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- Tasks: Manage and optimize employee benefits, ensuring compliance and engagement.
- Company: Join Travelex, a leader in foreign exchange and digital innovation.
- Benefits: Enjoy hybrid work, diverse culture, and opportunities for growth.
- Why this job: Be part of a global team making a real impact on employee satisfaction.
- Qualifications: Experience in UK benefits, strong communication skills, and attention to detail required.
- Other info: Potential for future involvement in EMEA benefits administration.
The predicted salary is between 36000 - 60000 £ per year.
Role: Benefits Advisor
Reports to: Head of Reward
Location: Peterborough (Hybrid – 3 days in office)/ London
Business Unit: HR
We are seeking an experienced Benefits Advisor to join our Global Reward team in the UK. The successful candidate will be responsible for managing and administering the UK benefits portfolio for our employees, ensuring compliance with UK regulations and optimizing our benefits offerings to attract and retain top talent.
Key Responsibilities
- Manage and administer the UK employee benefits portfolio, including health insurance, pension schemes, and flexible benefits.
- Conduct benefits and pension information sessions for new starters
- Develop and implement regular communication strategies to engage employees with their benefits and ensure content/materials is regularly updated on the colleague benefits portal.
- Serve as the main point of contact during annual benefits renewals.
- Oversee the setup and changes of the flexible benefits system in Workday
- Provide advice to employees on benefits-related queries and issues
- Stay up-to-date with UK employment law and benefits regulations
- Collaborate with HR team members and external vendors to ensure smooth benefits administration
- Analyze benefits usage data and make recommendations for improvements
- Regularly liaise with the UK Payroll and HR teams, and support the team with escalated employee queries. Contacting and working with the vendor when necessary.
- Ensure the budget is regularly updated with changes in employee headcount/uptake and invoices from vendors.
- The role may include administration/support of greater EMEA countries in future as it will be a part of a Global Reward team.
Knowledge / Experience
- In-depth knowledge of UK employee benefits landscape and relevant legislation
- Experience with Workday or similar HRIS systems
- Strong communication and presentation skills
- Excellent organizational and project management abilities
- CIPD qualification preferred but not mandatory
- Exposure to global or multi-country Benefits administration is a plus.
Skills and Attributes
- Attention to detail and accuracy in handling complex benefits information
- Ability to explain complex benefits concepts in simple terms
- Strong interpersonal skills and customer service orientation
- Proactive approach to problem-solving and process improvement
- Ability to work independently and as part of a team
- Proficiency in Microsoft Office suite, particularly Excel
Why Travelex?
To remain the world’s leading foreign exchange specialist, we are focused on making our customers’ lives simpler, more engaging and hassle free while they travel or move money abroad. We promise to give them the freedom and peace of mind to explore the world, their way – enabling them to travel confidently because they know they have us to lean on.
Customer centricity and digital are at the heart of our business strategy. Our commitment to innovation has never been greater, with the development of a number of digital-first, greenfield products and services. And with the Travelex\’s resources, deep industry experience and leading brand we are inventing the future of FX, cross-border e-commerce and international payments.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Benefits Advisor employer: Travelex
Contact Detail:
Travelex Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Benefits Advisor
✨Tip Number 1
Familiarize yourself with the UK employee benefits landscape and relevant legislation. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role.
✨Tip Number 2
Highlight any experience you have with Workday or similar HRIS systems. Being able to showcase your technical skills in managing benefits administration can set you apart from other candidates.
✨Tip Number 3
Prepare to discuss your communication and presentation skills. Since you'll be conducting information sessions for new starters, being able to convey complex benefits concepts in simple terms is crucial.
✨Tip Number 4
Showcase your proactive approach to problem-solving and process improvement. Providing examples of how you've improved benefits administration in previous roles can demonstrate your value to the team.
We think you need these skills to ace Benefits Advisor
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Benefits Advisor position. Understand the key responsibilities and required skills, so you can tailor your application to highlight your relevant experience.
Highlight Relevant Experience: In your CV and cover letter, emphasize your in-depth knowledge of the UK employee benefits landscape and any experience you have with HRIS systems like Workday. Provide specific examples of how you've managed benefits portfolios or conducted information sessions.
Showcase Communication Skills: Since strong communication and presentation skills are essential for this role, include examples in your application that demonstrate your ability to explain complex concepts clearly and engage employees effectively.
Tailor Your Cover Letter: Craft a personalized cover letter that reflects your understanding of Travelex's commitment to customer centricity and innovation. Mention how your proactive approach to problem-solving aligns with their business strategy.
How to prepare for a job interview at Travelex
✨Know Your Benefits Landscape
Make sure you have a solid understanding of the UK employee benefits landscape and relevant legislation. Be prepared to discuss how you would manage and optimize benefits offerings to attract and retain top talent.
✨Showcase Communication Skills
Since the role involves conducting information sessions and developing communication strategies, practice explaining complex benefits concepts in simple terms. Highlight your strong communication and presentation skills during the interview.
✨Demonstrate Organizational Abilities
The position requires excellent organizational and project management skills. Be ready to share examples from your past experiences where you successfully managed multiple tasks or projects simultaneously.
✨Prepare for Problem-Solving Scenarios
Expect questions that assess your proactive approach to problem-solving and process improvement. Think of specific instances where you identified issues and implemented effective solutions in benefits administration.
