Senior Manager, Compensation & Benefits

Senior Manager, Compensation & Benefits

We are supporting a strategic search for a Senior Manager, Compensation & Benefits to lead the reward strategy for a premier global insurance and asset management group. This is a high-visibility leadership appointment following a structural evolution within the HR function. The successful candidate will be tasked with modernizing legacy frameworks and harmonizing benefit structures for a workforce of approximately 4,500 employees across multiple business entities.


About the Role


Reporting directly to the CHRO, you will lead a dedicated team of four specialists. Your mission is to bridge the gap between "Business as Usual" (BAU) operational excellence—such as annual year-end reviews—and high-level strategic transformation. While executive compensation is handled by a separate division, you will hold full accountability for the design and implementation of the rewards framework for the broader organizational population.


The role offers a sophisticated "vibe" that balances analytical rigor with strategic influence. You will act as a trusted advisor to the executive committee, navigating a complex matrix environment that spans local Japanese operations and Global Headquarters. This is not merely an administrative position; it is a mandate to architect a contemporary, competitive reward system that aligns with international standards while respecting local market nuances.


Responsibilities


Strategic Modernization & Design


  • Lead the comprehensive overhaul of legacy benefit programs, integrating disparate systems into a cohesive, modernized structure for the total 9,000-person organization.
  • Drive the long-term rewards strategy, ensuring the firm remains an employer of choice through competitive benchmarking and innovative incentive design.
  • Architect performance-aligned compensation frameworks for a large, incentive-driven employee population.


Operational Leadership & Compliance


  • Direct the annual compensation review cycle, ensuring data integrity, budget alignment, and seamless execution across two major business entities.
  • Manage and mentor a team of four C&B specialists, fostering a culture of agility, precision, and proactive problem-solving.
  • Ensure all programs maintain strict adherence to Japanese labor laws and industry-specific regulations, applying deep Employee Relations (ER) knowledge to mitigate organizational risk.


Stakeholder Engagement & Matrix Management


  • Partner with senior leadership and Global HQ to align local reward initiatives with global HR priorities.
  • Influence decision-making in a multi-entity environment, translating complex technical data into actionable insights for the CHRO and business heads.


Requirements


  • Experience: Approximately 10–15 years of HR experience, with a deep specialization in Compensation & Benefits within a large-scale corporate or financial services environment.
  • Analytical Mastery: Exceptional ability to interpret complex data sets to inform strategy, budgeting, and financial modeling.
  • Labor Expertise: A robust understanding of Japanese labor law and Employee Relations is highly preferred to navigate the local regulatory landscape.
  • Leadership: Proven experience managing and developing a team, with the emotional intelligence to lead through periods of organizational change.
  • Language: Native or fluent Japanese is essential; English at a professional business level is preferred for global reporting (exceptional technical candidates with developing English may be considered).
  • Industry Background: Prior experience in insurance (Life or General), banking, or highly regulated professional services is a significant advantage.


Why Apply


  • Direct Impact & Legacy: Opportunity to leave a lasting mark by transforming the benefit structures for 9,000 employees during a pivotal restructuring phase.
  • C-Suite Exposure: Work in close proximity to the CHRO, gaining high-level visibility and a seat at the table for critical human capital decisions.
  • Strategic Autonomy: Lead a newly defined section with the mandate to move beyond administration into true strategic design.
  • Global Reach: Engage regularly with Global HQ, providing a platform to influence and learn from international best practices in rewards.
  • Stability & Growth: Join one of the world's most recognizable financial brands, offering a sophisticated work environment and a culture of resilience.


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