Senior Manager, Benefits (Total Rewards)

Voyager (94001), India, Bangalore, Karnātaka

Senior Manager, Benefits (Total Rewards)

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

• Effectively manage vendor partnerships  

• 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

Preferred Qualifications:

• 4+ years of People leader experience

• 8+ 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.

No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [email protected]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to [email protected]

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).