Global Compensation and Benefits Manager

A successful C&B Expert at Fiserv will play a pivotal role in shaping the organization's compensation and benefits practices. This key position requires an individual with expertise in designing compensation structures, determining salary structures, and managing annual salary revision exercises.

The ideal candidate should have strong analytical skills to analyze market data, identify trends, and make informed decisions. Additionally, they should be able to drive Compensation and best-in-class benefits practices under the supervision of the Total Rewards Leader.

• Monitoring the organization's Compensation structure and maintaining balance between compliance, control of costs, and attracting and retaining staff.
• Developing and executing technology roadmaps for Market Intelligence & Annual Planning and the Total Rewards CoE.
• Performing quantitative and qualitative data analysis of key market intelligence indicators and interlocking with stakeholders to support actionable market intelligence.
• Maintaining enterprise-level focus on compensation management activities while understanding unique characteristics of state entities with various missions.
• Consulting with and educating Sr. Leaders and managers on the Fiserv Compensation philosophy, policies, and structures.
• Researching and analyzing market data to develop compensation structures and conducting ad-hoc analysis for business leaders on key skills or talent.
• Supporting the work of HR professionals within the CoE and developing a truly global Fiserv HR organization delivering clients and communities.
• Undertaking job evaluations to ensure fair differences in pay between those doing different jobs within the organization.

Fiserv India is seeking a highly skilled Benefits Manager to lead the development and implementation of its health and mental wellbeing policies and programs. The ideal candidate should have prior experience in people leadership, benefits portfolio management, and project management.

Key responsibilities include:

• Defining problem statements, goal setting, performance management, escalation management, and coaching/mentoring the operations team across health, wellbeing, and operations functions.
• Working closely with Fiserv India senior leadership, HR, HQ Benefits, and Wellbeing teams to build consensus and support for the India Health and Wellbeing Strategy.
• Communicating and branding all associate benefits effectively.
• Driving insurance renewal for the Fiserv India entity.
• Developing approaches for administering health and wellbeing programs for Fiserv India in collaboration with local and global teams.
• Drives vendor market intelligence across the broader benefits portfolio and helps optimize ROI.
• Managing multiple vendors/services contracts and renewal.
• Leads the internal governance of functional metrics and health/insurance dashboards.
• Drives the finalization of annual Fiserv India engagement calendar in partnership with site excellence and enables implementation of events in conjunction with the global and India team.
• Works with Leaders, HRBPs, Talent Acquisition, and the leadership team to communicate and amplify Fiserv India's Benefits philosophy and educate team members on the value of Total Rewards.
• Manages and monitors health and wellbeing budgets and insurance.

To excel in this role, you should possess:

• 10-12 years of experience in Compensation & Benefits.
• An experienced graduate in any discipline or MBA Finance/Human Resources.
• Prior experience in people leadership with expertise in benefits portfolio management, preferably from a technology, technology-enabled, e-commerce organization or broker industries.
• Deep expertise in budgeting, vendor assessment, data requirement gathering, project management, and process design/governance.
• A strong network of peers in competitor organizations.
• Awareness of market landscape and practices specifically in health and mental wellbeing.
• Strong presentation skills and communication are desirable.
• Able to handle large size data in Excel.
• Must be able to conduct yourself professionally in dealing with highly sensitive information.
• Time management and analytical skills.
• Utilize strong organizational skills to establish a plan, define objectives, set deliverables/timelines, and implement quality standards.
• Past experience in matrix organization or corporate office will be preferred.