Role Purpose:
Provides comprehensive and strategic benefit analytics and administration support to the Rewards team to deliver key business results. Works on issues of diverse scope where analysis of situation or data requires evaluation and research of a variety of factors, including an understanding of current benefit and business trends. Primarily supports benefit programs for US, Canada, and Latin America with broader global support provided as needed.
**Responsibilities**:
- Analyzes benefit plan utilization, trends and costs.
- Assesses opportunities for efficiencies and process improvements.
- Assists in the development of benefit program recommendations and strategies for improved employee engagement.
- Consults with team in development of metrics / dashboards.
- Completes benchmark surveys and assesses results.
- Prepares comprehensive reports for management and benefit committee meetings.
- Audits plan vendor records against payroll and other internal HR databases.
- Analyzes compliance testing results and reconciles data discrepancies.
- Assists with plan compliance activities including timely filings and collecting data for annual plan audits and valuations.
- Ensures overall benefit plan data integrity by supervising vendor interfaces, recommending improvements and storing key documents.
- Responsible for vendor management of all benefit plans to ensure timely and accurate payment of invoices.
- Supervises total benefit costs against budget.
- Coordinates monthly benefit account reconciliations, resolves discrepancies and prepares quarterly plan reports.
- Assists in Mergers and Acquisitions by bringing together data, preparing due diligence plan comparisons and high-level summary analysis.
- Supports benefit team on day-to-day administration, resolving employee concerns, special projects and initiatives.
- Oversees administrative tasks, ensuring accurate and timely execution of the company's global Recognition and Wellbeing programs.
- Coordinates meetings for benefit programs and is responsible for mailings.
- Updates job knowledge by participating in learning opportunities, including reading professional publications, maintaining personal networks, and participating in professional organizations.
LSEG provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. LSEG is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.
Compensation/Benefits Information (New York applicants only):
LSEG is committed to offering competitive Compensation and Benefits. The anticipated base salary for this position is $96,900 - $180,100.
Please be aware base salary ranges may vary by geographic location, city and state. In addition to our offered base salary, this role is eligible for our Annual Incentive Plan (AIP/"bonus plan"). Target AIP rates will be commensurate with role level and posted career stage. Individual salary will be reflective of job related knowledge, skills and equivalent experience. LSEG roles (excluding internships and part-time roles of less than 20 hours per week) are typically eligible for inclusion in our LSEG Benefits program, which includes offerings of: Annual Wellness Allowance, Paid time-off, Medical, Dental, Vision, Flex Spending & Health Savings Options, Prescription Drug plan, 401(K) Savings Plan and Company match. LSEG's Benefits plan also includes basic life insurance, disability benefits, emergency backup dependent care, adoption assistance commuter assistance etc.
LSEG is a leading global financial markets infrastructure and data provider. Our purpose is driving financial stability, empowering economies and enabling customers to create sustainable growth.
Our purpose is the foundation on which our culture is built. Our values of Integrity, Partnership, Excellence and Change underpin our purpose and set the standard for everything we do, every day. They go to the heart of who we are and guide our decision making and everyday actions.
Working with us means that you will be part of a dynamic organisation of 25,000 people across 65 countries. However, we will value your individuality and enable you to bring your true self to work so you can help enrich our diverse workforce. You will be part of a collaborative and creative culture where we encourage new ideas and are committed to sustainability across our global business. You will experience the critical role we have in helping to re-engineer the financial ecosystem to support and drive sustainable economic growth. Together, we are aiming to achieve this growth by accelerating the