
Comp & Ben Administrator
4 days ago
**Job Purpose (Job Summary)**:
This position will be responsible for supporting the Compensation and Benefits function of Total Rewards. Performs day-to-day administration, processing and analysis of India compensation and benefits plans. Prepares regular analyses documents necessary for implementing compensation and benefit programs as well as coordinating with various parties as it relates to reporting and employee inquires. Supports and maintains records and databases and reconciles data held in various systems.
**Key Responsibilities / Duties**:
- Maintain policies and manuals ensuring all are up-to-date and aligned with compensation and benefit processes and procedures; update intranet with latest policies and manuals.
- Perform regular analysis on compensation and benefit related data items to support project deliverables.
- Coordinate and respond to employees’ questions related to India benefits and ensure SLAs are met.
- Ensure data in systems are updated accurately, reconcile data held on internal and external compensation and benefit data systems, and run various reports as required.
- Facilitate the payment of benefit related invoices and reconcile monthly calculations of premium payments.
- Work with benefits consultants to organize wellness programs and ensure employee communications happen in a timely manner.
- Work with internal system resources to coordinate data uploads, reporting and audits.
- Maintain good relationships with service providers and ensure smooth administration of compensation survey submission and renewal of benefits policies
- Facilitate relationship with other departments as it relates to vendor invoices, reporting/recording of expenses and research of reconciling items.
- Work with senior team members with local and region/global compensation and benefit initiatives and projects.
- Assist with the management of global benefit mailboxes when needed and perform related tasks as appropriate.
- Develop and maintain good relationships with employees, other groups within HR (i.e. talent acquisition, HRBP, etc.) as well as other groups outside of HR.
- Support local HR team as may be required from time to time.
- Perform other duties and projects as assigned.
**Work Experience / Knowledge**:
- 4-5 years of HR, business, benefit administration experience in the financial services industry preferred.
- Working knowledge of database management systems.
- Proficient with Microsoft Office (Word, Excel, PowerPoint).
- Experience with PeopleSoft and/or Oracle preferred.
**Skills / Other Personal Attributes**:
- Strong verbal and written English communication skills.
- Aptitude towards numbers and ability to conduct basic analyses.
- Organizational and priority skills necessary to administer systems and data management.
- Ability to work in a team environment; both local and remote.
- Ability to work in fast paced environment and the ability to multi-task.
- Detailed oriented and self-motivated.
**Formal Education**:
- An equivalent combination of education, training and experience that would provide the knowledge, skills and ability required.
- Bachelor’s degree or equivalent years of direct work experience required.
**Working Conditions**:
- Normally works a regular schedule of hours, however hours may vary depending upon the global project or global assignment
- Overtime, off hours support and travel may be required
**Disclaimer**: The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. Incumbents may be required to perform other duties as deemed appropriate by the supervisor from time to time.