Compensation & Benefits Manager at AIG

Minato-ku, Tokyo, Japan

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, Human ResourcesIndustries

Requirements

Bachelor's Degree in HR, Business Management, or relevant studies
5-7 years of regional Compensation & Benefits (C&B) experience
Proficient in Microsoft Office (Excel, Word, PowerPoint)
Meticulous and strong analytical and problem-solving skills, with ability to analyze data, identify trends, and make data-driven recommendations
Enjoys working in a fast-paced and dynamic environment
Good understanding of relevant laws, regulations, and industry best practices related to compensation and benefits
Ability to work under tight deadlines
Good interpersonal skills, able to work as a team
Proficiency in using Workday (highly preferred)
Fluency in Japanese & business level English (verbal & written) is ideal

Responsibilities

Coordinating compensation processes including annual merit salary review, bonus planning processes, incentive programs, and performance-related pay adjustments
Ensuring processes align with AIG Total Rewards policies, overall business objectives, and compliance with local laws and regulations
Reviewing and updating pay structures and Total Rewards programs
Participating in compensation surveys, conducting market benchmarking and market analysis, and job evaluations to ensure market competitiveness
Partnering with TA/HRBP team to ensure AIG’s compensation packages are competitive and attractive externally while maintaining internal equity
Supporting the implementation of global compensation and benefits strategies, initiatives, policies, and programs
Coordinating and collaborating with wider HR teams to deliver integrated HR support and solutions, ensuring alignment with AIG Global HR strategy, processes, and practices
Ensuring market competitiveness for benefits and initiating business-aligned benefit ventures
Partnering with HR teams and business leaders to manage, implement, and administer comprehensive compensation and benefits programs for the Asia Pacific region
Monitoring compliance and supporting C&B/HR initiatives across the APAC region
Supporting the Senior Comp Manager APAC in managing Total Rewards philosophies and related analytical work to align with business goals and HR priorities

Skills

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Data Analysis

Market Benchmarking

Compensation Planning

Benefits Administration

Total Rewards

HR Compliance

Workday

Performance Management

AIG

Global insurance provider for individuals and businesses

About AIG

AIG provides a variety of insurance products and services aimed at individuals, families, and businesses. Their offerings include life insurance, retirement planning, and commercial insurance, which help clients manage risk and protect their assets. AIG operates by underwriting insurance policies and managing risk, while also investing the premiums collected to generate income. This company stands out from competitors by not only focusing on traditional insurance but also emphasizing cybersecurity and data protection to keep clients' information safe. AIG's goal is to help clients achieve financial security and peace of mind through comprehensive insurance solutions.

New York City, New YorkHeadquarters

1919Year Founded

IPOCompany Stage

Cybersecurity, Financial ServicesIndustries

10,001+Employees

Benefits

Health, dental, & vision coverage

Flexible Spending Accounts (FSA)

401(k)

PTO

Commuter Expense Reimbursement Account

Risks

Sale of personal travel business may reduce AIG's market presence in travel insurance.

Expansion in Atlanta could pose financial risks if expected growth does not materialize.

Deconsolidation of Corebridge Financial might lead to loss of synergies and increased costs.

Differentiation

AIG offers a wide range of insurance products globally, serving diverse client needs.

Corebridge Financial, a subsidiary, enhances AIG's offerings in retirement planning and financial futures.

AIG emphasizes cybersecurity and data protection, ensuring clients' information remains secure.

Upsides

AI adoption in underwriting and claims processing enhances efficiency and reduces costs for AIG.

InsurTech partnerships offer AIG opportunities to enhance digital capabilities and drive innovation.

Telematics and usage-based insurance allow AIG to offer personalized and flexible products.

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