At a Glance
- Tasks: Drive benefits programs for 6,000+ employees across EMEA, ensuring compliance and improving plan designs.
- Company: Bloomberg is a leading global information and technology company, known for its innovative culture.
- Benefits: Enjoy competitive pay, collaborative workspaces, and opportunities for community engagement through volunteer projects.
- Why this job: Join a dynamic team where your contributions directly impact employee wellbeing and business success.
- Qualifications: 7+ years in benefits administration, strong project management skills, and a Bachelor's degree or equivalent.
- Other info: Work closely with global teams and gain exposure to diverse cultures and practices.
The predicted salary is between 43200 - 72000 £ per year.
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 we're known for. It's 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 couldn't do anywhere else. It's up to you to make it happen.
People are Bloomberg's 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 6,000 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 reconciliations. In 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 to work closely with colleagues across the Americas and APAC on global projects and initiatives that could impact over 20,000 employees in over 73 countries. Your excellent communication skills will set you up for success in this fast-paced environment!
We'll trust you to:
- Drive plan design improvements and changes by conducting financial and employee impact reviews, as well as external market benchmarking
- Ensure we are meeting our statutory obligations and that our benefit programs are compliant with local laws and regulations
- Regularly review our programs to ensure operational and administrative processes are effective; identify and implement process improvements
- Monitor, analyze and research utilization reports and trends for our plans, and proactively suggest improvements based on feedback, claims trends and market practice
- Act as point of contact for complex employee benefits questions, exercising sound judgement to provide solutions
- Manage implementation of new plans, programs, policies and plan designs
- Cultivate and manage relationships with external consultants, vendors and providers and ensure service standards are adhered to
- Build and maintain a good working knowledge of benefits legislation, industry standards and methodologies, incorporating standards into processes and procedures
- Manage the communication of existing and new programs as well as all benefits compliance related updates, in partnership with our Internal Communications team
- Maintain accurate benefits information on our internal HR portal
You’ll need to have:
- At least 7 years of Benefits administration and advisory experience, including time in a corporate benefits setting, ideally for a minimum of 2-3 years
- Familiarity with Benefits programs and local regulations in the UK and other EMEA locations e.g., France, Germany, Italy, Netherlands and the UAE
- Bachelor's Degree or equivalent experience
- Experience in innovative benefits plan design and implementation, including excellent project management skills
- Demonstrated ability to adapt to new challenges and adjust the course, in light of changes to statutory regulations and requirements
- 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
- Excellent analytical skills, and attention to detail with the ability to review data, detect and correct errors, and take responsibility for data quality
- A customer service focus with a responsive and "can-do" open-minded attitude
- Good judgement - knowing when to escalate an issue combined with a willingness to be flexible
We'd love to see:
- Strong Excel and PowerPoint skills
- Knowledge of analysis and reporting
- Experience working collaboratively
Does this sound like you? Apply if you think we're a match. We'll be in touch to let you know next steps.
Human Resources - Senior Benefits Specialist - EMEA | London, UK employer: Bloomberg
Contact Detail:
Bloomberg Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Human Resources - Senior Benefits Specialist - EMEA | London, UK
✨Tip Number 1
Familiarise yourself with the specific benefits regulations in the UK and other EMEA countries mentioned in the job description. This knowledge will not only help you understand the role better but also demonstrate your commitment and expertise during discussions.
✨Tip Number 2
Network with current or former employees of Bloomberg, especially those in HR or benefits roles. They can provide valuable insights into the company culture and expectations, which can be a great advantage when preparing for interviews.
✨Tip Number 3
Brush up on your analytical skills, particularly in Excel, as this role requires monitoring and analysing utilisation reports. Being able to showcase your proficiency in data analysis during the interview will set you apart from other candidates.
✨Tip Number 4
Prepare examples of how you've successfully managed benefits programs or projects in the past. Highlighting your project management skills and ability to adapt to changes will resonate well with the hiring team at Bloomberg.
We think you need these skills to ace Human Resources - Senior Benefits Specialist - EMEA | London, UK
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in benefits administration and advisory roles. Emphasise your familiarity with UK and EMEA regulations, as well as any innovative benefits plan design you've been involved in.
Craft a Compelling Cover Letter: In your cover letter, express your passion for employee benefits and how you can contribute to Bloomberg's mission. Mention specific examples of how you've driven plan design improvements or managed vendor relationships in the past.
Highlight Communication Skills: Since excellent communication is key for this role, ensure you provide examples of how you've effectively communicated complex benefits information to employees or stakeholders in previous positions.
Showcase Analytical Abilities: Demonstrate your analytical skills by including examples of how you've monitored and analysed benefits utilisation reports. Discuss any process improvements you've suggested based on data trends.
How to prepare for a job interview at Bloomberg
✨Know Your Benefits Inside Out
Make sure you have a solid understanding of various benefits programs, especially those relevant to the EMEA region. Be prepared to discuss how you would improve or innovate these programs based on your past experiences.
✨Showcase Your Analytical Skills
Since the role requires strong analytical abilities, come ready with examples of how you've used data to drive decisions in previous roles. Highlight any specific tools or methodologies you've employed to analyse benefits trends.
✨Demonstrate Relationship-Building Skills
Bloomberg values collaboration, so be prepared to discuss how you've successfully built and maintained relationships with vendors and internal stakeholders. Share specific instances where your communication skills made a difference.
✨Prepare for Compliance Questions
Given the importance of compliance in benefits administration, brush up on local regulations and be ready to discuss how you've ensured compliance in your previous roles. This will show your understanding of the legal landscape in the EMEA region.