Benefits Administrator India (ChennaiBangalore)

Banyan Software provides the best permanent home for successful enterprise software companies their employees and customers. We are on a mission to acquire build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical recent years Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000 and amongst the top 10 fastest-growing companies by the Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.

Role Overview

The Benefits Administrator supports the administration and ongoing management of Banyans global benefits programs with a primary focus on the US Canada India and Pakistan - other regions include the UK Europe and APAC. This role requires independent judgment strong operational ownership and the ability to manage complex benefits processes across multiple jurisdictions.

Reporting to the Senior Manager Total Rewards this role works closely with the broader HR team the Global Payroll team and external vendors to ensure benefits programs are administered accurately compliantly and consistently.

Key Responsibilities

• Independently administer global employee benefits programs including medical retirement wellness leave and statutory benefits across multiple countries.
• Manage day-to-day benefits operations including enrollments changes audits reconciliations and terminations ensuring accuracy and timeliness.
• Serve as a knowledgeable point of contact for employee benefits inquiries resolving complex cases related to healthcare retirement and payroll-integrated benefits.
• Administer and support US retirement programs including 401(k) plans partnering with recordkeepers payroll and plan advisors to ensure accurate eligibility enrollments contributions vesting and compliance.
• Partner closely with the Global Payroll team to ensure accurate payroll deductions employer contributions and benefits-related payroll feeds including 401(k) contributions and reconciliations.
• Collaborate with HR Business Partners and HR Operations to support onboarding offboarding employee life-event changes and benefits education across regions.
• Support benefits due diligence and integration activities for newly acquired companies including alignment of retirement and benefits programs with Banyans global framework.
• Monitor regulatory and compliance requirements across supported regions including US-qualified retirement plan requirements; escalate risks and support remediation activities.
• Prepare and maintain benefits reporting including enrollment data utilization trends cost tracking and vendor performance metrics.
• Maintain accurate confidential benefits data in HRIS and benefits administration systems ensuring data integrity and audit readiness.
• Coordinate with external brokers carriers recordkeepers and third-party administrators to resolve issues support renewals and maintain service levels.

Qualifications

• 5-7 years of experience in benefits administration total rewards or HR operations preferably in a global or multi-country environment.
• Solid working knowledge of employee benefits programs including healthcare insurance statutory benefits and US-qualified 401(k) retirement plans.
• Experience supporting global benefits administration across the US Canada India and Pakistan. Other preferred regions include the UK Europe and APAC.
• Hands-on experience supporting 401(k) administration including payroll integration employee and employer contributions eligibility vesting reconciliations and employee inquiries.
• Demonstrated ability to work independently apply judgment and manage multiple priorities in a fast-paced global environment.
• Strong written and verbal communication skills with the ability to clearly explain complex benefits topics to diverse employee populations.
• Experience working with HRIS payroll systems and benefits administration platforms.
• Experience with mergers and acquisitions preferred.

Diversity Equity Inclusion & Equal Employment Opportunity at Banyan: Banyan affirms that inequality is detrimental to our Global Teams associates our Operating Companies and the communities we serve. As a collective our goal is to impact lasting change through our actions. Together we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic including race color genetic information creed national origin religion sex affectional or sexual orientation gender identity or expression lawful alien status ancestry age marital status or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit qualifications experience ability and job performance.

Beware of Recruitment Scams

We have been made aware of individuals fraudulently posing as members of our Talent Acquisition team and extending fake job offers. These scams may involve requests for personal information or payment for equipment.

Protect yourself by following these steps:

• Verify that all communications from our recruiting team come from an @ email address.
• Remember employers will never request payment or banking information during the hiring process.
• If you receive a suspicious message do not respond instead forward it to and/or report it to the platform where you received it.

Your safety and security are important to us. Thank you for staying vigilant.