Waters Corporation
EMEA Principal Benefits Analyst
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EMEA Principal Benefits Analyst
About the Role
The EMEA Principal Benefits Analyst is a senior-level individual contributor responsible for the design, governance, analysis, and optimization of employee benefit programs across the EMEA region.
This subject-matter expert ensures programs are compliant, competitive, cost-effective, and aligned with the company’s global Total Rewards strategy while addressing diverse country-specific requirements.
The role partners closely with HR, Finance, Legal, Payroll, external brokers, and vendors, providing strategic guidance to business leaders on benefits decisions impacting talent attraction, retention, and wellbeing across EMEA.
Responsibilities
Strategic Benefits Design & Governance
- Lead the evaluation, design, and ongoing management of EMEA benefit programs, including:
- Health
- Retirement
- Life insurance
- Disability
- Wellness
- Statutory benefits
- Ensure global benefits strategy alignment while respecting local market practices and cultural norms
- Act as the EMEA benefits subject-matter expert, advising HR leadership and business stakeholders on program strategy and impact
- Support harmonization and standardization initiatives, balancing efficiency with local requirements
- Lead or contribute to cross-functional projects, such as:
- Benefits harmonization
- M&A integration
- New country set-ups
- Global vendor transitions
Compliance & Risk Management
- Monitor and ensure compliance with country-specific labor laws, tax regulations, data privacy (e.g., GDPR), and statutory benefit requirements
- Partner with Legal and external advisors to assess regulatory changes and recommend proactive program updates
- Support audits, contractual reviews, and governance documentation related to benefits programs
Vendor & Broker Management
- Manage relationships with:
- Regional and country-level brokers
- Insurers
- Benefits vendors
- Lead or support:
- RFPs (Request for Proposals)
- Renewals
- Vendor performance reviews
- Analyze vendor proposals and recommend selections based on:
- Cost
- Coverage
- Service quality
- Employee experience
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Financial Analysis & Cost Management
- Conduct detailed:
- Cost modeling
- Trend analysis
- Forecasting for EMEA benefit programs
- Identify opportunities for cost optimization without compromising employee value
- Partner with Finance on:
- Budget planning
- Accruals
- Benefits-related financial reporting
Employee Experience & Communication
- Collaborate with HR partners to ensure benefits programs are:
- Clearly communicated
- Locally relevant
- Easy for employees to understand
- Support annual enrollment processes, including:
- System configuration requirements
- Vendor coordination
- Issue resolution
- Analyze employee feedback and utilization data to recommend enhancements
Qualifications
Education
- Bachelor’s degree in Human Resources, Business, Finance, Economics, or a related field
Experience
- 8+ years of progressive experience in benefits, with significant EMEA exposure
- Strong knowledge of:
- EMEA statutory and market practices, including:
- Pensions
- Healthcare systems
- Social security frameworks
- EMEA statutory and market practices, including:
- Experience supporting multiple EMEA countries (e.g., UK, Ireland, Germany, France, Nordics, Benelux, Middle East)
- Familiarity with multinational or matrixed organizations
Preferred Qualifications
- Advanced degree or professional certification (e.g., CEBS, CIPD, GRP)
- Experience with:
- Global benefits platforms
- HRIS or SuccessFactors integrations
- Prior involvement in:
- M&A
- Global benefits harmonization
- Vendor consolidation projects
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Key Competencies
- Deep analytical and financial modeling skills
- Strong stakeholder management and influencing abilities
- Exceptional attention to detail and risk awareness
- Ability to balance strategic thinking with hands-on execution
- Cross-cultural communication skills
- Comfortable working independently as a trusted expert
Travel Requirement
- <10% (unless travel is integral to project delivery)
Benefits & Development
In addition to a competitive salary, Waters offers: ✔ Flexible working arrangements ✔ 25 days holiday ✔ Attractive employer pension contribution ✔ Life assurance ✔ Income protection ✔ Private medical benefits ✔ Ongoing opportunities for growth, development, and contribution
Company Description
Waters Corporation (NYSE:WAT) is a global leader in life sciences and diagnostics, dedicated to accelerating scientific breakthroughs that improve lives worldwide. Through innovative analytical technologies, informatics, and services, Waters supports high-volume testing environments to:
- Advance effective, high-quality medicines
- Ensure food and water safety
- Detect diseases earlier
- Combat antibiotic resistance
With a shared culture of relentless innovation and ~16,000 engaged colleagues, Waters empowers teams to turn scientific challenges into impactful solutions.
Diversity and inclusion are at the core of Waters’ values, aligning with our commitment to excellence in products, customers, and communities. The company complies with all labor laws and embraces equality in hiring, considering qualified candidates regardless of protected characteristics.
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