
Manager - Benefits
- Riyadh
- Permanent
- Full-time
- Conduct regular assessments of current benefits programs in comparison to market standards and best practices.
- Prepare benchmarking reports to evaluate competitiveness and identify areas for improvement.
- Provide recommendations to enhance benefits offerings in alignment with employee needs and company strategy.
- Lead the management and administration of the company's health, life, and disability insurance programs.
- Negotiate with insurance providers to secure optimal terms, coverage, and pricing.
- Act as the main point of contact for insurance brokers and third-party providers.
- Ensure timely renewal, claims management, and ongoing evaluation of insurance plans' performance and effectiveness.
- Oversee the implementation of new benefits programs and initiatives.
- Develop and maintain project timelines, ensuring timely delivery of milestones and objectives.
- Lead medical insurance management and enhancements.
- Drive digitalization efforts for benefits platforms and systems to enhance efficiency and employee experience.
- Ensure all benefits programs are compliant with local labor laws, regulatory requirements, and company policies.
- Maintain thorough documentation and reporting to support internal and external audits.
- Stay updated on regulatory changes affecting employee benefits and advise leadership on necessary adjustments.
- Manage relationships with external benefits providers, brokers, and consultants to ensure service quality and performance.
- Collaborate with internal stakeholders, including HR, Finance, and Legal, to ensure alignment of benefits with organizational objectives
- Bachelor's degree in Human Resources, Business Administration, or a related field.
- 5+ years of experience in employee benefits management, with a focus on insurance and health benefits.
- Strong knowledge of benefits regulations and compliance requirements.
- Experience in negotiating and managing insurance programs.
- Excellent communication, project management, and analytical skills.