Bracknell, England, United KingdomPosted 6 days agoFull-time
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Honeywell is a global technology and manufacturing leader focused on developing
solutions that improve quality of life and create new markets. Operating in more
than 75 countries, Honeywell delivers industry-specific solutions, including
control technologies for buildings and industry and performance materials. Join
us in developing innovative solutions to address some of the world’s toughest
challenges.
Position Summary: We are seeking an experienced, strategic Benefits Director to
partner with business leaders and oversee benefits strategy and execution across
Europe and META. This role is critical to keeping Honeywell competitive in
attracting and retaining top talent through comprehensive benefits strategies
aligned with our growth-focused business objectives.
RESPONSIBILITIES
Key Responsibilities:
Pension & Retirement Strategy 40-50%
• Lead the strategic direction, governance, and oversight of all pension and
retirement programs across Europe and META, ensuring plans support business
objectives, workforce needs, and long-term financial sustainability.
• Serve as the company's senior regional expert on pension and retirement
matters, advising executive leadership on plan design, funding strategies,
regulatory developments, and emerging market trends.
• Oversee a diverse portfolio of retirement programs, including defined
contribution, legacy defined benefit, hybrid, and statutory pension
arrangements where applicable.
• Partner closely with Finance, Treasury, Legal, Tax, Procurement, and external
advisors to manage pension risks, optimize plan performance, and ensure
strong fiduciary governance.
• Develop multi-year retirement strategies that balance employee retirement
readiness, market competitiveness, financial risk management, and cost
effectiveness.
• Lead pension governance committees and support Board, Trustee, and fiduciary
meetings, ensuring appropriate oversight, decision-making, and documentation.
• Monitor pension funding levels, investment performance, actuarial valuations,
and financial exposures, providing insights and recommendations to senior
leadership.
• Direct relationships with pension trustees, investment managers, actuaries,
administrators, consultants, and regulatory bodies to ensure effective plan
management and accountability.
• Evaluate opportunities to modernize retirement offerings through plan
redesign, harmonization initiatives, vendor changes, and implementation of
innovative retirement solutions.
• Ensure compliance with local pension regulations, fiduciary obligations,
governance requirements, and evolving legislative frameworks across all
countries within the region.
• Support mergers, acquisitions, divestitures, and organizational restructuring
activities by assessing pension implications, liabilities, integration
requirements, and potential risks.
• Identify and execute opportunities to improve operational efficiency, reduce
administrative complexity, and manage long-term pension costs while
maintaining a competitive employee value proposition.
• Establish metrics and reporting frameworks to monitor retirement program
effectiveness, participation, employee outcomes, governance compliance, and
return on investment.
Medical & Health Benefits
• Oversee regional medical, wellness, life, disability, and other
health-related benefit programs.
• Develop innovative solutions that support employee well-being while balancing
affordability and business sustainability.
• Evaluate utilization trends, claims experience, and market developments to
recommend design enhancements and cost-management strategies.
• Ensure programs meet local statutory requirements and align with company
standards.
Vendor Management
• Lead relationships with insurers, brokers, consultants, administrators, and
other benefit service providers.
• Establish performance metrics, service-level agreements, and governance
frameworks to ensure service excellence.
• Conduct periodic vendor reviews, renegotiations, and procurement activities
to maximize value and control costs.
• Manage complex regional RFPs and vendor transitions.
Financial Management & Cost Efficiency
• Develop and manage regional benefits budgets.
• Identify and implement opportunities for cost optimization, process
improvement, and operational efficiency.
• Analyze financial and utilization data to support forecasting, planning, and
investment decisions.
• Deliver measurable savings while maintaining market competitiveness and
employee satisfaction.
Team Leadership & Development
• Lead, coach, and develop a high-performing regional benefits team.
• Foster a culture of accountability, collaboration, continuous learning, and
customer service excellence.
• Build organizational capability through succession planning, mentoring, and
development opportunities.
• Establish clear goals, priorities, and performance expectations.
Compliance & Risk Management
• Ensure compliance with all applicable legal, regulatory, tax, and governance
requirements across Europe and META.
• Monitor legislative changes and assess potential impacts on benefit programs.
• Partner with Legal, HR, Finance, and Compliance teams to manage
benefit-related risks and maintain strong governance practices.
• Support audits and regulatory reviews as required.
Stakeholder Partnership
• Collaborate closely with HR Business Partners, regional leadership teams,
Finance, Legal, Procurement, and external advisors.
• Present benefit strategies, business cases, and program results to senior
leaders.
• Drive effective communication and change-management efforts related to
benefit initiatives.
Act as the regional subject matter expert on benefits and retirement programs.
QUALIFICATIONS
Qualifications:
• Bachelor’s degree in Human Resources, Business Administration, Finance, or a
related field; Master’s degree preferred.
* 10+ years of progressive experience in benefits, retirement, pension, or
Total Rewards leadership roles.
• Significant experience managing benefits programs across multiple European
countries and the META region.
• Deep knowledge of pension and defined contribution retirement plans,
healthcare programs, and vendor management.
• Demonstrated success leading complex regional projects and transformations.
• Strong analytical, financial, and strategic planning capabilities.
• Experience managing and developing professional teams.
• Excellent communication, influencing, and stakeholder management skills.
• Fluency in English is required; proficiency in additional European languages
is a plus.
• Strong project management skills with the ability to manage multiple
priorities in a fast-paced environment.
• High level of integrity, professionalism, and discretion in handling
confidential information.
What We Offer:
• Competitive
salary and benefits package.
• Opportunities for professional growth and development within a global
organization.
• A dynamic and inclusive work environment that values diversity and
collaboration.
• The chance to make a significant impact on the company's success and employee
satisfaction.
Honeywell is an Equal Opportunity Employer. We celebrate diversity and are
committed to creating an inclusive environment for all employees.
Honeywell Technologies is a global, pure-play automation company with a legacy
of innovating to help solve the world’s most mission-critical challenges,
enhancing the quality of life for people and communities around the world. We
serve the building, industrial and process sectors with a broad portfolio of
services, solutions and products, underpinned by our Honeywell Technologies
Accelerator operating system and Honeywell Technologies Forge intelligence
layer. By combining the deep domain expertise of our more than 50,000 employees
with decades of data from our global installed base, we are uniquely positioned
to lead the industrial sector’s transition from automation to autonomy.