Total Rewards BP APAC

  • Hyderabad, Telangana
  • Permanent
  • Full-time
  • 2 days ago
Job Category: Human ResourcesJob Description: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.Responsibilities: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
Qualifications:Key Experience & Skills
  • Bachelor's 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
About Us:For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work® Certification, we've been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World's Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.We're 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.Verisk Businesses- provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision- supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences- offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient- provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.- provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance- delivers data and insights to improve the reach, timing, relevance, and compliance of every consumer engagement- offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.- provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become strongerVerisk Analytics is an equal opportunity employer.All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk's minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

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