At a Glance
- Tasks: Analyse reward data and support pay decisions with insightful reports and dashboards.
- Company: Join a collaborative and innovative team at Arch Europe Insurance Services Ltd.
- Benefits: Enjoy competitive salary, benefits analysis, and opportunities for career growth.
- Why this job: Make a real impact by enabling fair and consistent reward practices.
- Qualifications: 1-3 years in analytics or reward roles; strong Excel skills required.
- Other info: Dynamic environment with a focus on problem-solving and innovation.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Reward Analyst role at ARCH EUROPE INSURANCE SERVICES LTD. With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable PossibilitySM.
Reward Data and Analysis
- Maintain accurate and up-to-date reward data across internal systems and data sources.
- Gather, clean, and analyze large datasets to support reward and pay decisions.
- Produce regular reports and dashboards on pay, benefits, and workforce trends.
- Support data modelling for salary reviews, bonus calculations, and pay progression.
- Provide data insights and recommendations to support fair and consistent reward practices.
Market Benchmarking
- Own the external market benchmarking exercises and manage participation in appropriate survey data (e.g. Willis Towers Watson, Radford McLagan) for Arch locations outside North America.
- Maintain market awareness and recommend additional surveys and/or new sources as appropriate.
- Help maintain internal pay structures, job levelling, and grading frameworks.
- Support HR requests for market benchmarking.
- Track market trends and support analysis on competitiveness of pay and benefits.
Benefits and Recognition
- Support benefits analysis and data collection as appropriate, including survey participation and analysis of employee elections and participation.
Reporting and Governance
- Support production of accurate, timely management information for senior stakeholders.
- Help prepare statutory reports such as gender pay gap and other pay transparency requirements.
- Maintain documentation and ensure data accuracy and compliance with GDPR and internal standards.
Skills and Experience
- 1–3 years' experience in an analytical or reward-related role (e.g. data analyst, compensation or benefits analyst).
- Strong Excel skills (pivot tables, VLOOKUP, formulas, charts); experience with Power BI or other data visualization tools a plus. VBA or Python a plus.
- Confident working with large, complex datasets.
- Excellent attention to detail, data accuracy, and organization.
- Strong numerical and problem‐solving skills with a clear, logical approach.
- Effective communication skills — able to explain insights clearly to non‐technical audiences.
- Interest in building a career within Compensation, and Benefits Analytics.
Qualifications
- Degree in Data Analytics, Business, Economics, Finance, Math, or a related discipline (or equivalent experience).
- Formal training in data analytics, Power BI, or advanced Excel an advantage.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.
Reward Analyst in London employer: ARCH EUROPE INSURANCE SERVICES LTD
Contact Detail:
ARCH EUROPE INSURANCE SERVICES LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reward Analyst in London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at ARCH EUROPE INSURANCE SERVICES LTD on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by researching the company culture and values. Since they focus on collaboration and innovation, think of examples from your past experiences that showcase these traits. We want to see how you fit into their vision!
✨Tip Number 3
Show off your analytical skills during the interview! Be ready to discuss how you've handled large datasets in the past and how you can apply those skills to support reward and pay decisions at ARCH. We love seeing candidates who can think critically!
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email reiterating your interest in the Reward Analyst role can leave a lasting impression. Plus, it shows you’re genuinely keen on joining the team!
We think you need these skills to ace Reward Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reward Analyst role. Highlight your analytical skills and any experience with data management or market benchmarking. We want to see how your background aligns with what we do!
Showcase Your Skills: Don’t forget to showcase your Excel skills and any experience with data visualisation tools like Power BI. If you’ve got VBA or Python knowledge, mention that too! We love seeing candidates who can handle complex datasets.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how you can contribute to our mission at ARCH. Keep it concise but impactful – we want to feel your enthusiasm!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be part of our talent community where you can stay updated on future opportunities!
How to prepare for a job interview at ARCH EUROPE INSURANCE SERVICES LTD
✨Know Your Numbers
As a Reward Analyst, you'll be dealing with data all the time. Brush up on your Excel skills, especially pivot tables and VLOOKUPs. Be ready to discuss how you've used these tools in past roles to analyse data or support pay decisions.
✨Market Awareness is Key
Familiarise yourself with current market trends in compensation and benefits. Research companies like Willis Towers Watson and Radford McLagan. During the interview, show that you understand how external benchmarking works and why it’s important for maintaining competitive pay structures.
✨Communicate Clearly
You’ll need to explain complex data insights to non-technical audiences. Practice articulating your thoughts clearly and concisely. Consider preparing examples of how you've successfully communicated data findings in previous roles.
✨Show Your Passion for Analytics
Express your interest in building a career in Compensation and Benefits Analytics. Share any relevant projects or experiences that highlight your analytical mindset and problem-solving skills. This will demonstrate your commitment to the field and align with the company’s innovative culture.