Benefits Specialist

Benefits Specialist

Location

London

Business Area

Human Resources

Ref #

Description & Requirements

The energy of a newsroom the pace of a trading floor the buzz of a recent tech breakthrough; we work hard and we work fast - while keeping up the quality and accuracy were known for. Its what keeps us inventing and reinventing all the time. Our culture is wide open just like our spaces. We bring out the best in each other through collaboration. Through our countless volunteer projects we also help network with the communities around us too. You can do amazing work here. Work you couldnt do anywhere else. Its up to you to make it happen.

Whats the role

People are Bloombergs most critical asset and nowhere is this better reflected than when it comes to our benefits. At Bloomberg we strive to provide our employees with fundamental tools to support their personal and family needs so they can drive business success. To do this we are always looking at new and innovative ways to deliver benefits to our employees.

We have an exciting opportunity to be part of the EMEA Benefits team which supports over 6000 employees in over 44 countries across the region. Based in London you will drive the benefits agenda and support benefit programs in the EMEA region including Retirement Health & Welfare programs/projects and Wellness initiatives. You will be responsible for managing benefits vendors along with handling case escalations internal plan communications and working with our Procurement partners on contract reviews/renewals and invoice addition you will drive analysis for benefit plan design reviews and work with our internal HR stakeholders Benefits Operations and Payroll teams on policy queries.

Building relationships is key to collaboration here at Bloomberg and as part of the broader Global Benefits team you will have the opportunity work closely with colleagues across the Americas and APAC on global projects and initiatives that could impact over 20000 employees in over 73 countries. Your excellent communication skills will set you up for success in this fast-paced environment!

Well Trust You To:

Independently monitor identify and drive opportunities to enhance benefit programs through financial analysis market benchmarking and review of utilization and claims trends and employee experience and feedback.

Ensure benefits programs are compliant in accordance with relevant local legislation and statutory requirements

Take ownership of process optimisation opportunities across benefits programs building stakeholder alignment to implement process enhancements

Provide expert support on complex employee benefits queries acting as an escalation point for HR teams and applying sound judgement to resolve sensitive issues mitigate risk and deliver effective solutions

Lead and manage end-to-end implementation of new plans programs policies and plan designs

Cultivate and manage strategic relationships with vendors and advisors holding providers accountable for performance and service delivery standards

Build and maintain a good working knowledge of benefits legislation industry standards and methodologies incorporating standards into processes and procedures

Manage communications for existing and new benefit programs in partnership with the Internal Communications team to support employee engagement

Maintain accurate and up-to-date benefits content across internal HR systems and documentation

Youll Need to Have:

7 years of benefits management and advisory experience including time in a corporate benefits setting ideally for a minimum of 2 years

Familiarity with benefits programs and local regulations in the UK and other EMEA locations e.g. France South Africa Israel Netherlands and the UAE

Experience designing and implementing benefits programs with strong project management skills and the ability to develop creative solutions that ensure seamless integration with existing policies and processes

Demonstrated ability to adapt to new challenges and adjust the course in light of changes to statutory regulations and requirements

Experience developing data-driven proposals that support informed decision-making and balanced risk assessment

Advanced Excel and analytic skills with strong attention to detail and the ability to review data detect and correct errors and take responsibility for data quality

Good judgement - knowing when to escalate an issue combined with a willingness to be flexible

Bachelors Degree or equivalent experience

Wed Love to See:

• Ability to communicate effectively with a keen eye for detail and aptitude to follow through including making and communicating difficult decisions
• Ability to work independently prioritize and manage multiple tasks with a sense of urgency with minimal supervision
• A customer service focus with a responsive and can-do open-minded attitude
  
  
  

If indicated please note that years of experience are a guide; we will consider applications from all candidates who can demonstrate the skills necessary for the role.

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Required Experience:

IC

Employment Type : Full Time
Experience: years
Vacancy: 1