jobseeker Logo
Now Apply on the Go!
Download iimjobs Jobseeker App and get a seamless experience for your job-hunting
08/08 Shailendra Saini
Principal Consultant at Talent Leads Consultants

Views:2334 Applications:122 Rec. Actions:Recruiter Actions:108

Senior Manager/Assistant Vice President - Compensation & Benefits - Life Insurance (5-8 yrs)

Mumbai Job Code: 730024

Only Male Candidate is required

KEY RESPONSIBILITIES :

Strategic Priorities :

- Plan and design the company's rewards philosophy

- Analyse and evaluate external market data, develop salary budgets and forecasts that are consistent with the Organisation strategy.

- Implement rewards and benefits policy and evaluate effectiveness of the programs

- Lead and Implement Job Evaluation for the organization.

Implement and Manage :

- Initiate participation in Compensation Benchmarking and Benefits surveys.

- Lead the annual pay review and bonus disbursement process as per the annual budgets.

- Ensure compensation data accuracy across HRIS Platforms.

- Manage Executive compensation, Expatriate Compensation, salary structuring, retirement plans, salary administration and incentives

- Manage HR Operations like HR Analytics, Exit Management & HR Dashboards.

Adherence to Statutory Compliance :

- Ensure compliance of benefits policy with local regulatory reporting requirements.

- Ensure Statutory Compliances for the organization.

Other Key Responsibilities :

- Select, and manage ongoing relationships with, external consultants and suppliers (e.g., insurance carriers, benefit providers)

- Planning and execution of a special project given by the management

Women-friendly workplace:

Maternity and Paternity Benefits

Add a note
Something suspicious? Report this job posting.