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Pensions and Benefit, VP

London, United Kingdom | Goldman Sachs

  • Industry:
    Financial Services
  • Position Type:
    Full-Time
  • Functions:
    Project Management
  • Experience:
    10-12 years
Job Description:
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Lead EMEA Benefits (Life, Disability,Healthcare, etc.) ensuring innovation and that plan design maximises the employee experience and associated benefit/healthcare outcomes, whilst leveraging cost saving opportunities for the firm

Ensure strategy is aligned to business requirements

Lead policy reviews on ongoing basis ensuring critical review, compliance with internal requirements as well local regulation and legislation

Partner with the global team on cross regional healthcare / benefits projects including cross regional and cross functional working group activity

Collaborate strategically with the EMEA pensions team

GOVERNANCE:

Ensure compliance of all benefit programmes in line with internal policy and local regulation and legislation

Responsibility for managing UK Healthcare Trust governance and supporting UK Healthcare Trustee Board

Support the development of Global Governance and Policy and ensure EMEA benefit programmes operation within the global governance framework

Manage internal benefits governance ensuring alignment to internal policy, e.g. Records Management

Seeking relevant approval to all benefit programme/policy changes. 

OPERATIONS:

Day-to-day management of UK Healthcare Trust, including funding

Manage the effective delivery of the EMEA benefits administration process via a third party administrator including payroll files, tax data and vendor enrolment transactions. Identify and implement ongoing opportunities to automate processes and gain efficiencies across all EMEA locations

Drive ongoing development of management reporting across all areas of benefits and wellness to enable global parity

Oversee the management of vendor service providers including budget, performance and innovation

Managing key stakeholders and vendors, ensuring compliance in local jurisdictions and leveraging opportunities to increase the quality of the retirement offering

Set and manage budgets for relevant benefits and initiatives across EMEA, working with both local and global teams to address questions, prepare budgets, and present analyses / reporting to senior stakeholders

PEOPLE MANAGEMENT:

Direct line management of benefits team (up to 5 people)

Ability to manage, motivate and drive performance of the team

OTHER:

Provide advisory service to the business including postings, presentations and other the delivery of other stakeholder management documentation

Support and advice on merger, acquisition and sale activity as relates to UK benefits policies

SKILLS / REQUIREMENTS

10+ years of EMEA Benefits experience with focus on Healthcare, risk, cars and voluntary benefits and working knowledge of EMEA benefits legislation

Working knowledge of Defined Benefit and Defined Contribution pension arrangements preferable

Experience of Global Pensions and Benefits an advantage

Strong project management and organization skills with superior attention to detail and excellent follow-through

Results-oriented; ability to successfully manage multiple tasks, take initiative to improve own performance, and ability to work intensely towards extremely challenging goals in the face of obstacles or setbacks

Ability to develop relationships with people at all levels of the organization and a broad base of stakeholders

Strong communication, influencing and persuasion skills and comfortable working in a global team that both welcomes and challenges new ideas

Strong analytical and problem solving skills; ability to perform detailed analysis of problems and identify resolutions; understands when and how to escalate issues to manage risk

Innovative approach with ability and appetite to challenge existing policies and processes

Creative strength to transform abstract ideas into tangible actions/products

Ability to operate in a virtual work environment where teams may be spread across multiple locations

Self-starting and enthusiastic in approach to work

Strong understanding of finance and metrics management and reporting

Advanced computer literacy: Advanced Microsoft Office and Excel skills a requirement


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