Senior Benefits Specialist Job In Factset Philippines Inc In India, Hyderabad / Secunderabad, Telangana

Job Description:The role primarily focuses on managing the India Benefits policies and programs which includes vendor management, compliance testing, designing benefit packages, framing policies, market intelligence, end-end administration of enrollment, endorsements, maintaining internal and external benefits databaseRole and ResponsibilitiesDatabase ManagementValidate data, invoices, endorsements, contracts, and employee database management Conduct audits of data/invoices to ensure processes and policies are managed accurately and effectivelyOperations:Support annual renewals for India and if required APAC offices, benchmark FactSet against peers and research industry and employment trendsPartner with Insurance brokers, vendors and TPAs to prepare reports and applications required by local law to be filed with the Department of Labor for each region and other regulatory agenciesWork on end-to-end administration of employee benefits operations for FactSet India for medical, personal accident and life insurance with related policies, financials, and timelines for the benefit of the employeesEnsure timely and accurate processing of monthly benefit schedules and activation of benefits for the new hiresCommunication:Design, review and update benefits communications on an ongoing basis, validate and review policies, processes, FAQ's, SOP's & BCP's for benefits processes and update Intranet pages.

Develop written materials (eg, forms, procedures, brochures, etc) for the purpose of documenting benefits activities, providing written reference and/or conveying information, Partner with the technical team to plan and execute annual benefits enrollment, Benefits query managementConduct orientation sessions focused on Employee Benefits for new hires remotely across APAC.

Provide recommendations to leadership to fill gaps in employee benefit processes to improve efficiency and experienceAnalysis: Ensure periodic checks and reconciliation of the quarterly benefits claims analysis, work with the Senior management, and the respective stakeholders to build plans and improve strategies for greater outputLeave management: Administering leave management (like policies, overtime records, absence management, etc) and maintaining leave reportsWellness Initiatives: Organizing wellness programs, road shows/orientation programs, coordinating with the concerned departments for the smooth run of the programsPartner with global and regional benefits team for co-creating and implementing employee wellbeing benefits for FactSet APAC employees & support initiatives to enhance wellness benefits scope in the regionQUALIFICATIONS: List the knowledge, skills, and experience that allow the job to be performed in a fully competent mannerExcellent verbal and written communication skillsHands-on experience in Advance Excel, MS Office suiteStrong Knowledge of Insurance Regulatory, Statutory Compliance, and the Operational guidelines that govern India Employee benefitsExperience of India focused Benefits role in a fast-paced environment is a mustData Analytical skills

Factset Philippines Inc is looking for .

Factset Philippines Inc is looking for Any Graduate / Post Graduate profile candidates.