Employee Benefits APAC, Vice President
Company
Morgan Stanley
Location
Hong Kong
Type
Full Time
Job Description
We're seeking someone to join our team as an Employee Benefits Advisor and play an integral role in how policies in the areas of wellbeing, healthcare, retirement, insurance, and other benefits are set, managed, and promoted across ten locations within APAC.
In the Human Capital Management division, we provide advice and insight to attract, retain, reward and develop a talented global workforce, giving employees the support and tools, they need to succeed. This is a Vice President level position within the Asia HR Benefits team.
Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.
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What you'll do in the role:
Provide benefits related advice and support to HR business partners and business unit management.
Advance the Firm's health and wellbeing strategy to foster a healthy, inclusive culture and approach to support the positive physical, mental and financial wellbeing of our employees and their families, including but not limited to:
• Promote awareness, understanding and utilization of the benefits programs provided to employees, HR business partners and business unit management.
• Take ownership of collating data from multiple sources to ensure accuracy and consistency in reporting. Analyze data to identity trends and provide insights to enhance program effectiveness.
• Project manage benefits program reviews, including annual renewal of insurance policies. Liaise with insurers, plan providers and other vendors. Coordinate monthly and annual processes including payroll deductions/contributions, medical annual enrolment with vendors and internal parties including global benefits teams, HR business partners, and tax etc.
• Work with legal and tax advisors to ensure that benefits programs meet all local regulatory and tax requirements.
• Drive the re-engineering of all benefits administrative processes to achieve maximum efficiency.
• Work with international benefits colleagues regarding benefit plans to ensure that policies are aligned globally.
• Own, review and update all benefits related information provided to employees.
• Co-ordinate, complete and analyze Morgan Stanley's participation in recurring and ad hoc benefit surveys.
What you'll bring to the role:
• Level - VP (10+ years of experience).
• Bachelor's Degree or equivalent.
• Background and experience in employee benefits, either consulting or in-house in the Financial or Professional Services sector.
• Good knowledge of benefits compliance and market practices.
• Demonstrated ability to build relationships, work collaboratively and communicate effectively at all levels.
What you can expect from Morgan Stanley
We have a track record of innovation and passion for unlocking new opportunities, we help our clients raise, manage and allocate capital. We do this by offering a wide range of investment banking, securities, wealth management and asset management services.
All that we do at Morgan Stanley is driven by our five core values: do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. These aren't just beliefs, they guide the decisions we make every day, ensuring we do what's best for our clients, communities and more than 80,000 employees around the world. And at the core of our success are the people who drive it - relentless collaborators and creative thinkers who are fueled by diverse thinking and experiences.
Wherever you are in our 1,200 global offices, you'll have the opportunity to work alongside the best and the brightest in an environment where you are empowered to achieve your full potential. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry
Equal Employment Opportunity Statement:
Morgan Stanley is an equal opportunities employer. We work to provide a supportive and inclusive environment where all individuals can maximize their full potential. Our skilled and creative workforce is comprised of individuals drawn from a broad cross section of the global communities in which we operate and who reflect a variety of backgrounds, talents, perspectives, and experiences. Our strong commitment to a culture of inclusion is evident through our constant focus on recruiting, developing, and advancing individuals based on their skills and talents.
Date Posted
01/21/2025
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