Magma HDI General Insurance

Title: Senior Talent Acquisition SpecialistLocation: Mumbai, MaharashtraExperience: 3+ YearsDepartment: Human ResourcesEmployment Type: Full-time, On-siteAbout Magma General Insurance Limited:Magma General Insurance Limited (formerly Magma HDI General Insurance Company) is a fast-growing general insurance provider dedicated to protecting individuals, families, and businesses with innovative insurance solutions.With a strong presence across India, the company offers a wide range of products including:- Health, Motor, Property & Liability- Rural Insurance- Customized Commercial Insurance Solutions- Driven by a culture of agility, integrity, and empowerment, Magma General Insurance is committed to digital innovation, service excellence, and building high-performing teams that fuel organizational success.Role Overview:- The Senior Talent Acquisition Specialist will be responsible for driving end-to-end recruitment for assigned verticals.- This role requires a strategic recruiter with strong sourcing capabilities, stakeholder management skills, and experience managing hiring in dynamic environments such as insurance, BFSI, or financial services.- The candidate will manage mid to senior-level hiring mandates and support talent planning initiatives.Key Recruitment:- Manage the complete hiring lifecycle: requirement gathering, sourcing, screening, interviewing, and offer closure.- Create high-quality job briefs aligned with business needs.- Ensure timely closures within agreed SLAs while delivering an excellent candidate experience.Talent Pipeline & Sourcing Strategy:- Build and nurture strong talent pipelines through proactive and diversified sourcing.- Utilize job portals, social media, internal databases, referrals, professional networks, and headhunting.- Develop sourcing strategies for specialized insurance roles: underwriting, claims, sales, product, actuarial, risk, operations, and technology.Campus Hiring & Early Talent Programs:- Manage end-to-end campus hiring for management trainees, graduate trainees, and entry-level roles.- Build and maintain relationships with educational institutions to develop early talent pipelines.Market Intelligence:- Conduct research on talent availability, compensation benchmarks, and competitor hiring trends.- Share insights with business leaders and align hiring strategies with organizational goals.Stakeholder Management:- Act as a strategic HR partner to regional and vertical leaders.- Participate in workforce planning and hiring strategy discussions.- Provide transparent updates on recruitment status, challenges, and metrics.Recruitment Operations & Compliance:- Maintain recruitment dashboards, analytics, and cost-per-hire metrics.- Ensure adherence to HR policies, documentation standards, and audit requirements.- Collaborate with TA leadership to improve recruitment tools, systems, and processes.Employee Retention & Attrition Analysis:- Analyze exit trends and support HRBPs with attrition action planning.- Provide insights to address hiring gaps and workforce challenges.Special Projects:- Contribute to initiatives related to employer branding, HR process improvements, digital HR transformation, and diversity hiring.- Support continuous improvement efforts to enhance the candidate experience.Skills & Competencies:Technical & Functional Skills:- Strong knowledge of full-cycle recruitment, sourcing techniques, and assessment methods.- Experience with Applicant Tracking Systems (ATS) and HRMS platforms.- Ability to analyze recruitment metrics and provide actionable insights.- Experience with campus hiring (preferred).- Familiarity with BFSI and Insurance industry hiring trends.Behavioral Competencies:- Excellent stakeholder and relationship management skills.- Strong business acumen and strategic thinking.- High ownership, accountability, and problem-solving mindset.- Strong communication, negotiation, and interpersonal skills.- Ability to multitask and thrive in a fast-paced environment.- Positive, proactive, and collaborative approach to Bachelors or Masters degree in Human Resources, Business Administration, Psychology, or related field.- Minimum 3+ years of experience in Talent Acquisition, preferably in Insurance, BFSI, Fintech, or similar industries.- Proven experience in mid to senior-level hiring and partnering with business leaders (ref:iimjobs.com)