Total Reward Manager

Total Reward Manager

City of London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the design of compensation and benefits strategies for a global insurance company.
  • Company: Join a forward-thinking, globally established insurance firm experiencing rapid growth.
  • Benefits: Enjoy a dynamic work environment with opportunities for career elevation and professional development.
  • Why this job: Be part of a fast-paced team, influencing reward strategies across diverse locations.
  • Qualifications: Experience in total rewards management is essential; strong analytical skills are a plus.
  • Other info: Flexible recruitment process; support available for applicants needing adjustments.

The predicted salary is between 43200 - 72000 £ per year.

My client is a well-established yet forward thinking global insurance company. Following consistent growth and recent acquisitions, they are now looking to hire a Total Reward Manager to take ownership and deliver on compensation and benefits strategy for the organization's non-US jurisdictions.

You will be responsible for the evaluation of salary structures, market trends and performance metrics to design and develop comprehensive packages which align to the organizations' strategic direction and goals. This is a broad role with the opportunity to get involved with a breadth of compensation and benefits activities, contribute to reward strategy across different locations and ensure a more streamlined approach.

You will be working closely with the Vice President of Total Rewards and HR Director and support on the delivery of strategic reward projects as well as cyclical reward and benefits processes. This is a fantastic opportunity for individuals with total reward experience who are looking to elevate their career and gain more exposure in a fast-paced, agile and growing business.

You will collaborate with HR business partners, finance teams and department leaders to develop and align total reward strategies to the wider business goals. Be the subject matter expert and advise on benefits and compensation issues. Continuously improve and analyse the total reward strategy and suggest improvements where needed.

If you are interested in discussing this role further, please apply for the position or contact Maisie Barker at meb@elliottscotthr.com (Job Code 51024). If you require any adjustments, accommodation, or additional support during the recruitment process, please do not hesitate to let us know. Click here to learn more about our commitments to accessible recruitment.

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Total Reward Manager employer: Elliott Scott - HR search & recruitment

As a forward-thinking global insurance company, we pride ourselves on fostering a dynamic work culture that values innovation and collaboration. Our employees benefit from comprehensive compensation packages, professional development opportunities, and the chance to contribute to strategic reward initiatives across diverse locations. Join us in a fast-paced environment where your expertise in total rewards will be recognised and rewarded, allowing you to elevate your career while making a meaningful impact.
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Contact Detail:

Elliott Scott - HR search & recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Total Reward Manager

✨Tip Number 1

Familiarise yourself with the latest trends in compensation and benefits. Understanding current market practices will not only help you in interviews but also demonstrate your commitment to staying updated in the field.

✨Tip Number 2

Network with professionals in the total rewards space. Engaging with others in the industry can provide insights into best practices and may even lead to referrals or recommendations for the role.

✨Tip Number 3

Prepare to discuss specific examples of how you've improved compensation strategies in previous roles. Being able to articulate your impact will set you apart from other candidates.

✨Tip Number 4

Research the company’s existing reward strategies and be ready to suggest potential improvements. Showing that you've done your homework will impress the hiring team and demonstrate your proactive approach.

We think you need these skills to ace Total Reward Manager

Compensation Strategy Development
Benefits Administration
Market Analysis
Salary Structure Evaluation
Performance Metrics Analysis
Stakeholder Collaboration
Project Management
HR Business Partnering
Data Analysis
Communication Skills
Problem-Solving Skills
Agile Methodologies
Strategic Thinking
Continuous Improvement

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Total Reward Manager. Familiarise yourself with compensation and benefits strategies, salary structures, and market trends relevant to the insurance industry.

Tailor Your CV: Highlight your experience in total rewards, compensation analysis, and benefits management. Use specific examples that demonstrate your ability to design and implement reward strategies that align with business goals.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Mention how your skills and experiences make you a perfect fit for the position and how you can contribute to their strategic direction.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail and professionalism, which are crucial in a managerial role.

How to prepare for a job interview at Elliott Scott - HR search & recruitment

✨Understand the Total Reward Landscape

Familiarise yourself with current trends in compensation and benefits, especially in non-US jurisdictions. Being able to discuss market benchmarks and how they relate to the company's strategy will show your expertise.

✨Prepare for Strategic Discussions

Since you'll be working closely with senior leaders, prepare to discuss how you can align total reward strategies with broader business goals. Think about examples from your past experience where you've successfully implemented such strategies.

✨Showcase Your Analytical Skills

Be ready to demonstrate your ability to evaluate salary structures and performance metrics. Bring examples of how you've used data to inform decisions or improve reward strategies in previous roles.

✨Emphasise Collaboration

Highlight your experience working with HR business partners, finance teams, and department leaders. Discuss how you’ve successfully collaborated in the past to achieve common goals, as this role requires a team-oriented approach.

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