Benefits Operations Specialist

1 week ago


Hyderabad, Telangana, India FactSet Full time
About the Role

We are seeking an experienced Benefits Operations Specialist to join our team at FactSet in APAC. This is a fantastic opportunity to work with a leading global financial data and technology company.

Key Responsibilities
  • Database Management:

In this role, you will be responsible for validating data, invoices, endorsements, contracts, and employee database management. You will conduct audits of data/invoices to ensure processes and policies are managed accurately and effectively.

  • Operations:

You will support annual renewals for APAC offices, benchmark FactSet against peers, and research industry and employment trends. Additionally, you will partner with Insurance brokers, vendors, and TPAs to prepare reports and applications required by local law to be filed with the Department of Labor for each region and other regulatory agencies.

  • Communication:

You will design, review, and update benefits communications on an ongoing basis. You will validate and review policies, processes, FAQs, SOPs & BCPs for benefits processes and update Intranet pages.

  • Analysis:

You will ensure periodic checks and reconciliation of the quarterly benefits claims analysis. You will work with Senior management and stakeholders to build plans and improve strategies for greater output.

  • Leave Management:

You will administer leave management (like policies, overtime records, absence management, etc.) and maintain leave reports.

  • Wellness Initiatives:

You will organize wellness programs, road shows/orientation programs, and coordinate with concerned departments for the smooth run of the programs.

Requirements
  • Minimum 5 years of experience in benefits operations
  • Excellent verbal and written communication skills
  • Hands-on experience with Advanced Excel and MS-Office suite
  • Bachelor's degree in a relevant field
  • Basic knowledge of IRDA and its operational guidelines
Salary and Benefits

The estimated salary range for this position is $80,000 - $110,000 per annum, depending on experience and qualifications. We offer a comprehensive benefits package, including health insurance, retirement plan, and paid time off.



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