Associate Manager II

3 weeks ago

Bengaluru, India Navi Full time

About Navi


Navi is one of the fastest-growing financial services companies in India providing Personal & Home Loans, UPI, Insurance, Mutual Funds, and Gold. Navi's mission is to deliver digital-first financial products that are simple, accessible, and affordable. Drawing on our in-house AI/ML capabilities, technology, and product expertise, Navi is dedicated to building delightful customer experiences.


Founders: Sachin Bansal & Ankit Agarwal


Know what makes you a “Navi_ite” :

1.Perseverance, Passion and Commitment

  • Passionate about Navi’s mission and vision
  • Demonstrates dedication, perseverance and high ownership
  • Goes above and beyond by taking on additional responsibilities

2.Obsession with high quality results

  • Consistently creates value for the customers and stakeholders through high quality outcomes
  • Ensuring excellence in all aspects of work
  • Efficiently manages time, prioritizes tasks, and achieves higher standards


3.Resilience and Adaptability

  • Adapts quickly to new roles, responsibilities, and changing circumstances, showing resilience and agility


Responsibilities :


  • Collaborate closely with the Talent Acquisition team to support compensation fitments for new hire offers, maintaining internal and external pay parity.
  • Provide role and city-wise hiring ranges to enhance recruitment effectiveness.
  • Facilitate internal talent movements across entities and teams, ensuring equitable compensation transitions.
  • Work collaboratively with relevant stakeholders to develop compensation scenarios for annual salary increments, ensuring alignment with internal budgets and market benchmarks.
  • Present organization-wide compensation benchmarking analysis and gap reports, incorporating suitable comparator baskets across entities.
  • Interface with external vendors to participate in C&B surveys, facilitating benchmarking of company positions and benefits.
  • Provide industry insights with an outside-in perspective to inform compensation strategies.
  • Administer the implementation of approved compensation changes.
  • Collaborate with finance, tax, legal, and local HR payroll teams to ensure compliance with local laws and regulations related to payroll, compensation, and benefits programs
  • Design and deliver education and training programs to managers and HR partners on compensation and benefits programs, merit processes, bonuses, and other C&B-related topics.
  • Foster an understanding of the organization's total rewards philosophy and its connection to employee performance and satisfaction.


What we are looking for :


  • MBA / PGDBM (Preferably in Human Resources)
  • 3-5 years of experience in the field of HR (With at least 2 years of Core Compensation Administration exp.)
  • Proficient in independently conducting market benchmarking exercises with external vendors
  • Strong Analytical Skills: Ability to analyze data, think logically, and comfortable working with numbers and statistics
  • Excellent Communication Skills: Both written and oral, with the ability to collaborate effectively with stakeholders from diverse backgrounds
  • Maturity and Conflict Resolution: Ability to handle conflict resolution and engage in tough conversations.
  • High Integrity and Ownership: Demonstrates a strong sense of integrity and takes ownership of responsibilities.
  • Innovative Thinking: Ability to think outside the box and address unstructured problem statements confidently.
  • Proficient in MS Office suite and google sheets

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