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Manager, Benefits - Toronto, ON

Date: Aug 13, 2019

Location: Toronto, ON, CA

Company: Scotiabank

 

 

 

Requisition ID: 68229

 

Join the Global Community of Scotiabankers to help customers become better off.

 

 

As the Manager, Benefits, you will contribute to the overall success of the Benefits policy for Total Rewards in Canada, US, USVI & Puerto Rico, ensuring specific individual goals, plans, and initiatives are executed / delivered in support of the team’s business strategies and objectives. 

 

Accountabilities

 

  • Research and analysis of the impact of federal, provincial and stateside benefits legislation for compliance, benefits design, administration, and strategy.
  • Establish and manage external provider relationships to ensure quality service is achieved.
  • Establish and maintain effective relationships with internal stakeholders, as well as the various business lines, relationship management teams, and compensation colleagues to ensure benefit programs meet business needs and objectives. Where applicable, provide benefit expertise in support of business strategies including mergers, acquisitions and outsource initiatives. Provide consultative services on matters of benefit policy rationale, interpretation and application, including contract review, educational materials and employee presentations.
  • Establish and maintain relationships with Employee Relations, Employment Law Group, Strategic Sourcing, Privacy and Security to ensure plans and contracts effectively manage risk and meet bank compliance requirements.
  • Ensure benefit programs are designed within consideration of needs, cost-efficiency, competitive positioning, emerging industry trends and innovations, governance and best practices. Products and programs include (but not limited to) group insurance benefits for active employees and retirees, leaves of absence, vacation, wellness, EFAP and other employee benefit programs.
  • Support the various phases of integrated benefit product launches and/or implementation of program updates/modifications.
  • Support the Senior Manager, Benefits with communication and education.
  • Conduct cost/benefit analysis, gap analysis and prepare detailed proposals for annual policy renewals and business case approval by Senior Executives.

 

Requirements

 

  • A minimum of 3 - 5 years of experience in group benefit management or consulting
  • In-depth knowledge and solid understanding of group benefit principles, processes and legislation, including financial and underwriting concepts
  • Effective project management skills required to lead and deliver projects successfully and cost- efficiently.
  • Effective consultation skills.
  • Excellent oral and written communication skills.
  • Excellent people and customer service skills, including vendor management experience (SLA’s, Performance Standards, Financial Penalties)
  • High aptitude with software such as Word, Excel, Power Point, Project and MS Office
  • CEBS, CHRP or other relevant designation or experience, or working towards completion of such designation(s).
  • Bachelors or relevant Masters degree

 

 

Location(s):  Canada : Ontario : Toronto 

As Canada's International Bank, we are a diverse and global team. We speak more than 100 languages with backgrounds from more than 120 countries. We value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.


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