APAC Benefits Specialist.

Millennium Management; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A global investment management firm in Singapore seeks an experienced APAC Benefits Specialist to manage employee benefits across the region. You will collaborate with HR teams and vendors, ensuring effective governance of benefits policies. Ideal candidates have over 8 years in the industry, proficiency in HRIS, and strong communication skills. This role emphasizes analytical thinking and strategic vendor management to enhance employee well-being and retention.

Qualifications

• Minimum of 8 years of progressive experience in the industry.
• Strong knowledge of employee benefit programs, trends, and wellness policies in APAC.
• Experience in designing and implementing comprehensive benefits programs.

Responsibilities

• Manage international pension, benefits & wellness policies for APAC.
• Monitor and analyze benefits utilization data.
• Build strong partnerships with key stakeholders in HR Operations and Payroll teams.

Skills

Strong communication skills

Analytical skills

Vendor management

Project management

Tools

HRIS platforms

MS Excel

MS Word

MS PowerPoint

Job description

APAC Benefits Specialist

As an APAC Benefits Specialist at Millennium, you will be responsible for reviewing and managing the offering for employees across the region, working closely with the Head of International Benefits and other regional specialists. In a newly created role, you will have a strong focus on process management, market benchmarking and governance.

Responsibilities

• Manage the international pension, benefits & wellness policies for Millennium’s APAC locations
• Manage, govern and continuously assess all vendors across the various benefit types
• Ensure annual renewals are met across the various locations, creating a comprehensive and diligent calendar of activities from benchmarking and renewal negotiations to invoice management
• Act as key point of contact for benefit query escalations - resolve employee questions and problems by interpreting benefit policies and procedures
• Monitor and analyze benefits utilization data, trends, and costs specific to our high-touch environment, providing insights and recommendations for continuous improvement and enhancements to services
• Maintain and develop insurance vendor and broker relationships and act as key point of contact for vendors in region
• Work to enhance our benefits communication strategy
• Ensure HR policies are designed to address the unique needs of our workforce, providing guidance to managers and employees on policy interpretation and compliance.
• Build and maintain strong partnerships with key stakeholders across the organization – in particular the HR Operations and Payroll teams – to ensure strong governance for benefits administration
• Champion a culture of employee well-being and engagement in supporting and retaining our talent

Qualifications / Skills Required

• Minimum of 8 years of progressive experience in the industry
• Very strong communication and analytical skills with the ability to operate at all levels of the organization
• Strong knowledge of employee benefit programs, trends and wellness policies in countries across APAC. In particular, Singapore, Hong Kong, India, Japan, China and Australia exposure preferred, with experience of benefits in EMEA also helpful
• Demonstrated experience in designing and implementing comprehensive benefits programs, including health insurance, retirement plans, leave policies, and wellness initiatives
• Competency with HRIS platforms. Workday experience is a plus but not required
• Strong vendor management skills
• Ability to effectively plan, set priorities, and manage several complex projects simultaneously.
• Ability to work in a matrixed environment
• Solid experience using MS Excel, Word and PowerPoint
• Ability to handle sensitive information with high degree of confidentiality and discretion
• Excellent team collaborator but also ability to be a self-starter and work independently