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

One that provides group health or pension benefits for a multiemployer plan. To lower the cost, small firms band together to take advantage of the economies of large group underwriting. ...

Coverage on an all risks basis for glass breakage, subject to exclusions of war and fire. Thus, if a vandal throws a brick through a window of an insured's establishment, the coverage would ...

Sum of insurance provided by a policy at death or maturity. ...

Behavior or character standing of an individual in a community. Some personal habits are considered in underwriting an insurance application. ...

Act first passed by the United States Congress in 1981 and later amended in 1986 that provides for the establishment of risk retention groups whose purpose is to sell product liability ...

Uncertain prospect of financial gain or loss. A business investment that could either return a profit or sustain a loss, such as the purchase of a common stock, is an example of a ...

Transfer of high severity risks through the insurance contract to protect against catastrophic occurrences. While insurance is generally not the most cost-effective means of recovery of ...

Subsidiary, smaller company that is owned and controlled by a much larger company. In many instances pup companies are used to write special risk insurance for which the larger company does ...

Management philosophy developed by W. Edwards Deming, the thesis of which is the continuous improvement in quality through research in customer satisfaction and the empowerment of ...

Popular Insurance Questions