Benefits Manager Senior

2 weeks ago

Gurgaon, Haryana, India Jobs for Humanity Full time
Job Description

Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Education Desired :

Bachelor of Human Resources

Travel Percentage :

5 - 10%

As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we'd like to ask you: Are you FIS?

About the team:

It's an amazing opportunity to join a Talented team of innovative and committed folks doing interesting work at the world's largest global provider dedicated to financial technology solutions

What you will be doing:

  • Manages the development and execution of national benefits strategy in addition to administering the general benefit programs, i.e., health care, short-term disability, long-term disability, optional life, and supplemental plans.
  • Develops programs designed to keep employees informed about company benefit plans and any proposed changes.
  • Ensures the overall vision and objectives for health care, supplemental plans, 401(k) and all other benefit-related programs are clearly stated and integrated into day-to-day work as well as long and short term projects.
  • Ensures programs are current with regard to trends, practices and costs.
  • Negotiates coverage, services and costs with carriers and brokers.
  • Interacts with others in areas, such as the risk management or legal departments, to investigate innovative programs, e.g., self-insurance to determine feasibility in terms of cost, risk to the company and legal implications.
  • Offers an innovative and creative approach to address current and future benefit needs of employees.
  • Selects, develops and evaluates personnel to ensure the efficient operation of the function.
  • Researches competitive practices and analyzes data to evaluate benefit program metrics.
  • In order to control costs, maintains thorough knowledge of cost elements of various plans for reporting as well as for determining any additional program enhancements to adopt.
  • Assists in benchmark analysis as needed.
  • Reviews and interprets legislative requirements for all plans.
  • Develops appropriate policy and administrative guidelines ensuring government optimum compliance.
  • Facilitates the process of updating plan documents and summary plan descriptions.
  • Acts as a point of contact for escalations pertaining to complex benefits matters.
  • Administers and ensures compliance with FIS Retirement and Profit Sharing plans.
  • Develops and executes well planned communication strategies to educate all team members and employees on the various benefits options, wellness focuses and legal rights.
  • Leverages technology to simplify internal processes, minimize paperwork and limit delays in processing.
  • Actively participates in professional associations to stay abreast of industry related activities. Shares relevant knowledge and information with benefits team, HR department and any other appropriate parties.
  • Other related duties assigned as needed.

What you bring:

  • Minimum 8 to 10 years of experience into India and Philippines benefits.
  • Good negotiation skill, communication skill and team management.
  • Familiarity with group health and retirement benefits
  • Working knowledge of legal requirements related to the administration of employee benefits
  • Demonstrated influence and partnering skills (with Field HR, Labor teams, Finance partners, vendor relationships)
  • Demonstrated analytical and problem-solving skills and ability to handle multiple tasks and projects simultaneously
  • Strong analytical skills including PC financial modeling are essential
  • Oral and written communication skills relating to all management levels, vendors and plan participants
  • Ability to work in a team environment

What we offer you:

A career at FIS is more than just a job. It's the change to shape the future of fintech. At FIS, we offer you:

  • A voice in the future of fintech
  • Always-on learning and development
  • Collaborative work environment
  • Opportunities to give back
  • Competitive salary and benefits

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

#pridepass

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