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  • Posted: Feb 19, 2020
    Deadline: Not specified
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    Telesure Investment Holdings (Pty) Ltd (Telesure) was established in 1998 to house the South African interests of the Guernsey-based international financial services group, Budget Holdings Ltd. The group owns and operates several of South Africa’s leading insurance brands and stands out with its multiple-channel, multiple-brand approach through direct ...
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    Remuneration and Benefits Specialist

    Introduction
    The Remuneration and Benefits Specialist purpose is to support, implement and administer the remuneration and benefits policies and
    processes within TIH. Conduct research in areas regarding remuneration and benefits in order to predict market trends and make recommendations to enhance the company's EVP in support of the overall business strategy. Assess employee's needs and feedback to support the development of tailored solutions to attract, retain and motivate high performance individuals.

    Specification
    Remuneration and Benefits Program Design

    Contribute to the design and delivery of employee salary structures and benefit programs; deliver elements of the technical design; provide financial, market, and legal analysis and insights; draft internal management proposals and reports. Participate in market leading industry surveys, provide analysis and feedback to support the design of remuneration structures and benefit programs.
    Differentiate reward design to invest in the segments of workforce that contribute the most value.

    Annual Pay and Benefits Review

    Support the planning and delivery of the annual review; provide relevant payroll and market data analyses and insights; develop and deliver employee communications and management briefings; prepare line-management decision-making tools.

    Information and Business Advice

    Provide specialist guidance on the interpretation and application of policies and procedures, resolving queries and issues and referring very complex or contentious issues to others. Act as a subject matter expert in advising HR and management on the correct interpretation and application of all remuneration and benefit policies, procedures and practices. Prepare and conduct necessary
    training with internal stakeholders in respect of TIH’s Total Reward offering.

    Document Preparation

    Prepare moderately complex documents using a variety of computer applications such as Microsoft Office. Also responsible for gathering and summarizing data for reports.

    Personal Capability Building

    Develop own capabilities by participating in assessment and development planning activities as well as formal and informal training and coaching; gain or maintain external professional accreditation where relevant to improve performance and fulfill personal potential. Maintain an in-depth understanding of technology, external regulation, and industry best practices through ongoing education, attending conferences, and reading specialist media. Translate information into business-focused solutions or opportunities, as appropriate.

    Data Collection & Analysis

    • Conduct research using primary data sources and select information needed for the analysis of key themes and trends.

    Incentive Program Design

    • Support the design and delivery of employee recognition programs; provide relevant financial, operational, and business performance analyses and insights; draft internal management reports. Support the design of variable pay programs; provide relevant financial, operational, and business performance analyses and insights

    Job Evaluation

    • Contribute to the design and delivery of job analysis and job evaluation methods and processes; facilitate job evaluation programs and/or evaluate jobs, taking appropriate action to ensure consistency of standards.

    Requirements

    Education

    • Bachelors Degree in HR or Finance (Essential)
    • SARA Global Remuneration Practitioner (GRP) Certification (Essential)
    • SARA Professional Membership (Advantageous)

    Experience

    • 3 - 5 years remuneration and benefits experience.
    • Experience in Financial Services beneficial.
    • SAQA Accredited Equivalent -It is the onus of the applicant to provide TIH and its subsidiaries with certified evidence that their qualification(s) meet the equivalent NQF level required for this role at time of application.

    Financial Sector Conduct Authority (FSCA) competency requirements: FAIS recognized qualifications / Regulatory Examinations / Class of Business Certification and / or CPD according to your DOFA (where applicable) -As a registered Financial Service Provider, we are mandated to ensure that all our representatives are and remain fit and proper at all times. By applying for this role, you consent to having your relevant qualification and or accreditation or confirm that you are working towards meeting the competency requirements. You further consent to the relevant information being verified.

    Employment Equity
    The Company's approved Employment Equity Plan and Targets will be considered as part of the recruitment process. As an Equal Opportunities employer, we actively encourage and welcome people with various disabilities to apply. TIH is committed to an organisational culture that recognizes, appreciates and values diversity & inclusion.

    Method of Application

    Interested and qualified? Go to Telesure Group Services on telesure.jb.skillsmapafrica.com to apply

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