Total Rewards- APAC

1 day ago


Hyderabad, Telangana, India Verisk Full time ₹ 15,00,000 - ₹ 20,00,000 per year

Summary

This role develops, manages, and implements regional and country Total Rewards plans, policies, and processes to ensure local fit of global programs, develop solutions for region/country-specific plans, optimize processes and vendors, and ensure alignment with global Total Rewards principles. This role will take the lead in deploying total rewards solutions working closely with multi-region and global leads and country/BU HR Business Partners in APAC. Total Reward programs includes compensation (for example: base pay, incentives, recognition, career framework), and benefits (for example: health, retirement, well-being, absence). The person in this role is business savvy, has a strong understanding of benefits theory, design, processes, and compliance, and a solid understanding of compensation key practices with a keen interest in understanding and communicating data, as well as developing models that support recommended approaches. This person must have the ability to balance multiple priorities, have analytical rigor, project management, and superior communication skills. Attention to detail is critical. Reports to the AVP Total Rewards

Key Activities

Compensation

  • Partner with HR and business leaders to deliver market-competitive compensation programs.
  • Manage annual salary review, bonus, and long-term incentive processes in APAC.
  • Conduct market benchmarking and job evaluations to ensure alignment with business needs.
  • Provide compensation consulting support for hiring, promotions, and retention cases.
  • Monitor external market trends and provide insights on competitive pay practices.

Benefits

  • Design and manage regional benefits programs (medical, insurance, retirement, wellness, etc.), ensuring compliance with local regulations.
  • Partner with global and local vendors/brokers to negotiate cost-effective, high-value benefits solutions.
  • Drive employee communication and education on benefits programs to enhance employee experience.
  • Lead benefits renewals and manage relationships with third-party providers.

Total Rewards Strategy & Projects

  • Act as a regional subject matter expert to local HR teams on total rewards.
  • Support global rewards projects and adapt them for APAC (job architecture, leveling, pay ranges, equity programs).
  • Contribute to M&A due diligence and integration activities within the region.
  • Identify opportunities for process improvement and digital enablement in rewards.

Governance & Compliance

  • Ensure all compensation and benefits programs meet legal and regulatory requirements across APAC countries.
  • Support audits and reporting requirements related to compensation and benefits.
  • Maintain up-to-date knowledge of legislative changes impacting rewards.
  • Ensure compliance and rigor in controls and governance; oversee end-to-end processes to optimize the employee experience and drive efficiency
  • Actively manage and monitor total reward program financials and utilization to ensure they are operating as desired and on budget; collaborate with Finance, as necessary
  • Develop functional requirements to design or improve upon total rewards related plans and processes; create and deliver associated training including tools and templates for regional/country application
  • Act as the primary liaison for Total Rewards subject matter experts, HR stakeholders, HR Operations, and third-party providers to ensure deployment of solutions
  • Participate in and oversee the delivery of mergers and acquisitions, including side-by-side rewards program comparisons and implementation of transition activities, as appropriate

Key Capabilities

  • Manipulate and analyze large data sets to distill insights and convey findings
  • Communication of reward strategy outcomes in written and oral formats
  • Ability to work independently and demonstrated ability to quickly assess and resolve issues, while translating complex information into understandable terms
  • Lead teams, develop program plans, identify and mitigate risk
  • Self-starter with demonstrated ability to prioritize and handle multiple tasks and projects simultaneously
  • Demonstrated ability to effectively present information and respond to queries in a clear and concise manner
  • Ability to analyze situations, generate alternatives and make sound recommendations to management

Key Experience & Skills

  • Bachelors degree in HR, Business, Finance, or related field (Master's preferred).
  • 5–10 years of progressive experience in compensation and benefits, preferably with regional APAC scope.
  • Strong knowledge of APAC labor laws, statutory benefits, and regulatory frameworks.
  • Experience in multinational organizations with matrix reporting.
  • Strong analytical and project management skills, with proficiency in Excel and HRIS (Workday, SuccessFactors, or similar).
  • Excellent communication and stakeholder management skills, with cultural sensitivity across diverse APAC markets.
  • Must possess significant interpersonal and communication skills and is a team player who proactively seeks to find solutions
  • Advanced qualitative, quantitative, analytical and project management skills


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