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Ireland Benefits & Wellbeing Manager

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Bank of America

11d ago

  • Job
    Full-time
    Senior & Expert Level
  • People, HR & Administration
    Banking & Finance
  • Dublin

AI generated summary

  • You need expertise in insurance contracts, health benefits ROI, governance models, project management, and flexible benefits design, plus experience in global organizations and effective communication.
  • You will manage benefits programs, oversee vendors, ensure compliance, design wellbeing initiatives, and lead flexible benefits delivery while collaborating with team members on health services.

Requirements

  • 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 of 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.

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

FAQs

What is the job title for this position?

The job title is Ireland Benefits & Wellbeing Manager.

What is the corporate title associated with this role?

The corporate title is Vice President.

Where is the location of the job?

The job is located in Dublin.

What is the main purpose of the Ireland Benefits & Wellbeing Manager role?

The main purpose of the role is to deliver and manage the flexible benefits programme and to help shape and deliver the Bank’s Wellbeing strategy.

What are the key responsibilities of the Ireland Benefits & Wellbeing Manager?

Key responsibilities include managing the Ireland Benefits program, overseeing vendor management, designing and implementing benefits programs, and supporting onsite medical services.

What qualifications are expected for this position?

The role requires a depth of technical understanding of insurance contracts, solid experience in health insurance, governance models, project management skills, and experience with flexible benefits providers.

What kind of experience is preferred for applicants?

Applicants should have experience working in a large multinational organization, particularly in benefits management within a matrix structure.

Are there any specific skills needed for the role?

Yes, strong project management skills, effective communication abilities, and solid experience in benchmarking benefits programs are essential.

What benefits does Bank of America offer to employees in Ireland?

Benefits include private healthcare, a competitive pension plan, back-up childcare and adult care, flexible benefits, access to an Employee Assistance Program, and opportunities for community volunteering.

Is the hiring process inclusive?

Yes, Bank of America is an equal opportunities employer, ensuring candidates are not treated less favourably based on various personal characteristics, and strives for accessible recruitment processes.

Is there flexibility in work arrangements?

Yes, the Bank supports a multi-faceted approach for flexibility depending on the roles within the organization.

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Bank of America

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Mission & Purpose

Bank of America is one of the world's largest financial institutions, serving individuals, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company serves approximately 56 million U.S. consumer and small business relationships. It is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading. This LinkedIn company page is moderated. For more information, please visit: https://bit.ly/32FDdQr. For account issues, please visit: https://bit.ly/2GeTIeP.

Culture & Values

  • Deliver together

    We believe in the importance of treating each client and teammate as an individual and treating every moment as one that matters. We strive to go the distance to deliver, with discipline and passion. We believe in connecting person-to-person, with empathy and understanding. We believe everything we do for our clients, teammates and the communities we serve is built on a solid business foundation that delivers for shareholders.

  • Act responsibly

    We believe that integrity and the disciplined management of risk form the foundation of our business. We are aware that our decisions and actions affect people’s lives every day. We believe in making decisions that are clear, fair and grounded in the principles of shared success, responsible citizenship and community building.

  • Realize the power of our people

    We strive to help all of our employees reach their full potential. We believe that diverse backgrounds and experiences make us stronger. We respect every individual and value our differences - in thought, style, sexual orientation, gender, gender identity and expression, race, ethnicity, culture, age, ability and experience.

  • Trust the team

    We believe great teams are built on mutual trust, shared ownership and accountability. We act as one company and believe that when we work together, we best meet the full needs of our clients, and deliver value to our shareholders.