Job Description
Job Title
Senior Rewards & Performance Expert (m/f/d)
About the Job
We are seeking a highly experienced and dedicated Senior Rewards & Performance Expert to join and lead our Local Talent Performance & Reward Team in the People Function. As a senior member of this team, you will play a crucial role in shaping and executing our local performance management, compensation planning and employee rewards and recognition strategies. This position offers a unique opportunity to lead impactful projects and collaborate with professionals across the organization.
What you do
- Work in collaboration with Talent Performance & Reward Global team to drive compensation and performance management initiatives for the Indian Hub.
- Actively participate, on a need basis, in global Performance & Rewards projects.
- Develop and manage performance management systems and processes. Facilitate training and communication to ensure effective implementation and understanding of performance management tools.
- Analyze data related to compensation and performance metrics to provide insights and recommendations for continuous improvement.
- Ensure the global rewards and performance framework is applied locally, adapting compensation and performance management processes to local requirements while maintaining consistency, fairness, and compliance with global standards.
- Explore new tools and practices to enhance efficiency in the Rewards & Performance function (e.g. GenAI, automation) and participate in / lead ad hoc projects, perform independent in-depth analysis and present findings to senior management.
- Design and lead the implementation of local benefits in line with market practices and emerging trends, while ensuring alignment with the global framework.
- Assist with the preparation of annual performance and compensation review cycle as well as ongoing support related to all governance related topics.
- Provide expert guidance and support to HR business partners and senior leadership on all matters related to rewards and performance management.
What you bring
- Minimum of 7 years of experience in compensation, benefits and performance management, with deep technical expertise in core Compensation processes and Benefits relevant to local Indian market (including but not limited to life insurance, health insurance, retirals, benefits in kind, etc.)
- Solid understanding of Indian labor codes/reforms and impact on compensation/benefits revision
- Bachelor's or master's degree in Business Administration, Human Resources, Economics, or a related field.
- Strong analytical skills (and advanced level MS Excel skills) with the ability to interpret complex data from various sources and draw meaningful conclusions.
- Ability to use good judgment, be discreet and highly trustworthy, and demonstrate ethical conduct along with high level of integrity and demonstrated ability to manage confidential and sensitive information.
- Proven experience in implementing global programs and adapting them to local contexts.
- Excellent project management and organizational skills, with the ability to manage multiple priorities simultaneously.
- Exceptional communication and consultative skills, both written and verbal, with the ability to effectively collaborate with stakeholders at all levels in a global setting.
- Fluent in English (verbal and written)
- Understanding of AI tools and a willingness to embrace it as a working partner in day-to-day activities.
What we offer
- We offer a hybrid work model which recognizes the value of striking a balance between in-person collaboration and remote working incl. up to 25 days per year working from abroad.
- We believe in rewarding performance and our compensation and benefits package includes a company bonus scheme, pension, employee shares program and multiple employee discounts (details vary by location).
- From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.
- Flexible working, health and wellbeing offers (including healthcare and parental leave benefits) support to balance family and career and help our people return from career breaks with experience that nothing else can teach.
Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.
We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.
We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.
Join us. Let's care for tomorrow.
Note: Diversity of minds is an integral part of Allianz’ company culture. One means to achieve diverse teams is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company encourages its employees to have motivation in gaining varied skills from different positions and to collect experiences from across Allianz Group.