Benefits Analyst
Job Description: Benefits Analyst
Location: London
Reports To: Benefits Manager
About the Company:
I am representing a leading global financial services business that operates in dynamic and fast-paced markets across the US, UK & Europe. Seeking a detail-oriented Benefits Analyst to support the benefits programs and ensure employees receive the best possible experience with their benefits on a global scale. This is an opportunity for a benefits administrator to step up and flourish their skills and knowledge further.
What You’ll Be Doing:
As a Benefits Analyst, you will play a key role in managing the day-to-day administration of the global benefits programs, ensuring smooth operations, compliance, and employee satisfaction. You will work closely with brokers, insurers, and internal stakeholders to provide efficient benefits administration and resolve employee queries.
- Manage the daily administration of employee benefit programs, including health insurance, pension plans, wellness initiatives, and other perks.
- Serve as the primary point of contact for benefit brokers, insurers, and other external vendors.
- Oversee and facilitate Workday Benefit administration, including employee enrolments, terminations, annual updates, and system enhancements.
- Maintain the accuracy of employee benefit data within Workday and collaborate with the payroll team to ensure accurate monthly reporting.
- Provide guidance to employees on benefits-related inquiries, researching and resolving issues in partnership with internal and external stakeholders.
- Coordinate various ongoing and seasonal benefit programs.
- Reconcile benefit invoices and ensure timely payment processing.
- Keep the company intranet up to date with relevant plan documents, policies, and forms.
- Assist in benefits team projects such as plan renewals, year-end reporting, benefit-in-kind cost calculations, and compliance audits.
- Support ad hoc benefits-related projects as needed.
What You’ll Bring:
My client is seeking a highly motivated individual with a strong analytical mindset, exceptional attention to detail, and the ability to manage multiple tasks in a fast-paced environment.
- Prior HR/Benefits administration experience, preferably within a global or financial services organisation.
- Exposure to international benefits administration is highly desirable.
- Strong proficiency in Microsoft Office, particularly Excel (VLOOKUP, pivot tables, formulas), with the ability to learn new systems quickly.
- Experience working with Workday or a similar HRIS platform.
- Ability to use sound judgment and maintain confidentiality of sensitive information.
- Excellent organisational skills, with a strong ability to prioritize and meet deadlines.
- Strong numeracy, written, and verbal communication skills.
- Ability to build relationships and effectively communicate with employees, leadership, and external partners.
- Ability to work independently as well as collaboratively within a team-oriented environment.
Why Join?
- Be part of a global financial services leader with a strong reputation for excellence.
- Enjoy competitive compensation and comprehensive benefits offerings.
- Work in a collaborative and inclusive environment with opportunities for professional development.
- Gain exposure to international benefits programs and work alongside industry experts.
If you are a detail-oriented HR/Benefits professional looking to grow your career in a global financial services business, get in touch with Leona McCarthy at Frazer Jones.
The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.
