Vice President Compensation & Benefits and HR Strategic Initiatives

Location KUALA LUMPUR, Malaysia
Experience level Experienced Hire
Job details sector Human Resources & Diversity
Apply before Date not available
JOB SUMMARY

VP Compensation & Benefits and HR Projects will be responsible for Compensation & Benefits, Analytics, Strategic Workforce Planning and HR Strategic Initiatives tasks.  

KEY RESPONSIBILITIES 

1. Compensation & Benefits

*Responsible for the design, implementation, and ongoing evaluation of AAGI compensation and benefits programs, including base pay, allowances, incentive, health and welfare benefits, retirement benefits, deferred compensation, internal products and affinity programs.
*Develop, document, implement, communicate and standardize processes to ensure compliance with applicable laws, rules, and regulations related to compensation, benefits and data privacy
*Works with senior management to ensure that compensation and benefits programs support the organization's business objectives and meet all legal requirements.
*Ensure market competitor analysis is carried out to attract and retain talent. Maintain market data and participate in pay and benefits surveys and enable access to current market pay data to support HR business partners and line managers.
*Manage and implement the annual pay review process accurately and effectively within the approved budget.
*Ensure remuneration & benefits entitlement for employees who are on Short-Term International Assignment and Long-Term International Assignment are prepared and processed accurately.
*Responsible for HR budgeting process and submission.
*Monitor effectiveness of existing compensation & benefits practices, policies, guidelines, procedures and provide recommendations and actionable input to enhance the current practices.
*Communicate compensation and benefit programs to employees’
Introduce new initiatives to promote innovation, digital and continuous improvement practices.
*Introduce flexi-benefit program to meet the diverse needs of employees’ and mechanism to manage and control cost
*Ensure employees share scheme related matters are handled as per Group guideline.
*To review, propose and maintain relationships with external vendors/suppliers of employee benefits and develop other non-cash reward initiatives/affinity program. Example the engagement of medical TPA & etc.
*Develop & introduce a total reward statements for all staff.
*Partner with relevant stakeholders in the development and implementation of HR strategic initiatives to in accordance to the short-term and long-term objectives of AAGI.

2. Drive and facilitate Strategic Workforce Planning (SWFP)

*Work with AXA Group to drive and support the SWFP agenda for AAGI in line with business priorities
*Engage Business Leaders / EXCO / People Manager to launch SWFP exercise including onboarding entities, ensuring the right skillsets at local level and following through the action plans with HRBP.
*Embed, implement and maintain SWFP as part of the HR BAU processes.

3. Lead the HR Analytics and People Matrix Initiatives and Implementation

*Responsible for end-to-end HR transformation projects including but not limited to proposal on HR interventions and initiatives, people metrics, reporting, advanced and predictive analytics.
*Supports the Human Resource leadership team to identify business challenges and use data analysis to help propose and influence continuous improvement/changes to the operations, process or programs.
*Utilizes technology and analytical tools to develop and analyze company-wide people and other cross-functional data as needed.
*Communicates findings to senior management via formal presentations, standard management reporting on periodic/quarterly/annual basis.
*Serves as the domain expert for human capital analytics.
*Collaborates with subject matter experts across the HR service areas (learning and development, talent management, recruitment, compensation & benefits) to promote data governance, improve overall strategic and operational performance and insight.
*Works as the key representative to the external benchmarks and key surveys supporting the HR function.
*Conduct research, analysis and ideas to the development of HR continuous improvement in order to ensure that HR initiatives are appropriately integrated and aligned with strategic and business goals.
*Design and deliver change management strategies, processes and interventions that support the organizational ambition to be the “Employer of Choice”.
*Identify opportunities for performance improvement through internal diagnosis, process/system reviews in order to understand barriers and possible solutions; conducting external research into good and best practices.
*To participate in project as and when required.
*To participate in the Business Continuity Process as part of the BCP team members/Department Leader.


JOB REQUIREMENTS 

  1. Degree in any field, Master holder in Human Resources would be an added advantage.
  2. Minimum of 10 years working experience in and/or similar role/capacity.
  3. Excellent communication and interpersonal skills and great team player.
  4. Excellent in influencing and coaching skills. Proven effective people management skills.
  5. Project and Change Management skills.
  6. Excellent relationship building skills, a transformational leader with strategic mindset.
  7. Substantial HR experience (operatinal and strategic) in unionised environment.
  8. Analytical and prior experience in involving into transformation projects is an added advantage.
  9. This role is open to Malaysian only.
  10. Incumbent will also manage and responsible to perform a similar role/provide services to other AXA entities/subsidies as specified by AXA Affin General Insurance Berhad.






Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life?  Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.  

 

In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.


https://www.axa.com.my/


AXA Affin General Insurance Berhad is a joint venture between AXA Group and Affin Holdings Berhad. We are one of the fastest growing general insurance companies in Malaysia, and the No.1 leader in Medical and Health insurance (source: ISM). We provide comprehensive and tailored protection solutions to individuals and businesses in the areas of Motor, Home, Accidental, Travel and Commercial insurance. 
We pride ourselves in conducting business responsibly, and building long-term relationship of trust when serving almost a million Malaysian customers, with over 800 employees in 22 offices, as well as over 4,000 agents nationwide, as well as our brokers and key bank partners.



We are the best organization that demonstrate drive, commitment and tenacity to champion diversity and inclusion with workplace practices that enable our current & future employees to achieve work-life integration. 
So, what are you waiting for? Come and JOIN us!
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