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Teemwurk: A Game-Changer for Benefit Brokers ( 3 minute read)

More than billions of dollars are invested in the HR and employee benefits administration industry. We hear about a new software company emerging every day, introducing the latest technology to target small and large organizations. You must be familiar with some of the biggest names that crop up on the internet every time you search employee benefits software. Of course, these platforms have helped ease the life of HR managers and employers by taking the burden off their shoulders. However, we also cannot deny the fact that they are replacing traditional brokers as well. Yes, the digital portals ensure efficiencies, reliability and also reduce errors but the interaction and trust that traditional brokers bring cannot be denied.

Hence, Teemwurk is a destination where brokers and clients can come together and work in an integrated and modern system. This platform is open to all employee benefits brokers where they can keep pace with the digital brokers and connect with clients and employees directly. We have come with an all-in-one HR software that brings benefits administration and HR systems under one roof. Additionally, employees can get top-notch services that offer an effective and modern solution, hence, creating a win-win situation for them. As for traditional brokers, it will pave the way to connect with clients and boost sales without thinking about competing with digital solutions.

Challenges Faced by Insurance Brokers

As we already mentioned, traditional brokers think that their job is at risk due to the rise of digital platforms, artificial intelligence and technological advancements. As online portals offer various services and integrate the entire system on one dashboard, this switch comes as no surprise. Moreover, another problem that brokers face is the lack of insurance among companies. Despite millions of private sector organizations in the country, only a few are insured while others are simply ignoring or procrastinating insurance. The prime factor that prevents them from buying insurance is high cost. The business owners look for the options which can cater to their individual goals and can be customized according to their needs. To top it all, data entry and managing the information consumes long hours for each group and in case of multiple clients, it can take days and weeks.

However, Teemwurk comes with the solution to all these problems. We help brokers develop their skills and provide them with the latest technology to support clients. We also create personalized plans to meet the needs of clients. Most importantly, we ensure the security of data and manage databases using smart technology. This saves brokers a lot of time and effort which can be put to other productive tasks.

How Can Teemwurk Help Brokers?

As soon as we announced Teemwurk, large and small businesses collaborated with us and started using this amazing platform. With our product at their service, they provided the employees with improved benefits programs and plans. Even traditional brokers witnessed their sales skyrocketing within no time. So, the big question is how Teemwurk revolutionized the benefits industry in favor of brokers. To find the answer, have a read through these points:

Eliminate Digital Brokers

With digital brokers expanding their business across the globe, traditional ones have to come up with something innovative and powerful that can get the attention of businesses at once. This is where Teemwurk steps in, as it not only wins your business back but also safeguards you against increasing churn rate. We will work with you as a trusted partner to bring back groups from digital platforms and help you protect your business. You can go through our portfolio and registered brokers which are the testimony to our success rate and excellent work. 

Move Businesses Off PEOs

PEOs work on a one-size-fits-all approach and even put a strain on the budget. Hence, switching to brokers can be a big step for businesses to save their investment and provide the staff with personalized services. However, this shifting from one platform to another can be tricky and strenuous. We make this complicated task smooth and effortless and all you need to do as a broker is get quotes. Using our organized software, we will assist companies consisting of hundreds of employees to implement the system within a few weeks, set it up and start the open enrollment.

Make Your Clients Happy

Understanding the benefits plan is not easy for employees, they have several questions that need to be answered accurately to avoid any confusion. Moreover, explaining to them every clause and condition can be challenging for you too. Therefore, Teemwurk comes with an option where you can give them a demo of the entire scheme. Our team works closely with you at every step to present the benefits program precisely. Refer our product to your clients and we assure you that we will provide them with the most efficient solution to their problems.

Reduce Operating Costs

We have a separate team on board to look after the recruiting process and help minimize operating expenses. The professionals will look after the end-to-end implementation for all the clients and as we are done with setting up and running the software, we will manage terminations, new hires, and demographic changes on behalf of companies.

Why Choose Teemwurk?

You simply search HR software on the internet, and you will be flooded with a myriad of options to select from. There will be some renowned names on the list while others will be emerging names. Every single one of them will claim to be the best in the industry, offering you exclusive features and benefits. However, employee benefits brokers still prefer us over other HR platforms. Why? Well, there is no one reason for that but our powerful platform and efficient work is what gets us all the attention. Here are some of the few reasons that make us stand out from other all-in-one HR and benefit administration systems:

Enhance benefits management

Benefits management is one of the top expenses for any company and owners have to be meticulous while selecting the right HR platform for their organizations. They have to seek a platform that offers them all the services in one place while taking care of their employees’ requirements. That is exactly what Teemwurk does. Along with bringing together all the features and benefits of an integrated HR system, it also provides employees with the experience of a traditional broker. Our services include:

• Automatic handling of payroll and benefits deductions.
• Ensure ACA, payroll, SPDs compliance.
• Easy enrollment and online quoting for renewals, hire, groups and QLEs.
• Keep an eye on HSA, FSA and commuter benefits.
• From notice delivery to payment collection, it administers the COBRA scheme.

Offer a wide range of functionalities & features

The first thing that employees and business owners look for in an HR system is user experience and design. If they can easily navigate through the platform, accomplish their task conveniently and get an impressive design, then there is nothing that can take your clients away. Teemwurk is designed exclusively for brokers and consists of various features. We have created a product that can adapt to the size of the company, whether it has 2 employees or 1000. Rest assured that once you present them with our software, they will not be able to decline your offer and services at any cost.

• Customizes email to communicate with clients and offers event management systems.
• Supports all the contribution schemes available to employees and businesses.
• Offers support to voluntary life insurance along with EOI forms.
• Handles workflows, approval, and audits.
• Deals with benefits like critical illness, accidents, and hospital indemnity.

Now, rather than using different platforms while growing from small to medium-sized enterprises, companies simply need to incorporate our software into their HR system. It can adapt according to their requirements and size without any complications, offering features that any other robust platform includes. Whether you are working with the clients in the USA or dealing with international groups, Teemwurk is the one-stop destination for the global workforce.

Track all your clients at one place

Managing hundreds of clients together can be tricky and burdensome. You have to keep a tab on their records and type of plans without committing any error. Our product comes with a solution that enables you to handle all the clients in a single place.

Creates client billing when you cover the cost on behalf of a client for any specific plan.

Adds collaborators who have access to the groups that they are dealing with.

Sends updates and notifications for upcoming events like open enrollment.

Manages all the tasks that revolve around the enrollment process and confirmation.

Give search results and filter the list for terminations, recruits, and QLEs.

Streamline all the tasks on a single platform

HR is not the only aspect that companies have to handle. There are other tasks too, including IT. What if we can combine all these areas together and bring them on one dashboard? Yes, Teemwurk has come up with a system that allows you and businesses to take care of all the tasks on one system. It can be anything from payroll and benefits to apps and computers, we have integrated everything in one software to take the burden off your shoulders.

The HR manager can update information about employees within no time, including their insurance, payroll, etc., and access the third-party apps, including Gmail and Slack. In case there are any changes in the details in the future, it will be updated across all the platforms automatically, saving time and effort.