American Express

Compensation & Benefits Analyst

Posted On

Jan. 14, 2025

Location

Gurugram, Haryana

Experience Level

Freshers/Experienced

Job Type

Permanent

Apply By

Feb. 2, 2025

Job Description

You Lead the Way. We’ve Got Your Back.

With the right backing, people and businesses have the power to progress in incredible ways. When you join Team Amex, you become part of a global and diverse community of colleagues with an unwavering commitment to back our customers, communities and each other. Here, you’ll learn and grow as we help you create a career journey that’s unique and meaningful to you with benefits, programs, and flexibility that support you personally and professionally.

At American Express, you’ll be recognized for your contributions, leadership, and impact—every colleague has the opportunity to share in the company’s success. Together, we’ll win as a team, striving to uphold our company values and powerful backing promise to provide the world’s best customer experience every day. And we’ll do it with the utmost integrity, and in an environment where everyone is seen, heard and feels like they belong.

Join Team Amex and let's lead the way together.

Compensation & Benefits Programme Management

Job responsibilities-

Continuously assess the effectiveness of the current programs managed by the function against the overall C&B strategy
Track market intelligence/trends, conducting in-depth analysis to generate trends and generate insights on ongoing basis
Provide management information to senior stakeholders on the utilization, impact and outcomes of C&B programs
Provide recommendations for benefit program changes based on the employee risk profile, business needs and market practice
Contribute towards design / revision of current programs and lead/participate in the implementation of new initiatives
Participate in global and regional C&B projects in support of our wider HR strategy

Special Projects:

Drive projects identified as a priority for the function, on an individual basis (both compensation and benefits related)
Collaborate/interface with business, teams outside C&B to drive outcomes
Manage the end-to-end, from design to delivery and change management of the identified projects

Other Support

Provide C&B guidance and advice to business leaders and HR teams to support people agenda
Provide in-market support to global C&B processes like year-end
Develop success measures and put in place metrics and measures to evaluate program outcomes and ROI
Supervise the providers who are delivering program components, including contract negotiation of program content, delivery and cost
Support in meeting compliance and regulatory requirements (internal and external) as applicable for the function, including support for closure of audit procedures

Qualifications:

Total experience of 2-3 years with at least 1-2 years of experience in handling Compensation & benefits is mandatory.
High customer focus, high responsiveness
High quality orientation. Result –oriented, with high levels of integrity
Ability to work independently, prioritization with multiple stakeholders
Exceptional relationship building and influencing skills
Experience in change-orientated, complex organization
Strong analytical and problem-solving mindset with project management experience
Deep knowledge of HR and drivers of employee engagement in India, ongoing trends in compensation and benefits space

We back our colleagues and their loved ones with benefits and programs that support their holistic well-being. That means we prioritize their physical, financial, and mental health through each stage of life. Benefits include:

Competitive base salaries
Bonus incentives
Support for financial-well-being and retirement
Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
Generous paid parental leave policies (depending on your location)
Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
Free and confidential counseling support through our Healthy Minds program
Career development and training opportunities

American Express is an equal opportunity employer and makes employment decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other status protected by law.

Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.

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