Employee Benefits Consultant ( Stanbic Bank Uganda)

Employee Benefits Consultant ( Stanbic Bank Uganda)

Job Description

To serve as the primary control and coordination point for P&C benefits administration within country. Manage the end-to-end benefits value chain through accurate transaction processing, financial reconciliation, and
vendor management. Provide advisory support to employees / line managers on benefit offerings, and support Pension Board activities to ensure compliance, data integrity, and a positive employee experience within the Payroll and Core Master Data systems.

  • Oversee the end-to-end administration of medical, retirement, and risk benefits to provide employees with consistent and reliable access to their contracted value proposition.
  • Manage the enrolment of all eligible employees into specific benefit schemes to maintain immediate coverage and compliance with employment contracts.
  • Perform regular reconciliation of benefits payments against internal records, verifying pre-payment requirements and conducting post-payment quality reviews to identify and resolve financial discrepancies, variances, and exceptions.
  • Execute first-line quality assurance checks on all benefit-related data captures within P&C systems to maintain a high standard of data integrity and accuracy.
  • Monitor service provider performance against established Service Level Agreements to uphold the quality of support and service delivery provided to bank employees.
  • Act as the primary point of contact for employee benefits-related queries, providing guidance on processes like bursaries and funeral claims to deliver a positive employee experience.
  • Maintain accurate benefit master data on the P&C Payroll and Core Master Data system to provide a reliable source of truth for payroll processing and statutory reporting.
  • Generate comprehensive benefits reports for EXCO and management forums to inform strategic decision-making regarding benefit utilisation and associated costs.
  • Facilitate benefit awareness sessions and develop communication materials to educate employees on the full value and correct utilisation of their available benefits.
  • Identify opportunities for automation within the benefits data management process to increase operational efficiency and reduce the risk of manual processing errors.
Qualifications

Type of Qualification: Business Commerce, Finance and Accounting, Human Resources,
Psychology, Social Sciences
Post Graduate Degree: Finance and Accounting, Human Resources

Experience Required
5-7 years’ experience in P&C Operations with a strong focus on Benefit Administration, Payroll,
or Financial Reconciliation. Proven experience handling large-scale data sets and complex vendor reconciliations.

Additional Information

Behavioural Competencies:

  • Adopting Practical Approaches
  • Articulating Information
  • Challenging Ideas
  • Conveying self confidence
  • Checking things meticulously
  • Team working
  • Influencing stakeholders
  • Documenting facts
  • Providing insights
  • Generating Ideas
  • Interpreting Data
  • Producing Output

Technical Competencies:

  • Business acumen
  • Challenges thinking & Assumptions
  • Research & Information Gathering
  • Compensation & benefits
  • Consulting agility
  • Employee centricity
  • International remuneration
  • Knowledge of P&C polices
  • Labour relations & procedures
  • Organizational awareness
  • P&C process improvement
  • P&C Operations technical knowledge

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