Certified Employee Benefit Specialist (cebs)

Definition of "Certified employee benefit specialist (cebs)"

Mark  Siemieniec real estate agent

Written by

Mark Siemieniecelite badge icon

Keller Williams Realty

Professional designation conferred by the International Foundation of Employee Benefit Plans and the Wharton School of the University of Pennsylvania. In addition to professional business experience in employee benefits, recipients must pass national examinations in pensions, Social Security, other retirement related plans, health insurance, economics, finance, labor relations, group insurance, and other employee benefit related plans. This program responds to the information requirements of individuals responsible for the operation of an employee benefit plan department in large and medium size businesses. (It has been estimated that for every dollar of salary an additional 40 cents is paid to cover employee benefits.)

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Insurance Terms

Form of deferred annuity; a life insurance policy that usually guarantees from 120 to 180 monthly income payments to the annuitant at retirement. If the annuitant dies during the deferral ...

Financial analysis method established by the national association of insurance commissioners (naic) to detect problems of property and casualty insurance companies and life and health ...

Relationship of gains from investments (including realized capital gains) resulting from insurance operations to earned premiums. ...

Performance of a deed or function. Certain acts are prohibited from coverage in insurance. For example, if the insured commits a felony, the insured's beneficiary cannot collect under the ...

Provision found in current assumption whole life insurance policies under which the insurance company retains the contractual right to recalculate the premium (after a minimum period of ...

Value of an insurance company or other company that consists of capital and surplus and an estimated value for business on the company's books. ...

Bond guaranteeing that a contractor will perform under the contract in accordance with all specifications of the bid submitted. ...

Trust established under the auspices of the Internal Revenue Code that permits the maintenance of a separate account within the employer's defined benefit pension plan from which to pay the ...

Government agency, under the McCarran-Ferguson act (public law 15), that has no authority over insurance matters to the extent the states regulate insurance to the satisfaction of Congress. ...

Popular Insurance Questions