Advisor, Benefits

3 weeks ago

Pune, Maharashtra, India Fiserv Full time
Advisor, Benefits

Exp. Range: 8 to 12 Years

What does a successful Benefits Advisor do?

A successful Compensation and Benefits Manager at Fiserv ensures our compensation and benefits programs meet the needs of our diverse workforce, supporting our mission to align financial services with the way people live and work today. With a strong focus on benefits and Wellbeing, this role fosters a culture of balance and transformation, ensuring our associates are rewarded, recognized, and cared for effectively. This crucial role helps maintain our position as an industry leader and an employer of choice.

What you will do:

- Member of the project team responsible for developing and executing technology roadmap for Market Intelligence & Annual Planning and the Total Rewards CoE.
- Develop and implement comprehensive compensation plans in alignment with organizational goals.
- Researching and analyzing market data to use for developing compensation structures.
- Design and administer comprehensive employee benefits & wellness programs to address Insurance, health, wellbeing, and financial security needs.
- Evaluate and enhance Wellbeing initiatives to promote a healthy work environment and improve employee engagement.
- Analyze benefits policies, government regulations, and market trends to develop competitive benefits and wellbeing strategies.
- Responsible for driving increased adoption of benefits & wellness programs at Fiserv including coordination with external consultants, owning employee communications, interfacing with external vendors etc
- Measure and analyze key data trends and drive strategic insights based on benefits utilization data and market trends
- Design benefits program based on internal stakeholder insights and external market trends
- Lead vendor management and negotiations related to Insurance, benefits and Wellbeing programs.
- Collaborate with internal stakeholders to address and resolve complex benefits and Wellbeing issues.
- Provide expert guidance and support to HR partners and business leaders on benefits and Wellbeing matters.

What you will need to have:

- 10+ years of experience in employee benefits and Wellbeing program administration.
- 5+ years of experience in compensation planning and program development.
- 8+ years of experience in benefits data analysis and benchmarking.
- 8+ years of experience in salary surveys and compensation data analysis and modeling.
- Strong proficiency in HRIS and benefits management systems.
- Bachelor's degree in human resources, Business Administration, or an equivalent combination of education, work, and/or military experience.

What would be great to have:

- 10+ years of experience in a corporate, global environment.
- Certified Employee Benefits Specialist (CEBS) certification or similar.
- 8+ years of experience in leading large-scale benefits and Wellbeing projects.
- Advanced proficiency in Microsoft Excel and data visualization tools.
- Experience with statistical analysis and financial modeling techniques.

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