Manager Benefits📣 Job Ad

About the Role

Qiddiya Investment Company is seeking an experienced Manager - Employee Benefits to oversee and enhance its employee benefits strategy and programs. This full-time position is based in Riyadh, Riyadh Province, and requires a professional with 5-10 years of experience in benefits management.

Role Overview and Responsibilities

The Manager - Employee Benefits will play a key role in shaping the company's benefits offerings to align with employee needs and the overall company strategy. This includes conducting regular assessments of current programs against market standards and best practices, preparing benchmarking reports, and providing recommendations for enhancements. A significant part of the role involves leading the management and administration of health, life, and disability insurance programs, including negotiating with insurance providers, acting as the primary contact for brokers and third-party providers, and ensuring timely renewals and effective claims management. The role also encompasses overseeing the implementation of new benefits initiatives, driving digitalization efforts for benefits platforms, and ensuring compliance with all local labor laws and regulatory requirements.

• Conduct regular assessments of current benefits programs against market standards and best practices.
• Prepare benchmarking reports to evaluate competitiveness and identify areas for improvement.
• Provide recommendations to enhance benefits offerings in alignment with employee needs and company strategy.
• Lead the management and administration of the company’s health, life, and disability insurance programs.
• Negotiate with insurance providers to secure optimal terms, coverage, and pricing.
• Act as the main point of contact for insurance brokers and third-party providers.
• Ensure timely renewal, claims management, and ongoing evaluation of insurance plans' performance and effectiveness.
• Oversee the implementation of new benefits programs and initiatives.
• Develop and maintain project timelines, ensuring timely delivery of milestones and objectives.
• Lead medical insurance management and enhancements.
• Drive digitalization efforts for benefits platforms and systems to enhance efficiency and employee experience.
• Ensure all benefits programs are compliant with local labor laws, regulatory requirements, and company policies.
• Maintain thorough documentation and reporting to support internal and external audits.
• Stay updated on regulatory changes affecting employee benefits and advise leadership on necessary adjustments.
• Manage relationships with external benefits providers, brokers, and consultants to ensure service quality and performance.
• Collaborate with internal stakeholders, including HR, Finance, and Legal, to ensure alignment of benefits with organizational objectives.

Qualifications and Experience

Candidates for this role should possess a Bachelor’s degree in Human Resources, Business Administration, or a related field. A minimum of 5 years of experience in employee benefits management, with a specific focus on insurance and health benefits, is required. The ideal candidate will have strong knowledge of benefits regulations and compliance requirements, along with proven experience in negotiating and managing insurance programs.

Required Skills

Successful candidates will demonstrate excellent communication, project management, and analytical skills. The ability to effectively manage complex benefits programs and negotiate with external providers is essential for this position.

Work Environment

This is a full-time position located in Riyadh, Riyadh Province. The role involves collaboration with various internal departments and external partners.