Solvay is a multi-specialty chemical company committed to developing chemistry that addresses key societal challenges. We innovate and partner with customers in diverse global end markets. The HR function is seen as a strategic partner that provides enhanced value to the businesses. HR creates value by shaping an engaging environment and promoting a culture of people development, empowerment and performance to transform the Group for sustainable success.
At Solvay we bond people, ideas and elements to reinvent progress. The bonds we create enable us to develop sustainable solutions for next generation transportation, resource efficiency, consumer goods, healthcare and Industrial production. The HR function is seen as a strategic partner that provides enhanced value to the business. HR creates value by shaping an engaging environment and promoting a culture of people development, empowerment and performance to transform the Group for sustainable success.Job Overview and Responsibilities:
As UK Benefits Administration Manager a key part of your role will be to lead the pensions advisory service for the UK. Utilizing your expertise in pensions, you will supervise the Solvay UK pension fund and provide accurate and timely pensions and benefits services to all stakeholders involved. Based in Oldbury you will play a key part in the Human Resources Service Line and work closely with the UK Payroll team for the country. Our HR Service Line is responsible for managing payroll and benefits operations, payroll design and the information technology landscape for Solvay globally.
Under the guidance of our HR Service Line Manager and with strong collaboration with the Corporate Benefits Coordinator you will manage Solvay UK Pension Funds including costings, budget, legal framework and interpretation of Trust Deed and Rules. You will also ensure operational management of the UK Pension Fund and coordinate the technical advisory committee, board of directors and general meeting. You will monitor and extract information for reporting purposes as well as supervising the pension administration for all populations.
In this role you will provide support to the UK Pension Fund Chairman as well as manage the administration of service level agreements. You will manage the relationship with subcontractors of the Solvay UK Pension Funds (Actuary, accountant, auditors) and manage the request for quotation process at contract renewal stage plus lead the auditing process (internal and external) related to Solvay UK Pension Funds and associated internal controls.
In this role you will also manage the administration of any kind of benefits such as private medical insurance, life assurance, income protection and company car policy. The role will involve communicating with internal and external customers and be a point contact for employees and the HR community. You will also lead on Compensation and Benefits project activity for the UK.
Education and Experience:
In order to be successful in this role you will hold a Bachelor's or Master's degree in Management Accounting, Economics, Business or a related Human Resources field backed up with demonstrable experience gained in a Compensation/Pay/Payroll/Benefits environment as management level and with particular emphasis and exposure to Pensions advisory.
Broad experience in Pensions to include (valuation, assets, governance and administration). Plus managing the contracts process and service level agreements, costs and request for quotations.
You will be dynamic with an analytical mind and comfortable working with numbers, good interpersonal skills (across all levels of seniority) and diplomacy. Customer orientated with excellent writing skills.Skills:
Knowledge of economics and accounting.
Thorough approach and acute attention to detail.
Strong customer service orientation.
Sensitivity and understanding.
Persistence and determination and the ability to work autonomously to achieve short term demanding challenges.
Analytical thinking skills and excellent working with numbers.
Assertiveness and direct decision making.
Team player with strong interpersonal skills and good time management
Good knowledge of IT tools, Knowledge of SAP HR would be a distinct advantage.
Fluent in English.