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Job Opening details:-
Company Name :- Shriram Life Insurance Company
Position Name :- Incharge HRBP
Company Location :- Gachibowli, Hyderabad, Telangana
Job Category :- Jobs in Hyderabad
Full Job Description :-
Job Description: Incharge HRBP Position: HRBP Designation Senior Manager Department Human Resources Sub-Department / Vertical-Location HO Reporting Manager Dual Reporting – Channel Head (primary) & HR Head (secondary) Direct Reports Number: 2 to 3
Individual Contributor – HRBP Role Summary :Purpose:
The HRBP is responsible for providing a complete gamut of HR services – Talent acquisition, On boarding, Performance Management and Employee relations of the assigned channel. This role holder provides business partnership to the channel and provides inputs on various people issues Role Requirements: Education: Post Graduate Degree in Management with Specialization in HR Experience Range: Experience of around 8 to 10 years in HRBP role Professional Experience/ Skills:
Experience of leading and managing the team for at least 4 to 5 years
Experience of supporting sales in a matrix-based environment is preferred
Good Understanding of Business model. Preferable from BFSI
Key Responsibilities: Strategy and Budget
Designing and implementation of HR Strategy for the Channel in alignment with Business strategy
Provide insights and analytics to HR head/ Channel Head on people agenda for building overall HR strategy
Prepare cost effective HR budget for the channel in line with the Channels overall spend and ensuring adherence by constant monitoring & tracking
Talent acquisition and On boarding
Prepare a manpower plan for the channel in consultation with Channel Head and Sales team
Manage the end to end recruitment process for the channel as per the plan source mix/ avenues to source, selection process, salary negotiation and salary fitment, appointment letter, etc.
Ensure smooth and timely completion of induction and on boarding formalities for new joiners within the defined timeframe
Devise and implement innovative strategies for sourcing and retention of salesforce (reducing YOY new joining attrition). Also explore ways of controlling and reducing attrition for the channel
Performance Management
Ensure effective implementation of the Sales Performance Management System across the channel
Devise and implement innovative strategies in driving performance and enhancing productivity
Ensure effective execution and implementation of a uniform PDP/ PIP process in the channel
Enhance the business aligned performance pay enablers in correlation with the channel performance
Liaise with the Competence Development Lead/Sales training Lead to ensure effective skill development of employees in the channel
Employee Relations
Liaise with HO Employee Engagement team for participation in HO driven engagement initiatives. Design and implement engagement initiatives for the channel
Ensure compliance to labour laws, statutory compliances and state regulations pertaining to employment matters. Liaise with HO Operation team for communication the statutory acts to employees of the channel
Ensure correct mapping of employees in all employee related portals and accurate attendance/ leaves recordkeeping and reconciliation for the channel
Ensure timely inputs to HO Payroll team for processing of payroll for the channel
Ensure timely issuance of Employee service letters (Confirmation, Transfer, Promotion, Increment, Relieving/experience) to all employees of the channel
Ensure smooth exit process for exiting employees exit interviews, asset recoveries and timely F&F settlement as per SLICs Exit policy
Resolve employee queries, issues and address their grievances within agreed TAT
Manage and close the disciplinary procedures for the channel within agreed TAT
Ensure satisfactory audit ratings (ISO etc)
Vendor Management
Manage relationships with vendors for cost effective and timely services
Review performance of existing vendors. Provide feedback and take corrective action to address identified issues (delivery related, process related)
Ensure timely payment of vendor fees
Ensure on-boarding of new vendors as required and ensure adherence to the process for new vendor empanelment (vendor evaluation, contracts/ agreements, approvals)
Process improvement and Automation
Identify and address the gaps in the current HR processes and plan improvement/ new initiatives in discussion with the Channel Head and HR Head
Identify the critical areas that can be automated to enhance efficiency and save costs. Ensure effective implementation of the projects
Ensure adherence to organization/channel specific policies and processes
Keep abreast of the latest trends in area of HR. Adopt best practices
MIS & Reporting
Ensure creation & maintenance of all HR related MIS for the channel including employee personal files
Publish dashboards and prepare the relevant reports as required by the Channel
Team management
Set clear expectations by communicating goals and timelines to team members. Review and monitor performance of team members and provide constructive feedback and guidance
Ensure completion of mandatory learning/ training modules by all team members
Drive a transparent, performance driven and result oriented culture within the team
Relationships Internal Relationships Functions / Others Frequency Purpose of Interaction HO HR Daily Shared Services HO Finance Frequently Coordination for vendor payments IT Frequently Automation Projects, IT related/ HCM software related issues Business Legal As required Vetting of vendor empanelment contracts, employee grievances External Relationships Agents / Alliances / Others Frequency Purpose of Interaction Recruitment Agencies/ Campuses Frequently Recruitment Candidates Frequently Hiring
Page 1 of 3 Confidential
Role:HR Business Partner (HRBP)
Salary: 12,00,000 – 15,00,000 P.A.
Industry:Insurance
Functional Area:Human Resources
Role Category:HR Operations
Employment Type:Full Time, Permanent
Key Skills
Team ManagementVendor ManagementMIS Reporting
Education
PG:MBA/PGDM in Any Specialization
Company Profile
Shriram Life Insurance
About Shriram Life Insurance
Shriram Life Insurance Company Limited (SLIC) is a part of Rs.1, 40,000 Crores financial services conglomerate Shriram Group, in association with Sanlam Group of South Africa. Shriram Life is a profit making Life Insurance Company with a mission to be the No.1 Life Insurance Company in the country with a purpose to serve the segments of society most vulnerable to economic impacts in the event of the loss of breadwinner of the family.
Life insurance arm of Shriram Group has carried forward the group philosophy of financial inclusion by penetrating the unexplored segments. Shriram Life has significantly focused on Inclusive growth by taking life insurance to the section where it is needed the most -The ‘AAM AADMI’ (Common Man)
SLIC is embarking on an ambitious expansion plan & is on lookout for talented & ambitious professionals.
Company Info
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