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Health and Welfare Benefit Consultant

Xcel Energy

Xcel Energy

Minneapolis, MN, USA
Posted on Saturday, April 20, 2024

Are you looking for an exciting job where you can put your skills and talents to work at a company you can feel proud to be a part of? Do you want a workplace that will challenge you and offer you opportunities to learn and grow? A position at Xcel Energy could be just what you’re looking for.

Position Summary

Designs, develops, implements, monitors, communicates, and analyzes Xcel Energy's health and welfare programs including but not limited to: group medical, dental, vision, life insurance, paid time off, disability plans, spending accounts and work-life programs. Ensures Xcel Energy's competitive position in the marketplace. Supports efforts for improving and/or securing new policies and programs in order to provide the most favorable coverage, cost terms and claim settlements for all types of health and welfare benefits. Ensures compliance with applicable legal and regulatory requirements, including reporting, analysis and administration of health and welfare programs. Provides consultative services to all business areas on any health and welfare benefit related area. Relies on experience and judgment to plan and execute department goals.

Essential Responsibilities

  • Health and welfare benefit programs: Designs, develops, implements, communicates and analyzes all health and welfare benefits programs for active employees and retirees. Researches industry and company data, analyzes results, and makes recommendations to management. Actively participates in benefit-related initiatives representing the interests of Xcel Energy.
  • Vendor selection and management: Negotiates with vendors, including benefits provided; costs; performance guarantees and expectations; identification of systems requirements; etc. Works with vendors to define working relationships, makes sure appropriate systems are established, guarantees Xcel Energy's objectives are met, and ensures that monitoring and reporting processes are in place.
  • Compliance: Ensures all health and welfare plans are in regulatory and legal compliance. Maintains and provides oversight of health and welfare benefit rules, regulations, policies, and conducts financial analysis and actuarial validation for government-required reporting to guarantee program compliance.
  • Consultative services: Provides in depth and complex problem resolution for employees, human resource staff, and managers by utilizing specific knowledge of health and welfare programs, products, benefit costs and technology. Makes training and benefit subject matter expertise available to human resource staff. Offers support in divestiture/acquisition processes.
  • Communication: Develops communication strategy to drive behavior change within Xcel Energy. Provides oversight of vendor communications. Communicates health and welfare benefit rules, regulations, policies, documents to ensure program compliance.


Minimum Requirements

  • A Bachelor's degree in a business-related field is preferred, or an equivalent combination of education and relevant experience.
  • Professional benefits certification from a recognized professional or educational organization is preferred.
  • Minimum of 5 years of progressively-responsible benefits or compliance reporting experience.
  • Preferred experience includes knowledge of benefit issues, trends and practices or ability to report health and welfare activities into regulatory compliance.
  • Competencies and skills which will be expected for this role include strong leadership, planning and organizational skills, ability to make good business judgments and provide guidance on priorities and technical implementation, as well as proven interpersonal and communication skills to effectively interface with individuals and groups at all levels of the organization.

As a leading combination electricity and natural gas energy company, Xcel Energy offers a comprehensive portfolio of energy-related products and services to 3.4 million electricity and 1.9 million natural gas customers across eight Western and Midwestern states. At Xcel Energy, we strive to be the preferred and trusted provider of the energy our customers need. If you’re ready to be a part of something big, we invite you to join our team.

All qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Individuals with a disability who need an accommodation to apply please contact us at recruiting@xcelenergy.com.

Non-BargainingThe anticipated starting base pay for this position is: $69,700.00 to $99,100.00 per yearThis position is eligible for the following benefits: Annual Incentive Program, Medical/Pharmacy Plan, Dental, Vision, Life Insurance, Dependent Care Reimbursement Account, Health Care Reimbursement Account, Health Savings Account (HSA) (if enrolled in eligible health plan), Limited-Purpose FSA (if enrolled in eligible health plan and HSA), Transportation Reimbursement Account, Short-term disability (STD), Long-term disability (LTD), Employee Assistance Program (EAP), Fitness Center Reimbursement (if enrolled in eligible health plan), Tuition reimbursement, Transit programs, Employee recognition program, Pension, 401(k) plan, Paid time off (PTO), Holidays, Volunteer Paid Time Off (VPTO), Parental Leave

Benefit plans are subject to change and Xcel Energy has the right to end, suspend, or amend any of its plans, at any time, in whole or in part.

Deadline to Apply: 05/02/24

EEO is the Law | EEO is the Law Supplement | Pay Transparency Nondiscrimination | Equal Opportunity Policy (PDF) | Employee Rights (PDF)

ACCESSIBILITY STATEMENT
Xcel Energy endeavors to make https://www.xcelenergy.com/ accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact Xcel Energy Talent Acquisition at recruiting@xcelenergy.com. This contact information is for accommodation requests only and cannot be used to inquire about the status of applications.