Compensation and Benefit Specialist

4 days ago

Hyderabad, Telangana, India beBeeBenefits Full time ₹ 15,00,000 - ₹ 17,50,000

Job Title: Benefits Manager

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About the Role

  • The Benefits Manager will review and analyze local benefit programs to ensure they are efficient, market competitive, attractive to employees, compliant with local regulatory requirements, and aligned with global benefit principles.
  • The role involves participating in local benefits surveys and data submission, analyzing survey results, benchmarking local benefits against market data, and sharing findings with local stakeholders.
  • The Benefits Manager will manage benefit policy/program renewals, vendor changes, and new program expansions with the support of the cluster benefits lead, local brokers, and procurement to leverage global/regional purchasing power.
  • The role also involves managing the global benefits database for respective country's benefits plans.
  • The Benefits Manager will support local & global stakeholders in local benefit projects, such as new benefits implementation, global rollouts, M&A, etc.
  • The role requires supporting local P&O in ERG discussions to gather feedback on employee benefits programs.
  • The Benefits Manager will submit changes or new benefit proposals for review/information to cluster benefits lead according to the benefits governance framework.
  • The role involves preparing periodical reports required for legislative bodies, external vendors, unions, payroll, etc.
  • The Benefits Manager will develop and deliver training and consulting to the country organization on any benefits-related programs & processes.
  • The role requires managing the benefits admin experts on day-to-day operational activities and their performance.
  • The Benefits Manager will act as a 1st-level escalation point to employees, country P&O head, and PS&S teams.
  • The role involves working closely with P&O PP and external benefits vendors to ensure that the day-to-day administration of the programs is operating efficiently.
  • The Benefits Manager will train the admin experts on benefits SOPs, processes, benefits technology, etc.
  • The role requires preparing or reviewing process maps with the help of Benefits experts.
  • The Benefits Manager will thrive for process improvements and initiate related projects.
  • The role involves acting as a deputy and 2nd line of control to the cluster benefits lead.
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Key Requirements

  • A university degree, preferable in economics, mathematics, accounting or equivalent experience.
  • Fluent in English or local language: Oral & writing.
  • A minimum of 5 years experience in management & administration of benefit plans.
  • People management experience.
  • A good understanding of logical, rules-based software systems.
  • Attention to detail and process oriented.
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Benefits

  • Competitive compensation package.
  • Ongoing training and development opportunities.
  • A dynamic and supportive work environment.
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Other Information

  • This role is based in [Location].
  • Please note that we are an equal opportunities employer.

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