Manager - Benefits - BFSI

My client is a global financial services institution based with a top tier global client list and market leading position. They are a captive set up in India and are seeking a professional for a Manager - Benefits role. This is a managerial role requiring the suitable individual to work with a high level of autonomy and independence, while being associated with the India team.

Role and Requirements:

- Recommends benefits programs to management by studying employee requirements and trends and developments in benefits offered by other organizations.

- Supports management's decision making by analysing benefit options and predicting future costs.

- Identifies benefit options by studying programs; obtaining advice from consultants.

- Complies with federal, state, and local legal requirements by studying existing and new legislation; obtaining qualified opinions; enforcing adherence to requirements; advising management on needed actions.

- Informs employees of benefit usage by preparing and distributing benefit reports.

- Maintains benefit records by developing recordkeeping systems; initiating new-hire benefits; recording changes.

- Prepares special reports by collecting, analysing, and summarizing information and trends.

- Contributes to team effort by accomplishing related results as needed.

Functional Competency:

- Post MBA minimum 5 years of experience.

- A thorough benefits professional

- Team player

- Excellent communications skills and stakeholder management skills