Benefits Specialist

2 - 7 years

3 - 6 Lacs

Posted:1 week ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • As theBenefits Analyst, you will play a pivotal role in designing, implementing, and managing comprehensive benefits programs that enhance the lives of our employees. You will be the go-to expert for all things related to benefits, ensuring our workforce remains healthy, motivated, and engaged. In addition, this is a global role to manage benefits portfolio sign-up, partners agreements, invoices, payments, tracking budget vs actual, audit and compliance.

Responsibilities

  • Benefits Strategy: Develop and execute a holistic benefits strategy aligned with our corporate values and objectives, encompassing health, wellness, retirement, and other offerings.
  • Program Design: Collaborate with the HR team to design competitive and attractive benefits packages that cater to the diverse needs of our global workforce.
  • Compliance: Stay informed and ensure adherence to all federal, state, and local regulations pertaining to benefits programs, advocating for any necessary changes or updates.
  • Vendor Management: Manage relationships with benefit vendors and carriers, negotiating contracts and overseeing service delivery to maximize value.
  • Employee Education: Develop and implement communication and training programs to educate employees on the benefits available to them, fostering a culture of well-being.
  • Data Analysis: Utilize data analytics to evaluate the effectiveness of benefit programs and make data-driven recommendations for continuous improvement.
  • Problem Resolution: Act as a point of contact for employees, assisting with benefits-related queries and problem resolution.
  • Audit and Compliance: Oversee benefits audits and ensure all benefits programs remain compliant with relevant regulations.

Do you have what it takes to become aBenefits Analyst

Requirements

  • Bachelor s degree in Human Resources, Business Administration, or related field (Masters degree preferred).
  • Proven experience in benefits management, with a minimum of 2 years in a senior role within the BPO industry or related field.
  • In-depth knowledge of benefits regulations and compliance.
  • Background to different policies with regard to benefits processing of government agencies.
  • Should have consultative and project management experience.
  • Strong communication and negotiation skills.
  • Data-driven decision-making and analytical abilities.
  • Excellent organizational and project management skills.
  • A collaborative and team-oriented approach to problem-solving.
  • Extensive skills and knowledge when it comes to MS Office applications, particularly MS Excel

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