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Job Title Benefits Analyst
Job Location London
Description

This job description will be reviewed periodically and is subject to change by management and/or Human Resources.

POSITION OVERVIEW

The Benefits Analyst will work in conjunction with the Associate Director of International Benefits and Wellbeing to support the efficient administration of the Firm's benefit plans and programs; create, generate, and review specialised reporting requests; develop, implement, and audit departmental processes and procedures related to the administration of the Firm's benefit plans.

This position requires a background in systems, financial analysis, or similar. Responsibilities will include analysing benefit plan utilisation, projecting and analysing benefit spend, developing functional specifications for benefits systems, developing test plans and performing systems testing, creating specialised reports and analyses, implementing and auditing benefit administration processes and procedures, and utilising data to identify opportunities and/or areas for enhancement.

The Benefits Analyst will have an active role in various department projects and initiatives across all of the International offices.

ESSENTIAL FUNCTIONS

This list is not exhaustive and may be supplemented and changed as necessary.

  1. Benefits Administration
  • Demonstrate knowledge of the International offices benefit plans and programs in order to ensure seamless service to participants and support effective plan and program administration
  • Prepare reports based on analysis pertaining to benefit participation, eligibility, and cost.
  • Evaluate and analyse benefit spend and support budget tracking and forecasting.
  • Review and maintain internal process documents, making updates and recommendations for change where appropriate.
  • Demonstrate ability to evaluate benefits and implement new benefit offerings, from vendor selection to contracting to benefit roll out and administration.
  1. Compliance
  • Analyse and audit benefits data, review and generate specialised reporting requests.
  • Coordinate with internal HR and IT resources in the development, implementation, and evaluation of benefits data interfaces.
  • Monitor regulatory developments in the International benefits field and makes recommendations regarding necessary policy or administration changes.
  1. Customer Service
  • Manage select vendor relationships to assure superior delivery of vendor services to the Firm and plan participants.
  • Collaborate with vendors to resolve complex participant issues.
  • Collaborate and develop strong interpersonal relationships both within and outside of the department. Provide exceptional, prompt service to attorneys and staff on all benefits related issues.
  1. Project Management, Leadership, Mentoring
  • Support Benefits Department initiatives by leading projects in collaboration with internal and external resources.
  • Manage and collaborate with internal and external stakeholders to resolve complex problems and assure superior delivery of service to the Firm and plan participants.
  • Ability to present information clearly and in a manner that is understandable to leadership and plan participants.
  • Confidently embrace new challenges and take initiative in identifying and implementing process improvements. Provide accurate information and propose and execute effective solutions to problems.

OTHER FUNCTIONS (This list is not exhaustive and may be supplemented and changed as necessary.)

  • Assist with any other functions/duties/special projects as assigned by management.

QUALIFICATIONS

Education, Work Experience, Skills

  • A Bachelor's degree or equivalent is strongly preferred.
  • Advanced analytical skills and experience dealing with complex data sets.
  • Experience of working with benefits within different jurisdictions.
  • Previous experience of working with HR systems, ideally PeopleSoft is desirable.
  • Highly effective writing and communications skills, and the ability to communicate credibly and diplomatically with all levels.
  • Excellent time management and organisational skills, and the ability to simultaneously manage multiple highly detailed projects.
  • Interpersonal skills necessary in order to communicate with a diverse group of Attorneys, staff and clients and provide information with ordinary courtesy and tact while safeguarding confidentiality.
  • Excellent attention to detail and follow-through skills.
  • High comfort level with stressful job requirements. Ability to maintain professionalism under pressure.
  • Ability to keep confidential any information, observations or viewpoints regarding Firm personnel or matters.
  • Ability to solve problems on an immediate basis and work using initiative.
  • Ability to perform technical numeric calculations and demonstrate a good understanding of figures.
  • Ability to demonstrate a flexible and hands-on attitude.
  • Ability to multi-task, remain focused in a demanding environment and work well under pressure.
  • Ability to remain customer focused.
  • Ability to work well within a team.
  • This job description is intended to describe the general nature and level of the work being performed by employees in this job. It is not intended to be a complete list of all responsibilities duties and skills required for this job classification.

Technologies/Software

  • Experience of MS Office with advanced Excel skills.
  • Working knowledge of PowerPoint

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