Regional Benefits Manager

at  Terex Corporation

Dungannon, Northern Ireland, United Kingdom -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate14 Jun, 2024Not Specified15 Mar, 2024N/ATeams,Income Protection,Pension,Communication Skills,Defined Contribution,Customer Service Skills,Defined BenefitNoNo
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Description:

Job Description:
About Terex
Terex Corporation is a $5.2 billion publicly traded global manufacturer of lifting and material processing products and services. We are passionate about producing equipment that helps improve the lives of people around the world, and providing our team members with a rewarding career and the opportunity to make an impact. While our operations are global, each office or factory is a close-knit community. We value diversity, equity and inclusion, safety, integrity, respect, servant leadership, courage, citizenship, and continuous improvement. It’s an exciting time to be part of the expanding manufacturing sector – come join us!
About the Position:
Job Title: Regional Benefits Manager
Reports to: Director, Team Member Benefits
Job Type: Fulltime - Permanent
Location: Northern Ireland (Remote with occasional travel to different sites in the UK)
Position Overview
The Regional Benefits Manager role will support the Corporate Total Rewards Team to determine the scope of Regional Benefits, working to encompass all sectors of the business, ensuring all policies and strategies are aligned with those of Terex.
This role also works closely with the US based Total Rewards team and supports rest of world benefit programs, including global pension plans. It is anticipated initially would be 50% or so of time on global benefits, and 50% on pension plans.
We are looking for an astute, motivated professional who possesses previous experience of managing company-wide rewards programs with evidence of increased engagement.

Benefits

  • Excellent compensation package including competitive salary, healthcare, contributory pension scheme, life assurance cover and team member bonus
  • Hybrid working
  • Progression opportunities & Individual development plans
  • LinkedIn learning
  • Internal training programs
  • Refer a friend scheme
  • Social Events
  • Discount card – offering you a wide range of discounts at Restaurants, retailers, hotels, gyms and much more
  • 32 days holiday inclusive of bank holidays
  • Reward and Recognition schemes
  • On site free parking

Responsibilities

  • Support the Terex governance process for all pensions, in particular for the UK and Swiss defined benefit pensions, including but not limited to ensuring a compliant process, participating in trustee and consultant meetings, and ensuring that Terex’s corporate interests are represented while monitoring participant benefits for effective delivery and alignment with our Total Rewards strategy.
  • Lead the UK savings scheme governance process including periodic (at least annual or semi-annual) meetings to review provider and investment performance, monitor and ensure compliance with applicable laws and requirements, as well as alignment to Terex goals and Rewards Strategy
  • Management and oversight of all service providers in relation to Pension, Healthcare, recognition programs and all other benefit plans.
  • Lead in the administration of all benefit plans, working with providers to interpret market drivers/changes which will impact existing benefits.
  • Lead and manage the pension auto enrolment to ensure maximum employee engagement.
  • Partner with global HR managers on annual renewals.
  • Conduct market research and analysis to benchmark benefits programs against industry standards and competitor practices.
  • Work with UK Payroll leads and Global Business Services providing accurate and timely data for the administration of taxable benefits.
  • Support the Benefits team on programs outside the UK as required, including US and rest of world.
  • Ensure compliance with all applicable international, national, and local laws and regulations related to employee benefits.
  • Undertake specialist projects arising within the organization.

Required Education & Experience

  • Business related Degree or proven track record in the profession
  • Knowledge of Pensions including Defined Benefit, Defined Contribution and Salary Sacrifice
  • Experience of administering and providing advice on a range of employee benefits: Pension, Auto-enrolment, Group Income Protection, Life Assurance, Salary Sacrifice schemes, leave of absence.
  • Experience in implementing new programs and polices across multiple businesses.
  • Applicants should demonstrate a clear understanding of the legislation associated with the administration of benefits, to include employment taxes.
  • Previous experience with project management

    Skills & Competencies

  • Clear and effective written and oral communication skills.

  • Strong excel skills
  • Ability to work with teams across many disciplines with strong negotiation skills
  • Flexible to new ideas and ways of accomplishing tasks.
  • Ability to use initiative, Self-motivated and action orientated
  • Strong problem solving and resolution abilities.
  • Highly organised.
  • Ability to meet strict deadlines
  • Excellent customer service skills and attitude.
  • Unquestionable ethics and integrity with high degree of transparency and trust.
  • Must be a team player able to demonstrate strong customer focus with the energy, drive and commitment to successfully work through all issues and objectives related to this role and that of the overall team.

Key Characteristics

  • Team player willing to work with a variety of managers across the businesses
  • Willingness to learn and take on various projects and responsibilities
  • Work closely with our UK HR managers while collaborating with the US based Benefits team

All applicants must demonstrate through their application form, how they meet the criteria for the position applied for. We reserve the right to enhance our selection criteria at the short-listing stage, if required.
To apply for this role and view all available positions within Terex, please visit our careers page:
http://jobs.terex.com
Terex is an equal opportunity employer and appointments are based on merit. We value diversity and welcome applications from all sections of our community.
If you are interested in an open position but feel you may not meet all the listed qualifications, we still encourage you to apply.
Terex Overview:
At Terex, we fully embrace the increasingly diverse world around us and strive to create an empowering and welcoming workplace culture. We are a $4.0 billion publicly traded global manufacturer of materials processing and aerial work platform products and services. We are passionate about producing equipment that helps improve the lives of people around the world and providing our team members with a rewarding career and the opportunity to make an impact.
While our operations are global, each office or factory is a close-knit community. We value diversity, equity and inclusion, safety, integrity, respect, servant leadership, courage, citizenship, and continuous improvement. It’s an exciting time to be part of the expanding manufacturing sector - come join us!
Additional Information:
We see inclusion as a key to our success and are committed to actively foster a culture where every team member feels valued, listened to, and appreciated. We are committed to being fair and impartial in our decisions, ensuring equity within our workplace. As an Equal Opportunity Employer, employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or other characteristics protected by law.
The Company offers competitive salaries, advancement opportunities, and a full range of benefits, including Westfield health care for you and your dependents, contributory pension scheme, life assurance cover, employee stock purchase plan and access to global learning and development programs offering accredited and specialist training

Responsibilities:

  • Support the Terex governance process for all pensions, in particular for the UK and Swiss defined benefit pensions, including but not limited to ensuring a compliant process, participating in trustee and consultant meetings, and ensuring that Terex’s corporate interests are represented while monitoring participant benefits for effective delivery and alignment with our Total Rewards strategy.
  • Lead the UK savings scheme governance process including periodic (at least annual or semi-annual) meetings to review provider and investment performance, monitor and ensure compliance with applicable laws and requirements, as well as alignment to Terex goals and Rewards Strategy
  • Management and oversight of all service providers in relation to Pension, Healthcare, recognition programs and all other benefit plans.
  • Lead in the administration of all benefit plans, working with providers to interpret market drivers/changes which will impact existing benefits.
  • Lead and manage the pension auto enrolment to ensure maximum employee engagement.
  • Partner with global HR managers on annual renewals.
  • Conduct market research and analysis to benchmark benefits programs against industry standards and competitor practices.
  • Work with UK Payroll leads and Global Business Services providing accurate and timely data for the administration of taxable benefits.
  • Support the Benefits team on programs outside the UK as required, including US and rest of world.
  • Ensure compliance with all applicable international, national, and local laws and regulations related to employee benefits.
  • Undertake specialist projects arising within the organization


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Human Resources/HR

HR / Administration / IR

Generalist

Graduate

The profession

Proficient

1

Dungannon, United Kingdom