Working in Global HR at Munich Re for Reinsurance & Specialty Group means being part of a dynamic, 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 rapid-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 in

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