Flexible Benefits Administrator (Fixed Term)
Security Bank Corporation
Date: 3 weeks ago
City: Makati City
Contract type: Contractor
About The Role
The Flexible Benefits Administrator (Fixed Term) supports the Rewards Officer in managing and processing transactions related to the Flexible Benefits (FlexBen) program. This role plays a key part in ensuring accurate and timely administration of employee benefits.
How you'll contribute
Security Bank is one of the Philippines’ best capitalized private domestic universal banks. Established in 1951 and publicly listed with the Philippine Stock Exchange (PSE:SECB) in 1995, our major businesses cover retail, corporate, commercial, and business (MSME) banking.
We’re recognized as an Employer of Choice in Philippine banking by various award-giving bodies for our values-based culture, industry-leading engagement and benefits, and commitment to work-life balance.
Most recently, we ranked as the #2 best employer in the Philippines and #54 globally on the prestigious Forbes’ World’s Best Employers 2023 list.
At Security Bank, our approach to Human Capital Management (HCM) is embodied by our Employee Value Proposition (EVP): “YOU matter.”
Start your BetterBanking career with us today!
The Flexible Benefits Administrator (Fixed Term) supports the Rewards Officer in managing and processing transactions related to the Flexible Benefits (FlexBen) program. This role plays a key part in ensuring accurate and timely administration of employee benefits.
How you'll contribute
- Assist in compiling headcount data essential for FlexBen program administration
- Support the processing of FlexBen transactions, including cost accruals, allocations, payroll entries, and adjustments due to employee movements (e.g., resignations)
- Review termination worksheets from the FlexBen vendor and complete clearance workflows for resigning employees
- Participate in monthly reconciliation of FlexBen accounts to ensure accuracy and completeness
- Validate billing statements from HMO and Group Life Insurance (GLI) vendors
- Prepare payroll instructions for FlexBen-related credits or deductions based on employee benefit selections
- Maintain and update process documentation related to FlexBen program administration
- Release reminders and announcements related to Flexa transactions to keep stakeholders informed and ensure timely processing
- Respond to queries via the HeRO Helpdesk, providing accurate and timely assistance to address concerns and maintain smooth operations
- Bachelor's Degree in Finance/Accountancy/Banking or any related field
- At least 3 years of hands-on experience in benefits administration and/or HR operations
- Preferably with accounting background
- Open to assume a Fixed Term Employment for 1 year
Security Bank is one of the Philippines’ best capitalized private domestic universal banks. Established in 1951 and publicly listed with the Philippine Stock Exchange (PSE:SECB) in 1995, our major businesses cover retail, corporate, commercial, and business (MSME) banking.
We’re recognized as an Employer of Choice in Philippine banking by various award-giving bodies for our values-based culture, industry-leading engagement and benefits, and commitment to work-life balance.
Most recently, we ranked as the #2 best employer in the Philippines and #54 globally on the prestigious Forbes’ World’s Best Employers 2023 list.
At Security Bank, our approach to Human Capital Management (HCM) is embodied by our Employee Value Proposition (EVP): “YOU matter.”
Start your BetterBanking career with us today!
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