Benefits Manager

We are working with a Bank to recruit a Benefits Manager to join their team in London. This role will report to the Head of Rewards and Benefits. This is a hybrid role (2 days in the office).

Our client is seeking an enthusiastic and dynamic professional to join the Reward and Benefits team in the role of Benefit & Rewards Manager. In this role your primary focus will be on the implementation and management of the comprehensive benefits offerings. You will play a crucial role in ensuring that the total rewards package not only aligns with the bank's strategic objectives, but that it is also competitive, supports employee well-being, and contributes to the attraction, retention, and motivation of top talent in the highly competitive financial industry. In addition this role will have accountabilities as a Reward business partner with a set client group in the business - being involved in compensation coaching to people managers. You will be an integral part of the team and an important member of the HR function.

• a comprehensive understanding of Benefits
• a great attitude
• pension experience
• being plugged into benefits market and ability to be future focussed.

Key Accountabilities:

• Management and optimisation of employee benefit programs, including Private Medical Insurance, the competitive pension offering and other employee benefits
• Contribute to the evaluation of current benefits offerings and suggest improvements to enhance employee satisfaction.
• Stay informed about legal and regulatory changes affecting compensation and benefits.
• Ensure compliance with all statutory reporting requirements and requirements as part of the FCA
• Drive communication strategies that effectively convey the value of the bank's reward and benefits programs to employees and embed our benefits offering
• Support educational initiatives to help employees understand and maximise their compensation and benefits packages
• Drive data analytics to evaluate the impact of reward and benefits programs on employee engagement and satisfaction and recommend pivots/enhancements as relevant
• Contribute insights based on data analysis to drive continuous improvement in the client's offerings.
• Collaborate in managing relationships with external vendors, consultants, and third-party providers involved in the delivery of reward and benefits programmes
• Participate in market research activities to ensure the compensation packages remain attractive and aligned with industry standards.

Experience normally associated with successful performance of role:

• Driven, self-motivated and disciplined, with demonstrable appetite to maximise reward and business success
• Ability to operate at pace
• Good communication and influencing skills, ability to present articulately and comprehensively
• Excellent Microsoft Office skills including Word, Excel and PowerPoint
• Prior experience and subject matter expertise in Benefits is essential for this role
• Strong analytical mindset with the ability to derive insights from data and present findings effectively
• Excellent organisational and time management skills, with the ability to handle multiple tasks simultaneously.
• Strong attention to detail and accuracy
• Excellent interpersonal and communication skills, both written and verbal
• Previous experience with salary benchmarking is desirable

Please apply online now

Applications

If you feel that you have the relevant experience to be successful in this position and would like to find out more please apply online today attaching a copy of your current CV. Alternatively contact us on (phone number removed).
Howells Contracts are an Equal Opportunities employer. All applications will be dealt with in the strictest confidence. Howells Contracts acts as an Employment Business for the supply of temporary workers and an Employment Agency in relation to permanent vacancies.