Description:

Job Title: Senior Talent Acquisition Specialist

Location: Mumbai, Maharashtra

Experience: 3+ Years

Department: Human Resources

Employment Type: Full-time, On-site

About Magma General Insurance Limited:

Magma General Insurance Limited (formerly Magma HDI General Insurance Company) is a fast-growing general insurance provider dedicated to protecting individuals, families, and businesses with innovative insurance solutions.

With a strong presence across India, the company offers a wide range of products including:

- Health, Motor, Property & Liability

- Rural Insurance

- Customized Commercial Insurance Solutions

- Driven by a culture of agility, integrity, and empowerment, Magma General Insurance is committed to digital innovation, service excellence, and building high-performing teams that fuel organizational success.

Role Overview:

- The Senior Talent Acquisition Specialist will be responsible for driving end-to-end recruitment for assigned verticals.

- This role requires a strategic recruiter with strong sourcing capabilities, stakeholder management skills, and experience managing hiring in dynamic environments such as insurance, BFSI, or financial services.

- The candidate will manage mid to senior-level hiring mandates and support talent planning initiatives.

Key Responsibilities:

End-to-End Recruitment:

- Manage the complete hiring lifecycle: requirement gathering, sourcing, screening, interviewing, and offer closure.

- Create high-quality job briefs aligned with business needs.

- Ensure timely closures within agreed SLAs while delivering an excellent candidate experience.

Talent Pipeline & Sourcing Strategy:

- Build and nurture strong talent pipelines through proactive and diversified sourcing.

- Utilize job portals, social media, internal databases, referrals, professional networks, and headhunting.

- Develop sourcing strategies for specialized insurance roles: underwriting, claims, sales, product, actuarial, risk, operations, and technology.

Campus Hiring & Early Talent Programs:

- Manage end-to-end campus hiring for management trainees, graduate trainees, and entry-level roles.

- Build and maintain relationships with educational institutions to develop early talent pipelines.

Market Intelligence:

- Conduct research on talent availability, compensation benchmarks, and competitor hiring trends.

- Share insights with business leaders and align hiring strategies with organizational goals.

Stakeholder Management:

- Act as a strategic HR partner to regional and vertical leaders.

- Participate in workforce planning and hiring strategy discussions.

- Provide transparent updates on recruitment status, challenges, and metrics.

Recruitment Operations & Compliance:

- Maintain recruitment dashboards, analytics, and cost-per-hire metrics.

- Ensure adherence to HR policies, documentation standards, and audit requirements.

- Collaborate with TA leadership to improve recruitment tools, systems, and processes.

Employee Retention & Attrition Analysis:

- Analyze exit trends and support HRBPs with attrition action planning.

- Provide insights to address hiring gaps and workforce challenges.

Special Projects:

- Contribute to initiatives related to employer branding, HR process improvements, digital HR transformation, and diversity hiring.

- Support continuous improvement efforts to enhance the candidate experience.

Skills & Competencies:

Technical & Functional Skills:

- Strong knowledge of full-cycle recruitment, sourcing techniques, and assessment methods.

- Experience with Applicant Tracking Systems (ATS) and HRMS platforms.

- Ability to analyze recruitment metrics and provide actionable insights.

- Experience with campus hiring (preferred).

- Familiarity with BFSI and Insurance industry hiring trends.

Behavioral Competencies:

- Excellent stakeholder and relationship management skills.

- Strong business acumen and strategic thinking.

- High ownership, accountability, and problem-solving mindset.

- Strong communication, negotiation, and interpersonal skills.

- Ability to multitask and thrive in a fast-paced environment.

- Positive, proactive, and collaborative approach to work.

Qualifications:

- Bachelors or Masters degree in Human Resources, Business Administration, Psychology, or related field.

- Minimum 3+ years of experience in Talent Acquisition, preferably in Insurance, BFSI, Fintech, or similar industries.

- Proven experience in mid to senior-level hiring and partnering with business leaders