Benefits Specialist - EMEA

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London

Posted May 15, 2023 - Requisition No. 116262

The energy of a newsroom, the pace of a trading floor, the buzz of a recent tech breakthrough; we work hard, and we work fast - while keeping up the quality and accuracy we're known for. It's what keeps us inventing and reinventing, all the time. Our culture is wide open, just like our spaces. We bring out the best in each other through collaboration. Through our countless volunteer projects, we also help network with the communities around us, too. You can do amazing work here. Work you couldn't do anywhere else. It's up to you to make it happen.

What’s the role?

People are Bloomberg's most critical asset and nowhere is this better reflected than when it comes to our benefits. At Bloomberg, we strive to provide our employees with fundamental tools to support their personal and family needs, so they can drive business success. To do this we are always looking at new and innovative ways to deliver benefits to our employees.

We have an exciting opportunity to be part of the EMEA Benefits team, which supports over 6,000 employees in over 44 countries across the region. Based in London, you will drive the benefits agenda and support benefit programs in the EMEA region including Retirement, Health & Welfare programs/projects and Wellness initiatives. You will be responsible for managing benefits vendors along with handling case escalations, internal plan communications and working with our Procurement partners on contract reviews/renewals and invoice reconciliations. In addition, you will drive analysis for benefit plan design reviews and work with our internal HR stakeholders, Benefits Operations and Payroll teams on policy queries. 

Building relationships is key to collaboration here at Bloomberg, and as part of the broader Global Benefits team, you will have the opportunity work closely with colleagues across the Americas and APAC on global projects and initiatives that could impact over 20,000 employees in over 73 countries. Your excellent communication skills will set you up for success in this fast-paced environment!

We'll trust you to:

  • Drive plan design improvements and changes by conducting financial and employee impact reviews, as well as external market benchmarking
  • Ensure we are meeting our statutory obligations and that our benefit programs are compliant with local laws and regulations

  • Regularly review our programs to ensure operational and administrative processes are effective; identify and implement process improvements
  • Monitor, analyze and research utilization reports and trends for our plans, and proactively suggest improvements based on feedback, claims trends and market practice
  • Act as point of contact for complex employee benefits questions, exercising sound judgement to provide solutions
  • Manage implementation of new plans, programs, policies and plan designs
  • Cultivate and manage relationships with external consultants, vendors and providers and ensure service standards are adhered to
  • Build and maintain a good working knowledge of benefits legislation, industry standards and methodologies, incorporating standards into processes and procedures
  • Manage the communication of existing and new programs as well as all benefits compliance related updates, in partnership with our Internal Communications team
  • Maintain accurate benefits information on our internal HR portal
  •                                     
    What we’re looking for:
  • At least 5-7 years of Benefits administration and advisory experience, including time in a corporate benefits setting, ideally for a minimum of 2-3 years*
  • *Please note we use years of experience as a guide, but we certainly will consider applications from all candidates who are able to demonstrate the skills necessary for the role.
  • Familiarity with Benefits programs and local regulations across EMEA, e.g., UK, France, Germany, Ireland, Israel, Italy, Netherlands, Switzerland and the UAE
  • Bachelor's Degree or equivalent experience
  • Experience in innovative benefits plan design and implementation, including excellent project management skills
  • Demonstrated ability to adapt to new challenges and adjust the course, in light of changes to statutory regulations and requirements
  • Ability to communicate effectively, with a keen eye for detail and aptitude to follow through including making and communicating difficult decisions
  • Ability to work independently, prioritize and manage multiple tasks with a sense of urgency with minimal supervision
  • Excellent analytical skills, and attention to detail with the ability to review data, detect and correct errors, and take responsibility for data quality
  • A customer service focus with a responsive and "can-do" open-minded attitude
  • Good judgement – knowing when to escalate an issue combined with a willingness to be flexible

We'd love to see:

  • Strong Excel and PowerPoint skills
  • Knowledge of analysis and reporting
  • Experience working collaboratively

If This Sounds Like You:

Apply if you think we're a good match. We'll get in touch to let you know what the next steps are, and in the meantime feel free to have a look at this:
https://www.bloomberg.com/company/

Bloomberg is committed to diversity. It drives our innovation. At Bloomberg, you'll have the opportunity to go above and beyond and to take risks. You'll be a part of an organisation that is entering new markets, launching new ventures, and pushing boundaries. Our ever-expanding array of technology, data, news, and media services champions innovation and empowers clients -- and offers nearly limitless opportunities for career growth.
 
Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, colour, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.
 
Bloomberg is a disability inclusive employer. Please let us know if you require any reasonable adjustments to be made for the recruitment process. If you would prefer to discuss this confidentially, please email emea_recruit@bloomberg.net.

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