Description

Do you want to build a career that is truly worthwhile? Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. For more information, visit www.worldbank.org

BACKGROUND AND UNIT SUMMARY

The Human Resources Department Employment Policy, Compensation & Systems Unit (HRDPC) is one of the Centers of Expertise in Human Resources. Its role is to design, develop, implement, and administer employment, compensation and benefits policies and programs for staff and the contingent workforce in Washington, D.C. and over 120 country offices.

This position is with the Global Benefits Team who is responsible for the overall program management and governance of benefits programs for actives and retirees. The team addresses program design, administration and vendors’ oversight, review, communication, financial management, operational compliance with policies.

DUTIES AND RESPONSIBILITIES:

Provide analytical support to the Global Benefits Team on the day-to-day benefit programs management with a great focus on the financial management of benefit programs. Specifically, the duties may involve project managements, data collection and preparation, data analytics, draft communication materials and/or content for myHR, liaise with vendors or internal stakeholders as needed.

Selection Criteria

Requirements:

• Master’s degree in math, accounting, finance, or business administration and at least 2 years of relevant experience or equivalent combination of education and experience.
• At least 2 years of work experience in employee benefits, especially on the administration and financial management of medical benefits (global and domestic); life insurances, retirement, etc.
• Any recognized professional benefits certification will be considered valuable.
• Must be able to come to the office at least 4 days a week.

Skills:

• Strong data analytical skills and ability to handle large volume and complex data
• Technically proficient with Excel (using advanced functions and macros to analyze large volume of data), MS Word, and MS Power Point.
• Flexibility and responsiveness in a high-paced, demanding focal position. Ability to balance individual demands with institutional interests and practices.
• Ability to handle the personal and sensitive information associated with these programs with appropriate sensitivity, care, and discretion.
• Ability to work both independently and in a team environment with others to resolve problems in relation to priority.
• Proven task and project management skills. Excellent organization skills to handle a variety of concurrent activities, judge priorities and organize work accordingly, along with the ability to work well under pressure.
• Proficient verbal and written communication skills; fluency in English is required.
• Proficient with online meetings platforms such as MS Teams, Webex, and Zoom
• Familiar with corporate enterprise systems such as PS and SAP

The World Bank Group offers comprehensive benefits, including the following benefits:

• All-purpose leave of 24 days
• Paid maternity leave of 20 days with additional 40 days unpaid
• A comprehensive medical plan for the staff and family members with 75% premium subsidy
• Basic life insurance of 1x salary; plus, basic AD&D policy of 3x salary up to $250,000
• A termination grant of 15% of salary for each year of service at the end of the contract
• Voluntary 401(k) retirement plan

World Bank Group Core Competencies

We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.

Learn more about working at the World Bank and IFC, including our values and inspiring stories.