Overview: Fresenius Medical Care is a global leader in healthcare with a dedicated focus on providing high-quality services to patients worldwide. We are seeking a highly skilled and motivated Global Compensation and Benefits Analyst to oversee compensation and benefits activities for a cluster of EMEA countries. This position plays a crucial role in ensuring the effectiveness and efficiency of our compensation and benefits programs, while also supporting HR shared services and GBS teams.
Key Responsibilities - Compensation and Benefits Administration:
- Manage day-to-day administration of compensation and benefits programs for the EMEA region.
- Ensure all insurance plans and benefits programs are effectively communicated and administered.
- Collaborate with insurance vendors to resolve issues and improve service delivery.
- Oversee the payment process to ensure all vendors are paid accurately and timely.
- Vendor Management:
- Develop and maintain strong relationships with insurance vendors and other benefits providers.
- Address and resolve any issues with vendors to ensure high-quality service.
- Monitor vendor performance and compliance with contractual agreements.
- Employee and Business Interaction:
- Engage with business leaders and employees to understand and address their compensation and benefits needs.
- Assist with communication and education regarding benefits programs and policies.
- Provide guidance and support to HR shared services and GBS teams on complex compensation and benefits issues.
- Program Evaluation and Improvement:
- Continuously evaluate the effectiveness of current compensation and benefits programs.
- Make recommendations for improvements or changes to ensure programs meet the needs of the business and employees.
- Conduct market research and benchmarking to stay abreast of industry trends and best practices.
- Issue Escalation and Resolution:
- Serve as the escalation point for complex compensation and benefits issues that cannot be resolved by Tier 1 and Tier 2 support.
- Collaborate with the Total Rewards Management team to address larger concerns and develop strategic solutions.
- Compliance and Reporting:
- Ensure all compensation and benefits programs comply with local regulations and company policies.
- Prepare and present reports on compensation and benefits activities, issues, and trends to senior management.
- Participate in audits and ensure accurate record-keeping
Qualifications:
- Bachelor’s degree in Human Resources, Business Administration, or a related field. Master’s degree or relevant certification (e.g., CCP, CEBS) is a plus.
- Minimum of 5 years of experience in compensation and benefits, with a focus on the EMEA region.
- Strong knowledge of EMEA compensation and benefits practices, regulations, and trends.
- Proven experience in vendor management and negotiation.
- Excellent analytical and problem-solving skills.
- Strong interpersonal and communication skills, with the ability to interact effectively with all levels of the organization.
- Ability to manage multiple tasks and priorities in a fast-paced environment.
- Proficiency in HRIS systems and Microsoft Office Suite.