Let's Write Africa's Story Together!

Old Mutual is a firm believer in the African opportunity and our diverse talent reflects this.

Job Description

Experience, knowledge & skills required

Bachelor’s degree

8 – 10 years’ experience in managing a remuneration and benefits function.

Strong knowledge human capital policies and processes.

The Recruitment Process:

TA Interview: This will be a discussion with a member of the Talent Acquisition Team to give you an understanding of our business, our culture & values and more context on the role. It will also allow us the opportunity to get to know you more and ensure OMI can meet your career aspirations.

Panel Interview: This will be with 2 members of the Senior Leadership of the Hiring Team and 1 member of the HC Leadership Team.

Technical & Psychometric Assessments: These will depend on the role and will sometimes happen concurrently with Vetting through an external service provider & Internal Verification.

Final Feedback.

All About OMI:

https://www.oldmutual.co.za/about/old-mutual-insure/

https://www.linkedin.com/posts/old-mutual-insure_i-work-at-old-mutual-insure-of-course-activity-7161674472469524483-w0j6?utm_source=share&utm_medium=member_desktop

Please note that, unfortunately, we cannot accept any applications after the closing date

This role is accountable for developing remuneration and benefits policies and practices to drive OML objectives and consulting with business units on unique applications of policies to suit their needs. Individually accountable for achieving results through others, over periods of 3 months to a year.

Responsibilities

Compensation and Benefits Program Design

Develop and manage the delivery of employee compensation structures and benefit programs, ensuring the needs of internal stakeholders are met and ensuring compliance with legal requirements.

Incentive Program Design

Design and manage the implementation of complex, business-critical employee incentive programs; identify and respond to the needs of internal stakeholders; clarify the financial, business performance, and behavioral parameters that are to be met; ensure compliance with external regulatory and legal requirements.

Executive Reward Program Design

Develop and manage the delivery of annual and long-term executive compensation programs, providing effective support to the remuneration committee and ensuring that all regulatory and legal requirements are met.

Annual Pay and Benefits Review

Design and manage the annual review; specify and communicate the review objectives, process, timing, criteria, and financial parameters; monitor and report on outcomes, initiating remedial actions where appropriate.

HR Data Management

Specify, develop, and test HR data collection procedures and tools within an area of HR practice to meet defined key principles and ensure compliance with external requirements.

Leadership and Direction

Communicate the actions needed to implement the function's strategy and business plan within the team; explain the relationship to the broader organization's mission, vision, and values; motivate people to commit to these and to do extraordinary things to achieve local business goals.

Performance Management

Manage and report on the performance of a substantial, diverse team; set appropriate performance objectives for direct reports or project/account team members and hold individuals accountable for achieving them; take appropriate corrective action where necessary to ensure the achievement of team/personal objectives.

Organizational Capability Building

Use the organization's formal development framework to identify the team's individual development needs. Plan and implement actions, including continuing professional development specified by professional or regulatory institutions, to build their professional capabilities. Provide informal training or coaching to others throughout the organization in own area of expertise to enable others to improve performance and fulfill personal potential.

Budgeting

Manage budget plans for a department. May involve development or delivery or both.

Policy Development and Implementation

Develop functional or operational policies and help develop policy frameworks for area of responsibility or department. Take responsibility for creating underlying procedures and monitoring their implementation.

Functional Strategy Formation

Lead the development and implementation of strategy for an important area of responsibility within a function, anticipating complex issues, challenges, and opportunities and ensuring integration with wider functional strategy.

External Consultant or Contractor Engagement

Participate in the selection of external consultants or advisers to deliver key projects and/or ad hoc services; ensure that business objectives and requirements are clearly understood and monitor outcomes, taking appropriate remedial action where necessary.

Skills

Adaptive Thinking, Change Management, Computer Literacy, Cultural Awareness, Data Compilation, Employee Compensation and Benefits, Employee Engagement, Executing Plans, Human Capital Management Systems, Human Resources (HR), Knowledge Management, Leadership, Organizational Design, People Management, Performance Management Design, Policies & Procedures, Policy Development, Regulatory Compliance Management, Servant Leadership, Strategic Objectives

Competencies

Balances StakeholdersBuilds Effective TeamsCommunicates EffectivelyDrives ResultsEnsures AccountabilityPlans and AlignsStrategic MindsetTech Savvy

Education

NQF Level 9 – Masters

Closing Date

25 August 2025 , 23:59

The appointment will be made from the designated group in line with the Employment Equity Plan of Old Mutual South Africa and the specific business unit in question.

The Old Mutual Story!