Compensation & Benefits Manager
2 days ago
We are seeking an experienced Compensation & Benefits professional to join our Group Human Resources Division. As a key member of the team, you will be responsible for driving the Mental Wellness and Employee Medical/Insurance portfolio, supporting the administration of Employee Share Plan, and working closely with external vendors.
Key Responsibilities- 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
- 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
- Support implementation of new HR core system
- May be required to support other ad hoc projects in benefits team
- 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.
OCBC Bank is Singapore's longest established bank, with a history dating back to 1932. We've been helping people and businesses get what they want from life since then. By taking the time to truly understand people, we provide support, services, solutions, and career paths that meet their individual needs and desires.
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.
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.
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