Remuneration Analyst

Details of the offer

OUTsurance has been propelling the South African insurance industry forward for the last 26 years. As leaders in the field, we're always looking for innovative ways to create digitally-advanced solutions, without losing sight of our human values. Our continued success can be attributed to outstanding employees who set the bar high with their energy and expertise. If you're keen to grow your career in a vibrant environment with lots of 'fun', this could be the career opportunity you've been looking for.
The role provides critical support to Head of Department and team in maintaining a competitive and compliant reward implementation for OUTsurance. You will play a key role in data analysis, market research, and reward programme administration, ensuring our reward packages attract and retain top talent in South Africa.
What do you get OUT? OUTsurance has been voted Top Employer South Africa since 2022. Our people vision is to be a great company to work for where you always get something OUT.
We offer our employees: A winning, fun and inclusive company culture that embraces diversity.Great Rewards and Recognition programs.Benefits (Medical Aid, Pension fund, Group life and Disability benefits)Growth opportunities (we hire talent, train skill and promote values driven leaders from within)Wi-Fi on campus and Emergency Panic-Assist through the OUTsurance appEmployee wellness programs: Free Counselling, Legal Advice and Financial Coaching for you and your members of household.A chance to give back (Staff Helping SA OUT volunteer program) and much more…Casual Dress CodeCentral office location with shuttles to and from the Gautrain station and Centurion Taxi RankOnsite Clinic, Canteen, Carwash, Barber, Beauty Salon and Sports facilitiesMaternity Expressing RoomsPrayer RoomsJob DescriptionData Analysis and Reporting: Collect, analyse, and interpret reward data (e.g., salaries, bonuses, benefits utilization).Prepare reports and presentations to communicate reward program effectiveness and trends.Identify and analyse market data to benchmark our compensation and benefits against industry standards.Market Research and Benchmarking: Conduct research to stay up-to-date on compensation and benefits trends in relevant markets.Analyse competitor reward programs and identify best practices.Prepare salary data for external service providersSupport in external data provider discussions and relationship building.Reward Program Administration: Assist with the administration of existing reward programmes (e.g. annual increase process calculations, STI/LTI calculations).Support in the creation of reward programme communications.Compliance: Stay informed of relevant reward and benefits legislation and regulations in different Southern Africa countries.Ensure reward programmes comply with all applicable laws and regulations e.g. prepare salary data for EE submission, COIDA submission to Department of Labour and annual BBBEE verification audits.Identify and escalate potential compliance risks.Competency Demonstrable experience in working with senior management teams.Highly proficient in Microsoft Office Suite (Word, PowerPoint).Highly proficient in Excel, including complex calculations, pivot tables and other collation techniques to manage and analyse data.Understanding of data privacy and POPIA requirements when handling large, sensitive and complex data sets.Excellent communication and interpersonal skills, both written and verbal.Strong analytical and problem-solving skills.Ability to prioritize multiple tasks and meet deadlines.A high level of attention to detail and the ability to deliver results within the agreed timescales, working accurately under pressure.Ability to work independently and as part of a team.Excellent organizational skills.Strong work ethic and a proactive approach.Ability to build strong relationships with internal and external stakeholdersQualificationsRelevant Degree in Human Resources, Commerce or any applicable qualification.Minimum of 5 years' Experience in a Reward AnalyticsGood analytical skillsAdvanced excel knowledgeGlobal Remuneration Professional (GBR) CertificateAdditional InformationIn accordance with OUTsurance Group Employment Equity goals, preference will be given to individuals who meet the job requirements and are from the various designated groups.

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Nominal Salary: To be agreed

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