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Rewards Specialist

Great Eastern Life Assurance Co Ltd
Singapore, Singapore
Closing date
Aug 2, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
The Job
1) As part of the Group Rewards function, you will be heavily involved in the execution of the annual Compensation and Performance review exercise as well as supporting the team in data mining and analysis. Specific job tasks may include:
  • Supporting the consolidation, extraction and analysis of data points for budgeting, compensation and performance review to facilitate the annual compensation and performance review
  • Supporting the management of the annual cycle timelines and communications with stakeholders
  • Supporting the preparation of reports for Senior Management and Remuneration Committee as well as other regular reporting
2) You will be involved in providing data support and analytics to the Rewards Lead in making informed decisions about designing relevant compensation strategies and compensation and benefits policies. Specific job tasks may include:
  • Reviewing compensation survey proposals which are outside the approved parameters, escalated by the Talent Acquisition team
  • Reviewing ad-hoc off-cycle salary review requests for incumbents due to re-designations, etc
  • Providing support in recommendations on surveys to participate in, managing contracts, agreements review, payments and completing the necessary data submission/validations/reports compilation and analysis
  • Reviewing and analyzing findings from the compensation surveys and assisting the Rewards Lead in developing appropriate strategies to drive organizational behaviors
  • Assist in participation of market or industry surveys, reviewing and performing trend and benchmarking analysis
  • Provide support to the Rewards Lead to review employee benefits and proposing solutions to drive employee behavior and support business goals
3) You will be supporting administration of international assignees compensation, tax and benefits related matters.
4) As part of your career development, you will also be involved in both compensation and benefits related and generic Group/Corporate wide projects on an ad-hoc basis.

Our Requirements
  • A good analytical and inquisitive mind, meticulous and detailed
  • Excellent ability on working with large data sets on Excel
  • Mature and able to handle/manage highly sensitive and confidential information
  • Ability to work within tight and intense timeline
About Great Eastern
Established in 1908, Great Eastern places customers at the heart of everything we do. Our legacy extends beyond our products and services to our culture, which is defined by our core values and how we work. As champions of Integrity, Initiative and Involvement, our core values act as a compass, guiding and inspiring us to embrace the behaviours associated with each value, upholding our promise to our customers - to continue doing our best for them in a sustainable manner.

We work collaboratively with our stakeholders to look for candidates who exhibit or have the potential to embrace our core values and associated behaviours, as these are the key traits that we expect from our employees as they develop their careers with us.

We embrace inclusivity, giving all employees an equal opportunity to shine and play their role in exploring possibilities to deliver innovative insurance solutions.

Since 2018, Great Eastern has been a signatory to the United Nations (UN) Principles of Sustainable Insurance. Our sustainability approach around environmental, social, and governance (ESG) considerations play a key role in every business decision we make. We are committed to being a sustainability-driven company to achieve a low-carbon economy by managing the environmental footprint of our operations and incorporating ESG considerations in our investment portfolios; improving people's lives by actively helping customers live healthier, better and longer; and drive responsible business practices through material ESG risk management.

To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.

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