Lead Compensation & Benefits Specialist

Ameriprise Financia; Dadri; Hybrid; INR 900,000 - 1,200,000; Full time

Job summary

Ameriprise India LLP is seeking an experienced Compensation Analyst to support HR Leaders with data analysis and insights for internal compensation programs. You will partner with global teams to analyze base salary, incentives and market pricing, delivering reports to HR Business Partners.

The role emphasizes collaboration in an in-office setting with hybrid work options, requiring strong Excel/Word/PowerPoint skills and clear communication to translate policy into practice.

Qualifications

• Bachelor's degree or equivalent required.
• 5-7 years of relevant experience.
• Demonstrated ability to analyze and manipulate data to identify trends or patterns.
• Strong verbal and written communication skills to discuss issues and interpret policies for HR staff.
• Ability to build strong working relationships through credible work products.

Responsibilities

• Collaborate with global Compensation Consultants to provide analysis, insights and recommendations across multiple business lines.
• Provide consultative support to HR Business Partners for low to medium complexity requests.
• Lead compensation processes, including annual variable compensation spreadsheets and offer analyses.
• Develop queries and reports from HRMS to support data-driven decision making.
• Benchmark and market data analysis to inform compensation programs and updates.

Skills

Data analysis

Excel

Word

PowerPoint

Verbal and written communication

Education

Bachelor's degree or equivalent

Tools

Excel

Word

PowerPoint

Job description

About Our CompanyAmeriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection.Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So, if you're talented, driven and want to work for a strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP.Job DescriptionThe primary purpose of this role is to support the HR Leaders with data analysis and insights to understand and assess opportunities to develop or modify internal employee compensation programs and initiatives. Provide data and analysis to compensation consultants and HR Business Partner teams on compensation matters of low to medium complexity.ResponsibilitiesWork with our global team of Compensation Consultants to provide analysis, insights and high-quality, solutions-orientated advice to the Ameriprise business including but not limited to:Partnering with other compensation team members to provide analytical and consultative support to multiple business lines to identify and develop compensation initiatives or strategies.Providing direct consultative support to HR Business Partners on low to medium complexity requests.Performing activities related to compensation programs including base salary, incentive plans, year-end processes, offer analyses, market pricing database, etc.Leading one or more key compensation processes, such as managing annual variable compensation spreadsheets.Identifying, developing, and producing queries and reports from Human Resources Management Systems (HRMS) based on inquiries and business needs related to compensation. Ensuring reporting provides applicable data to help solve business problems.Identifying opportunities and suggest solutions for development or modification of various compensation programs (broad-based incentives, year-end administration, executive compensation, long-term incentive award, etc.) through data analysis.Working closely with HR Business Partners to support annual and ad-hoc compensation review processes and analysis.Acting as a point of contact for HR Business Partners regarding benchmarking and market data.Conducting proactive competitive analysis and recommending updates as necessary in line with market trends and findings.Delivering ad-hoc compensation analyses to Compensation team colleagues and HR Business Partners as required.Providing occasional support for similar tasks in other areas of the Compensation team from time to time as the need arises.Required QualificationBachelor's degree or equivalent5-7 years of relevant experienceDemonstrated ability to analyze and manipulate data to identify trends or patterns.Ability to identify issues and develop potential solutions.Strong verbal and written communication skills required to discuss issues and articulate program/policy interpretation to primarily HR staff.Ability to build strong working relationships through delivery of credible work product.Strong skills with Microsoft Excel, Word, and PowerPoint.In-Office CollaborationWe are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least three (3) days per week, with flexibility to work from home two (2) days per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.Full-Time/Part-TimeFull timeTimings(2:00p-10:30p)India Business UnitAWMPO AWMP&S President's OfficeJob Family GroupHuman CapitalAmeriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, military status, veteran status, marital status, pregnancy, family status or any other basis prohibited by law.We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.