At a Glance
- Tasks: Lead global benefits and wellbeing initiatives to enhance employee experience.
- Company: Join a dynamic team at a leading global organisation focused on employee wellbeing.
- Benefits: Enjoy competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Make a real difference in employees' lives by optimising their benefits and wellness.
- Qualifications: 5-8 years of experience in US benefits and plan design required.
- Other info: Collaborative environment with a focus on innovation and employee satisfaction.
The predicted salary is between 48000 - 72000 £ per year.
We are seeking a passionate and detail-oriented Benefits and Wellbeing Lead to join our global Reward team. The ideal candidate will be responsible for developing, implementing, managing and optimizing our benefits and wellness initiatives to support our employees' physical, mental, and financial well-being. This role will be involved in the phased implementation of the Darwin flexible benefits platform across various countries over the next 2 years. This role requires strong organizational and analytical skills, a customer-focused mindset, and the ability to collaborate effectively with cross-functional teams.
Key responsibilities
- US Benefits Program Management: Own the end-to-end delivery of US benefits, including medical, dental, vision, STD / LTD, FSA dependent care, limited purpose and commuter plans, etc. Develop recommendations and implement innovative benefits strategies that enhance employee experience and align with company culture.
- Global Benefits Program Management: Be involved in managing other benefit arrangements outside the US e.g. in Bermuda, Europe, for example managing the annual benefits open enrollment process.
- Vendor Management: Own benefit and wellness vendor relationships. Closely partner with our global benefits broker, third party benefits administrator & tech provider, and wellness vendors on delivering a competitive benefits and wellness program and ensuring best in class customer service is being provided to our employees.
- Benefit Design & Evaluation: Partner with internal and external benefit and wellness partners to recommend and evaluate global benefit and wellness program offerings. Implement targeted campaigns and initiatives based on themes identified.
- Communication and Stakeholder Partnership: Own internal benefit and wellness related communications. Be a point of escalation for resolving and addressing benefit related queries. Work with internal stakeholders (HR, Procurement, Legal, Finance, etc.) for alignment and compliance as needed.
- Benefit Plan Review: Be a subject matter expert on US benefits in particular and develop knowledge in other jurisdictions, demonstrating thought leadership and deep insight of best practice in local markets. Lead the evolution of benefits to ensure Hiscox is an employer of choice.
- US compliance and reporting: Ensure organizational compliance with all relevant government regulations, including, but not limited to, ACA, ERISA reporting and disclosure requirements, FMLA, COBRA and HIPAA. Partner with the benefits broker to ensure plans are ERISA compliant, plan documents are up to date, and regulatory compliance filings, including the 5500, are completed accurately and on time.
Person Specification
- Minimum of 5-8 years of experience in US benefits and plan design across multiple geographies.
- Commercially minded, committed and driven with a strong work ethic, willing to take personal responsibility and accountability for projects, dedicated to service excellence.
- Flexible, resilient, ability to effectively prioritize and deliver workload in a fast-paced changing environment with competing priorities.
- Strong change management, stakeholder management, partnering and influencing skills.
- Effective communication skills with ability to convey information clearly and concisely, both verbally and in writing.
- Demonstrated ability to work collaboratively and effectively with remote teams.
- Strong analytical and problem-solving skills, with the ability to interpret data and make informed decisions.
Global Benefits & Wellbeing Lead employer: Hiscox
Contact Detail:
Hiscox Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Global Benefits & Wellbeing Lead
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, or even hit up LinkedIn. The more you engage, the better your chances of landing that dream job.
✨Ace the Informational Interview
Don’t be shy about reaching out for informational interviews. It’s a great way to learn about the company culture and make a lasting impression. Plus, it shows you’re genuinely interested in the role!
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share specific examples of how you’ve tackled challenges in previous roles. This will help them see you as the perfect fit for their team.
✨Apply Through Our Website
Remember, applying through our website gives you a better shot at getting noticed. We love seeing candidates who take the initiative to go directly to the source. So, don’t hesitate—get your application in!
We think you need these skills to ace Global Benefits & Wellbeing Lead
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your experience in benefits management and any relevant projects you've led. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to tell us why you're passionate about benefits and wellbeing, and how your background aligns with our mission. Keep it engaging and personal – we love a good story!
Showcase Your Analytical Skills: Since this role requires strong analytical skills, be sure to include examples of how you've used data to drive decisions in your previous roles. We’re keen to see how you can leverage insights to enhance employee wellbeing.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Hiscox
✨Know Your Benefits Inside Out
Make sure you’re well-versed in the specifics of US benefits and wellness programs. Familiarise yourself with medical, dental, vision plans, and any other relevant offerings. This will not only show your expertise but also demonstrate your commitment to understanding the role.
✨Showcase Your Analytical Skills
Prepare examples that highlight your analytical and problem-solving abilities. Think about times when you’ve used data to make informed decisions or improve a benefits programme. Being able to discuss these experiences will set you apart as a candidate who can drive results.
✨Emphasise Collaboration
Since this role involves working with cross-functional teams, be ready to share examples of how you’ve successfully collaborated in the past. Highlight your communication skills and how you’ve managed stakeholder relationships to achieve common goals.
✨Stay Updated on Compliance
Brush up on relevant regulations like ACA, ERISA, and HIPAA. Being knowledgeable about compliance will show that you take the role seriously and understand the importance of adhering to legal requirements in benefits management.