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QBE

Rewards Analyst

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Job Description

Primary Details
Time Type: Full time

Worker Type: Employee

The role will lead some components of the Reward programs (current and new proposals) and provide first-level Reward consulting, taking on inquiries from HR partners and business leaders. The role will also actively provide input to the development, communication and implementation of reward (remuneration and benefits) policies and programs to support organization needs.

Primary Responsibilities

Strategy and Planning
Participate in the development of reward strategies through creative input combined with data analysis and an understanding of the company's current state and future challenges
Provide support in the implementation of the Compensation and Reward strategy and operational initiatives for the GSSC
Research on reward trends specific to the Philippines or Asia region and in the insurance and shared services industries
Lead components of the AMR cycle, focusing on the system readiness and data validation
Policy, Process and Procedures
Carry out day-to-day support activities for remuneration programs
Serve as reviewer for Analyst's work output (eg. Promotion increase recommendations, AMR UAT results, payroll instruction files)
Ensure that turnaround time (TAT) is observed for HR programs with Reward interface/dependency (Recruitment to Reward, Reward to SLTs, etc)
Responsible for performing compliance reviews for Reward programs
Review Reward-related items in the GSSC Playbook and other policy documentation (eg. Bonus plan, allowance, Flexben, Time-off, etc)
Environmental Awareness/Customer Focus
Work collaboratively with stakeholders across the business to ensure that they are engaged and informed as necessary.
Pro-actively identify areas of improvement and increased efficiency to ensure business improvement.
Maintain Reward project documentation in line with internal processes and best practice.
Develop and maintain collaborative relationships with key internal stakeholders to enable proper understanding of rewards programs and its various impacts (financial, risk, etc.)
Coordinate with vendor for any contract management tasks
Technical Performance
Analyze survey results, if available, and find possible solutions specific to the GSSC that may be applicable
Responsible to concur or respond to business-initiated recommendations for off-cycle increases and raise for exception approval
Research, as needed, any impact to compensation costs (eg. Statutory contribution increases, cost of new benefits, etc) as input to organizational budget forecast
Responsible for validating data for various reward surveys to ensure a competitive market position across rewards
Peer-Review role profiles and initial sizing
Participation on global reward team projects, ensuring that GSSC practices are considered for any QBE-wide reward changes/roll-out
People / Leadership Management
Mentor others by overseeing work, providing guidance and serving as a resource for less experience reward professionals
Take responsibility for managing personal performance without close supervision from management.
Support others in the team to achieve their goals.

Required Education

Bachelor's Degree or equivalent combination of education and work experience

Required Experience

5 years relevant experience

Preferred Competencies/Skills

Strong analytic and numeric skills
Utilize effective interpersonal, verbal and written communication
High attention to detail and accuracy
Generate original, innovative solutions to difficult or unusual situations
Proven interpersonal and relationship building skills across the organization
Adapt and be flexible in a complex, changing environment
Ability to effectively handle pressures and demands of deadlines and competing priorities
Work independently; with guidance in only the most complex situation
Ability to collaborate effectively within a team environment

Preferred Experience

3-5 years in Reward Compensation and Benefits exposure
5 years or more in the Human Resources (HR) field

Preferred Knowledge

Knowledge of rewards theory, philosophies, best practices and trends
Strong financial and business acumen
Strong working knowledge of Microsoft Office suite
Knowledge of current employment legislation, corporate governance, risk management, significant events and its impact on total rewards
Knowledge of confidentiality requirements associated with the practice of Human Resources

QBE Cultural DNA

Everything we do at QBE is underpinned by our DNA (which interlinks seven cultural elements) because we know it's not just what we do that matters, it's how we do it that makes the difference. We expect all employees to role model and inspire the right behaviours that link to our cultural elements:
We are customer-focused
We are technical experts
We are inclusive
We are fast-paced
We are courageous
We are accountable
We are a team
All employees are expected to adhere to QBE's Code of Ethics and Conduct and apply sound risk management practices

US Only - Disclaimer

To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.

Job Type

Individual Contributor

Global Disclaimer

The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee's normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.

#LI-PHIL

How to Apply:


To submit your application, click Apply and follow the step by step process.

Equal Employment Opportunity:


QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

More Info

Industry:Other

Function:Human Resources

Job Type:Permanent Job

Date Posted: 24/10/2024

Job ID: 97771725

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