Lead Compensation & Benefits Specialist

About Our Company Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 20 years. We are part of Ameriprise Financial Inc., a US financial planning company headquartered in Minneapolis with a global presence and diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions, and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So, if you're talented, driven and want to work for a strong, ethical company that cares, take the next step and create a career at Ameriprise India LLP. Job Description The primary purpose of this role is to support the HR Leaders with data analysis and insights to understand and assess opportunities to develop or modify internal employee compensation programs and initiatives. Provide data and analysis to compensation consultants and HR Business Partner teams on compensation matters of low to medium complexity. Responsibilities Work with our global team of Compensation Consultants to provide analysis, insights and high-quality, solutions-orientated advice to the Ameriprise business including but not limited to: Partnering with other compensation team members to provide analytical and consultative support to multiple business lines to identify and develop compensation initiatives or strategies. Providing direct consultative support to HR Business Partners on low to medium complexity requests. Performing activities related to compensation programs including base salary, incentive plans, year-end processes, offer analyses, market pricing database, etc. Leading one or more key compensation processes, such as managing annual variable compensation spreadsheets. Identifying, developing, and producing queries and reports from Human Resources Management Systems (HRMS) based on inquiries and business needs related to compensation. Ensuring reporting provides applicable data to help solve business problems. Identifying opportunities and suggest solutions for development or modification of various compensation programs (broad-based incentives, year-end administration, executive compensation, long-term incentive award, etc.) through data analysis. Working closely with HR Business Partners to support annual and ad-hoc compensation review processes and analysis. Acting as a point of contact for HR Business Partners regarding benchmarking and market data. Conducting proactive competitive analysis and recommending updates as necessary in line with market trends and findings.