Full-Time

Benefits Manager

Posted on 12/4/2024

Remitly

Remitly

1,001-5,000 employees

International money transfer for immigrants

Fintech
Financial Services

Compensation Overview

$88k - $105kAnnually

+ Equity

Senior

Remote in USA

Category
Human Resources
People & HR

You match the following Remitly's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • A Bachelor's degree in Human Resources, Business Administration, or a related field.
  • A minimum of 5 years of experience in benefits administration.
  • In-depth understanding of employee benefits, including leave of absence and retirement programs, and regulations governing benefits.
  • Proficiency in HRIS system and benefits administration software. Workday experience highly preferred.
  • A proven track record of thriving in high-tech environment and successfully managing complex projects.
Responsibilities
  • Serve as the U.S. and Canada benefits liaison, responding to inquiries from employees, managers, and the People Team.
  • Partner with our vendors, brokers, and cross-functional teams including Payroll, HRIS, People Team, Legal, Procurement, IT Security and Finance to ensure smooth operation of our benefit programs.
  • Be the lead for U.S. & Canada Leave of Absence, providing oversight of the third-party administrators, ensuring data accuracy, resolving escalation and leading process improvement.
  • Support operation of the 401k plan including annual non-discrimination testing, audit and true up.
  • Support benefits administration including new hire enrollments, life events and annual open enrollment.
  • Assist with compliance efforts related to employee benefits, including ensuring adherence to federal, state, and local regulations (e.g., ERISA, ACA, HIPAA).
  • Identify, assess, and analyze gaps and deficiencies in our current offerings and administration processes, and make recommendations for improvements.

Remitly focuses on international money transfers, helping immigrants send money to their families quickly and securely at lower costs than traditional banks. The company charges transaction fees and earns from the exchange rate margin, offering various transfer options like bank deposits and cash pickups. Remitly enhances user experience through its website and mobile app, allowing real-time tracking of transfers, and engages with immigrant communities by providing helpful resources and educational support. Its goal is to meet the unique needs of immigrants while ensuring fast, affordable, and reliable money transfer services.

Company Stage

IPO

Total Funding

$423.9M

Headquarters

Seattle, Washington

Founded

2011

Growth & Insights
Headcount

6 month growth

0%

1 year growth

1%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased digital wallet adoption in key markets expands Remitly's reach to unbanked individuals.
  • AI agents in operations could reduce costs and improve Remitly's efficiency.
  • Visa collaboration enhances Remitly's cross-border fund flow services, boosting customer satisfaction.

What critics are saying

  • Swift's integration into banks' channels poses a competitive threat to Remitly.
  • AI agents' rise may challenge Remitly's operational model in efficiency and cost-effectiveness.
  • Schall Law Firm's investigation could impact investor confidence and Remitly's reputation.

What makes Remitly unique

  • Remitly focuses on immigrants, offering competitive rates and fast, secure transactions.
  • The company leverages technology for a seamless user experience via its app and website.
  • Remitly engages with immigrant communities through content and educational initiatives.

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Benefits

Continuing Education or Travel Stipend

Office Culture

Flexible PTO, Schedules and Leaves

DEI Learning Opportunities

Community Engagement

Inclusive Benefits

INACTIVE