Compensation and Benefits Analyst

2 months ago


Johannesburg, Gauteng, South Africa Munich Re Full time

Career Level: 3

We are seeking a dedicated Payroll and Benefits Specialist to report directly to the HR Services Manager. As part of a close-knit team, you will play a crucial role in managing the Rewards and Benefits aspect of our people strategy.

About Munich Re: Established in 1968, Munich Reinsurance Company of Africa provides life and non-life reinsurance solutions to clients throughout Sub-Saharan Africa from our Johannesburg hub. Collaborating with our global colleagues, we address some of the world's most significant challenges.

Your Responsibilities:

  • Oversee the monthly payroll and associated tax processing tasks, including those for expatriates.
  • Assist in the management of all employee benefits, including pension funds, short-term insurance, funeral cover, retirement processes, and Employee Assistance Programs.
  • Ensure adherence to all current payroll-related legislation.
  • Manage internal monthly expatriate postings and ensure reconciliations with the general ledger.
  • Guarantee timely and accurate payments to creditors, along with appropriate reconciliations.
  • Oversee the Mid-Year and Year-End Tax Reconciliation and Returns.
  • Ensure timely backups and updates on the internal HR system (Sage People 300).
  • Participate in the onboarding process for new employees on a monthly basis.
  • Support the Annual Company Bonus payout cycle and Salary Increase procedures.
  • Administer the Pension fund, including monthly reconciliations, claims, employee inquiries, and retiree support.
  • Assist with all payroll-related reporting requirements and audits as necessary.
  • Collaborate with the HR team to enhance the overall employee experience.

Your Qualifications:

  • HR Degree or National Diploma in Payroll/Finance or related fields.
  • A minimum of 5 years of hands-on experience in in-house payroll operations.
  • Familiarity with SAP accounting and experience in reconciling salary accounts.
  • Proficiency in Sage 300 People is essential.
  • Advanced skills in Microsoft Excel.
  • Knowledge of best practices concerning salaries, payroll topics, policies, and procedures.
  • Essential knowledge of PAYE regulations.
  • GRP qualification is a plus.

At Munich Re, we value the diversity of backgrounds, experiences, perspectives, and thoughts. This diversity is the foundation of our open culture and collaborative spirit, which fosters the growth and development of our teams.



  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Role Summary:We are seeking a seasoned Compensation and Benefits Analyst to join our team at Isilumko Staffing. The ideal candidate will have a strong background in rewards and remuneration, with a focus on delivering exceptional results.Key Responsibilities:Remuneration benchmarking and market surveysDrafting policies and procedures related to compensation...


  • Johannesburg, Gauteng, South Africa Performer Recruitment and Consulting Full time

    Job SummaryWe are seeking a highly skilled Compensation and Benefits Professional to join our team at Performer Recruitment and Consulting. This 6-month contract position is a great opportunity for an experienced professional to make a lasting impact on our payroll processes.Key ResponsibilitiesCompensation and Benefits ManagementDevelop and implement...

  • Compensation Analyst

    4 weeks ago


    Johannesburg, Gauteng, South Africa A 1L Realization (Pty) Ltd Full time

    Job Title: Compensation AnalystWe are seeking a highly skilled Compensation Analyst to join our team at A 1L Realization (Pty) Ltd. As a Compensation Analyst, you will play a critical role in designing and implementing compensation plans that drive business results.Key Responsibilities:Design and implement compensation plans that align with business...

  • Compensation Analyst

    1 month ago


    Johannesburg, Gauteng, South Africa A 1L Realization (Pty) Ltd Full time

    Job Title: Compensation AnalystWe are seeking a highly skilled Compensation Analyst to join our team at A 1L Realization (Pty) Ltd. As a Compensation Analyst, you will play a critical role in designing and implementing compensation plans that drive business results.Key Responsibilities:Design and implement compensation plans that align with business...

  • Compensation Analyst

    2 weeks ago


    Johannesburg, Gauteng, South Africa A 1L Realization (Pty) Ltd Full time

    A 1L Realization (Pty) Ltd is seeking a skilled Compensation Analyst to join our team. The ideal candidate will have a strong background in compensation management software, specifically Varicent, and a proven track record of success in a similar role. Key responsibilities include designing and administering incentive compensation plans, managing vendor...


  • Johannesburg, Gauteng, South Africa DPT Recruitment Full time

    Job Title: Compensation and Benefits ManagerAt DPT Recruitment, we are seeking a highly skilled Compensation and Benefits Manager to join our team. As a key member of our Human Resources department, you will be responsible for developing and implementing effective compensation and benefits programs that attract and retain top talent.Key...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing (JHB) Full time

    Compensation and Benefits SpecialistIsilumko Staffing (JHB) is seeking an experienced Compensation and Benefits Specialist to join their team in Johannesburg.Key Responsibilities:Conduct remuneration benchmarking to ensure market competitivenessDesign and implement market surveys to inform compensation decisionsDevelop and maintain policies and procedures...


  • Johannesburg, Gauteng, South Africa DPT Recruitment Full time

    Job Title: Compensation and Benefits ManagerAt DPT Recruitment, we are seeking a highly skilled Compensation and Benefits Manager to join our team. As a key member of our HR department, you will be responsible for managing remuneration and benefits, including payroll, to attract and retain talented employees while ensuring fair and competitive...


  • Johannesburg, Gauteng, South Africa DPT Recruitment Full time

    Job Title: Compensation and Benefits ManagerAs a key member of the DPT Recruitment team, we are seeking a highly skilled Compensation and Benefits Manager to join our organization. The successful candidate will be responsible for managing remuneration and benefits, including payroll, to attract and retain talented employees while ensuring fair and...

  • Compensation Analyst

    2 months ago


    Johannesburg, Gauteng, South Africa A 1L Realization (Pty) Ltd Full time

    About the RoleWe are seeking a skilled Compensation Analyst to join our team at A 1L Realization (Pty) Ltd. As a key member of our compensation management team, you will be responsible for designing and implementing compensation plans that drive business growth and success.Key ResponsibilitiesDevelop and maintain compensation plans that align with business...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Job Title: Remuneration and Rewards SpecialistWe are seeking a skilled and experienced Remuneration and Rewards Specialist to contribute to the development of our company's compensation and benefits strategies.Key Responsibilities:Conduct market research to identify trends and innovative remuneration structures.Provide ongoing intelligence on market...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Job Title: Remuneration and Rewards SpecialistJob Summary:We are seeking a skilled and experienced Remuneration and Rewards Specialist to contribute to the development of our company's compensation and benefits strategies. The successful candidate will be responsible for researching trends in remuneration, identifying innovative remuneration structures, and...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Job Title: Remuneration & Rewards SpecialistIsilumko Staffing is seeking a highly skilled Remuneration & Rewards Specialist to join our team. As a key member of our HR department, you will be responsible for designing and implementing effective remuneration and rewards strategies that align with our organization's goals and objectives.Key...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Job Title: Remuneration & Rewards SpecialistIsilumko Staffing is seeking a highly skilled Remuneration & Rewards Specialist to lead our organisation's compensation and benefits strategies.As a key member of our Human Resources team, you will be responsible for developing and implementing innovative remuneration and rewards programs that align with our...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing Full time

    Job Title: Rewards and Remuneration SpecialistIsilumko Staffing is seeking an experienced Rewards and Remuneration Specialist to join their Johannesburg team.Key Responsibilities:Conduct remuneration benchmarking to ensure fair and competitive compensation packages.Design and implement market surveys to inform compensation decisions.Develop and maintain...


  • Johannesburg, Gauteng, South Africa IT Ridge Technologies Full time

    Position Overview IT Ridge Technologies is seeking a detail-oriented and proactive Compensation and Benefits Specialist to manage precise and timely payroll operations. The successful candidate will be adept at adhering to deadlines for both monthly and annual reporting.Key ResponsibilitiesOversee complete payroll operationsManage applications for Tax...


  • Johannesburg, Gauteng, South Africa IT Ridge Technologies Full time

    Position Overview IT Ridge Technologies is seeking a detail-oriented and proactive Compensation and Benefits Specialist to manage the payroll process with precision and efficiency. The successful candidate will be adept at adhering to deadlines for both monthly and annual payroll submissions.Key ResponsibilitiesOversee the complete payroll cycleProcess...


  • Johannesburg, Gauteng, South Africa Isilumko Staffing (JHB) Full time

    Key Responsibilities:As a key member of our team at Isilumko Staffing (JHB), you will be responsible for researching trends in remuneration and identifying creative and innovative remuneration structures to drive business success. You will provide ongoing intelligence on market movements and potential threats to the organisation, recommending solutions to...


  • Johannesburg, Gauteng, South Africa Performer Recruitment and Consulting Full time

    Job Title: Total Rewards and Payroll ManagerDescription:We are seeking a skilled Total Rewards and Payroll Manager to join our team at Performer Recruitment and Consulting. The ideal candidate will have a strong background in compensation, benefits, and payroll management, with a proven track record of success in a multinational environment.Key...


  • Johannesburg, Gauteng, South Africa ALPLA PACKAGING SA (PTY) LTD Full time

    Key Responsibilities Oversee the payroll processing, including the onboarding of new hires, internal employee transitions, and terminations. Implement employee timekeeping measures, including biometric clocking systems for attendance tracking. Generate the final payroll documentation in accordance with established timelines, ensuring proper approval...