Job Summary
- Employer: Old Mutual Malawi
- Job Type: Full-time
- Location: Blantyre, Malawi
- Category: Human Resources
- Closing Date: 2026-10-16
Key Responsibilities
- Ensuring policy alignment to Group Remuneration Policy by facilitating the implementation of Group reward policies and processes and measuring effectiveness.
- Developing Human Capital remuneration budgets and expenditure reports.
- Coordinating annual salary reviews within the Malawi Group, communicating timelines, and monitoring progress.
- Administering Short-Term Incentive Schemes (STI).
- Administering employee benefit schemes including medical aid, pension, funeral cover, and Group Life Assurance (GLA).
- Establishing industry best practices by obtaining comparative remuneration data through market research and identifying emerging trends.
- Analysing and communicating remuneration survey results to stakeholders through participation in or commissioning of remuneration surveys.
- Monitoring market competitiveness and pay differentials and making appropriate recommendations.
- Complying with risk management standards, participating in audits, and implementing corrective and mitigation measures where necessary.
- Enabling informed decision-making through the provision of analytics, workforce insights, and management information reports.
- Providing thought leadership on remuneration and benefits by keeping abreast of market developments and integrating best practices into service delivery.
- Building credibility and trust by partnering with HR Business Partners and providing guidance on remuneration and benefits matters.
- Providing clear communication and statistical support on remuneration practices and their implementation.
- Understanding and responding to business needs through effective stakeholder engagement and business partnering.
- Leading and coordinating the annual Performance Management Cycle, including goal setting, mid-year reviews, year-end performance assessments, moderation, and calibration processes.
- Monitoring performance outcomes and providing insights and analytics to support performance-based reward decisions, talent management, and succession planning.
- Partnering with business leaders and HR Business Partners to ensure alignment between performance management outcomes, reward strategies, and business objectives.
- Driving workforce planning processes, including headcount budgeting, workforce forecasting, organisational structure reviews, and position management.
- Analysing workforce trends, productivity metrics, and talent requirements to support strategic workforce planning and organisational effectiveness.
- Developing workforce planning dashboards and reports to provide insights on workforce costs, capability gaps, talent risks, and future workforce requirements.
- Supporting organisational design and transformation initiatives through workforce analytics and resource optimisation recommendations.
- Headcount and staff cost tracking and management
- Mobilization of rem and performance related calendar activities
Requirements
- Minimum of a bachelor’s degree in human resources, Business Administration, Economics, or a related field.
- Minimum of 5 years’ relevant experience.
- Practical experience in remuneration and benefits management, performance management, and workforce planning.
- Strong analytical, reporting, and data interpretation skills.
- Sound knowledge of remuneration principles, performance management frameworks, and Human Capital best practices.
- Experience in conducting remuneration benchmarking, workforce analytics, and organisational design initiatives.
- Strong stakeholder management, communication, and influencing skills.
- Ability to manage multiple priorities and work effectively in a dynamic environment.
How to Apply
REF Code: JR-84363
About the Company
Old Mutual Malawi is a prominent financial services group operating within the Republic of Malawi, dedicated to empowering individuals and businesses. As a subsidiary of Old Mutual Limited, it provides a comprehensive suite of financial solutions, including life assurance, general insurance, investment management, and savings products. The company caters to a broad spectrum of clients, from retail customers seeking personal financial security to corporate and institutional entities managing significant assets across Malawi. With a strong commitment to local development, Old Mutual Malawi plays a vital role in fostering economic stability and financial literacy, helping Malawians achieve their financial aspirations and secure their futures.
Empowering Malawians through trusted financial solutions.
Frequently Asked Questions
What qualifications or certifications are typically required for a Rewards and Benefits Manager role in Malawi?
Most employers in Malawi require a bachelor's degree in Human Resources, Business Administration, or a related field. Professional certifications such as CIPD, SHRM, or local HR credentials from institutions like the Malawi Institute of Management are highly valued. Experience with payroll systems and compensation benchmarking is often essential.
What are the common day-to-day responsibilities of a Rewards and Benefits Manager in Malawi?
Daily tasks include designing and administering employee compensation structures, managing medical aid and pension schemes, and ensuring compliance with Malawi's Employment Act. You will also analyze market data to keep salaries competitive and advise leadership on total rewards strategy. Regular interaction with finance teams and external benefit providers is typical.
How does the local work culture in Malawi affect this HR role?
Malawian workplaces often emphasize relationship-building and respect for hierarchy, so stakeholder management skills are crucial. Decisions may involve consultation with multiple levels of management, and patience with bureaucratic processes is necessary. Understanding local labor laws and cultural nuances around employee expectations strengthens your effectiveness.
What career progression opportunities exist for Rewards and Benefits Managers in Malawi?
With experience, you can advance to Head of Compensation and Benefits, HR Director, or broader regional roles covering multiple African markets. Specializing in executive compensation or becoming a consultant for local firms are also viable paths. Continuous professional development and networking through bodies like the Employers Consultative Association of Malawi support upward mobility.
What typical benefits should I expect as a Rewards and Benefits Manager in Malawi?
Standard packages usually include medical aid coverage, pension contributions compliant with the Malawi Pension Act, annual leave of at least 18 days, and performance bonuses. Some employers offer housing allowances, transport subsidies, or group life insurance. Benefits vary significantly between large corporates, NGOs, and public sector employers.
How should I apply for this role and what do Malawian employers prioritize in candidates?
Apply through company career portals, local job boards like MyJobo, or professional networks such as LinkedIn. Employers prioritize demonstrated experience with Malawian labor legislation, proficiency in HR information systems, and strong analytical skills for cost modeling. Tailor your application to highlight measurable achievements in previous compensation or benefits projects.