Employee Benefits Manager

Job Junction; Mumbai; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Job Junction in Mumbai invites an experienced Employee Benefits Manager to spearhead comprehensive benefits programs, ensure IRDAI compliance, and oversee benefits data reconciliation. The role works closely with HR and finance to align offerings with budget and regulatory requirements.

The ideal candidate will lead a team, analyze utilization trends, and drive improvements while staying updated on industry best practices in employee benefits management.

Qualifications

• Strong knowledge of employee benefits endorsements and IRDAI compliance.
• Proficiency in reconciliation processes and advanced Excel skills.
• Excellent team management and leadership abilities.
• Strong analytical and problem-solving skills.
• Effective communication and interpersonal skills to work collaboratively with stakeholders.

Responsibilities

• Develop and manage employee benefits programs, ensuring they meet workforce needs while meeting legal and regulatory requirements.
• Ensure compliance with IRDAI regulations and other relevant laws, conducting audits and assessments.
• Oversee the reconciliation of benefits data, ensuring accuracy and timely reporting.
• Lead and manage a team responsible for the administration of employee benefits, providing guidance and support.
• Collaborate with HR and finance to align benefits with goals and budgets.
• Analyze and report on benefits utilization and trends, recommending improvements.
• Stay updated on industry trends and best practices in employee benefits management.

Skills

IRDAI compliance

Benefits reconciliation

Team leadership

Analytical skills

Communication skills

Education

Degree in HR or Finance

Tools

Excel

Job description

We are seeking an experienced Employee Benefits Manager to join our team in the Mumbai region. The ideal candidate will have a strong background in managing employee benefits programs, ensuring compliance with IRDAI regulations, and overseeing the reconciliation of benefits data. This role is crucial in supporting our organization's commitment to providing comprehensive and compliant employee benefits.

Key Responsibilities

• Develop and manage employee benefits programs, ensuring they meet the needs of our workforce while adhering to legal and regulatory requirements.
• Ensure compliance with IRDAI regulations and other relevant laws, conducting regular audits and assessments to maintain standards.
• Oversee the reconciliation of benefits data, ensuring accuracy and timely reporting.
• Lead and manage a team responsible for the administration of employee benefits, providing guidance and support to team members.
• Collaborate with HR and finance departments to align benefits offerings with organizational goals and budgetary constraints.
• Analyze and report on benefits utilization and trends, making recommendations for improvements and enhancements.
• Stay updated on industry trends and best practices in employee benefits management.

Required Skills

• Strong knowledge of employee benefits endorsements and IRDAI compliance.
• Proficiency in reconciliation processes and advanced Excel skills.
• Excellent team management and leadership abilities.
• Strong analytical and problem-solving skills.
• Effective communication and interpersonal skills to work collaboratively with various stakeholders.

If you are passionate about employee benefits and have the expertise to drive compliance and efficiency in this area, we encourage you to apply for this exciting opportunity.