Job Information
Caterpillar, Inc. Senior Total Rewards Partner in Peterborough, United Kingdom
Career Area:
Human Resources
Job Description:
Your Work Shapes the World at Caterpillar Inc.
When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.
Job Title: Senior Total Rewards Partner
Salary: £60,000 - £74,000 (depending on experience)
Location : Peterborough, or
Benefits:
25 days annual leave,
Up to 18% Bonus
Monthly Car Allowance – £600pcm
Contributory pension scheme - Caterpillar will double the employee's contribution Up to 10%
Contributory share scheme - Caterpillar will match 50% of the employee's contribution.
Optional flexible benefits including access to health and dental care plans, EV car lease, holiday purchase.
Flexible working arrangements will be considered for this role, in-line with the needs of the business.
Job Summary
Caterpillar is looking to add a skilled Senior Total Rewards Partner to our team. Your role within this team will be to manage the relationship with Caterpillar’s global captive consultant, global benefits broker, and several other global insurers to ensure benefit program policy renewals are completed in a timely manner, and compliant with each country’s laws and regulations. Additionally, you will gather and analyze global Total Rewards trends & benchmarking information that will be used to ensure regional programs are market competitive & support business and talent objectives.
Additional Info : Less than 10%
What You Will Do:
Maintains a project plan to track and execute timely insurance policy renewals in each region and country.
Reviews and discusses policy terms & conditions with the captive risk manager and captive consultant underwriting teams.
Leads all policy renewal discussions between local and regional teams, the captive consultant, and benefit brokers.
Routes all captive policy renewals for final approval & execution.
Leads weekly calls with the captive consultant and the global benefits broker.
Investigates and resolves escalated issues from internal business partners, the captive consultant, or global benefit brokers.
Create side-by-side policy comparisons for consideration by business leaders when multiple design choices are available.
Analyze aggregated claims information to identify opportunities to improve benefits strategy or initiatives.
Conduct periodic meetings with regional benefit leaders and teams to review captive program deliverables, assess satisfaction with vendors, processes, and policies.
What You Have:
Analytical Thinking: Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.
Influencing: Knowledge of effective influencing tactics and strategies; ability to impact decisions within and outside own organization.
Interpersonal Relationships: Knowledge of the techniques and the ability to work with a variety of individuals and groups in a constructive and collaborative manner.
Benefits Programs: Knowledge of employee benefits programs, processes, issues and considerations; ability to design and implement benefits programs.
Compensation Management: Knowledge of compensation structure, and regulations and policies related to compensation; ability to design, implement and evaluate compensation programs, policies and processes within an organization.
Retirement Programs: Knowledge of features, policies and processes of retirement programs; ability to implement and manage employee retirement programs and plans.
Desirable skills include a mix of the following:
Bachelor’s degree
Skilled in managing employer global captive benefit insurance processes in multiple countries.
Demonstrated understanding of managing the employer relationship and vendor performance of a global benefit broker.
Experience reviewing and negotiating vendor contracts and performance guarantees.
Experience creating compelling business cases to support benefit design recommendations.
Experience leading implementation of benefit programs and initiatives.
Advanced user of Microsoft Word, PowerPoint, Excel, Outlook, Teams
What You Will Get
If you are looking for personal and professional growth, in a company with an inclusive culture, which seeks equity, respects differences and believes in people's potential, this is the right place. We consider people with disability candidates and those with diversity in gender, culture, ethnicity, religion, age, generation, race, nationality and sexual orientation.
About Caterpillar
Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed.
Posting Dates:
July 2, 2024 - July 11, 2024
Caterpillar is an Equal Opportunity Employer (EEO).
Not ready to apply? Join our Talent Community (http://flows.beamery.com/caterpillarinc/talcom) .
There’s more to work at Caterpillar than just the work itself. We hire smart, friendly people and it shows in our culture. We hold ourselves to high standards and make sure our values of integrity, excellence, teamwork, commitment and sustainability come to life in the way we work. We make sure our employees feel continuously challenged while also supported. We provide professional growth opportunities, including leadership programs. We celebrate the diversity of our team, while also working together as one Caterpillar.
Our culture, like everything at our company, is made possible by each employee’s contribution. Person by person, we create the environment we work in, and we are proud of the Caterpillar we’ve built.