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For Companies At a Glance
- 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 travel easier and more enjoyable for everyone.
- 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 43200 - 72000 £ 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.
Travelex | Benefits Advisor employer: Travelex
Contact Detail:
Travelex Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Travelex | Benefits Advisor
✨Tip Number 1
Familiarize yourself with the UK employee benefits landscape and relevant legislation. This knowledge will not only help you understand the role better but also demonstrate your expertise during discussions with our team.
✨Tip Number 2
Highlight any experience you have with Workday or similar HRIS systems. Being able to navigate these platforms efficiently is crucial for managing our benefits portfolio effectively.
✨Tip Number 3
Prepare to showcase your strong communication and presentation skills. As a Benefits Advisor, you'll need to conduct information sessions and engage employees, so being able to convey complex information simply is key.
✨Tip Number 4
Demonstrate your proactive approach to problem-solving and process improvement. We value team members who can identify issues and suggest enhancements to our benefits administration processes.
We think you need these skills to ace Travelex | Benefits Advisor
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Benefits Advisor position. Highlight key responsibilities and required skills that align with your experience.
Tailor Your CV: Customize your CV to reflect your relevant experience in managing employee benefits, compliance with UK regulations, and any experience with HRIS systems like Workday.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the UK benefits landscape and your ability to communicate complex information simply. Mention specific examples from your past roles.
Highlight Relevant Skills: In your application, emphasize your strong communication skills, attention to detail, and proactive problem-solving abilities, as these are crucial for the Benefits Advisor role.
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 your experience aligns with managing health insurance, pension schemes, and flexible benefits.
✨Showcase Communication Skills
Since the role involves conducting information sessions and regular communication strategies, be ready to demonstrate your strong communication and presentation skills. Share examples of how you've engaged employees in the past.
✨Highlight Problem-Solving Abilities
Prepare to discuss specific instances where you've proactively solved problems or improved processes related to benefits administration. This will showcase your proactive approach and attention to detail.
✨Familiarize Yourself with Workday
If you have experience with Workday or similar HRIS systems, be sure to mention it. If not, familiarize yourself with its functionalities, especially regarding benefits management, as this will be crucial for the role.
