Compensation & Benefits Specialist, India & South Africa (Mumbai)

Compensation & Benefits Specialist, India & South Africa (Mumbai)

13 Aug
|
Munich Re Careers
|
Mumbai

13 Aug

Munich Re Careers

Mumbai

Working in Global HR at Munich Re for Reinsurance & Specialty Group means being
part of a agile, globally connected team that plays a critical role in shaping
the future of our organization. As an HR professional, you contribute to the
success of our business by supporting people strategies that drive
transformation, foster collaboration, and enable sustainable growth.

Our Global HR function is evolving to meet the needs of a fast-changing world.
We operate in a connected, collaborative, and forward-thinking Global HR matrix
community that values empathy, initiative, and a global mindset—where every team
member plays a role in delivering effective services and solutions and creating
meaningful impact.

Whether your focus is talent, rewards, analytics, business partnering, services,
or any other area of HR, you will work across regions and functions to co-create
solutions that support our people and business. You will be empowered to
collaborate, innovate, and grow—contributing to a culture that values diversity,
continuous learning, and shared success.





Join us in building the future of Global HR.

Job Summary

Based in India, you will be responsible for implementing Munich Re’s rewards
strategy in the India & South Africa businesses. Reporting to the Regional Head
of Rewards APAC MEA, you will be the subject matter expert in rewards, ensuring
competitiveness, compliance, and alignment with our strategic initiatives. You
will also partner with the Corporate teams and across regions and functions, on
a wide range of project and initiatives.

Role Profile

* Manage the annual compensation process cycle, including annual salary review
and bonus processes.
* Ensure effective management of benefits program, salary benchmarking, master
data management and other C&B; tasks
* Construct reward packages for international moves and localizations while
working closely with the Global Mobility team
* Support/Conduct employees’ communication sessions pertaining to rewards
initi

📌 Compensation & Benefits Specialist, India & South Africa (Mumbai)
🏢 Munich Re Careers
📍 Mumbai

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