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Manager, Worldwide Benefits

Company: Transocean
Location: Houston
Posted on: May 28, 2023

Job Description:

Human Resources Group
Transocean is focused on being the employer of choice for the drilling industry.
We are challenging ourselves every day to push the performance of the company through technological advances and passion for our work.
Job Summary
The Manager, Worldwide Benefits assists the Senior Manager, Worldwide Compensation & Benefits by driving the strategy, design, administration, and governance the Transocean employee benefits programs worldwide. They oversee and manage a team of Benefits Analysts to execute the required activity for the Benefits Department.
Job Description

  • Minimum Required - Bachelor's Degree
  • Preferred - Bachelor's Degree with focus in Business, HR or Finance Experience:
    • Minimum Required - 5 years experience in benefits or benefits related experience in Consulting, Corporate Benefits, Benefits Administration or related field
    • Preferred - 7+ years Skills:
      • Required: Highly proficient with Microsoft Office; especially Excel and PowerPoint
      • Preferred: Understanding of Accounting and Finance Key Roles & Responsibilities
        • Identifies potential new benefits based on long-term strategy and company goals, researches feasibility and financial impact, partners with leaders in organization to gain alignment on potential changes and new programs. Recommends change and vendor assignment to Sr. Manager. Presents to leadership as needed. Negotiates contract if needed. Owns requirement decisions for change and partners with vendor as applicable. Responsible for change management and final approval of employee facing communications and tools, delivers employee presentation as required. Ensures HR is aware of benefits changes/communications and partners with Analyst as appropriate.
        • Direct manager for team of analysts who conduct the ongoing business and oversee the administration of the worldwide benefits programs. Reviews progress and evaluates results of team. Oversees and assigns work to analysts for ongoing delivery and future benefits programs being considered. Resolves escalated benefits related items with assistance from Benefits Analysts and provides updates to Management as required. Escalation point with vendors and ensures overall governance is managed through Sr. Analyst. Works on contract and vendor assignment. Assists in vendor selection process with Sr. Manager & Sr. Analyst
        • Member of Fiduciary Committees and collaborate with other involved members (Finance, Accounting, Actuaries, etc.) Assist fellow fiduciary members in making decisions impacting benefits. Partner and provide information requested and proactively to Finance for plan participation changes, or items that may impact company liability. Participate and coordinate items for Accounting Significant Issues Meetings and Pension Valuations/Assumptions. Coordinate statutory and regulatory filing requirements with Legal and external parties, with assistance in preparation by Analyst.
          If you want to push yourself to great achievement, let Transocean develop your career.

Keywords: Transocean, Houston , Manager, Worldwide Benefits, Executive , Houston, Texas

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