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Job Summary

The Senior Manager Total Rewards will lead the strategic planning development and administration of our employee benefit programs in India. This includes developing and offering employee benefit plans that are both fiscally responsible and provide excellent coverage by ensuring these programs are competitive compliant with legal requirements and aligned with Bread Financials goals. This role is pivotal in benefits strategy budget audit communications and vendor management focusing on enhancing associate well-being and maximizing benefit utilization. This position will also be responsible to the analysis design implementation and administration of competitive compensation programs that are innovative compliant and cost-effective to support the organizations business strategy.

Essential Job Functions

• Partner closely with the U.S. based Benefits Director and Senior Manager during the annual renewal planning and execution for India benefits. Partners with People and Culture teams and other stakeholders to implement program changes and new vendors. - (15%)
• Partner closely with the U.S. based Compensation Senior Director to conduct complex market evaluations provide compensation recommendations and consult on market competitiveness and internal pay equity. - (15%)
• Manage ongoing relationships with internal partners external consultants/brokers and vendor partners to ensure satisfactory service standards. Collaborates with vendor management legal and finance to evaluate - (10%)
• Manage develop and implement a comprehensive benefits strategy that aligns with company goals and enhances employee satisfaction and retention. Design access evaluate and modify benefit policies to ensure they are current and market competitive (e.g. associate surveys benchmarking etc.). - (10%)
• Develop and deliver communications to associates about benefit programs changes and enrollment process. Responsible for the execution of Open Enrollment and ongoing enrollment for new hires. - (10%)
• Work closely with HR partners and business leaders to understand their needs and provide expert advice on compensation matters. - (10%)
• Manage compensation-related projects and initiatives. - (10%)
• Leads coaches and mentors a team of compensation and benefit analysts. Manages benefit and compensation communications creates presentations and leads the team in delivering efficient and effective services. - (10%)
• Advises on employee benefit plans considering cost compliance and quality. Ensures legal compliance of benefits offerings - (5%)
• Oversee the creation and maintenance of salary structures ensuring they meet market standards and organizational needs. - (5%)

Minimum Qualifications

• Bachelors Degree In Human Resources Finance or Business or related field of study or equivalent relevant work experience
• 10 years experience in Benefits and Compensation
• 5 years direct leadership experience

Preferred Qualifications

• Masters Degree In Human Resources Finance or Business
• Certified Benefits Professional (CBP)

Skills

• Benefits Plan Design
• Benefits Management
• Benefits Compliance
• Vendor Management
• HR Project Management
• Negotiation
• People Leadership
• Compensation Program Design
• Compensation Structures
• Compensation Training
• Incentive Plans
• Workday Software

Reports To: Director and above

Direct Reports: 2 - 5

Work Environment

• Normal office environment hybrid.

Other Duties

This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time the Company reserves the right to add and/or delete essential functions from this job at any time.

• All job offers are contingent upon successful completion of credit and background checks.

• Bread Financial is an Equal Opportunity Employer.

Job Family:

Human Resources

Job Type:

Regular