Benefits Analyst

FNZ; Gurugram District; On-site; INR 500,000 - 800,000; Full time

Job summary

A leading financial services firm seeks a Benefits Analyst to manage employee benefits programs in Gurugram, Haryana. The role involves administering benefits, ensuring compliance, and providing operational support. Ideal candidates should have a Bachelor's degree in HR or related fields and at least 2 years of experience in benefits administration. Proficiency in HRIS systems and strong analytical skills are essential. Join this full-time position to enhance employee experience and streamline benefits processes.

Qualifications

• 2+ years of experience in benefits administration or HR operations.
• Strong knowledge of benefits programs and local regulatory requirements.
• Excellent attention to detail and organizational skills.

Responsibilities

• Manage enrollment, changes, and terminations in benefits programs.
• Ensure compliance with local laws and company policies.
• Provide data analysis and reporting to support compensation and benefits projects.

Skills

Benefits Administration

HRIS systems

Microsoft Excel

Compliance Knowledge

Communication Skills

Education

Bachelor’s degree in Human Resources, Business Administration, or related field

Job description

The Benefits Analyst is responsible for the administration of employee benefits programs and provides operational and analytical support to the Compensation and Benefits team. This role ensures compliance with company policies and local regulations, delivers excellent employee experience, and supports initiatives that enhance the overall benefits offering.

Key Responsibilities

• Benefits Administration
• Manage enrollment, changes, and terminations in benefits programs (health, retirement, insurance, etc.).
• Serve as the primary point of contact for employees regarding benefits inquiries and issues.
• Coordinate with vendors and third-party administrators to resolve discrepancies and ensure accurate data.
• Compliance & Reporting
• Ensure benefits programs comply with local laws and company policies.
• Prepare and maintain accurate records and reports for audits and regulatory requirements.
• Assist in annual benefits renewals and open enrollment processes.
• Ensure contracts with benefits providers are in place and up to date.
• Liaise with Procurement to raise purchase orders (POs) for benefits services.
• Coordinate with Finance to ensure timely processing and payment of invoices.
• Maintain accurate documentation of vendor agreements and related financial transactions.
• Support for Reward Team
• Provide data analysis and reporting to support compensation and benefits projects.
• Assist in benchmarking and market research for benefits programs.
• Support communication initiatives to educate employees on benefits offerings.
• Process Improvement
• Identify opportunities to streamline benefits administration processes.
• Participate in system upgrades and testing related to benefits platforms.

Qualifications

• Bachelor’s degree in Human Resources, Business Administration, or related field.
• 2+ years of experience in benefits administration or HR operations.
• Strong knowledge of benefits programs and local regulatory requirements.
• Proficiency in HRIS systems and Microsoft Excel.
• Excellent attention to detail, organizational, and communication skills.

Preferred Skills

• Experience with global or multi-country benefits programs.
• Analytical mindset with ability to interpret data and provide insights.
• Customer-focused approach with strong problem-solving skills.

Seniority level

Entry level

Employment type

Full-time

Job function

Human Resources

Location: Gurugram, Haryana, India.