Total Rewards SME- Pension Benefits & Well-Being

Posted date:  Jan 21, 2022
Location: 

Gurgaon, Haryana, India

Why Ericsson?

Ericsson is driving 5G standardization and was the largest contributor to the standardization body in 3GPP during 2018. Ericsson is committed to rapidly applying these standards to our technology development. Ericsson is a technology leader in 5G. Pioneering customers select us as their 5G partner and we are first with commercial live networks in four continents. This includes multiple operators in both the US and South Korea, as well as in Switzerland, Australia and UAE. We have publicly announced commercial 5G deals with more than 20 named operator customers. In India, we are known for delivering “World-First” projects for India’s largest and most renowned telecommunications carriers.

Location: Gurgaon

 

 

About this opportunity !

The role of the Pension & Benefits team in Ericsson is to create and implement a proactive long-term and sustainable strategy and governance focused approach to retirement provision, all employee benefits, well-being, and flexible working management. Through this approach we control costs and generate savings, reduce risk and compliance issues while also improving employee engagement and brand.

 

Purpose

The purpose of this role is to proactively drive the development and management of pension/retirement and employee benefit provisions in Oceania, Southeast Asia and India (GOAI) in alignment with global instructions.

This role provides design and operational expertise in the areas of pensions, employee benefits, and well-being across the Ericsson geography. One will be part of a dedicated team helping Ericsson to achieve long-term sustainability in these matters by improving our employee experience and brand, controlling costs, reducing risk and compliance issues, and strengthening our dedication to diversity and inclusivity.

 

Responsibilities & Tasks!

  • Support the development & implementation of the global long-term strategy for the pension, employee benefits and well-being area in our geography to ensure we provide pensions and benefits that control costs, manage risk and enhance employee value
  • Drive, Manage, and coordinate all aspects of local/regional/geographical pension, employee benefits & well-being programs.
  • Analyze and evaluate external and internal market trends, analytics and data
  • Lead compliance and adherence to global and local instructions/policies, and relevant local regulations / legislations.
  • Regularly report and summarize status of pensions and benefit plans
  • Partner with applicable stakeholders to lead compliance with SOX, internal processes, and regulations, vendor selection and management.
  • Work with trustees, actuaries etc. in relation to the management of DB pension plans
  • Together with People partners, TA SMEs and communication colleagues proactively drive and deliver communications and guidance on our Employee pension, benefits and well-being offerings
  • Maintain relations with external consultants, insurers and vendors to ensure Ericsson receives high quality and timely service and support that is aligned with Ericsson’s pension/ insured benefits strategies and policies. Set appropriate performance metrics and measure vendor performance.
  • Provide pension support in cases of mergers, acquisitions and divestitures ensuring pension risks are considered in the applicable case.
  • Handle/support special projects as needed and appropriate.
  • Manage the annual budget process for pension, employee benefits and well-being as well as invoice processing and tracking for all program costs.

 

Qualifications, Experience and Skills

  • Bachelor’s degree or equivalent
  • 5+ years’ experience in handling benefits, wellbeing, and pension programs for a large employer
  • HR/Benefits certifications preferred but not required
  • Shown experience finding opportunities and driving improvements to programs and offerings
  • Demonstrated success in the design and implementation of successful benefits and well-being strategies
  • Ability to work collaboratively across cultures and organizations; strategically passionate about continuous improvement
  • Proficient PC skills to include, spreadsheet and database applications
  • Excellent analysis, problem-resolution skills
  • Thorough understanding of laws, regulations, and agency interpretations or opinions related to retirement benefits.

 

Behavioral Competences

  • Excellent interpersonal and presentation skills
  • Excellent communication/people skills; ability to confidently interact with all levels of employees including senior management
  • Excellent organizational skills and attention to detail.
  • Good time management skills, proactive and service-oriented mind-set
  • Ability to coordinate and prioritize work

 

 

What's in it for you?

“We are proud to announce at Ericsson India has been named #14 in the country and we have been officially Certified™ in 2021. Every year, more than 10,000 organizations from over 60 countries partner with the Great Place to Work® Institute for assessment, benchmarking and planning actions to strengthen their workplace culture and this Certification acknowledges our employees value their employee experience and our workplace culture.”

What happens next once you apply?

Read about the next steps here. For your preparation and reference, here is our overall Brand video and some insights about our innovations in 5G https://www.ericsson.com/en/careers/job-opportunities/hiring-process

Do you believe that an organization fostering an environment of cooperation and collaboration to execute with speed creates better business value? Do you value a culture of humanness, where fact based decisions are important and our people are encouraged to speak up? Do you believe that diverse, inclusive teams drive performance and innovation? At Ericsson, we do.

We provide equal employment opportunities without regard to race, color, gender, sexual orientation, transgender status, gender identity and/or expression, marital status, pregnancy, parental status, religion, political opinion, nationality, ethnic background, social origin, social status, indigenous status, disability, age, union membership or employee representation and any other characteristic protected by local law or Ericsson’s Code of Business Ethics.

Be where it begins

Our Culture

Welcome to an inclusive, global company where your opportunity to make an impact is endless. Share your most innovative ideas, bring your unique perspective and bring your unique perspective in a speak up environment. With us, you will no longer be dreaming of what the future holds – you will be redefining it at a company where you’re empowered to lead and perform at your very best.

Learning and Development

Being a part of our team means having the flexibility to take your career in many different directions, but it also means leveraging the supportive structure of a big organization, with clear personal and professional development opportunities. 

Benefits and Rewards

We believe that great accomplishments deserve great benefits and transparent rewards. We strive to offer competitive, unbiased, and fair rewards for all our people. We empower you to manage your own time and promote flexible working opportunities, along with family-friendly policies.

Click here to find out more about our benefits.


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