Pensions & Benefits Manager

HITACHI ENERGY SERVICES SP. Z O.O.; Milano; In loco; EUR 70.000 - 90.000; Tempo pieno

Descrizione del lavoro

A global technology leader is seeking a Pensions & Benefits Manager to oversee regional pensions and global employee benefits programs. This role involves managing pensions legislation compliance, vendor relationships, and contributing to enhancements in benefit programs. Ideal candidates will have experience in pensions program management and a strong strategic mindset. This position is based in Milan, Italy.

Competenze

• Experience managing pensions programs is essential.
• Strong understanding of pension legislation and compliance.
• Ability to collaborate with legal and finance teams.

Mansioni

• Govern and manage regional pensions programs in Europe.
• Oversee global Insured Employee Benefits Programs.
• Lead local and global pensions & benefits projects.

Conoscenze

Strategic thinking

Pension program management

Risk management

Vendor management

Formazione

Degree in Human Resources or Finance

Descrizione del lavoro

Description

Hitachi Energy is a global technology leader in electrification, powering a sustainable energy future with innovative power grid technologies with digital at the core. Over three billion people depend on our technologies to power their daily lives.

With over a century in pioneering mission-critical technologies like high-voltage transformers, automation, and power electronics, we are addressing the most urgent energy challenge of our time - balancing soaring electricity demand while decarbonizing the power system.

Hitachi Energy operates in over 60 countries with over 50,000 ambitious employees contributing to the company's successful growth.

We are seeking an experienced and strategic

• Pensions & Benefits Manager
• to join our global Pensions & Benefits CoE team reporting to the Global Head of Pensions & Benefits.

This position plays a pivotal role in various key areas :

• Governing, controlling, managing, and shaping our pensions programs within the Europe region.
• The Pensions & Benefits Manager oversees, governs, and actively manages our pension programs from a strategic and conceptual perspective with a regional focus on Europe. The role focuses on the design, implementation, and conceptual pensions program offering in accordance with legal and regulatory requirements, and in line with our pension’s governance model and strategy.
• Overseeing, governing, and controlling our global Insured Employee Benefits Programs worldwide.
• In addition to regional responsibilities, the role will take global ownership of our Insured Employee Benefits governance, including finance strategy, risk management, and cost control.
• Leading, managing, and/or contributing to local, regional, and global pensions & benefits projects.
• The role leads, manages, and/or contributes to various local, regional, and global pensions & benefits projects supporting our ambition of continuous enhancements.

How you will make an impact

• Regional Responsibilities - Europe Pensions
• Contribute to the strategic development and advise on enhanced operational execution of our pension programs.
• Monitor and analyze the respective countries’ pension programs with reference to changes in legislation to ensure legal compliance of our pension schemes, operations, and processes, including risk assessment, cost control, and vendor service quality, as well as market competitiveness. This includes:
• Develop and recommend modifications to existing pension plan designs and new concepts, and prepare business cases supporting implementation and improvements.
• Collaborate with legal, finance, compliance teams, and external consultants.
• Make recommendations on vendor selection where appropriate, lead and manage pension vendor and provider relationships, including contract negotiations, renewals, and performance management.
• Draft pension plan rules (policies), member booklets, and other documents, as well as employee communication strategies and materials.
• Support and align with other HR functions to ensure seamless operational delivery of pension programs.
• Ensure data accuracy and completeness for pension and similar long-term plans reported in the Global Benefits Data Repository.

Global Responsibilities - Insured Employee Benefits Lead

• Take ownership of global Insured Employee Benefits Management, including governance, risk management, financing strategy, and cost control.
• Act as the single point of contact for C&B Hub Leads and broker network on strategic and conceptual insured employee benefits matters.
• Collaborate with global brokers to ensure high-quality service delivery, managing vendor relationships with a focus on strategic and conceptual issues.
• Manage IEB finance and risk strategies, with support from our global broker.
• Oversee global Insured Employee Risk Pools, monitoring their success, sustainability, and partnerships.
• Identify cost control measures and analyze claim reports to address cost drivers.
• Shape annual renewal strategies in alignment with global brokers to address market developments.
• Develop regular risk management reports for insured employee benefits to support strategic decisions.