Employee Benefits Manager, EMEA London/Dublin

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Job description

About Us:

We are PIMCO, a leading global asset management firm. We manage investments and develop solutions across the full spectrum of asset classes, strategies and vehicles: fixed income, equities, commodities, asset allocation, ETFs, hedge funds and private equity. PIMCO is one of the largest investment managers, actively managing more than $2.2 trillion in assets for clients around the world. PIMCO has over 3,070 employees in 22 offices globally. PIMCO is recognized as an innovator, industry thought leader and trusted advisor to our clients.

PIMCO is one of the world's premier fixed income investment managers with thousands of professionals around the world united in a single purpose: creating opportunities for our clients in every environment. Since 1971, we have brought innovation and expertise to our partnership with the institutions, financial advisors and millions of individual investors who entrust us with their assets. We aspire to cultivate performance and leadership through empowering our people, diversity of thought, and a commitment to an inclusive culture that engages in our global communities.

Position Description:

The position will be responsible for supporting the development, management and execution of benefits and wellbeing programs across the EMEA region in line the overall global benefits strategy. This is a diverse, hands-on role that requires proactive management, analytics, and administration capabilities and an in-depth knowledge of benefits practices across EMEA. This position provides a great opportunity to work independently and evolve the scope of benefits programs and service while being part of a dedicated, collegiate team in an international and highly professional environment.

Position Requirements:

• Supports the development of benefits programs (Health, Risk, Wellbeing, and Pension) in various countries in line with the overall global benefits strategy
• Play a key role in ensuring the benefit offerings are competitive and work with local regulations and practices
• Designs programs and recommends changes to existing programs by evaluating trends in benefit elections, market trends, and employee engagement
• Provides top tier escalation support for benefits inquiries and works closely with HR business partners and local leadership to ensure resolution
• Partners with Compliance and Legal functions to ensure understanding of new legislative requirements, and evaluates and recommends the need for new or revised benefit plans to ensure compliance
• Develops benefit plan documents and procedures
• Partners with Finance to ensure proper budgeting and forecasting of benefit program costs
• Develops and distributes communications materials for implementation of new or revised plans
• Assists with the maintenance and updating of the benefits dashboard, benefits brochures, communication campaigns, and benefits process documentation, including standard operating procedures
• Collaborates across the HR team in EMEA to keep everyone informed and understand employee needs
• May provide expertise or guidance on the design and execution of global or local programs in regions outside EMEA
• Manages new hire benefit induction meeting process and ensure seamless benefits onboarding for new hires
• Oversee administration of benefit processes such as: participant enrollment, regular audit and invoicing and benefit deductions and subsidies
• Maintains relationships with benefits consultants, vendors, providers; ensures vendors meet our high customer service standards
• Performs benefit analysis and process transactions related to various payroll changes (benefit deductions, benefit funding, and benefit reconciliation) and conduct data integrity audits in Workday
• Manages the submission of reports to insurance carriers and pension vendors
• Coordinates on-site and virtual benefit events throughout the year that align with benefits strategy

Qualifications:

• Experience working in a similar capacity managing EMEA Benefits or Global Benefits for a 5+ years
• Strong working knowledge of global benefits and employer legal requirements
• Experience with pension structures and administration across EMEA
• Ability to balance "hands-on" administrative needs with strategic and client service responsibilities
• Proven project management skills to move projects forward
• Strong commitment to providing quality work and attention to detail; work must be delivered accurately and on-time.
• Experience working in cross-functional and multi-cultural teams
• Able to function independently in a fast-paced environment.
• Commitment to understanding and applying HR best practices
• Possess advanced knowledge of Excel
• Experience using HR systems (such as Workday and ServiceNow)

Education and Certificates:

• Bachelor's degree
• Experience in the financial services industry preferred

Benefits:

PIMCO is committed to offering a comprehensive portfolio of employee benefits designed to support the health and well-being of you and your family. Benefits vary by location but may include:

• Medical, dental, and vision coverage
• Life insurance and travel coverage
• 401(k) (defined contribution) retirement savings, retirement plan, pension contribution from your first day of employment
• Work/life programs such as flexible work arrangements, parental leave and support, employee assistance plan, commuter benefits, health club discounts, and educational/CFA certification reimbursement programs
• Community involvement opportunities with The PIMCO Foundation in each PIMCO office