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Reward Manager
* Implement and manage the Reward Strategy for NFU Mutual.
* Ensure our Total reward offering is competitive.
* Hybrid 80% homeworking available and 20% in Stratford-upon-Avon.
About the role
We're making some exciting changes to the HR Division at NFU Mutual. With future-proofed capabilities, technology enabled systems, high engagement and improved career paths high on the agenda, this is a great time to join the team. This brand-new Reward Manager role will own and oversee our proposition, ensuring we're firmly future focused and meeting the needs of the business.
As Reward Manager, you'll play a pivotal role in implementing and managing the reward strategy and deliverables at NFU Mutual. Working closely with the Head of Reward, you'll ensure that our total reward offering is not only competitive and sustainable but also fully aligned with our business objectives.
In this role you'll oversee the annual bonus and pay review processes, acting as a subject matter expert to ensure fairness, market alignment, and high standards of governance. Partnering with our People Insights & Projects team to conduct reward benchmarking, you'll keep NFU Mutual at the forefront of market trends. Engaging in horizon scanning for reward and benefits trends, you'll prepare the organisation for regulatory and legislative changes. Leading initiatives with the HR Systems team to enhance our reward systems and processes, you'll focus on user experience and operational efficiency. You'll work with members of the reward team to deliver on priorities in the reward cyclical calendar. Additionally, as the Rewards Manager, you'll play a key role in broader employee experience initiatives, supporting our commitment to wellbeing, D&I and benefit programs.
This role is based in our Tiddington Head Office, just outside Stratford-Upon-Avon. However, we understand how important a positive work-life balance is, so to help you give your best, we offer great facilities when you want to be in an office environment and support to work up to 80% of your hours from home.
About you
You have demonstrable operational Reward experience and have worked within a similar role, within a large commercial business, with a robust understanding of compensation and benefits, remuneration regulations, and total reward strategy. Your strong stakeholder management capabilities and upward influencing skills will be crucial as you engage with key players across the organisation. You're proficient in data analysis, able to interpret complex data sets and derive actionable insights. Your critical thinking skills empower you to evaluate information effectively and make informed decisions. Additionally, your report writing proficiency ensures that findings and recommendations are communicated clearly and effectively.
To join our team, the below experience is desirable:
* Proven experience in designing and managing executive compensation programs.
* A deep understanding of competitive pay practices and long-term incentives.
* Experience in coaching, guiding, and resource planning to drive team success.
At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.
We recognise that some candidates may experience barriers during the recruitment process. So, we encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process.
We're proud to be a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory and welcome applications from people of all backgrounds, regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation, or socioeconomic background.
Benefits and Rewards
When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:
* £70,000 - £80,000 depending on experience
* Annual bonus (up to 25% of salary)
* Contributory pension scheme, up to 20%, including your 8% contribution
* 28 days annual leave + bank holidays + buy/sell/save holiday trading scheme
* A Family Friendly policy that helps you balance your work and family responsibilities
* Private medical insurance + options to add family members
* Access to savings at High Street brands, travel and supermarkets
* £20 contribution to a monthly gym membership - subject to T&Cs
* Health and wellbeing plan - cashback for dentist, opticians, physio and more
* Employee Volunteering - volunteer in the community for one day each year
* Unlimited access to Refer a Friend £500 bonus scheme
* Life Assurance cover of 4 x salary
* Employee discounts of 15% on a range of NFU Mutual insurance policies.
Working at NFU Mutual
We're one of the UK's leading general insurance and financial services companies. For over 110 years we've put our customers at the heart of everything we do. Our people are just as important to us. We pride ourselves on being "a great place to work" and we're one of only 60 companies across the globe to receive a Gallup Exceptional Workplace 2024 award, and one of only 2 companies to receive the award for the ninth consecutive year. We were also named in the LinkedIn Top 25 Companies List 2021, the Glassdoor Best Places to Work UK List 2023 and 2024, and were recognised as a certified UK Top Employer by the Top Employers Institute in 2023 and 2024.
We offer a supportive culture where we empower and inspire our people to perform, offer them opportunities to grow, and recognise and reward their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable, so we are successful now and in the future.
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