Reward and Benefits Analyst (senior)

Frazer Jones is now representing a world class brand, based in the outskirts of northwest London.

We are keen to hire a Reward and Benefits Senior Analyst to join this fantastic company on a permanent basis. The reward and benefits analyst will assist with various benefits-related initiatives as a member of the team. The post holder will manage the renewal process, address benefit-related enquiries, and oversee important benefits projects. On the comensation side, you will be working closely with the wider Reward team in putting together company compensation structures, work on salary/bonus reviews. This position reports into the head of reward, you will have excellent exposure to international reward and benefit processes.

This role will be hybrid working, 2 days a week in the office.

Key responsibilities

• Build and maintain a strong network with key contacts inside the Firm and outside with Benefits.
• Work collaboratively with HR, business leaders and 3rd party providers.
• Proactively keep up to date with related HR, business initiatives and external market trend that may impact on the reward strategy and ensure relevant information is shared as appropriate.
• Be responsible for performing benchmarking excericises, including market review and data analysis.
• Act to support the development of salary structures and ranges, maintaining trends and firm’s competition
• Responsible for rolling out compensation programmes, looking at systems and processes.
• Work closely with stakeholders in advising what trends are in place for everyday benefit changes this includes; renewals, managing vendors and looking at competitors work flow
• Work closely with benefit brokers and being able to negotiate the best rate for benefits that matches up to the business needs.
• Collaborate and Confer with the wider business and HR to ensure reward plans are aligned with stakeholders.
• Offer direction and support to the reward team to ensure delivery is kept up to company guidelines.

• Administer or participate in Reward related or HR related projects.

Skills required:

• Previous mid-senior experience in a Compensation & Benefits or wider Reward environment.
• Advanced Microsoft package experience, excellent on Excel – the ability to manipulate data.
• Previous management or mentoring experience (essential)
• CIPD Level qualified/Degree equivalent/qualified by experience.

• Strong project management skills organised and accurate with very strong attention to detail.
• Works well independently and in a team environment.

The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.