Director, Total Rewards, Asia Pacific

7 months ago

Bangsar, Malaysia RGA Full time

**Position Overview**
This position serves as a member of the global Rewards team by participating in the development, implementation, and administration of total rewards programs across the region and globe. This role is primarily a senior-level individual contributor and executes project and data analysis related work with a focus on Asia Pacific markets and will also contribute to global projects as they relate to total rewards programs including salary and incentive plans, performance management, company paid and voluntary benefits, savings and pension plans, executive compensation, etc.

**Responsibilities** Compensation**
- Project manages the review, development and implementation of salary, incentive, recognition and benefit programs to ensure overall market competitiveness within region and globally. Develops detailed analysis and recommends plan revision as well as new plans which are consistent with total reward trends and company objectives.
- Ensure guidance of the internal approval matrix and keep up-to-date of the changes in local regulations for compensation and benefits in each of the AP markets.
- Conducts detailed analysis of workforce, compensation and financial data as it relates to human capital to identify trends and propose solutions to strategic business needs. Conduct job analysis and review requests for new or revised classifications including competitive analysis of offers.
- Reviews and advises on senior hire compensation across the region working closely with the Executive Director, Total Rewards, Asia and the Regional Head of HR.
- Analyze and advise on cross border relocations to ensure competitiveness of compensation and tax impact to individuals on moves.

**Benefits and Wellbeing**
- Leads the review and selection of new and existing benefit vendors, negotiation of services and ongoing review of services to ensure company philosophy is consistent, partnering with local HR and global benefits teams.
- Leads the benefits renewal processes across the region, partnering with local HR as needed and ensuring benefit programs are market competitive.
- Monitors administrative costs of benefit programs and recommends cost management strategies including alternative methods for administration and funding. Prepares budgetary recommendations and assists in the monitoring, verifying and reconciling of budgeted funds.
- Leads the coordination and implementation of wellbeing initiatives across the region, ensuring alignment with the company’s global wellbeing philosophy.

**General**
- Ensures effective relationships with compensation and benefit consultants, vendors and legal counsel.
- As this role has both regional and global responsibilities, will be required to work some evenings and early mornings to participate in global meetings.

**Requirements** Key Experience/Competencies**:

- Bachelor’s degree or Master’s degree preferably in Human Resources, Mathematics, Business, Economics, Statistics or related with ideally 5-8+ years of global compensation and benefits, finance or related analyst experience that involve implementation and program / project management as well as use of statistical analysis and modeling.
- Strong analytical and quantitative skills and ability to develop models to analyze and forecast compensation and benefits expenses using Microsoft Office, particularly advanced Excel skills and HRIS platforms and reporting tools. Ability to build advanced charts and data models and excellent financial analytical skills.
- Strong presentation and written skills with a strong interest in human resource management, working across international markets.
- Knowledge of employment and income tax laws, regulations and operating guidelines for company locations noted above.
- Knowledge of global or regional payroll practices of employee benefits policies, procedures and reporting requirements is helpful.
- Thorough understanding of macroeconomics trends regionally and globally (e.g., GDP, unemployment rates, price indices national income, output, consumption, unemployment, inflation, savings, investment, international trade and finance)
- Project Management Experience.
- Knowledge of the "Workday" HRIS platform is a plus.

**Individual Traits**:

- Outstanding communication skills.
- Strong work ethic with ability to thrive in a fast-paced global environment.
- Strong organizational and execution skills.
- Strong team and consensus building skills.
- Ideally fluent in a second language and have lived or work abroad for a portion of career.
- Professional presentation and demeanor with the ability to roll up their sleeves.
- Strong innovative thinker who is not afraid to think out of the box.
- Some ability to travel and/or be flexible with their work and personal schedules to accommodate timing differences across RGA’s international work locations.
- Ability to work remotely as and when necessary
- Intellectually curious and creative thinker.
- High attention to detail.

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