AVP - Compensation & Benefits - Insurance

Job Type - Permanent

Job Description :

- We are on the hunt for a diligent AVP - Compensation & Benefits to oversee and manage our human resources department in the insurance industry, particularly life insurance.

Client Details:

This opening is from a large organisation that has made significant strides in the life insurance sector in India. With a robust portfolio of insurance products and a widespread network, the company is committed to serving the financial needs of its customers.

Description:

- Design, implement and manage salary structure and benefits packages.

- Analyze compensation policies for internal equity, external competitiveness, and legal compliance.

- Coordinate annual compensation processes like the salary review and bonus cycle.

- Work closely with HR and Finance departments to forecast budget for salary increases.

- Develop and implement strategies to improve employee retention.

- Ensure compensation and benefits standards comply with company policies and/or other regulations or legislation.

Profile:

A successful AVP - Compensation & Benefits should have:

- An advanced degree in Human Resources or related field.

- Proven experience in managing compensation and benefits for a large organisation.

- Strong understanding of HR practices and compensation cycle management.

- Outstanding knowledge of data analysis and performance/operation metrics.

- Exceptional leadership abilities with great problem-solving capacity.

Job Offer:

- A competitive salary package within the range of 10% above and below the industry average.

- A substantial holiday leave policy to ensure work-life balance.

- An inclusive, supportive and collaborative company culture.

- Unique opportunities for personal growth and career advancement in the insurance industry.