Rewards Analyst

Primary Details

Time Type: Full timeWorker Type: EmployeeThe 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

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Equal Employment Opportunity:

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

About Us

We are an international insurer and reinsurer offering a diverse portfolio of commercial, personal and specialty products, as well as risk management solutions. Our product portfolio includes property, motor, crop, energy, marine and aviation. We employ a team of around 13,000 people in 27 countries around the world.