Canara HSBC Life Insurance | AVP/ Senior Manager – Compensation
1 month ago
- Conceptualize and design HR Policies, Rewards and Recognition Schemes and various other compensation & benefits initiatives under due guidance of the Manager & Function Head
- Design, implementation, and ongoing evaluation of the organization's compensation and benefits programs, including base pay, incentive pay, health and welfare benefits, and retirement benefits.
- Work with senior management to ensure that compensation and benefits programs support the organization's business objectives and meet all legal requirements.
- Develop compensation and benefits budget for assigned areas
- Lead various projects under the C&B domain such as compensation bench-marking surveys, annual increment cycles, performance bonuses, sales incentives, etc.
- Monitor & govern the bi-annual performance management activities compliance
- Develop a comprehensive policy framework covering all elements of an employee life-cycle
Compensation
Annual Pay review\ JE and salary benchmarking | Ensure external competitiveness of compensation by benchmarking the same with the identified comparator basket through the identified partner | Design, obtain recommendations & approvals from stakeholders to execute the annual compensation review process | Assist in annual job matching exercise | Managing & closing C&B benchmark surveys with the identified partner | Analyzing the reports and maintaining documentation and share with ExCo member as per relevance | Annual Appraisal Letters preparation & rollout | Providing monthly CPP & IJP increments to BHR team
Benefits
Manage End to end Employee Insurances (GMC, GPA, GTL) | Car Lease Program Management & Vendor liaison | Manage end to end annual Executive Health Check for Employees Pan India | Wellness Initiatives | Governance for Club Membership for SMT | End to end
Performance Management
Driving Goal Setting & Goal evaluation exercise for H1 & H2 | Administering PMS module for Zing HR | Managing employee & other stakeholder queries and providing timely resolution | Periodic assessment of PMS process for enhancement | Assist Function Heads in PMS Cycle closure | Drive Goal Setting for the leadership group
CEO Compensation Management
End to End administration of salary & benefits | 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 | Preparation of Form C & other documents for filing with IRDAI
IRDAI Compliance
Managing IRDAI regulatory requirements related to CEO & KMP | IRDAI compliances sign off monitoring through CMT | Bi Annual compliance audit | HR Monthly sign off sheet | Liaison with compliance team for various regulatory requirements | Handling KMP form-1 & form-2
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gurugram, India Canara HSBC Life Insurance Full timeConceptualize and design HR Policies, Rewards and Recognition Schemes and various other compensation & benefits initiatives under due guidance of the Manager & Function Head Design, implementation, and ongoing evaluation of the organization's compensation and benefits programs, including base pay, incentive pay, health and welfare benefits, and retirement...
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gurugram, India Canara HSBC Life Insurance Full timeConceptualize and design HR Policies, Rewards and Recognition Schemes and various other compensation & benefits initiatives under due guidance of the Manager & Function Head Design, implementation, and ongoing evaluation of the organization's compensation and benefits programs, including base pay, incentive pay, health and welfare benefits, and retirement...
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gurugram, India Canara HSBC Life Insurance Full timeD - Consultant Compliance Qualification :- CA (Chartered Accountant) Experience: - 0 to 1 Years Job Responsibility:- 1. Review of advertisements2. Regulatory Reporting3. Product review4. Analyze and disseminate new regulations/exposure drafts to the respective functions5. Ensure timely implementation of the new regulations6. To do Compliance Risk...
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gurugram, India Canara HSBC Life Insurance Full timeD - Consultant Compliance Qualification :- CA (Chartered Accountant) Experience: - 0 to 1 Years Job Responsibility:- 1. Review of advertisements 2. Regulatory Reporting 3. Product review 4. Analyze and disseminate new regulations/exposure drafts to the respective functions 5. Ensure timely implementation of the new regulations 6. To do Compliance...
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gurugram, India Canara HSBC Life Insurance Full timeKey Result Areas / Activities :Impact on the Business / Function :Underwriting insurance proposals with accuracy and meet the desired productivity levelsBy underwriting and providing assistance in underwriting complex medical cases and HNI (High Net worth Individual cases) cases.By ensuring quality check on underwriting decisions, documentation and system...
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AVP/ Senior Manager – Compensation
1 month ago
Gurugram, India Canara HSBC Life Insurance Full timeConceptualize and design HR Policies, Rewards and Recognition Schemes and various other compensation & benefits initiatives under due guidance of the Manager & Function HeadDesign, implementation, and ongoing evaluation of the organization's compensation and benefits programs, including base pay, incentive pay, health and welfare benefits, and retirement...
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AVP/ Senior Manager – Compensation
1 month ago
Gurugram, India Canara HSBC Life Insurance Full timeConceptualize and design HR Policies, Rewards and Recognition Schemes and various other compensation & benefits initiatives under due guidance of the Manager & Function HeadDesign, implementation, and ongoing evaluation of the organization's compensation and benefits programs, including base pay, incentive pay, health and welfare benefits, and retirement...
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gurugram, India Canara HSBC Life Insurance Full timeBy technical assistance to team and sales in all complex and High Sum Assured proposals, risk identification and extra premium estimation.By doing reinstatement underwriting of Lapsed cases forwarded by policy servicing team.By underwriting and providing assistance in underwriting complex medical cases and HNI (High Net worth Individual cases) cases.By...
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gurugram, India Canara HSBC Life Insurance Full timeWork closely with Product team and develop compelling positioning and messaging to differentiate our products in the market.Develop and implement marketing strategies aligned with the company’s overall business objectives.Manage and optimize web journeys across all digital touchpoints, including website, mobile app, and social media platforms.Conduct...
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gurugram, India Canara HSBC Life Insurance Full timeWork closely with Product team and develop compelling positioning and messaging to differentiate our products in the market. Develop and implement marketing strategies aligned with the company’s overall business objectives. Manage and optimize web journeys across all digital touchpoints, including website, mobile app, and social media platforms. Conduct...
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