Compensation Specialist

Posted 2 Days Ago
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Industrial Area SSI, Rajaji Nagar, Bangalore, Karnataka
Entry level
Healthtech • Insurance
The Role
The Compensation Specialist will support the EMEA Head of Compensation and Benefits, collaborating with the Global Rewards Team. Responsibilities include managing compensation plans, conducting surveys, and providing training on reward practices. The role requires strong analytical skills and the ability to interact with various stakeholders in a dynamic environment.
Summary Generated by Built In

The Compensation Senior Analyst will support the EMEA Head of Compensation and Benefits in supporting the region. Candidate will also partner with Global Rewards Team. As a Compensation partner your role requires the ability to interact with a wide variety of stakeholders both internal and external, across a complex and dynamic business environment.

Key Responsibilities include:

  • Support Sales Compensation and bonus plans.

  • Support annual Compensation surveys and Benefits reviews across the region.

  • Supports the company-wide annual compensation planning cycle and partner with Global Rewards Team and project team (testing, communications, support to HRBP…)

  • Play a key role in the education of company reward practices and programs, managing internal trainings for HRBP and TA.

  • Partner with Talent Acquisition and HRBP team to provide competitive offer recommendations.

  • Review of salary structures, market and employee data analysis.

  • Supports on compensation related requests, including role evaluation and salary reviews, maintaining the integrity of career architecture and salary planning framework.

  • Conduct in-depth analysis of reward related data as required.

  • Partner with Service Centre in managing corrections/changes in Workday.

  • Partner with broader team on continuous improvement and process automation, enhancing HRIS integration and system utilization.

Skills and Experience:

  • High level of English.

  • Team worker and comfortable working within international virtual teams.

  • Experience in Compensation and Benefits, ideally across EMEA region

  • Agile thinking and adaptable to manage multi-project activities, and demanding timescales.

  • Experience with market compensation surveys (WTW, …)

  • Proficient IT skills, including advanced Excel knowledge, and experience of HRIS integration and reporting. 

  • Workday Experience

  • Must be detail oriented with strong, solution driven analytical skills.

Required Competencies:

  • Collaboration - Building partnerships and working collaboratively with others to meet shared objectives.

  • Customer Focus - Building strong customer relationships and delivering customer-centric solutions.

  • Manages Ambiguity - Operating effectively, even when things are not certain, or the way forward is not clear

  • Persuades - Using compelling arguments to gain the support and commitment of others.

About The Cigna Group

Cigna Healthcare, a division of The Cigna Group, is an advocate for better health through every stage of life. We guide our customers through the health care system, empowering them with the information and insight they need to make the best choices for improving their health and vitality. Join us in driving growth and improving lives.

Top Skills

Excel
Workday
The Company
HQ: Bloomfield, CT
74,000 Employees
On-site Workplace

What We Do

At Cigna, we're more than a health insurance company. We are your partner in total health and wellness. And we’re here for you 24/7 – caring for your body and mind.

As a global health service company, Cigna's mission is to improve the health, well-being, and peace of mind of those we serve by making health care simple, affordable, and predictable.

Our values are the core of our culture. Our values guide how all 74,000 of us around the world work together, serve our customers, patients, clients, communities, and deliver on our mission.

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