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Reward Analyst

Date: 21 Jul 2025

Company: Royal London Group

Job Title: Reward Analyst

Contract Type: Fixed Term Contract (12 months)

Working style: Hybrid 50% home/office based

Overview:

We have an exciting opportunity for a Reward Analyst to join the Performance & Reward Team at Royal London on a 12-month fixed term contract basis. The Reward Analyst will work alongside the Reward Team and wider People Function, providing support to people managers seeking guidance on all aspects of Performance and Reward (pay, benefits, benchmarking, recognition, annual pay and performance cycles).

The Performance and Reward team are commercially minded and strategically aligned to the business. They enable the People function and the wider business to achieve their objectives by developing, maintaining and managing the strategy for, and approach and delivery of, Remuneration & Benefits.

About the role:

• Be a first point of contact for Performance and Reward analysis, advice and support
• Provide support to Reward Teamon projects, areas of specialism and/or reward analytics
• Proactively keeps up-to-date with related People and business issues and initiatives that may impact the reward strategy, and ensures that relevant information is shared within the immediate team, as appropriate
• Work in partnership with people managers on performance and reward ensuring input is provided effectively, professionally and within required timescales
• Provide credible advice on reward, performance, benefits and wider people policy issues, complying with policy, best practice and statutory requirements demonstrating and providing a challenging and robust view to deliver true business value
• Work with recruitment colleagues to support and develop recruitment campaign
• Provide input into policy development activities to raise awareness of and ensure compliance with best practice
• Analyse regular and ad hoc people data reports making recommendations for action
• Support the delivery cyclical reward activity and process as well as ad-hoc projects as required

About you:

• The successful candidate will have the ability to build effective working relationships with the team and managers, demonstrate good communication and have the ability to provide excellent advice to managers
• Previous experience of working within a Rewards function and experience of pay review cycles
• Commercial experience and an understanding of how HR can impact business performance
• Previous demonstrable experience within a reward environment including compensation, benefits, and pay models and review processes
• Experience of using MS Excel
• Excellent analytical skills

If you think you would be a great fit for our team at Royal London but don’t meet all the requirements of the role, please get in touch as your application will still be considered.

About Royal London

We’re the UK’s largest mutual life, pensions and investment company, offering protection, long-term savings and asset management products and services.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits

Inclusion, diversity and belonging

We’re an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.