Senior Benefits Analyst

5 days ago


Taguig, Philippines TP ICAP Group Full time
## Senior Benefits AnalystThe TP ICAP Group is a world leading provider of market infrastructure.Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.Through our people and technology, we connect clients to superior liquidity and data solutions.The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.**Role Overview**We are seeking a proactive and detail-oriented Senior Benefits Analyst with at least 2 years of experience in benefits administration. This role plays a key part in executing and supporting employee benefits and wellbeing programs, including eligibility management, vendor coordination, issue resolution, onsite events, and data tracking.**Role Responsibilities**Benefits Administration & Support* Administer employee and dependent eligibility and enrollment across all benefit plans, including Group Insurance (medical, dental, life, and disability).* Coordinate with HR, payroll, and external vendors to ensure accurate processing of benefit changes.* Maintain up-to-date employee records with vendors and ensure benefits compliance with internal policies and local regulations.* Review pre-renewal report (half yearly loss ratio) and renewal report for the relevant country.* Liaise with the appointed insurance broker for Group Insurances to ensure that both the pre-renewal and renewal reports are **accurate, comprehensive, and meet TP ICAP requirements**.* Provide **equity support** by:* **Verifying leavers** to ensure accurate equity processing to relevant stakeholders* **Calculating equity deferral amounts** in accordance with Group equity plan rules* **Reporting accurate equity-related data** to relevant stakeholders for reconciliation and complianceEscalation & Issue Resolution* Act as the **first level of escalation** for benefits-related queries from employees and HR colleagues.* Liaise with vendors and insurers to resolve issues such as claims, enrollment errors, and policy clarifications.Vendor Management & Invoice Review* Review benefits invoices for accuracy and coordinate with relevant internal stakeholders and providers as needed.* Ensure timely submission and final checks of insurance invoices before payment approval.Communications & Intranet Management* Maintain the content of the **benefits intranet site**, ensuring all information is current, clear, and employee friendly.* Support the drafting and delivery of employee communications regarding benefits updates, enrollment, and wellbeing initiatives.Recognition, Wellbeing & Event Management* Administer the **Long Service Awards** program, including eligibility tracking, award fulfillment, and employee communication.* **Organize and coordinate remotely or on-site benefits and wellbeing events** (e.g. health screenings, mental health workshops, open enrollment fairs) in partnership with employee networks, vendors and other internal stakeholders.* Promote and encourage employee participation to support a culture of health, appreciation, and engagement.Data Management, Surveys & Reporting* **Update and maintain the benefits database** with employee participation rates, event attendance, and other types of feedback.* Provide feedback and participation trends to support strategic improvements.* Coordinate and support the submission of **external benefits surveys** and market benchmarking reports.* Provide data insights to inform ongoing benefits and wellbeing strategies.**Experience / Competences**Essential* 2+ years of experience in benefits administration, HR operations, or related roles.* Basic understanding of group insurance plans and employee benefits regulations.* Strong organizational skills and attention to detail.* Experience coordinating events or campaigns, preferably within a corporate or HR setting.* Ability to manage timelines, escalate for approvals, and communicate clearly* Proficient in Excel, HRIS systems, and benefits platforms.* Excellent written and verbal communication skills.* Able to manage sensitive information professionally whilst maintaining confidentiality.Desired* Experience in a regional or multinational organization.* Familiarity with vendor management and invoice reconciliation.* Exposure to wellbeing or employee recognition initiatives.* Experience in gathering and analysing feedback or participation data.**Job Band & Level*** Professional / Level 5#LI-Hybrid #LI-MID**Company Statement**We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.**Location**Philippines - A.T. Yuchengco Centre - Taguig City**Connecting clients, communities and colleagues for sustainable growth**TP ICAP connects people, platforms, ideas, and insight across the world’s financial, energy and commodities markets. As a global leader in market infrastructure and data-led solutions, we enhance market access, increase efficiencies, and unlock possibilities.**Work with us**Joining TP ICAP puts you at the heart of markets that matter.You’ll have the freedom to innovate and act on your initiative. We’ll train you and build your abilities in your specialist area, so that you can become an expert in your field. And all within a connected network that’s there to set you up for success.TP ICAP Group is a collection of premium brands each with a distinct, client-focused offering. Underpinning and connecting these client-facing brands is the financial security, operational strength and know-how we have as a Group.Connections are at the heart of what we do. We combine our people’s know-how with the latest technology to improve price discovery, trade execution and liquidity flow.Connections create strength. Through them, we help our clients to manage risk, realise investment strategies and expand the scope for growth.And connections act as a catalyst. Sparking richer solutions for our clients to break new ground, modernising markets for future performance, and creating dynamic careers for our people. Our capacity to connect builds trust, supports communities and gives us the power to anticipate and respond to change, whatever direction the world takes. It’s what makes TP ICAP a mainstay in the global markets, now and in the future.TP ICAP. We connect.
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