in HRIS system, including qualifying event records, personal information updates, and employment status changes.
  • Evaluate patients for existing insurance coverage, federal and state assistance programs, or hospital charity application.
  • Use tactful and effective interview techniques to obtain pertinent information to assure accurate eligibility determination for Medicaid.
  • Show more

Benefits representative vs benefits advisor skills

Common benefits representative skills
  • Customer Service, 18%
  • Patients, 18%
  • Insurance Coverage, 8%
  • Medicaid, 6%
  • Insurance Carriers, 5%
  • Term Disability, 4%
Common benefits advisor skills
  • Insurance Benefits, 21%
  • Patients, 12%
  • Inbound Calls, 10%
  • Medicare Advantage, 6%
  • Insurance Products, 6%
  • Medicaid, 5%

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