Seeking a Compensation & Benefits specialist to join a fast growth Wealth Management organisation of approximately 1,000 employees in a newly created role. The position will assume responsibility for managing and administering the group benefits and reward processes and additionally support on group payroll.
Please ensure you read the below overview and requirements for this employment opportunity completely.
Responsibilities:
Monitor and manage benefits across the business, including partnering with internal teams to manage benefits including Private Medical Insurance, Pensions, Group Income Protection, Life assurance, holiday and voluntary benefits.
Manage the flexible benefits platform for all employees and new joiners and conduct reporting for payroll to process
Build relationships with vendors and key stakeholders to review and deliver innovative and improved total reward and benefits offering to colleagues to enhance company offerings and ensure competitiveness.
Work closely with the Group HR Director and HR Business Partnering team on annual salary review processes and bonus pot calculations, providing data and reporting as required
Manage the benchmarking of roles and analysis of salary data and competitors
Ensure compliance with all regulations with regard to compensation & benefits
Work with the Group Payroll Manager to support on the monthly inputting and checking of payroll and payroll queries
Maintain and update policies and procedures related to reward and benefits
Background & Experience:
Prior experience of working on all aspects of compensation & benefits ideally within a regulated financial services environment
Experience of additionally working with UK payroll systems
Strong UK benefits and pensions administration
Experience of working with external salary benchmarking tools and organisations
Excellent Excel skills and experience
High level attention to detail with the ability to balance multiple demanding deadlines
Experience of flexible benefits systems advantageous
This role can be based anywhere in the UK but must be willing to travel to London as required for meetings.
McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.
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