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For Companies At a Glance
- Tasks: Manage employee benefits and coordinate payroll for London and Frankfurt.
- Company: Dynamic Private & Investment Banking firm with a focus on employee well-being.
- Benefits: Salary up to £60,000, hybrid working, gym membership, and electric vehicle lease options.
- Why this job: Join a team that values your input and offers fantastic career growth opportunities.
- Qualifications: 3+ years in Payroll & Benefits Administration and familiarity with HRIS platforms.
- Other info: Enjoy a vibrant work culture with a strong emphasis on employee benefits.
The predicted salary is between 43200 - 72000 £ per year.
Overview
Our Private & Investment Banking client is seeking a driven and adaptable Benefits Specialist on a rolling 12-month fixed-term contract.
- Salary to £60,000 + 15-20% Completion Bonus
- 12-month fixed-term contract on a rolling basis
- 09:30-17:30 Monday-Friday + hybrid working (3 days office / 2 days remote)
- Fantastic employee benefits, including gym membership contribution, electric vehicles lease opportunities, medical screening, and more
This role is responsible for the end-to-end administration of employee benefits in London and Frankfurt, including policy renewals, payroll support, and employee communications, ensuring accurate and compliant delivery across multiple benefit programmes.
Responsibilities
- Act as the primary contact for London and Frankfurt benefits brokers and vendors.
- Coordinate monthly payroll for London and Frankfurt via Workday.
- Respond to employee queries regarding benefits, providing clear and accurate information.
- Accurately update benefit portals with employee elections, particularly for new joiners, leavers, and following the annual healthcare benefits renewal (London & Frankfurt).
- Issue pensions promise enrolment documentation to eligible employees (Frankfurt).
- Send annual reports to benefits providers and brokers as required.
- Support the Associate Director in managing the annual renewal process for healthcare, PHI, and Life Assurance benefits in partnership with Mercer.
- Collaborate with the GIB HR Manager to manage the annual non-forgivable loan and bonus programme.
- Lead the coordination of annual payroll audits for both London and Frankfurt, ensuring all necessary documentation is prepared and maintained in accordance with audit requirements.
Qualifications
- 3+ years of Payroll & Benefits Administration is essential.
- Familiarity with healthcare, pension, life assurance, and other employee benefits schemes across UK and ideally Germany.
- Experience working with brokers and vendors to resolve issues and maintain service levels.
- Competence in using HRIS platforms (preferably Workday) for payroll administration, benefits enrolments, and reporting.
- Payroll knowledge.
Seniority level
- Mid-Senior level
Employment type
- Contract
Job function
- Legal, Human Resources, and Finance
Industries
- Human Resources Services, Legal Services, and Financial Services
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Benefits Specialist employer: Larbey Evans
Contact Detail:
Larbey Evans Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Benefits Specialist
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in benefits or HR. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by researching the company and its benefits programmes. Show us you know what they offer and how you can enhance their employee experience. Tailor your answers to reflect their values and needs.
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can keep you top of mind. Mention something specific from your conversation to show you were engaged and interested.
✨Tip Number 4
Apply through our website for the best chance at landing that Benefits Specialist role. We love seeing applications directly from candidates who are keen on joining our team!
We think you need these skills to ace Benefits Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Benefits Specialist role. Highlight your experience in payroll and benefits administration, especially if you've worked with brokers and vendors before. We want to see how your skills match what we're looking for!
Show Your Passion: In your cover letter, let us know why you're excited about this role and working with us at StudySmarter. Share any personal experiences or insights that connect you to employee benefits and how they can make a difference in people's lives.
Be Clear and Concise: When filling out your application, keep your language clear and to the point. We appreciate straightforward communication, so avoid jargon and focus on what makes you a great fit for the role. Remember, clarity is key!
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do at StudySmarter!
How to prepare for a job interview at Larbey Evans
✨Know Your Benefits Inside Out
Make sure you’re well-versed in the various employee benefits schemes, especially those relevant to the UK and Germany. Familiarise yourself with healthcare, pensions, and life assurance policies, as this knowledge will help you answer questions confidently and demonstrate your expertise.
✨Showcase Your Payroll Experience
Since payroll coordination is a key responsibility, be ready to discuss your previous experience with payroll systems, particularly Workday. Prepare specific examples of how you've managed payroll processes and resolved issues, as this will highlight your competence in this area.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving skills, especially regarding employee queries and vendor management. Think of scenarios where you successfully handled complex situations or improved processes, and be ready to share these stories during the interview.
✨Demonstrate Your Communication Skills
As a Benefits Specialist, clear communication is crucial. Practice articulating your thoughts clearly and concisely. You might be asked how you would explain complex benefits information to employees, so think about how you can make it relatable and easy to understand.
