Remuneration Analyst needed at OUTsurance

Job Description

Data 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 providers
• Support 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 stakeholders

Qualifications

• Relevant Degree in Human Resources, Commerce or any applicable qualification.
• Minimum of 5 years’ Experience in a Reward Analytics
• Good analytical skills
• Advanced excel knowledge
• Global Remuneration Professional (GBR) Certificate