Compensation & Benefits Manager - Financial Services

12 Days Old

Job Description

A brand new Reward and Benefits Manager opportunity is available with a rapidly growing, specialist insurance provider who is has won several awards for culture, people experience, and employee support.

We're seeking an experienced Reward & Benefits Manager to join our small, highly technical Reward team. Reporting to the Head of Reward, you'll have significant ownership of our global reward and benefits strategy-managing day-to-day delivery while shaping its evolution as the business continues to expand rapidly.

You'll collaborate closely with HR, senior leaders, and external partners to strengthen performance-reward links, ensure competitive and fair structures, and deliver meaningful analytics and insights.

Key Responsibilities

  • Manage the full delivery of our global reward and benefits strategy, driving continuous improvement and global consistency where appropriate.
  • Oversee ongoing management of employee benefits (UK and international), including provider/broker relationships, renewals, cost-efficiency, and enhancements to support wellbeing.
  • Lead the end-to-end annual compensation review process (salary, bonus), including moderation, fairness checks, and smooth execution via our systems.
  • Partner with HR and leadership to develop reward frameworks, guidelines, and structures that align performance with outcomes.
  • Provide expert guidance to recruiters, HRBPs, and business leaders on reward structures, internal/external benchmarking, and job grading decisions.
  • Handle salary survey submissions, external market data usage, and formal job grading (using established methodologies like Aon McLagan/WTW).
  • Produce proactive reward analytics, reports, insights, and Remuneration Committee materials.
  • Manage day-to-day and technical reward/benefits queries, bonus/salary review reporting, and compliance with regulatory requirements.
  • Support benefits evolution to remain competitive, cost-effective, and employee-focused across locations.

Skills & Experience Required

  • Strong verbal, written, and presentation skills; able to communicate clearly with stakeholders at all levels.
  • High attention to detail and accuracy, especially with sensitive/complex reward data.
  • Excellent analytical/numerical skills and confidence using data/insights for decision-making.
  • Well-organised with the ability to prioritise, deliver at pace, and meet tight deadlines under pressure.
  • Advanced Excel proficiency and strong IT literacy.
  • Experience collaborating across HR, finance, leadership, and external partners; building relationships and influencing without hierarchy.
  • Comfortable managing/developing a small team with clear direction and support.
  • Proven experience in reward/benefits roles within financial services/insurance (global exposure advantageous).
  • Knowledge of UK/international compensation practices, benchmarking, job grading, and regulatory compliance.

JBRP1_UKTJ

Location:
London
Job Type:
FullTime
Category:
Business

We found some similar jobs based on your search