Manager - Benefits

Qiddiya Investment Company; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading entertainment and cultural firm in Saudi Arabia seeks a Manager - Employee Benefits. This role will shape benefits strategy, manage insurance offerings, and ensure compliance with regulations. Candidates should have a Bachelor's degree and over 5 years of experience in benefits management. Excellent negotiation and project management skills are essential.

Qualifications

• 5+ years of experience in employee benefits management, with a focus on insurance and health benefits.
• Strong knowledge of benefits regulations and compliance requirements.
• Experience in negotiating and managing insurance programs.

Responsibilities

• Conduct regular assessments of current benefits programs.
• Prepare benchmarking reports to evaluate competitiveness.
• Negotiate with insurance providers for optimal terms.

Skills

Employee benefits management

Negotiation skills

Analytical skills

Project management

Excellent communication

Education

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

Job description

Join Qiddiya Investment Company as a Manager - Employee Benefits and take on a pivotal role in shaping our employee benefits strategy and programs. As a leader in the entertainment and cultural landscape of Saudi Arabia, we seek an experienced and strategic professional to oversee our benefits offerings and ensure they align with the needs of our diverse workforce.

Responsibilities

• Conduct regular assessments of current benefits programs in comparison to market standards and best practices.
• Prepare benchmarking reports to evaluate competitiveness and identify areas for improvement.
• Provide recommendations to enhance benefits offerings in alignment with employee needs and company strategy.
• Lead the management and administration of the company’s health, life, and disability insurance programs.
• Negotiate with insurance providers to secure optimal terms, coverage, and pricing.
• Act as the main point of contact for insurance brokers and third-party providers.
• Ensure timely renewal, claims management, and ongoing evaluation of insurance plans' performance and effectiveness.
• Oversee the implementation of new benefits programs and initiatives.
• Develop and maintain project timelines, ensuring timely delivery of milestones and objectives.
• Lead medical insurance management and enhancements.
• Drive digitalization efforts for benefits platforms and systems to enhance efficiency and employee experience.
• Ensure all benefits programs are compliant with local labor laws, regulatory requirements, and company policies.
• Maintain thorough documentation and reporting to support internal and external audits.
• Stay updated on regulatory changes affecting employee benefits and advise leadership on necessary adjustments.
• Manage relationships with external benefits providers, brokers, and consultants to ensure service quality and performance.
• Collaborate with internal stakeholders, including HR, Finance, and Legal, to ensure alignment of benefits with organizational objectives

Requirements

• Bachelor’s degree in Human Resources, Business Administration, or a related field.
• 5+ years of experience in employee benefits management, with a focus on insurance and health benefits.
• Strong knowledge of benefits regulations and compliance requirements.
• Experience in negotiating and managing insurance programs.
• Excellent communication, project management, and analytical skills.