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An established industry player in the Insurance sector is on the lookout for a skilled Assistant Manager in Remuneration & Benefits. This role is ideal for a detail-oriented professional who excels in a dynamic environment. You will be responsible for developing remuneration strategies, managing budgets, and ensuring compliance with legislation. With a focus on operational excellence, you will lead a team to optimize employee benefits and maintain competitive salary structures. This is a fantastic opportunity to make a significant impact in a rewarding position.
Location: Durban, KZN
Salary: R444,000 Per Annum
Our client, a well-established company in the Insurance sector, is seeking a skilled Assistant Manager – Remuneration & Benefits. This is an exciting opportunity for a detail-oriented professional who thrives in a fast-paced business environment.
Minimum Qualifications
• Degree in Commerce or Human Sciences
• Preferred: Postgraduate Degree in Commerce/Human Sciences with Statistics
• Professional Registration:
• South African Rewards Association (Remuneration Specialist) – Preferred
• South African Board for People Practice – Preferred
• Essential: Global Remuneration Practitioner (GRP) certification
Experience & Knowledge Requirements
• 8–10 years in Remuneration, Rewards, and Benefits Management in a corporate environment
• 5+ years in a managerial or supervisory role
• Knowledge of employment and remuneration legislation & statutory requirements
• Strong understanding of corporate HR reward systems, policies, and structures
• Expertise in Tax & Labour legislation, governance, and risk management
• Experience in remuneration analysis, modeling, and policy development
• Familiarity with job evaluation systems (Paterson Grading System preferred)
• Proficiency in Advanced Excel, MS Office, and MS Project
Key Competencies
• Research and surveying techniques
• Conflict resolution and negotiation skills
• Strong customer service orientation
• Excellent verbal and written communication skills
• High levels of integrity and confidentiality
• Ability to prioritize tasks and allocate resources effectively
• Strong judgment and decision-making skills
• Focus on operational excellence
Key Responsibilities
1. Remuneration Strategy & Job Evaluation
• Develop and implement remuneration policies and procedures
• Coordinate and facilitate job evaluations and grading through the Job Evaluation Committee
• Educate stakeholders on job evaluation practices and systems
• Maintain and update organizational structures and headcount reports
• Implement ratified job grading outcomes
2. Financial & Budget Management
• Develop, monitor, and manage the Remuneration and Benefits budget
• Ensure compliance with remuneration and benefits-related legislation
3. Human Resource & Team Management
• Develop and implement the Remuneration and Benefits Strategy
• Manage and mentor the Remuneration and Benefits Team
• Establish Individual Development Plans for team members
4. Salary Review & Benchmarking
• Recommend salary review guidelines to HR Leadership, EXCO, and HR & Remuneration Committee
• Facilitate the salary review process, including training and documentation
• Prepare payroll upload schedules and employee letters
• Conduct internal and external benchmarking to maintain competitive salary structures
5. Payroll Management & Compliance
• Maintain relationships with external payroll service providers
• Develop and implement payroll management procedures
• Ensure efficient payroll administration and incentive scheme management
• Optimize self-service/automated HR processes
• Innovate and improve employee benefits offerings
• Ensure legislative tax and benefits compliance
6. HR Data Integrity & Reporting
• Ensure high-level security and integrity of HR data
• Prepare and submit HR reports to the Group HR Manager
• Identify and address audit risks and operational concerns