Retirement specialist vs benefit specialist

Differences between retirement specialist and benefit specialist duties and responsibilities

Retirement specialist example responsibilities.

• Manage and resolve participant escalations and requests from DOL.
• Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
• Review social security, Medicare, annuities and tax relate questions.
• Process recalculations and payroll for retirees resuming their retirement benefits.
• Utilize ASC and SRT recordkeeping systems.
• Educate participants, clients and third party facilitators on various ERISA regulations and procedures.
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Benefit specialist example responsibilities.

• Manage various employee program such as life, medical, dental pension, and HSA accounts.
• Examine HMO documents to verify eligibility to process or reject into or from a manage care plan when necessary.
• Input daily time and PTO, manage benefits, report new hires, input sales, oversee accounts receivable.
• Create reports using SQL database and manage reports, perform from internet-base tools for research projects need for client insight.
• Implement new vendor for FSA administration and manage outstanding issues through continuous follow-up and vendor accountability.
• Analyze, process and manage FMLA claims to determine eligibility and certification in compliance with state and federal regulations.
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