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