Reward Analyst

2 weeks ago

Johannesburg, Gauteng, South Africa Sanlam Limited Full time
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Location:
Johannesburg, Gauteng, South Africa

What will you do?Santam Human Resources has a position available for a Rewards Analyst, based in Cape Town or Johannesburg.

The Rewards Analyst is responsible for supporting the design, implementation and communication of reward and wellness interventions.

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 ExperienceA 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 experienceExperience in creating dynamic tools and models to interpret and analyse data.
KnowledgeUnderstand 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.

SkillsStrong written and verbal communication skillsAbility to write communication tailored for the specific audienceBusiness acumenAbility to build and maintain good internal and external relationshipsStrong negotiation and interpersonal skillsStrong problem solving and analytical skills.

Ability to analyse and interpret statistical data/HR analyticsAbility to conduct self in a professional manner at all timesTeam PlayerHigh degree of self-management, displaying an organised and measured approach to the workload and the clients – strong planning and organising skillsAbility to formulate and analyse data from a variety of sourcesTrend and analysis of remuneration informationCore Competencies Cultivates innovation - Contributing through others
Customer focus - Contributing through others
Drives results - Contributing through others
Collaborates - Contributing through others
Being resilient - Contributing through others
About The CompanySantam is the market leader in the general insurance industry in Southern Africa.

We are a large, diversified, expanding and transforming company and whilst based in South Africa, we are rapidly moving into a number of emerging markets, both in Africa and Asia.

Our success is rooted in our passion for our clients and everything we do is centered on our delivery of Insurance Good and Proper.

We're about people.

People drive our business so it follows that we want to recruit the best people possible whether they work for us permanently or for a short time as temporary employees.

At Santam we are committed to transformation and embracing diversity.

This commitment is what drives us to achieve a diverse workplace with employment equity as a key goal to create an inclusive workforce, representative of the demographics of our society.

In achieving our employment equity goals we give preference to applicants from the designated groups in alignment with the Divisions Employment Equity targets.

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