Benefits and Compensation Expert

1 day ago

Pune, Maharashtra, India beBeeBenefits Full time ₹ 15,00,000 - ₹ 20,00,000
Compensation and Benefits Specialist

This is a challenging role for an experienced professional in employee benefits and wellbeing program administration. The successful candidate will be responsible for ensuring our compensation and benefits programs meet the needs of our diverse workforce, supporting our mission to align financial services with the way people live and work today.

About the Role

The Compensation and Benefits Specialist will play a key part in fostering a culture of balance and transformation, ensuring our associates are rewarded, recognized, and cared for effectively. This crucial role helps maintain our position as an industry leader and an employer of choice.

Key Responsibilities
  • Develop and implement comprehensive compensation plans in alignment with organizational goals
  • Researching and analyzing market data to use for developing compensation structures
  • Design and administer comprehensive employee benefits & wellness programs to address Insurance, health, wellbeing, and financial security needs
  • Evaluate and enhance Wellbeing initiatives to promote a healthy work environment and improve employee engagement
  • Analyze benefits policies, government regulations, and market trends to develop competitive benefits and wellbeing strategies
  • Responsible for driving increased adoption of benefits & wellness programs at Fiserv including coordination with external consultants, owning employee communications, interfacing with external vendors etc
  • Measure and analyze key data trends and drive strategic insights based on benefits utilization data and market trends
  • Lead vendor management and negotiations related to Insurance, benefits and Wellbeing programs
Requirements
  • 10+ years of experience in employee benefits and Wellbeing program administration
  • ~5+ years of experience in compensation planning and program development
  • ~8+ years of experience in benefits data analysis and benchmarking
  • ~8+ years of experience in salary surveys and compensation data analysis and modeling
  • ~ Bachelor's degree in human resources, Business Administration, or an equivalent combination of education, work, and/or military experience
  • 10+ years of experience in a corporate, global environment
  • ~ 8+ years of experience in leading large-scale benefits and Wellbeing projects
  • ~ Advanced proficiency in Microsoft Excel and data visualization tools
  • ~ Experience with statistical analysis and financial modeling techniques
We Offer
  • A dynamic and supportive work environment
  • Opportunities for career growth and development
  • Competitive salary and benefits package

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