Posted 7 months ago

Senior Compensation & Benefits Specialist

WarsawHybridFull-time

AI Summary

The Senior Compensation & Benefits Specialist leads global employee benefits operations, ensuring programs are competitive, cost-effective, and compliant while supporting total rewards strategy and process improvements.

About this role

We are a leading trading platform that is ambitiously expanding to the four corners of the globe. Our top-rated products have won prestigious industry awards for their cutting-edge technology and seamless client experience. We deliver only the best, so we are always in search of the best people to join our ever-growing talented team.

The Senior Compensation & Benefits Specialist will lead the operational management of our global employee benefits portfolio. This role is responsible for ensuring benefits are competitive, cost-effective, compliant, and aligned with our Total Rewards strategy. The specialist will oversee benefits administration, vendor management, budgeting, benefit launches in new locations, automating benefits-related processes and continuous process improvement.

Key Responsibilities: Budgeting, Cost Control & Benefits Portfolio Management

Own annual & quarterly benefits budgeting, cost planning, forecasting, and ongoing cost control.

Analyze utilization, trends, and vendor reports to identify optimization opportunities.

Support Finance with accurate accruals, reconciliations, and financial reporting.

Vendor Management & Renewals:

Lead vendor relationships and service quality oversight across all benefit programs.

Manage renewal cycles: negotiations, pricing reviews, and contractual updates, conduct RFPs, evaluate new vendors, and manage transitions when changing providers.

Ensure vendors meet SLAs, compliance obligations, and expected service standards.

Benefits Implementation in New Locations:

Lead benefit setup in new countries: research, design, benchmarking, legal compliance, and roll-out.

Select and negotiate with new benefit providers in emerging markets.

Partner with Legal, Finance, and HR to ensure a smooth implementation and communication plan.

Market Benchmarking, Analytics & Strategy:

Conduct ongoing benchmarking to ensure benefits competitiveness in all operating regions.

Analyze market data, employee feedback, and usage patterns to recommend design changes.

Support the evolution of the benefits strategy with data-driven recommendations.

Benefits Administration:

Serve as escalation point for complex employee benefit issues, exceptions, and claim challenges.

Oversee compliance with statutory benefits requirements (e.g., pensions, local reporting).

Process Design & Governance:

Create, document, and maintain end-to-end benefits processes across all regions.

Introduce standardization, controls, and efficiencies in benefits operations.

Automates benefits-related processes.

Requirements:

5+ years in benefits or Total Rewards roles in multinational organizations.

Expertise in benefits administration, compliance, and statutory reporting.

Experience setting up benefits in new markets and managing transitions between vendors. Background in benefits benchmarking, analytics, and strategic recommendation.

Ability to manage complex, cross-regional benefits topics with attention to detail.

Strong project management skills.

Comfortable working in a fast-changing, international environment.

Skills

Benefits AdministrationBenefits BenchmarkingBenefits ComplianceBenefits ImplementationBudgetingCost ControlProject ManagementStatutory ReportingTotal RewardsVendor Management