# Lead - Total Rewards & Performance

**Company**: Prudential
**Location**: Mumbai
**Experience**: senior
**Job type**: full-time
**Category**: HR
**Industry**: Finance

**Apply**: https://prudential.wd3.myworkdayjobs.com/en-US/prudential/job/Mumbai/Lead--Total-Rewards---Performance_25010424?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_485f45a3-8ea

## Description

Prudential Health India is a Zero to One team undertaking a no-legacy, greenfield health insurance deployment in India, building journeys that truly empathize with the customer and offer a differentiated experience.

As a Lead - Total Rewards & Performance, you will be responsible for implementing and managing Prudential Group Reward practices in the context of India's talent.

**Responsibilities:**

- Performance Management:

- Implement "PruPerform" in India SAHI to ensure Organization goals are aligned to individual goals

- Train and support managers to effectively manage and evaluate performance

- Compensation & Benefits Management:

- Conduct regular Compensation and benefits benchmarking with competition

- Oversee Employee benefits programs like Insurance offerings, policies, and wellness initiatives

- Design and support administration of executive compensation framework

- Governance & Budget oversight:

- Ensure all compensation and benefits programs comply with local Labour laws and regulations

- Manage the Rewards budget and provide regular financial analysis and reporting

- Job Analysis & Evaluation:

- Ensure Job Evaluation exercise to determine relative and fair value of different roles

- Work closely with Business leaders to conduct regular job analysis and design

- Collaboration & Communication:

- Align with leaders to effectively communicate and implement compensation policies and practices

- Communicate group announcements and conduct trainings

**Requirements:**

- Master's degree in human resources and/or a professional certification related to the field

- Minimum of 5 years of overall HR experience, at least 3 years in corporate rewards or reward consulting role

- Strong knowledge of compensation principles, market trends, regulatory requirements, and best practices

- Experience in BFSI or Insurance domain to design and drive initiatives for retail or frontline sales will be a plus

## Skills

### Required
- compensation and benefits
- performance management
- HR
- reward practices
- labour laws and regulations

### Nice to have
- BFSI
- Insurance domain
- reward consulting

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Source: [Apply at prudential.wd3.myworkdayjobs.com](https://prudential.wd3.myworkdayjobs.com/en-US/prudential/job/Mumbai/Lead--Total-Rewards---Performance_25010424?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)