Ireland Benefits
3 weeks ago
Job Description:
Job Title: Ireland Benefits & Wellbeing Manager
Corporate Title: Vice President
Location: Dublin
Company Overview:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us
Location Overview:
Overlooking the spectacular Iveagh Gardens with access to all amenities in the beating heart of central Dublin is our Park Place office. Travel options include the LUAS, Dublin Bus networks as well as the Dublin Bikes station, positioned just outside our front doors. As part of our commitment to supporting staff travel to and from work in the most sustainable way possible, we also provide tax saver tickets as part of our award-winning benefits package which means getting to work has never been easier.
Role Description:
As part of the Bank’s commitment to be a Great Place to Work, we are looking for an experienced Benefits Specialist for Ireland to deliver and manage our flexible benefits programme. This is an exciting opportunity to take responsibility for a wide range of benefit plans and policies to support the Bank’s people strategy. We are also looking for expertise to help shape and deliver on the Bank’s Wellbeing strategy and a number of key projects. You will be accountable for the successful design, delivery, financial management, communication and/or administration of one or more of the health & welfare, work/life and retirement programs for the Bank. Independently evaluates existing product or program cost, effectiveness and usage, and designs recommended improvements.
Responsibilities:
- A senior benefits consultant with a proven experience in design, governance and service delivery of benefits in the UK and Ireland
- Take on the role of senior benefits consultant, working within a broader team that manage pensions and benefits for EMEA
- Report to the SVP Senior Benefits Consultant for Benefits and Wellbeing and take responsibility for the design and implementation benefits programs that support the Bank’s broader HR and Benefits strategy
- Management of the Ireland Benefits program including oversight of the Bank’s Flexible Benefits program – MyBenefitsChoices.
- Oversight of 20+ vendors delivering programs across life, accident, disability, as well as voluntary benefits which include travel and gadget insurance
- Effective Vendor management will be a core responsibility, incorporating the effective review, re-negotiation of contracts and renewal terms
- Partner with third party vendor management and information security to ensure vendors meet the bank’s vendor terms and conditions
- Wellbeing is core to the Banks strategy, and the successful candidate will work with team members to support the running of onsite and near-site medical services including GPs, Drs, Psychiatric services
What we are looking for:
- Depth of technical understanding of insurance contracts and risk principles; you will have previously been responsible for assessing risk and negotiating risk contracts with insurers for large employers.
- Solid experience in health insurance contracts and health services with focus on measuring the ROI.
- Exceptional attention to detail along with experience of governance models for effective benefits management.
- Experience of working in a large multi-national organisation within a matrix structure and multiple stakeholders.
- Experience in producing effective communications to engage and educate employees and senior stakeholders.
- Strong project management skills, with the ability to manage timely delivery of stakeholders and partners.
- Solid experience of working with flexible benefits providers, understand scheme design and configuration of flexible benefits plans and programs.
- Experienced in benchmarking benefits programs to ensure competitiveness and developing plan changes to meet benchmark requirements.
Benefits of working at Bank of America:
- Private healthcare for you and your family plus an annual health screen to help you manage your physical wellness with the option to purchase a screen for your partner
- Competitive pension plan, life assurance and group income protection cover if you become unable to work as a result of a disability or health reasons
- 20 days of back-up childcare and 20 days of back-up adult care per annum
- The ability to change your core benefits as well as the option of selecting a variety of flexible benefits to suit your personal circumstances including access to a wellbeing account, travel insurance, critical illness etc.
- Access to an Employee Assistance Program for confidential support and help for everyday matters
- Access to free counselling through the Employee Assistance Program and virtual GP services through our private health care plan
- Ability to donate to charities of your choice and the bank will match your contribution
- Opportunity to access our Arts & Culture corporate membership program and receive discounted entry to some of Ireland’s most iconic cultural institutions and exhibitions.
- Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering in your local community.
Bank of America:
Good conduct and sound judgment is crucial to our long term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well.
We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience.
We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.
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