Max Life Insurance Company Limited | Senior Manager
3 weeks ago
Job Summary:
Responsible for design & implementation of total rewards philosophy in line with organizational strategy. Support the function in specific areas including salary design and benchmarking, performance management, policies and benefits review, employee recognition initiatives, rewards and recognition, and extend support to functional projects across the portfolio
Key Responsibilities/ Key Deliverables:
External Competitiveness:
Researching and analyzing compensation and benefits offered by other employers in the same sector or in the target sector
Undertaking job evaluations to ensure that the differences in pay between those doing different jobs within the organization are fair
Appreciate the influence of technology & current trend in Comp & Benefits
Lead different HR Projects (beyond Total Rewards)
Lead audit requirements across various audits taking place internally and externally
Salary & Benefits Administration:
Evaluate the basic compensation structures in the organization (grading system, job evaluation system, job description policy, promotion policy etc.) aligned with the organization culture and the values. Designs and communicates different compensation and benefits policies. Monitors the organization’s salary structure and benefits provision to ensure a balance between control of costs and attracting and retaining staff.
Leads and coordinates compensation processes like the annual salary planning, bonus planning and incentive schemes development.
Streamline and manage the monthly promotion process, related payroll inputs, recognition awards.
Responsible for projects related to sales incentives programs for different audiences – design to delivery.
Performance Management & Analytics:
Drive Performance Management Process for the organization: Analysis of PMS data in line with company philosophy, resolution of employee queries from all businesses and spear-heading change / key recommendations with the business HR team.
Reviewing promotion and pay for efficient employee engagement by performance management in collaboration with business
Finalize goal sheet templates for all positions to ensure alignment with the business. Driving calibration of ratings during cycles and ensuring feedback process is driven and communicated across the organization
Liaison with digital team and HR shared services team to ensure smooth functioning of systems
Policy and Benefits design:
Developing/ refreshing and implementing policy and benefit programs, ensuring that these are current and competitive and in line with legal requirements. Making recommendations on changes to benefits programs and insurance schemes.
Researching and analyzing policies and benefits offered by other employers in the same sector or in the target sector
Supporting policy communication programs/ HRBP queries and other exception requirements from time to time.
Business Partnering:
Work closely with HR business heads, HR business partners, business heads to identify and address compensation issues, and evangelize Total Compensation philosophy, strongly linked to pay for performance and support it by effective communication to drive the change
Job Specifications:
- Management graduate with 3 to 6 years of relevant experience in Total Rewards function
- Good understanding of the principles and practices of total rewards systems
- Strong analytical, problem-solving skills and quantitative skills
- Highly detail driven with emphasis on accuracy, coupled with the ability to see the broader/big picture.
- Knowledge of Hay Job Evaluation framework
- Strong project management skills and ability to manage multiple projects and priorities at once
- Ability to create tools and models to interpret and analyze data
- Comfortable working in a highly matrixed environment.
- Should be able to understand the nuances of diverse businesses units and able to develop solutions
- Significant interaction with senior level members in the Talent team and business leaders
- Strong Presentation and communication skills
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gurugram, India Max Life Insurance Company Limited Full timeMax Life InsuranceEstablished in year 2000, Max Life Insurance is currently 4th largest private life insurer and the largest non-bank life insurer in India. It is subsidiary of the publicly listed Max Financial Services Limited and joint venture between Max India Ltd and Axis Bank. The Company has more than 40 Lakh customers, with gross written premium of...
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gurugram, India Max Life Insurance Company Limited Full timeMax Life Insurance Established in year 2000, Max Life Insurance is currently 4th largest private life insurer and the largest non-bank life insurer in India. It is subsidiary of the publicly listed Max Financial Services Limited and joint venture between Max India Ltd and Axis Bank. The Company has more than 40 Lakh customers, with gross written premium of...
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gurugram, India Max Life Insurance Company Limited Full timeMax Life InsuranceEstablished in year 2000, Max Life Insurance is currently 4th largest private life insurer and the largest non-bank life insurer in India. It is subsidiary of the publicly listed Max Financial Services Limited and joint venture between Max India Ltd and Axis Bank. The Company has more than 40 Lakh customers, with gross written premium of...
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gurugram, India Max Life Insurance Company Limited Full timeMax Life Insurance Established in year 2000, Max Life Insurance is currently 4th largest private life insurer and the largest non-bank life insurer in India. It is subsidiary of the publicly listed Max Financial Services Limited and joint venture between Max India Ltd and Axis Bank. The Company has more than 40 Lakh customers, with gross written premium of...
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gurugram, India Max Life Insurance Company Limited Full timeAbout Max Life Insurance:Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group, an Indian multi business corporation.Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multichannel distribution...
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gurugram, India Max Life Insurance Company Limited Full timeAbout Max Life Insurance: Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of the Max Group, an Indian multi business corporation. Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multichannel...
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gurugram, India Max Life Insurance Company Limited Full timeAbout Max Life AI Works Max Life Insurance, one of the leading life insurers and the largest non-bank owned private life insurer in India. The Company has more than 40 Lakh customers, 17,79,409 Crores of sum assured and presence with 304 offices in 140+ cities across India. Max Life is consistently ranked within top 50 on the ‘100 Best Companies to Work...
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gurugram, India Max Life Insurance Company Limited Full timeAbout Max Life AI Works Max Life Insurance, one of the leading life insurers and the largest non-bank owned private life insurer in India. The Company has more than 40 Lakh customers, 17,79,409 Crores of sum assured and presence with 304 offices in 140+ cities across India. Max Life is consistently ranked within top 50 on the ‘100 Best Companies to Work...
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gurugram, India Max Life Insurance Company Limited Full timeAbout Max Life AI Works Max Life Insurance one of the leading life insurers and the largest non-bank owned private life insurer in India. The Company has more than 40 Lakh customers, 17,79,409 Crores of sum assured and presence with 304 offices in 140+ cities across India. Max Life is consistently ranked within top 50 on the ‘100 Best Companies to Work...
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gurugram, India Max Life Insurance Company Limited Full timeAbout Max Life AI Works Max Life Insurance one of the leading life insurers and the largest non-bank owned private life insurer in India. The Company has more than 40 Lakh customers, 17,79,409 Crores of sum assured and presence with 304 offices in 140+ cities across India. Max Life is consistently ranked within top 50 on the ‘100 Best Companies to Work for...
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gurugram, India Max Life Insurance Company Limited Full timeKEY RESPONSIBILITIESStrategic support to function heads on key projects/journeys in the area of customer service, engagement and fulfillmentWork with function heads to own specific initiatives and work with CFTs to deliver theseGive CX perspective on key customer journeysManagement of communication related issues, DNPS, service recovery and NPS...
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gurugram, India Max Life Insurance Company Limited Full timeKEY RESPONSIBILITIES Strategic support to function heads on key projects/journeys in the area of customer service, engagement and fulfillment Work with function heads to own specific initiatives and work with CFTs to deliver these Give CX perspective on key customer journeys Management of communication related issues, DNPS, service recovery and NPS...
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gurugram, India Max Life Insurance Company Limited Full timeAt Max Life Insurance, we are seeking dynamic and experienced HR IT Program Leader to lead and oversee the implementation and management of HR technology solutions across the organization. The ideal candidate will have a deep understanding of HR systems and processes, coupled with strong project management skills to deliver seamless technology solutions that...
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gurugram, India Max Life Insurance Company Limited Full timeAt Max Life Insurance, we are seeking dynamic and experienced HR IT Program Leader to lead and oversee the implementation and management of HR technology solutions across the organization. The ideal candidate will have a deep understanding of HR systems and processes, coupled with strong project management skills to deliver seamless technology solutions that...
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gurugram, India Max Life Insurance Company Limited Full timeJob Summary: The role rolls up to the corporate strategy team, and will be primarily responsible to identify, diagnose design, detail, execute and project manage initiatives in the different areas in the organization. The person will responsible for working with and/ or leading cross functional teams across the distribution, digital and operational...
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gurugram, India Max Life Insurance Company Limited Full timeJob Summary: The role rolls up to the corporate strategy team, and will be primarily responsible to identify, diagnose design, detail, execute and project manage initiatives in the different areas in the organization. The person will responsible for working with and/ or leading cross functional teams across the distribution, digital and operational...
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gurugram, India Max Life Insurance Company Limited Full timeJob Summary:The role rolls up to the corporate strategy team, and will be primarily responsible to identify, diagnose design, detail, execute and project manage initiatives in the different areas in the organization. The person will responsible for working with and/ or leading cross functional teams across the distribution, digital and operational functions...
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gurugram, India Max Life Insurance Company Limited Full timeJob Responsibilities - Responsible for Managing Technology related projectsWould be responsible for implementing technology initiatives for the training teamSpearheading LMS (Learning Management System) project- Manage end-to-end TMS implementation alongside IT and vendor team working with the Program Management office to ensure adherence to implementation...
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Max Life Insurance Company Limited | AVP
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gurugram, India Max Life Insurance Company Limited Full timeJOB SUMMARY:As Product Engineering lead for Integration Platforms & Testing CoE, you will be responsible to manage the Grow, Transform and Sustain operations for Max Life’s mission critical systems i.e. SOA based APIs, microservices, event-driven & real-time streaming patterns etc. across a hybrid & mutli-cloud landscape. You will work with Digital...
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Max Life Insurance Company Limited | AVP
1 month ago
gurugram, India Max Life Insurance Company Limited Full timeJOB SUMMARY: As Product Engineering lead for Integration Platforms & Testing CoE, you will be responsible to manage the Grow, Transform and Sustain operations for Max Life’s mission critical systems i.e. SOA based APIs, microservices, event-driven & real-time streaming patterns etc. across a hybrid & mutli-cloud landscape. You will work with Digital...
