Deputy Manager

3 weeks ago


Gurugram, India Canara HSBC Life Insurance Full time
  • To support the execution of compensation and benefits programs, assist in benchmarking exercises, and contribute to performance management and compliance activities
  • Support design of HR Policies, Rewards and Recognition Schemes and various other compensation initiatives under due guidance of the Manager & Function Head
  • Support evaluation of the organization's compensation programs, including base pay, incentive pay, health and welfare benefits, and retirement benefits.
  • Support execution of various projects under the C&B domain such as compensation bench-marking surveys, annual increment cycles, performance bonuses, sales incentives, etc
  • Assist in annual pay review and salary benchmarking exercises | Coordinate with external partners for compensation surveys | Prepare and maintain compensation data and reports | Support the rollout of appraisal letters and increment communications | Assist in annual job matching exercise | Providing monthly CPP & IJP increments to BHR team
  • Support goal setting and evaluation cycles | Administer PMS tools and resolve employee queries | Managing employee & other stakeholder queries and providing timely resolution | Assist in closure of performance cycles and reporting
  • End to End administration of salary & benefits under Manager guidance | Ensuring timely Payroll processing, Salary reimbursements & variable payouts | Ensuring all the payment such as bonus etc. happens post IRDAI approval | Monthly sign off from taxation team | Assist in preparation of Form C and other regulatory filings


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