About the role

Designation - Manager - Rewards

Location-Gurgaon

Experience-8-13 Years

Our Purpose

Xceedance ( www.xceedance.com ) is a global provider of strategic consulting and managed services, technology, data sciences and blockchain solutions to insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Germany, Poland, India, and Australia, Xceedance helps insurers launch new products, drive operations, implement intelligent technology, deploy advanced analytic capabilities, and achieve business process optimization. The experienced insurance professionals at Xceedance enable insurers, reinsurers, brokers, and program administrators worldwide to enhance policyholder service, enter new markets, boost workflow productivity, and improve profitability. Xceedance has achieved phenomenal growth in the past six years — a tribute to the knowledge, scope and impact of our people around the world. Everyone is laser focused on delivering value to our customers. We are committed to the communities in which we live and work. We are driven by a culture of innovation and integrity. As a member of the Xceedance team, you can shape a fulfilling career, participate in exciting projects and impact the organization in meaningful ways. Count on strong support to develop skills, grow quickly and meet your professional aspirations. Relish working in a highly collaborative setting that features state-of- the-art resources, modern technology, and a comfortable, gratifying environment. Create solutions and fulfill your role alongside highly talented and dynamic colleagues who will motivate you to be agile and extremely productive. And enjoy the advantages of a superior benefits package.

Our Vision & Strategic Focus:

To help catalyze insurance ecosystems for the benefit of the society.

Global Insurance expertise and a customer centric approach
Vertical focused and technology enabled
Learning Organization
People – First Culture

Job Summary/ Job Opportunity :

This role is part of the People function and would be responsible for implementation of the Compensation function within the company including, but not limited to, Annual Merit Cycle, Performance Management, Salary Benchmarking, Salary Structure, Compensation Plans, Vendor management, Reporting and Data administration, and guidance to the HR and business teams. The candidate will provide support in developing policies based on long and short-term compensation strategy of the business and partner with management to drive business value. This is a highly collaborative team environment, and candidates must possess a demonstrated ability to be self-motivated and work independently with minimal direct supervision.

Position Title: Manager – Global Rewards

Location: Gurgaon

Key Objectives and Major Responsibilities:

Ensuring that the company compensation plans comply with the relevant local legislations
Support the Annual and Mid-Year Compensation planning process and related work streams. This includes design, process development, project management, and communication planning.
Manage the annual market analysis for multiple geographies, including survey participation, market pricing practices, salary structures, merit recommendations and involvement in data preparation, data analysis, development and delivery of observations, and recommendations to Business and Rewards leadership.
Champion the company's global compensation philosophy and partner across Human Resources and the business to ensure compensation programs are designed and delivered in alignment with global compensation, total rewards, and HR objectives.
Lead the benefits framework globally, working with regional HR leads across countries
Assist with ongoing Compensation and Benefits initiatives and projects and handle ad-hoc projects/ assignments as required
Support ESOP and Incentive plan administration globally

Key Capabilities and Competencies

Strong business and financial acumen, demonstrated project management skills, outstanding written and verbal communications skills
Advanced spreadsheet (Excel, Google Sheets) and strong slide show presentation skills (PowerPoint, Google Slides)
Strong analytical skills and proficiency in using compensation and HRIS systems (preferably Darwinbox) to analyze data and generate reports.
Strong verbal, written and communication skills
Thorough analysis, proactively identification and implementation of opportunities to improve the Rewards framework
Self-driven, result-oriented, structured approach
Proactive and takes initiative in seeing tasks to completion
Ability to work and perform under pressure
Ability to communicate and build partnerships with all levels of management and staff

Qualification and Experience

Graduation/ Post Graduation, preferably in Human Resources
Master's degrees or relevant certifications (e.g. CCP - Certified Compensation Professional, CBP - Certified Benefits Professional) are a plus.
8 to 12 years of post-qualification experience, with minimum 5 years of relevant experience in Rewards (focusing on compensation)
In-depth knowledge of compensation practices, job evaluation, market analysis, and regulatory requirements related to employee compensation
Knowledge of building compensation and benefits packages
Experience in international locations (US, UK, Canada, Europe and Australia), in addition to India
Knowledge of statutory compliances and labor laws related to compensation and benefits
Exposure to global business environments/ global roles/ senior stakeholders
Project management experience is desirable
Knowledge of ESOP and Sales Incentive is desirable

What We Offer You

At Xceedance, you will discover the possibility to exceed yourself and grow persistently with us. We offer career development opportunities to our members for a well-rounded development throughout their journey with us.