Manager/Senior Manager - Compensation & Benefits - Insurance

Job opening for HR Manager/ Senior Manager - Compensation and Benefits (Indian/Corporate) with a leading Financial/Insurance company based in Gurgaon location.

KEY RESPONSIBILITIES:

a) Compensation Implement Incentive schemes for various channels Compensation administration during increments and bonus cycle. Primary checks on data. Ensure timely payouts as per the process

b) Streamlining and managing the promotion Process: Work closely with patch owners & business HR to streamline the process Roll out the new process & measure the effectiveness

c) Responsible for Compensation Town Hall Presentation

d) Performance Management:

- Facilitate goal setting process for all levels

- Finalise goal sheet templates for all positions & channels Timely uploading of templates on the system Implement Performance Management Plan for the organization

- Analysis of PMS data through prescribed sanity check Resolution of employee queries from all patches Coordinate with IT to ensure smooth functioning of system Revisit goal sheet templates to ensure alignment with business.

e) Senior Leadership Team:

- Responsible for projects related to Senior Leadership Team such as : MDRs/Developments Plans/ Performance Management/ Bonus Letters / 360 degree Feedback.

f) Cost Management:

- In partnership with Finance prepare monthly dashboard

- Track key projects aligned with cost savings areas identified Share MIS / dashboard with HRLT and business HR Summary dashboards for key business heads

g) Annual manpower planning :

- Partner with business HR to create the annual budget including manpower requirement and associated costs

- Provide regular dashboards to track plan vs actual

- Ensure that all hiring etc is within agreed budget

MBA in HR - Full Time is mandatory.

If interested, kindly apply or call at 0120 4781330.