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  • Posted: May 31, 2024
    Deadline: Not specified
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  • Santam Limited is the largest short-term insurer in South Africa, with a market share in excess of 22%, providing short-term insurance products through broker networks and direct sales channels. The company was established in 1918 and offers personal, commercial, and corporate insurance solutions. Santam is a subsidiary of Sanlam Limited and has been listed ...

     

    Reward Analyst

    What will make you successful in this role?

    • Assists with the annual remuneration review process in terms of scenario planning, data validation, collation and analysis. 
    • Responsible for benchmarking and profiling of new and existing roles to the internal classification structure. 
    • Providing remuneration reports for the business. 
    • Acts as a champion of the business recognition schemes and platforms.
    • Work closely with the Human Capital Business Partners. 
    • Work with data and analytics experts to strive for greater functionality in our data systems. 
    • Research market trends, legislation, and compensation surveys to make recommendations for policy change and competitive positioning as appropriate. 
    • Effectively partner with HR and BU’s to manage, consult, and resolve reward issues. 
    • Provide subject-matter expertise and guidance on reward related policies and ensure process integrity. 
    • Recommend approaches to facilitate the effective delivery of pay programs and related policies (relating to administration & audit controls). 

    Qualification and Experience

    • A degree or diploma in a related field or equivalent experience (preferably B.Com). 
    • Formal training in reward fundamentals (ex. GRP certification) 
    • 2-3 years reward / payroll experience 
    • Experience in creating dynamic tools and models to interpret and analyse data.

    Knowledge

    • Understand the legal and regulatory environment relating to employee reward. 
    • Experience in REMChannel reporting and data extraction. 
    • Some financial knowledge (recommended) e.g. basic understanding of financial statements and the budgeting process. 

    Skills

    • Strong written and verbal communication skills 
    • Ability to write communication tailored for the specific audience 
    • Business acumen
    • Good consulting skills 
    • Ability to build and maintain good internal and external relationships
    • Strong negotiation and interpersonal skills
    • Strong presentation skills 
    • Strong problem solving and analytical skills. Ability to analyse and interpret statistical data/HR analytics
    • Ability to conduct self in a professional manner at all times
    • Team Player
    • High degree of self-management, displaying an organised and measured approach to the workload and the clients – strong planning and organising skills
    • Project Management skills
    • Ability to formulate and analyse data from a variety of sources
    • Trend and analysis of remuneration information

    Check how your CV matches this job

    Method of Application

    Interested and qualified? Go to Santam Insurance on careers.sanlamcloud.co.za to apply

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