Senior Benefits Risk Management Lead

Reading, UK

Full-TimeDepends on ExperienceSenior LevelMasters

Job Description

Welcome to Bayer, a global leader in the healthcare and agriculture industries. We are currently seeking a highly experienced and skilled individual to join our team as the Senior Benefits Risk Management Lead. In this role, you will be responsible for overseeing the design, implementation, and management of our employee benefits plans to ensure compliance with regulations and mitigate potential risks. Our ideal candidate is a strategic thinker with strong analytical skills, a deep understanding of benefits laws and regulations, and a passion for promoting the well-being of our employees. If you are ready to take on a challenging and rewarding role at a company committed to making a positive impact, we encourage you to apply.

Develop and implement a comprehensive strategy for managing risks associated with employee benefits plans.
Monitor and analyze industry trends, laws, and regulations related to employee benefits to ensure compliance.
Collaborate with cross-functional teams to design and implement employee benefits programs that align with company goals and objectives.
Conduct regular audits and reviews of benefits plans to identify potential risks and make recommendations for improvements.
Oversee the administration of employee benefits plans, including enrollment, claims processing, and communication with employees.
Serve as a subject matter expert on benefits laws and regulations, providing guidance and support to HR and leadership teams.
Develop and maintain relationships with external vendors and consultants to ensure effective management of benefits plans.
Communicate and educate employees on the company's benefits offerings, including plan details, eligibility requirements, and enrollment processes.
Collaborate with legal and compliance teams to ensure all benefits plans are in compliance with federal, state, and local regulations.
Analyze data and metrics related to benefits plans to identify areas for improvement and cost-saving opportunities.
Lead the development and delivery of training programs for HR and other relevant teams on benefits risk management best practices.
Stay current on industry best practices and make recommendations for process improvements and innovations in benefits risk management.
Act as a liaison between the company and regulatory agencies, responding to inquiries and requests for information.
Manage a team of benefits professionals, providing guidance, coaching, and performance evaluations.
Foster a culture of employee well-being and diversity and inclusion within the company.

Where is this job?

This job is located at Reading, UK

Job Qualifications

Extensive Experience In Benefits Risk Management: The Candidate Should Have A Minimum Of 5-7 Years Of Experience In Managing Benefits Risk At A Senior Level, Preferably In A Similar Industry Or Organization.
Strong Understanding Of Benefits Regulations And Compliance: The Ideal Candidate Should Have A Thorough Understanding Of Federal And State Regulations Related To Employee Benefits, Including But Not Limited To Erisa, Aca, Hipaa, And Fmla.
Demonstrated Leadership Skills: As A Senior Leader, The Candidate Should Possess Strong Leadership Skills And Be Able To Effectively Lead A Team Of Benefits Risk Management Professionals. This Includes The Ability To Mentor And Develop Team Members, As Well As Collaborate With Cross-Functional Teams.
Analytical And Problem-Solving Skills: The Senior Benefits Risk Management Lead Will Be Responsible For Identifying And Mitigating Potential Risks Related To Employee Benefits. The Candidate Should Have Strong Analytical Skills To Identify Potential Risks And Develop Effective Solutions To Address Them.
Excellent Communication And Interpersonal Skills: The Role Involves Working Closely With Internal Stakeholders, External Vendors, And Regulatory Agencies. The Candidate Should Have Excellent Communication Skills To Effectively Communicate Complex Benefits-Related Information And Build Relationships With Key Stakeholders.

Required Skills

Budgeting
Project Management
Data Analysis
Communication
Negotiation
Leadership
Employee Benefits
Compliance Management
Risk assessment
Stakeholder management
Legal Knowledge
Benefits Strategy

Soft Skills

Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
Critical thinking
Attention to detail
Teamwork
Adaptability
Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Benefits Risk Management Lead in Reading, UK is £70,000-£90,000 per year. This may vary based on factors such as the specific company, industry, experience level, and skills of the individual.

Additional Information

Bayer is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Required LanguagesEnglish

Job PostedMarch 16th, 2026

Apply BeforeApril 15th, 2026

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