Key Responsibilities:
Conduct global benchmarking analysis across relevant peer groups, industries, and geographies
- Payroll : Manage monthly outsourced payroll ( we have a dedicated resource who will report to this person )
- Design & Deploy :
- Commission benchmarking reports
- Compensation and benefits restructuring basis market benchmarking ( reports ), IRDAI Guidelines and alignment with Group policies.
- Create proposals for leadership review
- Implement basis authorisation/approval as per protocols - this will include drafting communication and working on employee grievances/ feedback
- Compliance: Track compliance for C&B including with evolving Indian Labour Codes and update policies accordingly
- Job Architecture - Phase 2 implementation - for Compensation and talent decisions basis role descriptions ( AON model)
Eligibility:
- 7+ years experience in Compensation & Benefits or Total Rewards
- Familiarity with AON/Radford survey platforms and methodology
- Working knowledge of IRDA guidelines and Indian Labour Codes
- Strong analytical skills; comfortable working independently in a flexible, deadline-driven environment
- Prior experience in insurance/BFSI or regulated industries a plus