What ಌIs the Certified Employee Benefit Specialist (CEBS) Designation?

Certified Employee Benefit Specialist (CEBS) is a professional designation earned by those who administer employee benefits packages. The designation is given by the International Foundation of Employee Benefit Plans, with curriculums developed by the Wharton School of the University of Pennsylvania and Dalhousie University in Canada.

Understanding the Certi🌳fied Employeꦡe Benefit Specialist (CEBS) Designation

CEBS candidates must complete five core courses drawn from two related credentials: the Group Benefits Associate (GBA) and Retirement Plans Associate (RPA) designations. The GBA is designed for those who will administer health and other group benefits. The RPA is a credential for those who work with 澳洲幸运5官方开奖结果体彩网:defined benefit and 澳洲幸运5官方开奖结果体彩网:defined contribution plans. Candidates must take a 100-question exam after completing each course. The CEBS program typically takes three years to complete.

CEBS candidates can study independently, enroll in online classes, or sign-up for in-person classes. Materials are available in print and digital formats. Because regulations differ between the U.S. and Canada, students from these respective countries will encounter different course material. For example, U.S. students will study the 澳洲幸运5官方开奖结果体彩网:Affordable Care Act (ACA), whereas Canadian professionals will study their country's system of 澳洲幸运5官方开奖结果体彩网:universal healthcare coverage.

Real World Example of the CEBS

From an employer's perspective, CEBS professionals can help improve the attractiveness of a workplace to employees, thereby contributing both to talent acquisition and retention. The CEBS curriculum includes various technical skills, such as how to manage the financial risks associated with different benefits plans, how to use 澳洲幸运5官方开奖结果体彩网:discounted cash flow analysis to estimate the likely cost of a plan, and how to evaluate the ♕initial pricing of a group insurance product.

CEBS professionals can also contribute significantly in regard to managing employers' retirement plans. To prepare them for this role, the CEBS curriculum teaches retirement-related skills such as how to design employee profit-sharing plans, how to comply with financial reporting requirements, how to navigate special situations such as corporate reorganizations, and how to encourage 澳洲幸运5官方开奖结果体彩网:tax efficiencies and effective 澳洲幸运5官方开奖结果体彩网:corporate governance.