Remuneration Analyst

Remuneration Analyst
Company:

Nedbank



Job Function:

Finance

Details of the offer

Requisition Details & Talent Acquisition Contact
134135 - Busi Radebe
Job Post End Date: 23 August 2024


Job Family
Human Resources


Career Stream
Rewards


Leadership Pipeline
Manage Self: Technical


Job Purpose
Provide a delightful Employee Benefits experience to all Nedbank employees by administering, promoting and implementing all Benefits policies, system enhancements and user friendly processes by applying design thinking. Provide specialist Employee Benefits expertise and guidance to Human Resources (HR) and Line Management and facilitate and monitor alignment to Nedbank Group Policy and local and international best practice. Contribute to the Annual Benefits review Campaign through effective planning, providing training, communicating timelines and monitoring progress to relevant stakeholders.


Job Responsibilities

Provide effective Employee Benefits consultancy to all stakeholders in a cost effective manner and within agreed timelines through effective planning and within risk parameters.
Provide expert advice on benefits policies and processes by engaging with relevant stakeholders.
Provide Employee Benefits consultancy services by keeping abreast of policy, process and legislative changes.
Provide thought leadership on benefits issues through keeping abreast of developing practice trends and integrating this into an integrated service delivery approach.
Enhance credibility and trust and enable the implementation of employee benefits solutions by partnering with Line HR and through providing education and guidance.
Understand and deliver on client business needs by engaging with internal stakeholders and vendors and build professional relationships through stakeholder engagement and managing their expectations.
Network with industry counterparts through engagement at forums, workshops, and user groups. Establish industry best practices by obtaining comparative data from the benefits market through research and identifying market trends.
Assist the Benefits Team by providing standardised and customised benefits analytics and benchmarking products to support overall Benefits Strategy.
Understand how service providers can add value to Nedbank by building collaborative relationships.
Build Employee Benefits brand among clients through relationship building and expert delivery.
Support the business in pursuit of their business objectives by providing guidance on exceptional policy queries in respect of Benefit matters.
Ensure policy alignment to Group Human Resources by facilitating the review and implementation of Employee Benefits policy and processes and by measuring effectiveness and escalating deviations.
Support the Annual benefits review campaign by contributing to the effective planning thereof, providing training, communicating timelines and monitoring progress to relevant stakeholders.
Analyse and communicate benefit survey results to stakeholders through participating in or commissioning employee benefit surveys.
Comply with risk standards, monitor and take corrective action by participating in audits, providing information as required or recommended and through implementing mitigation measures.
Enable decision making using analytics and MIS data. Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression for self through input and feedback from management.
Ensure personal growth and application of new competence in function and enable effectiveness in performance of roles and responsibilities by completing all personal development plan activities within specified timeframes.
Obtain buy-in for developing new and/or enhanced benefits processes (e.g. operational processes) from stakeholders by highlighting benefits in support of the implementation of recommendations.
Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives. Support corporate citizen activities by participating in Nedbank corporate citizen initiatives. Achieve business strategy by participating and supporting corporate social responsibility initiatives.
Influence the improvement or enhancement of business processes and methodologies by researching and recommending improvement initiatives and effective ways to operate and add value to Nedbank.
Identify and recommend opportunities to support implementation of new benefits processes, policies and systems.
Apply User Design Thinking skills when developing Benefits solutions.



People Specification
Essential Qualifications - NQF Level

Advanced Diplomas/National 1st Degrees

Preferred Qualification
Degree in HR/Global Remuneration Practitioner (GRP)
Minimum Experience Level
5 years' experience in an HR role with at least 3 years' experience in a Benefits specialist role.
Technical / Professional Knowledge

Business Acumen
Policy writing
Industry trends
Microsoft Office
Principles of project management
Relevant regulatory knowledge
Relevant software and systems knowledge
Benefits policies and principles
Risk management process and frameworks.
Business writing skills
Cluster Specific Operational Knowledge
Data analysis
User Design Thinking
Governance, Risk and Controls

Behavioural Competencies

Applied Learning
Customer Focus
Effective Communication Skills
Analytical skills
Decision Making
Stress Tolerance
Managing Work
Technical/Professional Knowledge and Skills

Please contact the Nedbank Recruiting Team at +27 860 555 566

#J-18808-Ljbffr


Source: Whatjobs_Ppc

Job Function:

Requirements

Remuneration Analyst
Company:

Nedbank



Job Function:

Finance

Smi 416504 - Intermediate/Senior Marine Underwriter (Insurance)

Employer DescriptionA specialist Marine Underwriting Company located in Johannesburg Northern Suburbs. Job DescriptionOffice based in Fourways, Johannesburg....


From Professional Career Services - Gauteng

Published a month ago

Cib New Products - Specialist

Why This Role?Strategic Impact: Youll play a critical role in driving collaboration between business and stakeholders, ensuring all governance and risk asses...


From Gijima Holdings - Gauteng

Published a month ago

Market Risk Analyst

Job Overview: The purpose of this position is to assess, monitor, and manage market risk exposures in alignment with the organization's risk tolerance. Respo...


From It Ridge Technologies - Gauteng

Published a month ago

Head Of Actuarial

Job Ref #: RM-517 Industry: Insurance Job Type: Permanent Salary: Market Related Description:Reporting to the Executive Actuary, the Head of Actuarial: RML w...


From Rand Mutual - Rma - Gauteng

Published a month ago

Built at: 2024-09-21T04:36:37.178Z