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HR Operations and Reward Analyst

Employer
Michael Page Human Resources
Location
City of London, England
Salary
Competitive Benefits Package
Closing date
13 Jun 2022
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Job Details


A Global Insurance firm based in the City of London seeks a HR Operations and Reward Analyst to be own a diverse range of activities and help the HR team with the organisation's journey. This includes taking a lead role in key aspects of the Salary and Bonus review, Gender Pay Gap calculations, supporting the employee benefits life-cycle, international mobility, reward analytics and liaising with third party providers including the payroll function.

Client Details

A Global Insurance firm based in the City of London.

Description

A HR Operations and Reward Analyst to take on the following key responsibilities:

Project-based Reward:

  • Support the design and implementation of the Salary and Bonus review process, taking a lead on spreadsheet design and data accuracy, working closely with HR Business Partners
  • Support the design, implementation and ongoing maintenance of the Job Level and Reward frameworks
  • Ownership for Gender Pay Gap calculations and support on narrative and communications

Reward analysis and reporting:

  • Work closely with Finance on bonus accruals, business planning of headcount costs and other ad-hoc reporting as required
  • Support regulatory remuneration reporting (e.g. Solvency II)
  • Support for Remuneration Committee papers
  • Support controls and governance across the reward framework
  • Ad-hoc reward bench-marking/offer construction/off cycle increase recommendations and buy-out calculations to secure key hires
  • Other reward analysis and modelling as necessary

Performance Management

  • Support Head of Reward and HR Business Partners in embedding the performance management culture
  • Key contact for performance management system provider, driving quality service and user experience enhancements

Benefits

  • Support benefits processes and annual renewals, ensuring data requirements are captured
  • Assist with general employee queries and general benefits administration (pension, PMI, life assurance, flex-benefits)
  • Monitor and embed benefits administration processes with outsourced providers
  • Support in ensuring any changes in process as a result of new legislation are managed with payroll, comms, employee processes etc
  • Assist with research into new benefits and potential voluntary benefits
  • Support with marketing benefits to employees
  • Responsible for ownership and coordination of benefits data audits
  • Support on any future share offer administration

Payroll and tax reporting

  • General monthly payroll checks and support for the end to end process with outsourced providers
  • Ability to improve processes to minimise risk and increase efficiencies

Immigration & Mobility

  • Short term business visitor monitoring and tax reporting; ability to set up new monitoring processes
  • Assistance with relocation and international assignee coordination including identification and management of external vendors
  • Coordination with third party provider regarding immigration and monitoring to ensure work permit compliance

HR Operation & Governance

  • Ongoing monitoring of data compliance and adherence to GDPR requirements
  • Assistance with coordination of data and MI reporting
  • Support with data collation for the People Systems project
  • Actively participate in implementation workshops & testing for the new People System, helping to embed all processes and give a great employee experience
  • Assistance with streamlining of HR end to end processes including equal opportunities monitoring, data follow ups with employees and ensuring we have robust processes in place to mitigate risk exposure
  • Follow up with outsourced supplier on process issues and assist in monitoring SLAs and KPIs to ensure we receive value for money
  • Assist with other ad hoc items such as business continuity planning and monitoring

Profile

A HR Operations and Reward Analyst with:

  • Demonstrable experience in Compensation & Benefits
  • Strong knowledge of Benefit renewal processes and administration
  • Advanced knowledge of Microsoft Excel, specifically data interrogation and analysis, compiling reports and in interpreting data and ability to provide narrative to third parties
  • 3rd Party broker relationship management
  • Delivery focused; ownership oriented with excellent stakeholder management skills
  • 1st point of contact for queries from the business whilst we build an interface
  • Payroll and mobility experience required including basic tax knowledge (desirable)

Job Offer

A competitive base salary and benefits package depending on skills/experience

Company

Michael Page Human Resources is acknowledged as one of the leading recruitment companies for human resources with over 30 years of recruitment expertise and a team of specialist consultants based in offices nationwide.  If you’re looking for permanent or temporary job opportunities in human resources, let us use our extensive network and strong relationships to help you find you the next step in your career.

Michael Page Human Resources recruit HR roles nationwide, ranging from HR Administrator to Global HR Director and also within the specialist areas of HR including Learning & Development, Recruitment, Reward, and Talent.

We offer vacancies across executive, director, manager and junior levels with many of the UK’s leading companies. Our teams have specialist consultants that focus on permanent, interim and contract opportunities. Find out more about our consultants here.

To get started browse for human resources jobs or contact one of our offices directly to find out how our expertise could make a difference to your HR recruitment process.

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