Compensation & Benefits (Manager)   -   ( 24000128 )

Description

How you succeed

This role will be part of the Group Compensation & Benefits team. The role will be responsible for driving the Mental Wellness and Employee Medical / Insurance portfolio. He / she will be required to support the administration of Employee Share Plan. He / she will also be required to work closely with external vendors.

What you do

Employee Medical Benefits / Insurance

Monitor and ensure compliance with relevant regulatory requirements

Develop dashboards on benefits utilisation and vendor service level monitoring

Work with Medical Panel / Insurance Provider on issue resolution and process improvement initiatives

Address employee queries / escalations related to benefits

Ensure seamless and efficient benefits operations

Perform vendor governance for risk management and service management as required

Manage contract / annual insurance renewal and negotiations

Manage annual enrolment of insurances

Process work injury compensation as required

Employee Mental Wellness Initiatives

Drive Groupwide mental wellness plan and implement initiatives

Develop metrics and dashboard to track utilisation and success of mental wellness initiatives

Drive contract renewal, governance for EAP vendor

Conduct vendor due diligence / performance monitoring

Employee Share Plan Administration Support

Support the annual Employee Share Purchase Plan (ESPP) enrolment exercise

Support regulatory reporting and disclosures

Support ongoing ESPP administration as a checker

Others

Manage budget projection and utilisation for Medical / Insurance / Mental Wellness benefits

Process related bills and cost charging to Business Units

Support implementation of new HR core system

May be required to support other ad hoc projects in benefits team

Who you work with

Group Human Resources

People are our most important asset. So, you’ll be joining a HR team that provides thought leadership and advice on people in the organisation. An industry leader in futureproofing and transforming our workforce, driving development and continuous learning, we develop talent to their fullest potential. Providing the best possible employee experience is the core of what we do as our people’s success defines our success.

Qualifications

Who you are

Experienced compensation & benefits professional with a bachelor’s degree and 3-5 years of relevant experience in compensation & benefits operations

Proven track record to work in a fast-paced environment. Able to work under pressure and tight deadlines.

Strong attention to details with good project management skills.

Meticulous, analytical and numerate.

Proficient in excel, dashboard creation and powerpoint.

Team-player with good communication skills and the ability to engage and partner with vendors and multiple stakeholders.

Proactive in initiating and recommending changes in order to improve existing processes.

What we offer

Competitive base salary, leave and medical benefits.

Hybrid working for certain roles.

We are an equal opportunities employer.

Who we are

Singapore’s longest established bank, we’ve been helping people and

businesses get what they want from life since 1932. How? By taking

the time to truly understand people. From there, we provide support,

services, solutions, and career paths that meet their individual needs

and desires.

Today, we’re on a journey of transformation. Embracing technology

and creativity to become a future-ready learning organisation.

But for all that change, the entire focus of our organisation remains

to be Simply Spot On in everything we do.

And so, whether you want to innovate needs-based financial services

• in a friendly supportive team; build lasting value in your community;

help people grow their business, assets, and investments; take your

learning as far as you can; or simply enjoy a vibrant, future-ready career,

Your Opportunity Starts Here .

Primary Location

Singapore

Compensation & Benefits

Organization

Group Human Resources Division

Schedule

Permanent

Full-time

Job Posting

27-Sep-2024, 1 : 39 : 04 AM