Total Rewards Analyst

The role at Russell Investments Mumbai offers a unique opportunity to collaborate with global stakeholders in supporting the technology and infrastructure essential for the investment and trading operations of a renowned asset management firm. As a part of the team based in Goregaon (East), you will play a significant role in shaping the foundational aspects and cultural development of the company's expanding presence in India. The Mumbai office operates with varying shifts to ensure seamless coordination with different time zones worldwide. As an ideal candidate for this position, you will not only contribute to enhancing existing programs but also spearhead innovative initiatives to redefine the future of work within our team. Your role will involve crafting and implementing a cutting-edge Total Rewards framework that resonates with the global priorities of Russell Investments. Your responsibilities will include compiling reports and data as required, such as earnings, taxes, deductions, and leave, among others. You will be tasked with identifying process enhancements and overseeing their successful implementation. Additionally, maintaining accurate file management of all associate and company records in adherence to legal and statutory regulations will be a crucial aspect of your role. In terms of benefits administration, your role will involve managing global health & welfare and retirement plans in EMEA, with a specific focus on auditing and compliance. You will also oversee the UK Master Trust, including contribution processing, regulatory compliance, and member communications. Your responsibilities will extend to supporting UK pension scheme audits, processing fitness reimbursement requests, coordinating annual flu vaccinations, and facilitating benefits enrollment and termination processes as needed. To excel in this role, you should possess a Bachelor's degree in HR, business administration, finance, or a related field, or equivalent experience. A minimum of 5 years of experience in benefits administration, with a preference for expertise in global benefits programs within EMEA, is required. Proficiency in benefits regulations and compliance requirements across multiple regions is essential, along with a proactive approach to enhancing processes and optimizing Total Rewards programs. Excellent interpersonal, written, and verbal communication skills are indispensable, enabling effective collaboration across all organizational levels and external partners. Your ability to maintain confidentiality, exhibit strong integrity, and demonstrate exceptional organizational and analytical skills will be critical to your success. Proficiency in HRIS systems, particularly ADP and/or Workday, as well as advanced Excel skills, is necessary. Strong problem-solving abilities, experience with global benefits providers, and a comprehensive understanding of global renewals, RFP processes, and vendor management will be advantageous in this role. If you are seeking a challenging yet rewarding opportunity to drive impactful change in the realm of benefits administration and Total Rewards programs, we invite you to join our team at Russell Investments Mumbai and be a part of our innovative journey towards excellence.,