Full-Time

Global Benefits Senior Manager

Posted on 2/22/2025

Boston Consulting Group

Boston Consulting Group

Boston Consulting Group provides management consulting services.

Senior, Expert

Company Does Not Provide H1B Sponsorship

Stratford, London, UK

Category
Management Consulting
Consulting
Required Skills
Data Analysis

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Degree
Experience
Requirements
  • Extensive knowledge of group healthcare, life assurance, disability, and related benefits programs (including BTA, Short-Term Disability [STD], and AD&D) and the insurance markets that support these offerings.
  • Proven expertise in plan design, policy wording, contract negotiation, and vendor management across benefits programs in the EMESA region.
  • Advanced analytical and critical thinking skills to evaluate insurance contracts, leverage insured claims data and ICD coding, and develop actionable insights that enhance benefits offerings.
  • Exceptional verbal and written communication skills, with the ability to convey complex concepts to diverse stakeholders and drive alignment.
  • Demonstrated ability to build strong partnerships across cross-functional teams, foster consensus, and effectively manage expectations.
Responsibilities
  • Evaluate and refine employee benefits insurance plans (e.g., Healthcare, Life, Disability, Business Travel Accident, Accidental Death & Dismemberment), ensuring they are future ready, cost-efficient, and aligned with BCG’s regional business and talent objectives.
  • Collaborate with the Global Benefits Insurance Director to review insurance contracts and premium calculations, ensuring compliance and alignment with long-term organisational goals.
  • Lead initiatives to maximise plan value while balancing costs, managing risks, and prioritising employee wellbeing.
  • Serve as a trusted advisor to regional and local HR and Finance teams, guiding technical and operational aspects of benefits programs.
  • Collaborate with brokers and vendors to negotiate terms, manage renewals, and uphold BCG’s high standards.
  • Work closely with the Global Benefits COE Leadership Team to provide strategic insights and support regional leadership on benefits priorities.
  • Champion the MyBenefits platform as the focal point for benefits engagement, enhancing employees’ understanding of offerings while reinforcing BCG’s Employee Value Proposition.
  • Collaborate with regional and local teams to optimise platform usage, driving operational efficiencies and streamlining benefits administration.
  • Leverage insured claims data and ICD coding to inform a proactive approach to health and wellbeing, providing insights that drive cost management, mitigate risks, and enhance employee outcomes.
  • Analyse complex datasets related to healthcare, life assurance, and income protection programs to identify trends and opportunities. Using the Wellbeing@BCG framework, deliver actionable recommendations.
  • Support insurance renewals by analysing claims data and leveraging experience to ensure vendor recommendations (e.g., from brokers and insurers) are complete and appropriate and offer optimal value for the organisation.
  • Identify and collaborate across teams to implement process improvements to streamline regional benefits administration.
  • Ensure all programs comply with global governance standards and regulatory requirements while maintaining competitiveness.
Desired Qualifications
  • 7+ years of experience in regional benefits management, global broking or international benefits consulting, ideally within a matrixed organisation.
  • Strong experience analysing claims data and leveraging ICD coding to generate insights that drive strategic health and wellbeing initiatives, focusing on cost management, risk reduction, and employee outcomes.
  • Advanced proficiency in Excel and PowerPoint, with strong numerical and presentation skills.
  • Experience working with global benefits platforms and technologies.
  • Foreign language proficiency relevant to the EMESA region is a plus.
Boston Consulting Group

Boston Consulting Group

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