Compensation Specialist, Management

We, at Bharti Axa life Insurance are looking for a dynamic professional to join our fast growing organization as part of our "Compensation and Benefit" Team.

Main Purpose of the job :
We are seeking a strategic and analytical  Senior Manager of Compensation & Benefits  to lead our Executive Rewards and Long-Term Incentive (LTI) programs. Transitioning from a top-tier consulting background, you will bring a rigorous, data-driven approach to designing competitive pay structures that align executive performance with our long-term business goals in the life insurance sector.
This role is pivotal in ensuring our leadership compensation is market-aligned, compliant with regulatory standards, and effective in driving shareholder value.

Job responsibilities:

Executive Rewards:  Design, implement, and manage executive compensation programs, including base salary structures, Short-Term Incentives (STI), and Long-Term Incentives (LTI).
LTI Management:  Lead the end-to-end administration of LTI plans (Stock Options, RSUs, or Performance Shares), including grant modeling, vesting schedules, and tracking performance metrics.
Regulatory Compliance:  Ensure all executive pay programs comply with insurance industry regulations, tax laws, and corporate governance standards.
Benchmarking & Analytics:  Conduct deep-dive competitive pay analysis using specialized executive surveys. Translate complex data into clear, actionable reports for senior stakeholders.
Communication:  Draft communication materials, including Board decks, offer packages for senior hires, and annual proxy statement disclosures.

Qualification:

Background:  3–4 years of dedicated experience in  Rewards Consulting . This is a mandatory requirement.
Expertise:  Proven track record in designing  Executive Rewards  and  LTI frameworks .
Analytical Rigor:  Advanced Excel and financial modelling skills. You should be comfortable simulating payout scenarios and impact assessments.
Communication:  Ability to influence C-suite stakeholders and present complex technical information in a simplified manner.

Education:

MBA or Master’s degree in HR, Finance, or a related quantitative field.