Principal Analyst - Total Rewards

**Dreaming big is in our DNA. It’s who we are as a company. It’s our culture. It’s our heritage. And more than ever, it’s our future. A future where we’re always looking forward. Always serving up new ways to meet life’s moments. A future where we keep dreaming bigger. We look for people with passion, talent, and curiosity, and provide them with the teammates, resources and opportunities to unleash their full potential. The power we create together – when we combine your strengths with ours – is unstoppable. Are you ready to join a team that dreams as big as you do?** **Dreaming big is in our DNA. It’s who we are as a company. It’s our culture. It’s our heritage. And more than ever, it’s our future. A future where we’re always looking forward. Always serving up new ways to meet life’s moments. A future where we keep dreaming bigger. We look for people with passion, talent, and curiosity, and provide them with the teammates, resources and opportunities to unleash their full potential. The power we create together – when we combine your strengths with ours – is unstoppable. Are you ready to join a team that dreams as big as you do?** _AB InBev GCC was incorporated in 2014 as a strategic partner for Anheuser-Busch InBev. The center leverages the power of data and analytics to drive growth for critical business functions such as operations, finance, people, and technology. The teams are transforming Operations through Tech and Analytics._ _Do You Dream Big?_ _We Need You._ **Job Description** **Job Title:**            _Principal Analyst – Total Rewards_ **Location:**             _Bangalore (Onsite)_ **Reporting to:**     _Manager – Total Rewards_ **PURPOSE OF ROLE** _The role will primarily be responsible for the development, implementation, and management of total rewards programs including designing and executing competitive benefits strategies & recognition framework to attract, retain, and motivate top talent while ensuring alignment with company's objectives and culture._ _The incumbent will partner closely with HR Business Partners, People Services, finance, legal, external vendors, and global Total Rewards teams to drive program effectiveness, governance, compliance, and employee experience._   **KEY TASKS AND ACCOUNTABILITIES** * Own the design, governance, and continuous enhancement of employee Benefits and Recognition programs, ensuring alignment with AB InBev's talent attraction, retention, employee well-being, and engagement strategy. * Drive market competitiveness through external benchmarking, program evaluation, and innovative reward solutions, translating insights into scalable and employee-centric offerings. * Own the end-to-end Benefits portfolio for program like – Creche, EAP, Leaves etc., including policy design, vendor governance, renewals, compliance, and program effectiveness. * Partner with stakeholders- HR Business Partners, Business Leaders, People Services, finance, legal, external vendors, and global Total Rewards team to drive successful implementation, governance, and adoption of Total Rewards programs. * Support annual benefits renewal processes, vendor evaluations, and negotiations. * Stay abreast of relevant laws and regulations related to benefits, ensuring the organization's total rewards practices are compliant with all applicable laws and standards * Lead evaluation, selection, and management of benefit and recognition vendors, ensuring superior service delivery, cost optimization, and alignment with business objectives. * Transform and digitize the Recognition processes by leveraging technology, automation, and best-in-class platforms to enhance employee experience and operational efficiency. * Develop and deliver clear, effective, and engaging communication strategies to educate employees about the organization's total rewards programs, ensuring they understand the value and benefits available to them. * Utilize data analytics and relevant metrics to assess the effectiveness of total rewards programs, identify trends, and make data-driven recommendations for improvement * Drive a culture of recognition and well-being through impactful programs that reinforce AB InBev's values, performance culture, and employer brand. **QUALIFICATIONS, EXPERIENCE, SKILLS** **Education:** * _Bachelor's Degree in Human Resources or any discipline_ * _MBA in Human Resource Management ( 2years – full time)_ **Experience:** * _Overall 2-5 years of experience._ * _Minimum 1-3 Years of Employee Benefit management & Recognition Transformation Experience_ * _Prior experience of working in a HR environment is a must_        **Technical/Functional Skills:** **Mandatory Skills:** * _Strong excel & power point skills - **Advanced**_ * _Benefits design & governance – **Expert**_ * _Employee Recognition Program – **Expert**_ * _Data Analysis reporting - **Intermediate**_ * _Market Benchmarking – **Intermediate**_ * _Vendor Management - **Intermediate**_ **Preferred (Good to have) Skills:** * _Policy Development - **Intermediate**_ * _Program Governance – **Beginner**_ * _HRIS System ( Workday) – **Beginner**_ **Behavioral Skills:** * _Ownership, accountability & attention to detail_ * _Strong analytical mindset_ * _Stakeholder management_ * _Strong Communication and influencing skills_ * _Employee centricity_ _And above all of this, an undying love for beer!_ _We dream big to create a future with more cheers_.