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Benefits Advisor

Value Proposition

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

Overview

Plays a key role in the design, implementation, and administration of Fulton Bank's employee benefits programs. This role will analyze and optimize Fulton's offerings, ensure compliance with regulations, and provide strategic insights into programs and utilization to enhance Fulton's Total Rewards package. May mentor and train other staff members.

Responsibilities

  • Manages the day-to-day administration and evaluation of Fulton’s benefits offerings including but not limited to health and welfare, retirement, Short-Term Disability and Wellness programs.
  • Updates all plan documents and provides required documentation and materials for internal and external audits. Generates reports as needed for management. Takes the lead on benchmarking studies to evaluate the competitiveness of Fulton’s offerings and makes recommendations on changes.
  • Ensures compliance with regulations including the Affordable Care Act, ERISA, Family and Medical Leave Act, Americans with Disabilities Act and other federal and state laws governing the administration of employee benefits. Confers with internal and external counsel as needed for guidance on compliance with laws and regulations.
  • Leads the annual open enrollment and year end processes. Maintains up to date benefits materials and assists with annual training and education of Fulton’s benefits offerings. Collaborates with various outside vendors to coordinate all required information and testing for annual enrollment processes.
  • Prepares benefits communications materials, develops and conducts benefits webinars as needed, and communicates frequently over the phone, in writing, and via email with employees, retirees, spouses and other family members to analyze and resolve benefits issues and problems.
  • Interacts regularly with payroll and various HR functions in an effort to enhance the employee experience. Reviews and monitors internal and external procedures and processes, recommends changes that will enhance efficiencies and remove manual interventions. Notifies relevant stakeholders of any regulatory changes that require system updates and monitors the implementation and upgrades through completion to ensure regulatory compliance. Serves as the Benefits liaison in relation to system upgrades and implementations that impact the Benefits area.
  • Consults with department managers and outside vendors regarding complex and difficult benefits situations. Manages the relationship with outside vendors, overseeing all upgrades and implementations of vendor systems that affect the Benefits area. Communicates effectively with the Benefits staff and other internal stakeholders on vendor related changes and updates all communication materials that may be impacted.

 

Additional Responsibilities

  • May oversee other benefits staff through open enrollment or year-end processes.

Qualifications

Education

Bachelor's Degree or the equivalent experience. Specialty: Business Administration, Human Resources, Finance or related field. (Required)

Experience

5 or more years employee benefits administration. (Required)

Certifications

CEBS or SHRM-SCP. (Preferred)

Knowledge, Skills, and Abilities

  • Strong analytical skills with proficiency in data analysis tools. (Required)
  • In-depth knowledge of employee benefits laws and regulations. (Required)
  • Excellent interpersonal communication skills with the ability to present complex information clearly. (Required)
  • Project management skills. (Required)
  • Proficiency in Microsoft Excel, Word, PowerPoint. (Required)

 

 Other Duties as Assigned by Manager

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Pay Transparency

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

 

The salary range for this position is $75,100.00 - $125,200.00 annually.

Additional Compensation Components

 

This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

Benefits

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

EEO Statement

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.

Average salary estimate

$100150 / YEARLY (est.)
min
max
$75100K
$125200K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Benefits Advisor, Fulton Bank

Fulton Bank is seeking a passionate and experienced Benefits Advisor to join our dynamic team, working remotely! In this crucial role, you'll be at the heart of our employee benefits programs, playing a key part in designing, implementing, and administering these offerings. Your analytical skills will shine as you optimize our benefits package, ensuring it meets compliance standards and delivers real value to our employees. This position demands a proactive individual who is an excellent communicator and possesses in-depth knowledge of employee benefits laws and regulations. As you manage daily operations—from health and welfare plans to retirement and wellness programs—you’ll also take charge of our annual open enrollment processes, collaborating with various vendors and updating our benefits materials. You will have the chance to mentor fellow staff members while making a significant impact on our employees' wellbeing. If you're an organized, dedicated professional with a knack for project management and a Bachelor’s degree in a related field, this is the perfect opportunity for you to grow with Fulton Bank. Come help us create an inclusive and thriving environment for our team while contributing to the communities we serve!

Frequently Asked Questions (FAQs) for Benefits Advisor Role at Fulton Bank
What are the key responsibilities of the Benefits Advisor at Fulton Bank?

The Benefits Advisor at Fulton Bank plays a vital role in managing and optimizing the administration of employee benefits. Key responsibilities include oversight of health and welfare programs, compliance with applicable laws, handling annual open enrollment, and collaborating with vendors to ensure seamless benefits delivery. This position requires excellent analytical skills and the ability to prepare detailed communications materials to keep employees informed.

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What qualifications are required for the Benefits Advisor role at Fulton Bank?

To be considered for the Benefits Advisor position at Fulton Bank, candidates should possess a Bachelor's degree in Business Administration, Human Resources, Finance, or a related field, along with at least 5 years of experience in employee benefits administration. Strong knowledge of benefits laws, excellent communication skills, and proficiency in data analysis tools are essential for this role.

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How does the Benefits Advisor contribute to Fulton Bank's Total Rewards package?

The Benefits Advisor significantly contributes to enhancing Fulton Bank's Total Rewards package by analyzing current offerings, ensuring their competitiveness through benchmarking studies, and making data-driven recommendations for improvements. This role directly impacts the employee satisfaction and wellbeing by optimizing benefits programs to meet their needs.

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What skills are most important for success as a Benefits Advisor at Fulton Bank?

Success as a Benefits Advisor at Fulton Bank hinges on having strong analytical skills, proficiency in project management, and in-depth knowledge of employee benefits regulations. Excellent interpersonal communication abilities are critical for effectively conveying complex information to employees and stakeholders while ensuring compliance and best practices in benefits administration.

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What benefits can employees expect when working as a Benefits Advisor at Fulton Bank?

Employees in the role of Benefits Advisor at Fulton Bank can expect a comprehensive benefits package that includes medical plans, retirement options, paid time off, educational assistance, and wellness programs. Additionally, the position is eligible for a short-term incentive compensation plan based on individual and company performance, showcasing the bank's commitment to its employees' wellbeing.

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Common Interview Questions for Benefits Advisor
How do you stay updated on changes in employee benefits regulations?

As a Benefits Advisor, it’s essential to engage in continuous learning through webinars, conferences, and professional organizations. I also follow reputable sources like government sites and industry publications. Networking with other industry professionals can provide insights into best practices and regulatory changes.

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Can you describe your experience with annual open enrollment processes?

Absolutely! In my previous role, I managed the annual open enrollment process, which included ensuring that all communication materials were updated and accurate, collaborating with various vendors to streamline the process, and conducting informational webinars to guide employees through their options.

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What strategies do you employ to ensure compliance with employee benefits laws?

To ensure compliance, I implement a routine audit of all benefit programs against current regulations, maintain up-to-date documentation, and work closely with legal counsel when developing new policies. I also train employees on compliance matters to reduce potential risks.

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How do you evaluate the competitiveness of employee benefits offerings?

I use benchmarking studies to compare our benefits package with similar organizations in the industry. This involves analyzing industry surveys and reports, gathering employee feedback, and closely monitoring trends to recommend adjustments that will enhance our offerings.

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How would you handle a complex employee benefits issue?

I believe in a collaborative approach. I would first gather all relevant information, consult with the affected employee to understand their concerns, and then engage with internal stakeholders and vendors to explore viable solutions. Clear communication is key throughout this process.

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What tools do you use for data analysis in benefits administration?

I am proficient in Microsoft Excel for data analysis, utilizing its advanced functions to perform complex calculations and create reports. Additionally, I often use HRIS systems and, if necessary, data visualization tools to present findings in an understandable manner.

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How do you prioritize workloads during high-demand periods like open enrollment?

During high-demand periods, I prioritize tasks based on urgency and impact. I leverage project management tools to track progress, set clear deadlines, and delegate where necessary, ensuring that all activities leading up to open enrollment run smoothly.

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How do you go about preparing benefits communications materials?

I start by identifying the key messages I want to convey and the audience I’m addressing. I ensure the language is clear and accessible, incorporating visuals where possible. I also gather input from colleagues to ensure that the materials are comprehensive and cover all necessary aspects.

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Can you explain your approach to mentoring other benefits staff?

I adopt a hands-on mentoring style by providing training sessions, regular check-ins, and creating an open environment where questions are encouraged. I share resources and encourage self-learning, promoting a culture of continuous improvement among the team.

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What do you find most rewarding about working as a Benefits Advisor?

The most rewarding aspect of being a Benefits Advisor is knowing that my work directly impacts employees' lives. Helping employees navigate their benefits and seeing them take advantage of our programs strengthens community and workplace culture, providing a profound sense of fulfillment.

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DATE POSTED
March 30, 2025

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