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HR Benefits Vendor Analyst

LHH Recruitment Solutions
Posted 11 days ago, valid for 21 days
Location

London, Greater London EC1R 0WX

Salary

£60,000 - £72,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The HR Benefits Vendor Analyst position is a 6 to 12-month contract role offering a daily rate of £275 to £400, with hybrid working options available.
  • The contractor will support the EMEA Benefits Team in managing vendor-related processes and will report to a Senior Project Manager overseeing approximately 100 benefits vendors.
  • Candidates should have experience in a similar role within a large organization, preferably in financial services, and possess strong project management and administrative skills.
  • The role requires effective communication, problem-solving abilities, and a good understanding of contractual arrangements and information security practices.
  • An ASAP start is expected, and the position emphasizes the importance of compliance with third-party management programs and vendor performance assessments.

HR Benefits Vendor Analyst6 - 12-month Contract£275 - £400 per day - UmbrellaHybrid working offered.ASAP start

A well-established organisation is seeking a contractor to join the EMEA Benefits Team, providing support in managing the administration of vendor-related processes. The contractor will report to a Senior Project Manager responsible for managing vendors, procurement, and global information security requirements for approximately 100 benefits vendors across the EMEA region. The position will collaborate closely with an internal team of benefits specialists based in London.

Role Responsibilities

* Utilise internal systems to manage requests for new vendor projects, modifications to existing vendor agreements, and conduct vendor reviews.* Ensure compliance with the organisation's Third-Party Management Programs by adhering to the following processes:o Collect necessary information on subcontractors of the vendors.o Gather information required for material outsourcing of vendor services.o Process requests according to established protocols for transferring data between the organisation and third-party vendors.* Understand key performance indicators for each vendor and facilitate assessments against agreed scorecards. Collaborate with vendor managers and the Benefits Team to review service performance and compliance.* Support the Benefits Team in evaluating new technology requests and modifications to existing technology and services. Coordinate with the internal project management team to clarify the scope of requests and assess cost-benefit analysis.* Work closely with the Third-Party Vendor Management teams and Information Security teams to regularly update relevant information in the organisation's vendor management systems, ensuring compliance with regulatory frameworks and contractual agreements.* Assist vendor managers in addressing vendor non-compliance and associated risks. Prepare the necessary documentation for senior leadership review and sign-off.

Key Skills

* Experience in working within a similar role with supporting several benefits vendors for a large organisation.* Understanding or experience of working in the financial services would be Ideal.* Highly organised with strong project management and administrative skills. Capable of prioritising tasks, meeting deadlines, and responding to stakeholder requests in a timely manner.* Strong attention to detail with the ability to quickly understand new systems and processes.* Effective communicator with the ability to simplify complex issues and avoid jargon.* Excellent problem-solving skills, able to follow processes while identifying potential improvements.* Ability to build strong stakeholder relationships.* Self-motivated and able to work independently.* A good understanding of contractual arrangements. Knowledge of information security and procurement practices is an advantage.* Some experience with data management and data-sharing processes would be beneficial.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.