Senior Manager: Employee Benefits

Absa Group; Johannesburg; On-site; ZAR 600,000 - 800,000; Full time

Job summary

Absa Group is seeking a specialist to execute and operationalise its Pensions and Employee Benefits strategy. This role demands extensive expertise in managing employee benefits programs, delivering tactical plans, and fostering stakeholder collaboration within the financial services domain.

Qualifications

• 4-5 years of international employee benefits experience, preferably in financial services or consulting.
• Experience with cross-border projects in large corporates or consulting firms.

Responsibilities

• Provide specialist advice on pensions and employee benefits and oversee projects.
• Stay updated on pension and benefits developments and support group initiatives.
• Manage service offerings and SLAs with internal clients.

Skills

Stakeholder management

Cross-functional delivery

Education

Bachelor's degree in commerce

Bachelor's degree in management

Bachelor's degree in finance

Job description

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

This role is responsible for executing and operationalising the Absa Group Pensions and Employee Benefits strategy, policy, practices, and services. This includes designing and delivering tactical plans, formulating practices, and ensuring operational implementation and adoption. The role also supports implementing technological solutions to improve employee engagement with their pension and benefit arrangements and to strengthen management of these arrangements.

Key Responsibilities:

• Strategic Development and Partnering: Provide specialist advice on pensions and employee benefits, oversee projects, ensure governance, and support local pension and benefit arrangements.
• Policy Research and Delivery: Stay updated on pension and benefits developments, support group initiatives, deliver projects, contribute to communications, and respond to complex cases.
• Application of Policies: Serve as a subject matter expert, support due diligence for acquisitions, manage relationships with trustees and providers, and enhance education on pensions and benefits.
• Business Management: Manage service offerings and SLAs with internal clients.
• Risk and Compliance: Ensure processes and controls are understood and followed, support audit processes, and manage risk and compliance matters.

Education and Experience:

• 4-5 years of international employee benefits experience, preferably in financial services or consulting.
• Experience with cross-border projects and within large corporates or consulting firms.
• Bachelor's degree in commerce, management, or finance; professional registration advantageous.

Knowledge & Skills:

• Stakeholder management and cross-functional delivery skills.
• Strong understanding of employee benefits, pension fund practices, legislation, and governance.

Education

Bachelor’s Degrees and Advanced Diplomas in Business, Commerce, or Management Studies are required.

Absa Bank Limited is an equal opportunity employer. Preference will be given to suitable candidates from designated groups to promote workforce diversity. The bank reserves the right not to fill the position.

About the company

Absa Group Limited, formerly Amalgamated Banks of South Africa, is a South African-based financial services group offering personal and business banking, credit cards, corporate and investment banking, wealth, and investment management.

Notice

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