Reward Manager

Reward Manager

Hybrid, based London or Surrey

£100-115,000 plus benefits depending on experience

Alexander Lloyd are pleased to partner with a global Insurance organisation on their search for a Reward Manager to form part of a team of 7 FTE and take the #2 role, reporting to the Head of Reward.

As Reward Manager, you will use your expertise in Reward, Performance, Pensions and Benefits to help deliver key reward processes across the UK business. You will support and manage the integration, operational efficiency, sustainability and ongoing cost management of the function.

You will investigate, recommend and implement the agreed Reward Strategy whilst maintaining high levels of engagement with employees.

You'll be involved in key projects in the Reward Centre of Expertise as well as those in the wider HR team. The role will require liaising and working with colleagues in Group HR. Duties include:

• Support the CHRO and the Head Reward on corporate initiatives e.g. strategic projects, restructures, etc.
• Executive appointments and changes to Executive contracts.
• Preparing reports and updating actions for the Compensation and Nomination Committee and the Executive Committee meetings.
• Lead on some of the key Reward projects that are needed to deliver the 3 year Reward Strategy.

• Reward:

• Overseeing of year end cycle which includes the salary review and bonus for all levels.
• Management of all aspects of Executive Compensation within local and Group frameworks.
• Oversee the annual Performance Management cycle.
• Complete external and internal benchmarking analysis for senior roles and use insights to support compensation decisions.
• Oversee and ensure gathering and analysis of high quality data for annual activities; e.g. annual benchmarking submissions, gender pay gap reporting and national / real living wage checks.
• Maintain the governance and integrity of the job evaluation process.
• Oversight of the Reward governance;Pay and Bonus Guidelines etc.
• Partner wider HR and business leaders as a subject matter expert.
• Rolling out and ensuring changes are culturally embedded in the organisation.
• Identifying and recommending improvements to the Reward offering.

Successful candidates will be proven Reward professionals, ideally with experience gained in a regulated financial services organisation. Executive compensation and remco experience is key, and a PLC background would be highly beneficial. You must be highly numerate, coupled with excellent verbal and written communication skills for board and remco meetings.

This is a highly visible career step for aspiring Reward directors, and the role offers a competitive salary of c£100k depending on experience.

Please quote 51205 when calling Simon Geere at Alexander Lloyd or email them at . This is only one of many vacancies we are handling, Alexander Lloyd Human Resources Recruitment Solutions is the leading recruiter for HR Director, Manager, Business Partner, Learning & Development, Internal Communications, Talent Acquisition and Reward opportunities across Surrey, Sussex, Kent and London.

Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been shortlisted for this role.