Head of Global Benefits and Retirement Savings Programs at PartnerRE Ltd. | CA | Rezi

Head of Global Benefits and Retirement Savings Programs at PartnerRE Ltd.

Head of Global Benefits and Retirement Savings Programs

PartnerRE Ltd. · CA

Today

Head of Global Benefits and Retirement Savings Programs

PartnerRE Ltd. · CA

17 hours ago
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About the Role

PartnerRe is seeking a highly experienced and commercially astute Head of Global Benefits & Retirement Savings Programs to provide strategic leadership and governance for the Company's global benefits portfolio, supporting approximately 1,400 employees across more than 13 countries. This position provides strategic ownership of PartnerRe's global benefits and retirement programs, ensuring they remain competitive, compliant, well-governed, and financially sustainable. Through expert stewardship of program design, governance, compliance, and vendor partnerships, the role will help deliver a compelling employee experience while supporting the Company's long-term business and talent strategy.

Responsibilities

  • Develop and maintain PartnerRe's global benefits strategy, philosophy, and governance framework.
  • Shape a globally consistent benefits strategy that remains market-competitive and locally relevant.
  • Lead the design, review, and ongoing optimization of health and welfare programs, retirement savings and pension arrangements, wellness and wellbeing initiatives, and leave-related benefits.
  • Evaluate market trends, employee needs, and emerging practices to identify opportunities for enhancement.
  • Develop business cases and recommendations for benefit program investments, changes, and vendor decisions.
  • Advance PartnerRe’s employee value proposition through competitive, meaningful, and financially sustainable benefits programs.
  • Provide strategic oversight of all retirement savings and pension programs globally.
  • Manage retirement savings and pension arrangements globally, ensuring effective oversight and alignment with local requirements.
  • Lead retirement plan compliance reviews, regulatory filings, audits, and trustee activities.
  • Monitor legislative and regulatory developments and assess implications for existing programs.
  • Partner with Legal, Finance, Payroll, Tax, and external advisors to support effective retirement plan management.
  • Establish and maintain a robust framework for benefits compliance, controls, and risk management.
  • Ensure the global benefits & retirement savings portfolio operates in accordance with applicable legal, regulatory, and fiduciary requirements.
  • Maintain oversight of benefit policies, controls, documentation, and audit readiness.
  • Identify and mitigate operational, financial, regulatory, and fiduciary risks across benefit programs.
  • Support internal audits, regulatory reviews, and external compliance assessments.
  • Monitor the overall health and effectiveness of benefit programs, ensuring issues and risks are proactively addressed.
  • Serve as the global relationship owner for all benefits-related external partners.
  • Develop and execute global vendor and carrier management strategies.
  • Lead annual renewal processes across all jurisdictions and benefit programs.
  • Act as the Company's lead negotiator in discussions with carriers, retirement providers, brokers, and consultants.
  • Negotiate premiums, fees, contractual terms, service-level agreements, and performance guarantees.
  • Lead requests for proposal (RFPs), market reviews, provider selections, and vendor transitions.
  • Challenge providers and intermediaries to ensure competitive pricing, strong service delivery, and innovative solutions.
  • Partner with Finance and Procurement to strengthen commercial governance and vendor accountability.
  • Establish performance metrics and governance processes to monitor service quality and value delivered by vendors.
  • Provide senior leadership with recommendations regarding provider performance, market competitiveness, and cost management.
  • Oversee open enrollment activities, partnering with Country Leads, Payroll, vendors, and communications teams.
  • Serve as the senior benefits advisor to HR leadership, Finance, Legal, Payroll, Procurement, and business leaders globally.
  • Provide direction and support to Country Leads and local HR teams who deliver employee-facing benefits administration.
  • Provide expert guidance on complex benefits, retirement, governance, compliance, and risk-related matters.
  • Serve as the escalation point for complex or technical benefits issues.
  • Support business initiatives including acquisitions, organizational changes, and integrations.
  • Present strategic recommendations, governance updates, and market insights to senior leadership.
  • Establish metrics and reporting to evaluate program effectiveness, competitiveness, and financial performance.
  • Conduct periodic benchmarking and market reviews to ensure programs remain competitive.
  • Monitor healthcare cost trends, retirement plan participation, vendor performance, and emerging risks.
  • Deliver executive-level insights and recommendations to support informed decision-making.
  • Identify and implement opportunities to improve program effectiveness, operational efficiency, and employee value.

Requirements

  • 10+ years of progressive experience in employee benefits, pensions, retirement savings programs, total rewards, or a related discipline.
  • Significant experience managing complex regional or global benefits programs.
  • Deep expertise in health and welfare benefits design, governance, and administration.
  • Strong knowledge of retirement savings plans, pension arrangements, fiduciary responsibilities, and regulatory compliance requirements.
  • Demonstrated experience negotiating with insurance carriers, retirement providers, brokers, consultants, and third-party administrators.
  • Experience leading provider selection processes, market reviews, contract negotiations, and benefit program renewals.
  • Strong commercial, financial, analytical, and risk management skills.
  • Exceptional stakeholder management and influencing capabilities.
  • Strong communication and presentation skills, including the ability to engage effectively with senior leaders and external partners.
  • Experience supporting employee populations across North America and Europe.
  • Familiarity with both defined contribution and defined benefit retirement arrangements.
  • Experience managing audits, governance committees, compliance reviews, and regulatory reporting obligations.
  • Professional designations or qualifications related to benefits, pensions, insurance, actuarial science, finance, law, or human resources.
  • Experience operating within financial services, insurance, reinsurance, or other highly regulated industries.

Skills

  • Global benefits strategy
  • Program design
  • Governance framework
  • Market competitiveness analysis
  • Regulatory compliance
  • Financial management
  • Risk management
  • Vendor management
  • Carrier management
  • Broker management
  • Negotiation
  • Stakeholder management
  • Influencing
  • Communication
  • Presentation
  • Commercial acumen
  • Financial acumen
  • Analytical skills
  • Retirement plan management
  • Health and welfare benefits
  • Wellbeing initiatives
  • Employee support services
  • Open enrollment
  • Benchmarking
  • Data analysis

Location

  • Toronto

Work Type

  • Hybrid

Experience Level

  • 10+ years of progressive experience

Salary/Compensations

  • CAD $125,000 - 175,000 per year

Benefits

  • Medical coverage
  • Dental coverage
  • Vision coverage
  • Health spending account
  • Defined contribution pension plan
  • Life insurance
  • Short-term disability coverage
  • Long-term disability coverage
  • Annual incentive program

About the Company

  • PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.
  • Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society.
  • To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.
  • Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger.
  • Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success.

Equal Opportunity

  • PartnerRe is an equal opportunities employer.
  • PartnerRe is committed to an inclusive, accessible recruitment experience. Reasonable accommodations for candidates with disabilities are available upon request throughout the hiring process.