Manager - Employee Benefits - BFSI

Manager - Employee benefits

- Ability to maintain relationships with insurance and healthcare providers, Insurance brokers and drive preliminary negotiations

- Monitor and research benefits trends.

- Participate in market surveys and benchmarking studies

- Work with HCM Compliance and Operations teams to improve the current HCM policies (Financial and Non-financial)

- Monitor and execution of the monthly ESOP administration cycle.

- Create FAQs, avail other platforms for better employee communication, administration of Pan Bank's informational sessions on benefits

- Ability to conduct independent research into new benefits plans

- Preparing MIS reports and coordinating with payroll, as needed

- Ensuring Bank is compliant with states and national laws

- Ensuring benefits plans are cost-effective and competitive

- Query management & settlement of different claims within timeline.

- Reconciliation of various insurance premium payments, GL reconciliation.