Description
Pension & Benefits Specialist
Principal Accountabilities:
This position is accountable for the following end results:
1) Ensuring that the required tasks connected with EMEA benefit plans are completed in a timely and accurate manner by providing technical oversight of administrative activities, in partnership with local HR Business Partners and Centres of Excellence.
2) Verifying the accuracy of management information provided to various bodies, whether for legal compliance or governance purposes by review and oversight of completed data from internal and external sources
3) Achieving effective governance of EMEA benefit plans by maintaining and comprehensive and accurate inventory of benefit provision in each country and ensuring changes and renewals follow the agree process of authorisation
4) Periodically assess market competitiveness of benefits offerings in countries of operation. Working with EMEA Total Rewards manager, propose changes as needed.
5) Developing and maintaining accurate, effective and up-to-date employee communications, using sources such as the company Intranet and linking to external provider content when appropriate
6) Ensuring on-going support processes to pension schemes, such as elections and required company signatures operate in an efficient and effective manner by way of oversight of the activities carried out in these areas
Minimum Requirements and Qualifications:
Previous experience of supervision of administration of company pension schemes provided by third party administrators, including Defined Benefit plans (essential) and Defined Contribution schemes (desirable).
Previous involvement with and detailed understanding of the following:
- Trustee liaison and provision of statistics and information to aid their governance and decision-making
- Work involved in the annual cycle of pension plans and legal compliance such as the completion of returns and reporting
- Working with external vendors/administrators to ensure efficient services to plan members including communications, enrolment and leaver processes
Established in 1978, NES Global Talent provides a complete range of contract and permanent talent solutions to the Oil and Gas, Power, Construction and Infrastructure, Life Sciences, Manufacturing and IT sectors worldwide. With more than 40 offices in 28 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. Offering far more than a traditional recruitment service, we fully support our contractors while they are on assignment with everything from securing visas and work permits, to providing market leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.