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Director of Global Benefits Strategy

2 months ago

London, Greater London, United Kingdom PGIM Full time

About the Role

The Director of Global Benefits Strategy will be responsible for designing and delivering our international benefits and wellbeing strategy, overseeing its implementation and operation, and advocating for the importance of benefits and wellbeing as a business necessity.

Key Responsibilities

  • Develop, maintain, and scale our international benefits and wellbeing strategy to meet the varied needs of our employees in accordance with local regulations, company structure, and culture.
  • Proactively review programmes against market competitiveness and evolution of the business to ensure we continuously meet our talent objectives while maintaining cost and administration efficiency.
  • Develop communication tools to enhance understanding of the benefit and wellbeing programmes.
  • Advocate for the importance of benefits and wellbeing as a business necessity, engaging with senior management to ensure such programmes are embedded as part of our culture.
  • Work with HR operations to organise and maintain standard operating procedures on administration of the programmes, ensuring efficient and accountable administration, and that resources are used in an effective manner.
  • Project lead the implementation of new benefits from inception to ongoing operation, engaging with local HR, legal, and vendor management.
  • Negotiate contracts, set and measure service levels of our vendors, and conduct regular audits and assessments of vendors to ensure compliance with contractual obligations.
  • Own the agenda for the Benefits Committee, presenting to the Committee with knowledge of all local markets, current employee and leadership sentiment, and innovations in the market.
  • Maintain up-to-date knowledge of relevant international benefits laws, regulations, and innovations in the market.

Requirements

  • 8+ years of experience in benefits with a focus on building and managing business-aligned benefit programmes, preferably gained while working for a global, matrixed organisation.
  • Experience in delivering benefits programmes across multiple continents and running annual renewal processes in multiple countries simultaneously.
  • Proven, influential leadership and relationship-building skills, comfortable in providing a high-touch service to our employees while also allowing HR operations to operate plans at a local level.
  • Best-in-class communication and presentation skills, with a passion for benefits and wellbeing.
  • Proven ability to work with other business areas, such as Finance, Tax, Legal, Communications, and communicate in a way that is understandable and accessible to others across multiple geographies.
  • Ability to work in an environment where roles and responsibilities evolve as the business develops, and navigate potential ambiguity of role coupled with complexity of the business.
  • Ability to travel, as required, to PGIM's international offices to deliver in-person communications and drive engagement at a local level.

What We Offer

  • Private Medical Insurance: PGIM offers private medical insurance and pays the full premium on behalf of all employees.
  • Annual Leave: 25 to 28 days, based on years of service, at full pay.
  • Retirement Savings Plan: Employees receive a company contribution of 10% basic annual salary and a maximum employer-matching contribution of 5% of basic annual salary.
  • Life Assurance & Income Protection: Life Assurance for 12 times your basic annual salary, up to a max benefit of £1.8million. 60% of your basic annual salary for a limited payment term of 5 years, at the end of which a capital sum of 2x your basic annual salary is payable.
  • If you require it, we can consider flexible/part-time working arrangements for this role.
  • To find out more about our Total Reward package, visit here.