Job Description

Job Title: Lead Specialist / Senior Lead Specialist - Compensation & Benefits - Bangalore- Pune- Mumbai - 5-8 Years
Location: Bangalore-Pune-Mumbai
Summary:
As a Lead Specialist / Senior Lead Specialist - Compensation & Benefits, you will be responsible for managing and supporting core C&B and Total Rewards programs for the organization's India operations. This role demands strong analytical capability, policy design experience, and hands-on expertise in compensation structures, salary planning, benchmarking, and benefits administration. You will partner closely with leadership teams, global stakeholders, and cross-functional partners to ensure competitive, compliant, and business-aligned C&B practices in a dynamic, fast-paced environment.
Your Future Employer:
Join a global leader in insurance brokerage, risk management, and consulting services, known for its strong culture of integrity, service excellence, and innovation. The organization's Global Capability Center is a rapidly expanding hub with 11,000+ employees across India, delivering high-quality support to global teams and customers.
You will be part of an empowering and inclusive environment built to support continuous learning, ownership, and impact.
Responsibilities
Compensation & Benefits Leadership

• Design, develop, and update C&B policies and compensation structures aligned with business strategy.
• Manage core C&B processes including budgeting, salary increment planning, bonus planning, and introduction of new benefits.
• Conduct periodic C&B audits, identify risks, and implement controls to close gaps.
• Analyze compensation data, market trends, and salary reports; recommend changes to ensure competitiveness.

Benchmarking & Market Analysis

• Drive compensation benchmarking exercises and participation in market salary surveys.
• Evaluate results and present insights to leadership and global teams.

Compliance & Governance

• Ensure compensation and benefits practices comply with India statutory requirements (PF, Gratuity, Statutory Bonus, CTC structures, Insurances).
• Maintain documentation, audit trails, and compliance frameworks.

Stakeholder Management & Reporting

• Collaborate with internal teams, business managers, and global C&B teams to deliver accurate and timely reports.
• Support overall C&B projects and strategic initiatives across the organization.

Requirements

• 5-8 years of total HR experience with minimum 3+ years in Core Compensation & Benefits (India).
• Recent 2-3 years must be Core C&B, not only C&B operations or payroll.
• Experience in high-growth, dynamic environments; recent 2 years in organizations with 1000+ headcount.
• Strong understanding of India C&B compliance (PF, Gratuity, Statutory Bonus, CTC structures, Insurances).
• Strong data analytics capability with excellent command of Advanced Excel (V/H lookups, Nested IFs, Pivot Tables, Charts).
• Proven experience in budgeting, salary planning, benchmarking, and policy design.
• Bachelor's or Master's degree (C&B certifications preferred but not mandatory).
• Ability to work with senior stakeholders and cross-functional teams.
• Technology savvy, strong communication skills, and a growth mindset.

What is in it for you?

• Opportunity to shape compensation and benefits strategy for a global organization.
• Exposure to global C&B practices and international stakeholder collaboration.
• High-ownership role with strong learning and growth pathways.
• Competitive compensation, benefits, and a people-first work culture.
• Work with a globally recognized brand in insurance and risk management.

Reach Us:
Interested candidates can apply by sharing their resume to tanu@crescendogroup.in
Disclaimer:
The organization is an equal opportunity employer and does not discriminate based on race, religion, gender, color, national origin, sexual orientation, age, disability, or any protected status. We encourage diversity and inclusion across all levels.
Due to high application volumes, only shortlisted candidates may be contacted. Thank you for your understanding.
Scam Alert:
The organization never requests money, purchases, or system upgrades during the hiring process. Beware of fraudulent job offers. Validate all openings through official career channels and report suspicious activity immediately.
Keywords:
Compensation & Benefits, Total Rewards, C&B Specialist, Salary Planning, Benchmarking, Benefits Administration, Excel Analytics, HR Specialist, Compensation Structures, Statutory Compliance, C&B Bangalore, HR Analytics, Compensation Governance

Skills Required