Head - Total Rewards/HR Operations & Payroll - Insurance

About the client:

- Company Name: CONFIDETIAL

- Industries: Pharmaceutical & Life Sciences

- Company Type: Public

- Headquarter Location: Bangalore

- Nature of Offering: Product

- Founding Year: 2000

- No of Employees: 501-1000

Head - Total Rewards, HR Operations & Payroll

Our Client - A leading Insurance Player - is looking to hire a Head - Total Rewards, HROps & Payroll candidate with 12-15 Years of experience in the Insurance or BFSI Space. Candidate should have end to end experience in managing C&B, PMS, HRMS, HROps an Payroll.

Rewards:

- Design & review compensation philosophy of the organisation

- Benchmark salaries of all employees with the help of empanelled vendors

- Provide analysis of the report basis the benchmark of the salaries

- Manage annual compensation and review process for all employees which includes processing increments, variable pay & promotions.

- Staying abreast with market trends to ensure industry best practices are implemented within the organisation.

- Support in preparation of necessary documents for NRC

- Handling employee queries towards compensation

- Forecast manpower budget including different scenarios & continuous monitoring of the same.

Shared Services (HR Ops) :

- Automation of existing HR processes through embedded HRMS

- Ensure 100% statutory & regulatory compliance in HR processes.

- Manage timely & accurate payroll of all employees including salaries/FNFs.

- Implement HR Analytics with effective HR metrices.

- Enhance employee experience by continuous improvement in the operations.

- Lead the Employee Onboarding process.

- Manage HR audits by providing information as per the requirement & ensuring closure towards the same.

- Support in new initiatives undertaken by HR team.