Senior Reward Specialist
Job Vacancy | Tuesday, February 4, 2025
SHARE THIS PAGE
- Reference Number 250081 Position Level TI2 Department Budget, People, and Management Systems Department Division Reward, HR and Health Services Division Location Asian Development Bank Headquarters Date Posted Tuesday, February 4, 2025 Closing Date Tuesday, February 18, 2025 11:59 p.m. (2359 Manila Time, 0800 GMT)
Join Our Mission to Foster Prosperity in Asia
Are you ready to make a lasting impact on the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.
Organizational Setting and Reporting Relationship
The position is assigned in the Reward, HR and Health Services Division (BPRS) within the Budget, People, and Management Systems Department (BPMSD). BPMSD provides operational support to ADB on areas of position management, recruitment and selection, HR business partnering, HR operations administration including HR systems and analytics, reward management, talent management, learning and development, ADB budget management. BPRS is responsible for designing and managing ADB's reward policies, the administration of all HR services relating to onboarding, off-boarding, field office assignments and other service support; implementation of policies relating to compensation and staff benefits, medical insurance plans and staff health and wellness programs.
You will be based at out Headquarters in Manila, Philippines.
You will report to Director, BPRS and will manage junior team members.
Your Role
As a Senior Reward Specialist, you will contribute to the review of policies and guidelines on compensation and benefits programs, primarily in the following benefit areas: group insurance plans, health services, staff loans, dependency allowance and all types of leave. You will also provide staff and pensioners with updated information concerning these benefit areas, and work within general policies, principles and goals, working directly with clients.
You will:
a. Benefits Policies and Administration
- Ensure the benefit programs (dependency allowance, all leave types, staff loans, insurances, and health services) are effectively administered and delivered.
b. Communication and Information Management
Prepare comprehensive reports of summaries to management on benefits program as needed. Ensure effective and timely communication of relevant benefits policies and procedures to staff and/or benefit beneficiaries, including timely updates of any policy, process or system changes. Periodically review the accuracy and completeness of data and/or information needed to administer benefits programs. Continually improve benefits processes and procedures through technology solutions.c. Staff Supervision
Provide leadership and support to reporting staff. Take the role of team leader and supervise the work of team members. Supervise the annual workplans and performance of reporting staff, providing clear direction and regular monitoring and feedback on performance. Ensure the on-going learning and development of reporting staff.Qualifications
You will need:
Master's degree, or equivalent, in Business Administration, Human Resources Management or University degree in Business Administration, Human Resource Management, and at least 5 years specialized experience relevant to the position can be considered. At least 10 years of work experience in benefits administration or insurance management, as well as understanding of the benefits and insurance practices in international or multinational organizations, and familiarity with financial budgeting and accounting practices in benefits and insurances. International experience working across several countries. Strong interpersonal skills in dealing with diverse colleagues and clients, collaborating effectively to develop solutions. Strong analytical and quantitative skills. Experience in systems and development work. Excellent oral and written communication skills in English, as well as presentation skills. Please refer to the link for ADB Competency Framework for Technical International Staff level 2.Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADB's standards and comparator markets, taking into account your qualifications and experience.
Paid leave (including parental) Medical and health benefits Life and other insurance plans Staff development Retirement plan Housing and education allowance Expatriate benefitsAbout Us
Asian Development Bank (ADB) is an international development finance institution headquartered in Manila, Philippines and is composed of 69 members, 49 of which are from the Asia and Pacific region. ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB combines finance, knowledge, and partnerships to fulfill its expanded vision under its Strategy 2030.
ADB only hires nationals of its 69 members.
To view ADB Organizational Chart, please click here.
ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.
Visit ADB Careers FAQ for more information.
Stay up to date Subscribe to our newsletter and get the latest issues, news, events, jobs and data in your e-mail inbox.