HR Business Partner - BFSI/Insurance Business (5-9 yrs)

Position: HR Business Partner (HRBP)

Location: Mumbai

Reporting To: Head of HR

Experience: 5-8 years in HR, preferably in NBFC, BFSI, or FinTech sectors

Key Responsibilities

Strategic HR Partnership:

- Act as a trusted advisor to business leaders, understanding their objectives and providing HR solutions to meet business goals.

- Partner with leadership to implement workforce planning, succession planning, and talent management initiatives.

Employee Engagement:

- Design and execute employee engagement strategies to foster a positive and productive work culture.

- Conduct regular pulse surveys and collaborate with teams to address concerns and improve engagement scores.

Performance Management:

- Drive the performance appraisal process, ensuring fairness, transparency, and alignment with organizational objectives.

- Support managers in setting KPIs and providing constructive feedback to employees.

Learning and Development:

- Identify training needs and collaborate with L&D teams to implement programs that enhance employee skills and capabilities.

- Facilitate leadership development programs to build a strong leadership pipeline.

Talent Acquisition Support:

- Collaborate with the recruitment team to ensure the hiring of top talent aligned with business needs.

- Participate in interviews for critical roles and ensure alignment with organizational culture.

- Employee Relations

- Address employee grievances and resolve conflicts in a timely and effective manner.

- Ensure adherence to HR policies and legal compliance, mitigating risks for the organization.

Compensation and Benefits:

- Work with the C&B team to review and recommend compensation structures that align with market trends.

- Provide inputs for annual salary reviews and incentive schemes.

HR Operations and Analytics:

- Oversee smooth execution of HR processes such as onboarding, offboarding, and policy implementations.

- Use HR analytics to identify trends, provide insights, and recommend actions to improve workforce effectiveness.

Key Requirements:

- Educational Qualification: MBA/PGDM in Human Resources or related field.

Experience:

- 6-10 years of HR experience, with at least 3-5 years in an HRBP role.

- Experience in NBFC, BFSI, or FinTech is highly preferred.