AVP - Compensation & Benefits | Insurance

2 weeks ago

Mumbai, India Michael Page Full time
Client is a leading player in the insurance industryStrategic role

About Our Client

This opening is from a large organisation that has made significant strides in the life insurance sector in India. With a robust portfolio of insurance products and a widespread network, the company is committed to serving the financial needs of its customers.

Job Description

Design, implement and manage salary structure and benefits packages.Analyze compensation policies for internal equity, external competitiveness, and legal compliance.Coordinate annual compensation processes like the salary review and bonus cycle.Work closely with HR and Finance departments to forecast budget for salary increases.Develop and implement strategies to improve employee retention.Ensure compensation and benefits standards comply with company policies and/or other regulations or legislation.

The Successful Applicant

A successful AVP - Compensation & Benefits should have:

An advanced degree in Human Resources or related field.Proven experience in managing compensation and benefits for a large organisation.Strong understanding of HR practices and compensation cycle management.Outstanding knowledge of data analysis and performance/operation metrics.Exceptional leadership abilities with great problem-solving capacity.

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