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Location:
Cambridge, England, United Kingdom
Job reference: R-048550
Posted date: May. 21, 2019
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UK Benefits Lead

Cambridge

UK Benefits Lead

Cambridge

At AstraZeneca we turn ideas into life changing medicines. Working here means being entrepreneurial, thinking big and working together to make the impossible a reality. We’re focused on the potential of science to address the unmet needs of patients around the world. We commit to those areas where we think we can really change the course of medicine and bring big new ideas to life.

We’re currently looking for UK Benefits Lead to join our Compensation and Benefits team, based in our Global HQ in Cambridge. As the UK Benefits Lead you will have country based ownership of employee Benefits Programmes (including Defined Benefit and Defined Contribution pension plans). You will work with colleagues in Human Resources, Finance and Legal to ensure that the development and execution of the benefits strategy is a reflection of the needs of the Business, its People, and Performance and Reward strategy. You will also manage a team of Benefits managers and specialists.

Main Duties and Responsibilities:

You will:

  • Develop the UK benefits strategy and lead the benefit policy implementation and maintenance.
  • Lead and direct a team managing benefit programs, including risk benefits, healthcare, and pension arrangements.
  • Review the benefits programs, monitoring cost and financial impact, competitiveness of package to market.
  • Project future funding requirements and works with providers to maximize effectiveness and program delivery efficiencies.
  • Manage a team providing day-to-day administration of benefit programs.
  • Act as an expert resource providing advice on benefit policy development, integration issues (e.g. mergers and acquisitions), contributing both within Compensation & Benefits and providing advice across the wider HR community.
  • Contribute to the development of AZ wide Compensation & Benefits policy and process and provide input into strategic direction.
  • Engage all major stakeholders to understand and anticipate future benefits needs, plus obtain buy-in for the implementation of changes to benefits strategy as needed.
  • Work across the HR function and business, aligning benefit program delivery with wider HR and business objectives, ensuring interventions are integrated in a consistent way that supports AZ’s organisational objectives.
  • Own relationships with administrators, insurers, and providers, lead and direct the team negotiating contracts, renewals and tenders, supported by Procurement where necessary.
  • Review the benefit policies, ensuring adherence with regulatory, legal and best practice approaches.
  • Plan and manage budgets for all areas of responsibility required for delivery of benefit programs.
  • Manage governance for benefit programmes, including responsibility for the Trustee Board of the Defined Benefit pension plan.
  • Build capability within the function to deliver against objectives and build the HR talent pipeline.

Essential Requirements:

  • Degree-level qualification in a relevant field or equivalent
  • Expert knowledge of policies, process and procedures pertaining to pensions, healthcare and other significant benefits arrangements
  • Experience in executing global processes locally
  • Experience working in a multi-national, multi-division corporation
  • Experience managing benefit related merger and acquisition activities
  • Necessary people skills to engage and influence the benefits team, major stakeholders and internal clients
  • Experience in working effectively in a cross functional team
  • An understanding of the core principles and approaches in project management and can demonstrate experience of project management methodology adoption in business delivery
  • Can demonstrate through experience, the ability to engage, influence, negotiate with major stakeholders at all levels of the business
  • Comfortable delivering complex messages in simple ways through presentations face to face or virtually as well as experience of involvement in employee consultation across Compensation & Benefits area
  • A demonstrated appetite for continuous learning and improvement
  • High level proficiency in Excel, PowerPoint, and Word

AstraZeneca is an equal opportunity employer. AstraZeneca will consider all qualified applicants for employment without discrimination on grounds of disability, sex or sexual orientation, pregnancy or maternity leave status, race or national or ethnic origin, age, religion or belief, gender identity or re-assignment, marital or civil partnership status, protected veteran status (if applicable) or any other characteristic protected by law.

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UK Benefits Lead
Human Resources

AstraZeneca in the UK

Our 6,700-strong UK workforce is based across seven sites in the UK, including our new research facilities and global corporate headquarters in Cambridge. The Cambridge Biomedical Campus (CBC) is globally renowned as a leading centre of research, education and patient care. For AstraZeneca, the campus is the perfect environment in which to foster a vibrant culture of open innovation and collaboration.

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