Reward Manager

Job Opportunity

We are seeking an experienced Compensation and Benefits Specialist to join our team. As a key member of our organization, you will be responsible for designing compensation structures, determining salary ranges, managing annual salary revisions, communicating compensation programs to employees and management, monitoring the compensation program, and making changes as needed.

This role requires driving compensation and benefits practices that are best-in-class, under the supervision of the Total Rewards Leader. The successful candidate will work on various projects, including developing and executing a technology roadmap for Market Intelligence & Annual Planning and the Total Rewards CoE.

The ideal candidate will have experience in people leadership, benefits portfolio management, and budgeting. They will also have expertise in data analysis, project management, and process design. Strong communication and presentation skills are desirable.

Responsibilities:

• Monitor the organization's compensation structure and balance compliance, cost control, and staff attraction/retention.
• Member of the project team responsible for developing and executing the technology roadmap for Market Intelligence & Annual Planning and the Total Rewards CoE.
• Perform quantitative and qualitative data analysis of key market intelligence indicators (via dashboards design including predictive analytics) and interlock with stakeholders to support actionable market intelligence.
• Maintain enterprise-level focus on compensation management activities while understanding unique characteristics of state entities with a wide variety of missions.
• Consult with and educate Sr. Leaders and managers on the Fiserv Compensation philosophy, policies, and structures.
• Research and analyze market data to develop compensation structures.
• Support the work of HR professionals within the CoE and the development of a truly global Fiserv HR organization delivering clients and communities.
• Undertake job evaluations to ensure fairness in pay differences between jobs within the organization.
• May prepare RFPs and shortlist vendors. Responsible for timely completion of appraisal cycle/revision cycle.

Benefits Highlights

• Drive wellbeing and Benefits / rewards operations professionals to enable the development and successful implementation of Fiserv India Health and Mental Wellbeing policies and programs conceptualized in conjunction and partnership with the local and global and Benefits teams.
• Responsible for defining problem statements, goal setting, performance management, escalation management, and coaching/mentoring the operations team across the health, wellbeing, and operations functions.
• Works closely with Fiserv India 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 all associate benefits.
• Driving insurance renewal for the Fiserv India entity.
• Develops the approach for administering health and wellbeing programs for Fiserv India in India in collaboration with local and global teams.
• Drives vendor market intelligence across the broader benefits portfolio & helps the organization optimize ROI.
• Managing multiple vendors/services contracts & 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 the events in conjunction with the global and India team.
• Works with Leaders, HRBPs, Talent Acquisition, and the leadership team to effectively communicate/amplify Fiserv India's Benefits philosophy and educate team members on the value of Total Rewards in partnership with communications.
• Manages and monitors health and wellbeing budgets and insurance.
• Owns and drives company-wide special projects aligned to team/organizational needs.