Compensation & Benefits Manager
As one of the world's top International Medical Insurance companies, IMG helps individuals and companies of all sizes. Every second of every day, vacationers, those working or living abroad for short or extended periods, people traveling frequently between countries, and those who maintain multiple countries of residence use our products to give themselves global peace of mind®
We are looking to grow our teams with people who share our energy and enthusiasm for creating the best experience for travelers.
JOB DETAILS
- Location: Indianapolis, IN
- Hybrid and Remote schedules available
- Relocation Expenses Reimbursed: No
- Qualified candidates must be legally authorized to be employed in the United States. IMG will not be providing sponsorship for employment visa status (e.g., H-1B or TN status) for this position.
JOB SUMMARY
The Compensation & Benefits Manager will oversee the company's global compensation and benefits programs. They will design, implement, and manage competitive compensation and benefits packages that align with our company’s strategic goals and comply with current laws and regulations.
PERKS
- Comprehensive benefits package including Medical/RX/Dental/Vision insurance
- 401k Plan with company match
- Free employee parking
- On site fitness center
- Casual dress environment
- Tuition reimbursement plan
DUTIES AND RESPONSIBILITIES
- Improve communication and understanding of the Total Rewards package IMG provides to its employees to enhance employee engagement and retention.
- Act with a global mindset and understand the challenges, opportunities and interdependencies that highlight an integrated Global Total Reward approach.
- Establish and manage a global compliance calendar to ensure that all annual compliance obligations are satisfied (i.e.: internal/external audits, government filings and reports, etc.
BENEFITS:
- Manage the administration of all benefits and retirement programs, including medical, dental, vision, life insurance, short- and long-term disability, pension, and 401(k) plan.
- Design, implement, and communicate benefit programs within the framework of IMG’s total reward strategy.
- Develop and implement a global wellness strategy with the goal of increasing employee engagement, reducing health risks and reducing overall benefit expenses.
- Manage the US Benefits Open Enrollment Processes & related Communications/Implementation.
- Provide an annual review of benefits programs globally (including retirement plans) and make appropriate recommendations to remain cost effective, competitive and equitable.
- Respond to benefits inquiries from managers and employees on plan provisions, benefits enrollments, status changes and other general inquiries.
- Ensure the accuracy of all benefits enrollments in the HRIS to provide vendors with accurate eligibility information. Perform quality checks of benefits-related data.
- Assist with new-hire orientations and distribute all benefit enrollment materials to determine eligibility.
- Process and administer all leave-of-absence requests and disability paperwork: medical, personal, disability and FMLA.
- Effectively interpret FMLA and ADA implications as they relate to leaves of absences/disabilities.
- Provide necessary reports for allocation/billing charges.
- Design locally competitive compensation structures in compliance with all local laws and regulations.
- Serve as the subject matter expert for establishing individual compensation rates and recommending market adjustments.
- Maintain ownership of all external salary survey data, benchmarking and market insights to ensure offerings remain competitive to local markets as well as similar across all global locations.
- Provide support to the Global HR team on related compensation and benefits issues and educate business leaders on compensation & benefit philosophies.
- Remain up to date with the latest compensation and benefits trends and legislation to ensure the company's competitive positioning.
QUALIFICATIONS AND REQUIREMENTS
- Bachelor’s degree in business, HR or related field and 3 years progressive Benefits and Compensation experience, or 5+ years progressive Benefits and Compensation experience required.
- Proficiency in MS Office and experience managing benefits and compensation in a Human Resources Information System (HRIS).
- Strong analytical skills and impeccable attention to detail with the ability to provide simple solutions to complex challenges.
- Excellent communication and stakeholder management skills with the ability to influence internal and external stakeholders.
- Ability to work autonomously and lead initiatives as necessary demonstrating effective project management skills.
PREFERRED SKILLS
- Experience managing UK compensation and benefits.
- Understanding of expatriate compensation/benefits.
- Familiarity with labor legislation.
- SHRM-CP or PHR certification, preferred.
- Knowledge of building compensation packages and bonus programs for various departments and seniority levels.
IMG is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, national origin, religion, gender, gender identity or expression, sexual orientation, genetic information, disability, age, veteran status, and other protected statuses as required by applicable law.