Reward SME, Benefits
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About the role
We are a global energy business involved in every aspect of the energy system. We are working towards delivering light, heat and mobility to millions of people, every day. Our people want to play their part in solving the big, sophisticated challenges facing our world today and, guided by our bp values, are working to help meet the world's need for more energy while lowering carbon emissions. In our offices at Pune, we work in customer service, finance, accounting, procurement, HR services and other enabling functions - providing solutions as an integrated part of bp. Would you like to discover how our diverse, hardworking people are owning the way in making energy cleaner and better - and how you can play your part in our outstanding team? Join our team, and develop your career in an encouraging, forward-thinking environment! Role Synopsys: This role sits within bp's PC&C Reward Operations & Analytics (O&A) team , providing operational and analytical support to the Global Benefits Team and broader Reward function. The role is developed to support multiple reward capability areas, with insurance and benefits being a key, but not exclusive, area of expertise . As a benefits specialist, you will implement complex global benefits activities, ensure high data quality, and support governance, analytics and cost management across benefits programmes. You will work closely with the Global Benefits Team, regional reward teams, finance, actuaries, brokers and external partners to deliver , compliant and insight‑led reward outcomes. What you will deliver Global benefits and reward operations support Act as a key operational and analytical support partner to the Global Benefits Team , enabling effective delivery of global benefits programmes. Provide support across multiple reward activities, contributing benefits and insurance expertise alongside broader reward operations knowledge. Ensure consistent application of global standards, controls and operating procedures across supported reward processes. Total rewards review (TRR) execution Implement end‑to‑end Total Rewards Review (TRR) activities across benefits and related reward components, ensuring accurate, timely and compliant submissions. Coordinate data inputs from global and regional partners, performing validation, analysis and issue resolution. Identify trends, risks and data anomalies and surface insights to the Global Benefits Team and Reward COEs. Insurance and captive management Provide operational and analytical support for insurance and benefits programmes , including those placed through bp's captive insurance structures . Coordinate experience data, renewals support, premium allocations and reporting in partnership with captive teams. Ensure insurance‑related activities meet governance, audit and documentation standards. Global policy and guidelines support Support the implementation and operational governance of global benefits and reward policies, standards and guidelines. Act as a subject‑matter support point for operational interpretation of global requirements, raising exceptions where needed. Maintain supporting documentation, controls and operational mentorship in line with Reward O&A expectations. India benefits and reward operations expertise Serve as the India benefits and rewards operations authority . Support India‑specific benefits and insurance programmes while enabling alignment to global policy and operating models. Provide market, regulatory and operational insights to the CoE to support decision‑making. Cost, funding and analytics Handle and coordinate Cost Assumption Activities across benefits and related reward components for multiple regions. Support calculation, validation and ongoing maintenance of burden rates linked to benefits and reward programmes. Partner with finance and reward teams to ensure assumptions are robust, clearly detailed and audit‑ready. Produce insightful analysis to support forecasting, planning and financial decisions Proactive stakeholder management Build and maintain effective working relationships with the Global Benefits Team, Reward COEs, and other partners. Proactively handle partner expectations by providing updates, timelines, insights and identification of risks or dependencies. Act as a trusted operational partner, anticipating information needs and resolving queries across benefits and broader reward operations. Contribution to ad‑hoc benefits and reward projects Actively contribute to ad‑hoc benefits‑related and reward transformation projects, providing analytical, operational and subject‑matter support as the need arises. Balance project contributions alongside BAU delivery, flexing capacity as needed to meet changing business priorities Essential experience and job requirements Strong experience supporting global benefits and/or reward operations within a multinational organisation. Pro
Additional Information
Entity: People, Culture & Communications Job Family Group: HR Group Job Description:
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