Max Life Insurance - Senior Manager - Total Rewards & Analytics

Job Description:

Salary & Benefits Administration:

- Monitors the organization's salary structure and benefits provision to ensure a balance between control of costs and attracting and retaining staff.

- Leads and coordinates compensation processes like the annual salary planning, bonus planning and incentive schemes development.

- Streamline and manage the monthly promotion process, related payroll inputs, recognition awards.

Performance Management:

- Implement Performance Management Plan for the organization: Analysis of PMS data in line with company philosophy, through prescribed sanity check, Resolution of employee queries from all businesses and spear-heading change / key recommendations with the business HR team and business heads.

Facilitate goal setting process for all levels:

- Finalize goal sheet templates for all positions to ensure alignment with the business, Timely uploading of templates on the system.

- Coordinate with IT to ensure smooth functioning of system

Analytics:

- Design and development of core reporting suite, subsequently manage the regular reporting

- Manage complex customer work requests

- Dedicated project support where critical business outcome identified

Business Partnership:

- Work closely with HR business heads, HR business partners, business heads for creating a compelling Total Compensation plan, strongly linked to pay for performance and support it by effective communication to drive the change.

- Work closely with business HR and co-create career progression plans.

- Prepare change communication materials and lead/co-facilitate sessions on C&B topics (pay-mix training, etc)

Budgets & Cost Management:

- In partnership with Finance, prepare and administer annual budgets, develop monthly governance, track key projects aligned with cost savings areas identified.

- Share MIS / dashboard with HRLT and business HR. Summary dashboards for key business heads.

External Competitiveness:

- Researching and analyzing salary rates and benefits offered by other employers in the same sector or in the target sector.

- Coordinating job evaluations to ensure that the differences in pay between those doing different jobs within the organization are fair.

- Appreciate the influence of technology & current trend in Comp & Ben

- Responsible for projects related to Comp revision, LTI program creation and Bonus payouts.

Desired qualification and experience:

- Management graduate with 6-8 years of HR experience

- C&B operations experience (single cycle or more) is a must

- HR Analytics working experience with independent handling of projects, combined with knowledge of tools and technologies is highly preferred.

Key competencies/skills required:

- Analytical skills and process orientation

- Sound Presentation and communication skills

- Sound Project management skills.

- Ability to think design, planning and budgeting

- Strong relationship, networking and influencing skills

- Ability to think creatively

- Ability to work on multiple projects with simultaneous deadlines.

- Result Orientation

- Team Player