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    IN

    Income Insurance Limited

    Insurance

    Executive, Payroll

    Any, SingaporeOn-SiteFull-time3+ yrs experiencePosted 3w ago
    All Income Insurance Limited jobs

    Job description

    Job Responsibilities

    Main Job Scope: Payroll - 60%:

    • Ensure the timely and accurate preparation, processing, and validation of monthly payroll. 
    • Administer payroll-related transactions, including overtime, allowances, CPF contributions, tax deductions, and statutory submissions. 
    • Process and submit statutory reimbursements, claims, and government-related payroll filings within stipulated timelines. 
    • Maintain payroll records and documentation in compliance with company policies and regulatory requirements. 
    • Reconcile payroll data and investigate discrepancies to ensure payroll accuracy and integrity. 
    • Serve as the primary point of contact for employee enquiries related to payroll, compensation, deductions, and statutory contributions. 
    • Collaborate with internal stakeholders to ensure smooth payroll operations and continuous process improvements.

    Secondary Job Scope: HR Compliance and Benefit Administration - 40%

    HR Compliance

    • Coordinate statutory reporting, internal reviews, and external audits by providing accurate documentation and information to relevant authorities and stakeholders.
    • Support the review and enhancement of HR policies and guidelines to ensure compliance with employment legislation, regulatory requirements, and best practices.
    • Administer annual compliance exercises, including employee declarations, credit screenings, conflict-of-interest declarations, and other governance-related reviews.
    • Monitor compliance-related activities and maintain appropriate records, ensuring adherence to internal policies and regulatory requirements.
    • Support the implementation of HR governance initiatives and recommend process improvements to strengthen compliance controls.

    Benefits Administration

    • Administer and manage employee benefits programs, including medical, life insurance and long service awards.
    • Ensure accurate and timely processing of benefit enrollments, amendments, renewals, and terminations.
    • Act as the primary point of contact for employee enquiries relating to benefits, policies, coverage, and eligibility.
    • Partner with benefit providers, brokers, and internal stakeholders to resolve issues and enhance service delivery.
    • Support annual benefits renewals, employee communication campaigns, and benefits education initiatives.
    • Maintain accurate benefits records and ensure compliance with benefit plan requirements and company policies.

    Process Improvement & Projects

    • Develop, review, and implement standard operating procedures (SOPs) to improve operational efficiency, controls, and employee experience.
    • Support HR projects related to benefits transformation, process optimization, system implementations, digitalization, and automation initiatives.
    • Participate in continuous improvement initiatives to enhance HR operational effectiveness and service quality.

    Experience & Qualifications

    • At least 3 years of experience in payroll, HR operations, benefits administration and HR compliance.
    • Experience in end-to-end payroll processing, statutory submissions, and payroll reconciliations.
    • Familiarity with Singapore employment legislation, CPF, IRAS, and other statutory requirements.
    • Experience with HRIS and payroll systems; exposure to HR projects or process improvement initiatives is an advantage.

    Skills & Competencies

    • Strong analytical skills with high attention to detail and accuracy.
    • Good understanding of payroll regulations, HR compliance, and benefits administration.
    • Proficient in Microsoft Excel and data management.
    • Strong problem-solving, organization, and stakeholder management skills.
    • Effective communication skills with a customer-centric approach.
    • Able to handle confidential information with discretion and integrity.
    • Proactive, adaptable, and committed to continuous improvement.

    Job details are sourced from the employer's original posting.

    Open job posting
    IN

    About the company

    Income Insurance Limited

    Income Insurance Limited is a leading insurance provider offering a wide range of insurance products and services.

    View all Income Insurance Limited jobs
    Industry
    Insurance
    Open roles
    62

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