AVP - Compensation & Benefits - Insurance Firm

Industry - Insurance

Category - HR

Job Type - Permanent

Job Description - This role is part of the compensation and benefits team of an insurance organisation

Client Details: The client is a leading insurance player

Description:

- Ensure all the eligible employees are Goal are set in the system

- Ensure all the eligible employees & their L1 managers complete the Mid Year Performance Review assessment in the system

- Employee self assessment, Manager assessment and Reviewer assessment to be completed in the system by 15th March 2025

- Prepare and maintain Merit Increment, Salary Correction & Performance bonus calculation Appraisal Master File

- Keep a track of rating, promotion & salary correction recommendation of line manager, HOD's and Final changes recommended by Moderation Committee

- Prepare increment letters and ensure to roll-out in ekam share payroll input for payout basis finalisation of the merit process final master file

- Participate and complete Annual salary bench-marking with the consultant (Aon / Deloitte)

- Fill & share HCM Trend survey data to get the complimentary report

- Ensure to review & approve all the new hire offer in the EKAM system

- Publish a report on a ongoing basis about the offer trend and deviation identified

- On an ongoing basis analyse & review compensation / wage bill movements

- Take a lead and work on various Comp Projects like sales incentive, productivity, Process improvement etc.

- Prepare ESOP Grant letter for T band & other employees

- Manage & Support in all of the ESOP related activities in system as well as offline (Preparing Grant, Exercise, Sale data)

Profile:

- The ideal candidate should ome with relevant compensation and beenfits expereince. Exposure to insurance industry will be a plus.

Job Offer:

- The opportunity to be a part of a dynamic team in a leading insurance organisation

- To apply online please click the 'Apply' button below. For a confidential discussion about this role please contact Prachi Priyadarshini on +91 22 6903 6505.

Contact - Prachi Priyadarshini - +91 22 6903 6505

The Apply Button will redirect you to website. Please apply there as well.