Specialist - Compensation & Benefits (m//f/d)

Specialist - Compensation & Benefits (m//f/d)

66501 | Human Resources | Professional | Non-Executive | Allianz Technology | Full-Time | Permanent

We are looking for a highly skilled Specialist - Compensation & Benefits to manage and administer the company’s compensation, benefits, and payroll programs. This role requires expertise in compensation structures, payroll processing, and regulatory compliance, ensuring accuracy, competitiveness, and alignment with industry best practices.

Key Responsibilities:

Compensation & Payroll Management

• Process monthly payroll while ensuring 100% compliance with internal policies and labour regulations
• Ensure all payroll activities comply with audit standards and statutory requirements
• Conduct job evaluations and market research to establish competitive salary ranges
• Develop and implement compensation policies and guidelines in line with industry standards
• Perform salary reviews and bonus programs
• Optimize payroll processes by introducing automation and reducing manual interventions
• Act as a trusted advisor to managers and employees on compensation-related matters

Benefits Administration

• Manage employee benefits programs, including health insurance, retirement plans, and other perks
• Develop and implement benefits policies, ensuring compliance with legal and regulatory requirements
• Assist with compensation & benefits audits and provide necessary documentation

Analytics & Reporting

• Prepare compensation and benefits reports for management, providing insights on costs, trends, and metrics
• Ensure data integrity and confidentiality in all payroll and compensation-related processes
• Review and refine payroll procedures to maintain accuracy, efficiency, and compliance
• Maintain 100% compliance with Standard Operating Procedures (SOPs) for payroll

Skills & Qualifications

• Bachelor’s/Master’s degree in Human Resources, Finance, or a related field
• 6-8 years of experience in HR, Payroll, Compensation & Benefits
• Strong knowledge of local labour laws and regulatory frameworks
• Strong proficiency in MS Excel for payroll reporting and analysis
• Experience processing payroll on global ERPs (Dayforce, SuccessFactors, or similar).
• Detail-oriented mindset, ensuring consistency and accuracy in data management
• Strong communication, analytical, and problem-solving skills

What We Offer:

Come to the Allianz side! We have attractive Compensation and Benefits:

• Fixed Benefits - We place people at the core of what we do, this is why we are committed to your personal wellbeing and professional growth
• Flexible Benefits - We care about the performance of our employees, and we know it can only be reached by ensuring your proper work-life balance: Medical Insurance, Private pension, many other benefits
• Rewards and Recognition Program and Personal Development plans
• Complete Training Curricula available, LinkedIn Learning
• Flexible working environment (work from home, hybrid)

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

Join us. Let's care for tomorrow.