Senior Manager, Total Rewards

Capital One; Bengaluru; On-site; INR 4,200,000 - 6,200,000; Full time

Job summary

Capital One India seeks a Senior Manager to lead Health & Welfare benefits design, strategy and governance. You will drive programs, utilize data for design decisions, and ensure regulatory compliance while delivering a superior associate experience.

This role supports Capital One’s India operations and talent initiatives in a fast-paced, entrepreneurial setting. The position requires a deep background in health and welfare benefits with strong analytical, communication and collaboration skills,

Qualifications

• MBA or PGDM Full-time.
• 12+ years of experience in Health & Welfare Benefits design, strategy and management.
• 12+ years experience with Benefits governance practices.
• Strong analytical and statistical analysis skills.
• Experience in design-thinking, agile, user-experience or transformational environments.
• Strong written, verbal and interpersonal communication skills.

Responsibilities

• Develop, implement and manage Health & Welfare benefit plan designs aligned with strategic objectives.
• Manage plan or program financials.
• Use data to understand plan performance and drive design recommendations.
• Develop effective communication plans to improve engagement with benefits.
• Ensure compliance with federal and state laws and regulations.
• Assess legislation and benchmarking to maintain competitiveness.
• Propose technology solutions to integrate health and welfare programs.
• Provide compensation consultation to HR and business clients.

Skills

MBA/PGDM

Health & Welfare benefits

Governance

Analytical skills

Communication

Teamwork

Agile / UX / Transformational

Education

MBA/PGDM Full-time

Job description

At Capital One, we think big and do bigger things. We were the first company to develop and offer mass customization and personalization of credit card, auto loans and other financial services products, and we have been innovating relentlessly ever since.

Today, we are a progressive financial services powerhouse spanning Credit Cards, Auto Loans, Savings, and Commercial Banking and at the same time a high-tech company, a scientific laboratory, and a well-recognized brand all in one. We are a passionate and entrepreneurial team with heart – a team that embraces bold ideas, fosters collaboration, and delivers world-class products and services impacting over 65 million customer accounts. Still founder-led by Chairman and CEO Richard Fairbank, we dare to dream, disrupt and deliver a better way for our customers, the financial industry and for each other. Our goal is simple – bring ingenuity, simplicity and humanity to an industry ripe for change.

At Capital One India, we solve fundamental business problems at scale using advanced analytics, data science and machine learning. We specialize in deriving valuable insights about various aspects of the business - including product and process design, consumer behavior, regulatory and credit risk, and much more -

Capital One is seeking a Senior Manager in Benefits.

This individual will thrive in a fast-paced, entrepreneurial environment and work on a team to develop and implement Health & Welfare benefits, Awards & Leave Policy that fuel our business and talent strategies, while delivering an amazing associate experience.

Responsibilities

• Develop, implement and/or manage Health & Welfare benefit plan designs that align with the company’s strategic objectives and deliver a transformed associate experience
• Manage plan or program financials
• Utilize data to understand plan or program performance and drive design recommendations
• Develop effective communication plans to optimize impact, understanding of and engagement in benefits and programs
• Ensure that benefit plans are administered in compliance with federal and state laws and regulations
• Analyze current and developing legislation, external benchmarking and other environmental factors impacting plan performance and program competitiveness
• Identify and implement technology solutions to improve the associate experience and drive greater integration across health and welfare programs.
• Audit and analyze internal compensation practices in relation to relevant regulations. Develop recommendations for corrective actions as needed. Provide compensation consultation to HR and business clients.

Basic Qualifications

• MBA or PGDM Full-time
• At least 12 years of experience on Health & Welfare Benefits design, strategy and management
• 12+ years experience with Benefits governance practices
• Solid business acumen and strategic thinker and problem solver
• Experience working within a highly-matrixed environment
• Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation
• Strong analytical skills and knowledge of statistical analysis
• Work experience in a Design-thinking/agile/User-experience/transformational work setting
• Strong written, verbal and interpersonal communication skills
• Strong skills in influencing, teamwork and collaboration

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.