Benefits Analyst

International Benefits Analyst

Scope

We are looking to hire a Benefits Analyst to join our customer who are into Investment Banking in Gurugram.

The benefits analyst is responsible for monitoring the financial status of benefit plans through reconciliation of enrolment, claims and/or insured cost as well as employee contributions for EMEA and APAC locations. Collect, analyse, and prepare data in support of strategy, growth and individual business concerns of our various lines of business across the firm. You will contribute to the success of the customers Benefits Group by taking ownership of and accountability for assigned projects and deliverables.

Responsibilities:

• Detailed monthly reconciliation and data clean-up process of pension accounting and payroll to clear outstanding balances related to terminations and pay reissues.
• Detailed monthly, quarterly or annual reconciliation of all EMEA and APAC supplemental benefit plans.
• Collaborate with partners to deliver accurate and timely results, including relevant variance explanations
• Analysis of utilisation reports, carrier enrolment reports, as well as claims data and trends.
• Creation of technical reports such as renewal census, marketing census and various benefit audits to support broader team.
• Provide monthly, quarterly, and annual financial monitoring reports for tracking expenses by benefit plan.
• Determine financial status of benefit plans by comparing forecasts with actual costs.
• Compilation of data and analytical support for mergers and acquisitions due diligence.
• Assembling and summarising data; preparing reports; creating presentations of findings, analyses, and recommendations.
• Interface with other team members to recommend solutions/provide technical reports on various deliverables.
• Participate in process improvement, including needs and testing of solutions.

Qualifications

• Takes ownership of work and is accountable for its completion and accuracy; can problem solve and make effective recommendations.
• Strong analytical skills and financial acumen.
• Knowledge of generally accepted accounting principles and procedures.
• Exceptional customer service skills and strong attention to detail.
• Excellent written and verbal communication skills in English.
• Excellent organisational and time management skills.
• Ability to work and build partnerships across departments in a fast-paced environment.
• Willingness to “roll up the sleeves” and do what it takes to get the job done.
• Works well on a team and collaborates with others but also be able to work independently.
• Proficient with Microsoft Office Suite, expertise in Excel.
• Bachelor’s degree in HR, accounting/finance or related field.
• Minimum of 3 years’ experience in HR analytics or financial analysis.

Request candidates with experience as Benefits Analyst between 2-4 years only apply who have experience in handling invoice clearance.