Compensation and Benefits Expert
4 days ago
This role is responsible for aligning compensation and benefits practices with the overall HR and organizational philosophy.
Key Responsibilities- Maintaining a balance between compliance, cost control, and attracting/retaining staff in the organization's compensation structure.
- Developing and executing technology roadmaps for market intelligence and annual planning within the Total Rewards Center of Excellence.
- Analyzing key market intelligence indicators through data analysis and dashboards design, including predictive analytics, to support actionable insights.
- Focusing on enterprise-level compensation management activities while understanding unique characteristics of state entities.
- Consulting with senior leaders and managers on Fiserv Compensation philosophy, policies, and structures.
- Researching market data to develop compensation structures and providing ad-hoc analysis for business leaders on key skills or talent.
- Supporting HR professionals within the CoE and developing a global Fiserv HR organization delivering value to clients and communities.
- Conducting job evaluations to ensure fair pay differences between jobs within the organization.
- 10-12 years of experience in Compensation & Benefits.
- Graduate degree in any discipline or MBA Finance/HR.
- Prior people leadership experience with expertise in benefits portfolio management, preferably from a tech-enabled organization.
- Deep knowledge of 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 in health and mental wellbeing.
- Strong presentation and communication skills.
- Ability to handle large datasets in Excel.
- Professionalism in handling sensitive information.
- Time management and analytical skills.
- Organizational skills to establish plans, define objectives, set deliverables/timelines, and implement quality standards.
- Driving wellbeing and benefits operations professionals to develop and implement Fiserv India Health and Mental Wellbeing policies and programs.
- Defining problem statements, goal setting, performance management, escalation management, and coaching/mentoring the operations team.
- Working closely with senior leadership, HR, HQ Benefits, and Wellbeing teams to build consensus and support for the India Health and Wellbeing Strategy.
- Focusing on communication and branding of associate benefits.
- Driving insurance renewal for the Fiserv India entity.
- Developing approaches for administering health and wellbeing programs 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.
- Leading internal governance of functional metrics and health/insurance dashboards.
- Driving the finalization of annual Fiserv India engagement calendar in partnership with site excellence.
- Working with leaders, HRBPs, Talent Acquisition, and the leadership team to communicate/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.
- Owning and driving company-wide special projects aligned to team/organizational needs.
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