Benefits Administration Job Requirements
While there are no formal licensing or certification requirements for Benefits Administrators, earning professional credentials is a way to improve skills, gain expertise and distinguish yourself from other applicants when applying for benefits administrator jobs or promotions.
Professional certifications for Benefits Administrators include the Benefits Analyst Credential (BAC), Certified Employee Benefit Specialist (CEBS), Certified Benefits Professional (CBP), and Job and Compensation Analyst (JCA) designations.
Benefits Analyst Credential
The BAC is an online credential program that focuses on strategic benefits planning in benefits administration jobs. The self-paced program consists of 12 courses covering such topics as Workers’ Compensation law, life and disability insurance, IRAs and 401(k) plans, and federal employment law. In order to earn the credential, students must pass the final exam with a score of 80% or higher.
Certified Employee Benefit Specialist
According to the non-profit International Foundation of Employee Benefit Plans (IFEBP), for people in Benefits Administration jobs the CEBS is the most widely recognized and respected credential in the field of employee benefits and compensation.
The IFEBP oversees the CEBS program, which offers designations in three individual specialty areas: Group Benefits Associate (GBA), which focuses on health care and other group benefits; Retirement Plans Associate (RPA), which focuses on all aspects of retirement plans, and Compensation Management Specialist (CMS), which focuses on compensation and human resources.
Certified Benefits Professional
The CBP program focuses on strategic planning and the design and management of various types of benefits plans. To earn the CBP designation, students must successfully complete six courses and nine exams.
Job and Compensation Analyst
JCA certification consists of courses in job analysis techniques, compensation planning methods, and salary survey software. Courses are available on site and online.
In addition to the above credentials, many higher learning institutions offer professional development courses for Benefits Administration specialists. Most of these courses are available online, allowing those in Benefits Administration careers obs to enhance their skills and employability on their own schedule, and from their own homes.