Rewards Analyst

Rewards Analyst

Full-Time 42000 - 84000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Analyse and improve reward systems while managing performance and compensation data.
  • Company: Dynamic financial services firm with a hybrid work culture.
  • Benefits: Competitive salary up to ÂŁ70,000 and opportunities for professional growth.
  • Why this job: Make a real impact on remuneration processes in a fast-paced environment.
  • Qualifications: Degree in HR or Business, strong analytical skills, and attention to detail.
  • Other info: Join a collaborative team and thrive in a global organisation.

The predicted salary is between 42000 - 84000 ÂŁ per year.

Our client, a leading international financial services organisation, is seeking an interim Senior Reward Analyst to support a busy period of transformation within its People function. This is a high‑impact role working closely with the Head of Reward to deliver critical reward initiatives, provide analytical expertise, and strengthen the organisation’s overall reward governance.

The position has been created to bolster capacity during a cycle of significant regulatory, structural and compensation‑related change. Operating as a trusted specialist, you will support core annual processes, contribute to the development of new reward frameworks, and help ensure compliance with evolving requirements such as the EU Pay Transparency Directive. The successful candidate will bring analytical depth, strong technical knowledge, and the confidence to collaborate across a diverse stakeholder group.

Key Responsibilities

  • Manage modelling, data analysis and reporting to support the Annual Salary and Bonus Review cycle, ensuring accurate and timely delivery.
  • Contribute to the organisation’s response to the EU Pay Transparency Directive, supporting the implementation, communication, and training activities.
  • Develop and refine compensation ranges in line with regulatory expectations and internal reward strategy.
  • Lead specific reward projects, including the enhancement of job evaluation frameworks (WTW) and the Global Grading System.
  • Complete external market salary surveys, analyse trends, and advise on adjustments to maintain competitive pay positioning.
  • Provide guidance to HRBPs and business stakeholders on pay, benefits and reward policies, ensuring alignment with governance standards.
  • Support performance management, out‑of‑cycle salary processes and recognition initiatives across the business.
  • Review and improve reward policies, ensuring they remain competitive, efficient and fit for purpose.
  • Contribute to the ongoing development of the People Department’s service catalogue and reward service delivery.

Candidate Profile

  • Strong experience with Willis Towers Watson job evaluation methodologies and implementation of Global Grading frameworks.
  • Advanced analytical capability, with strong Excel skills (ideally including macros) and confidence in modelling and data interpretation.
  • Skilled PowerPoint and SharePoint user, able to present complex information clearly and visually.
  • Experience with HRIS platforms from a reward perspective.
  • Familiarity with EU Pay Transparency Directive requirements and related roll‑out activities (preferred).
  • Thrives in a fast‑paced environment and able to make well‑judged decisions with limited guidance.
  • Highly organised, with excellent planning skills and the ability to manage competing priorities.
  • Strong interpersonal and stakeholder‑management capabilities; collaborates effectively across teams and cultural contexts.
  • High levels of integrity, professionalism, resilience, and adaptability.

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Rewards Analyst employer: Catalyst Partners

As a Rewards Analyst at our London-based financial services firm, you will be part of a dynamic and inclusive work culture that prioritises employee growth and development. We offer competitive salaries, flexible hybrid working arrangements, and opportunities to engage in meaningful projects that directly impact our remuneration strategies. Join us to enhance your analytical skills while contributing to a collaborative team dedicated to excellence in performance management.
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Contact Detail:

Catalyst Partners Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Rewards Analyst

✨Tip Number 1

Network like a pro! Reach out to people in the financial services sector, especially those who work in rewards or HR. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your analytical skills and understanding of reward frameworks. We recommend practising common interview questions related to performance data analysis and compensation strategies to show you're the right fit.

✨Tip Number 3

Don’t forget to showcase your attention to detail! Bring examples of how you've managed sensitive data or improved processes in previous roles. This will help you stand out as someone who can handle the responsibilities of a Rewards Analyst.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and take the initiative to connect with us directly.

We think you need these skills to ace Rewards Analyst

Analytical Skills
Attention to Detail
Data Analysis
Compensation Data Management
HRIS Proficiency
Communication Skills
Organisational Skills
Project Management
Market Benchmarking
Confidentiality Management
Adaptability
Proactivity
Team Collaboration
Self-Motivation

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Rewards Analyst role. Highlight your analytical skills and any experience with compensation data or performance reviews. We want to see how your background fits perfectly with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about reward frameworks and how your skills align with our needs. Keep it concise but impactful – we love a good story!

Showcase Your Attention to Detail: Since this role requires meticulous attention to detail, make sure your application is free from typos and errors. We appreciate candidates who take the time to present their best selves, so double-check everything before hitting send!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!

How to prepare for a job interview at Catalyst Partners

✨Know Your Numbers

As a Rewards Analyst, you'll be dealing with a lot of data. Brush up on your analytical skills and be prepared to discuss how you've used data in previous roles. Bring examples of reports or analyses you've conducted that demonstrate your attention to detail and ability to interpret complex information.

✨Understand the Reward Framework

Familiarise yourself with common reward frameworks and compensation strategies within the financial services sector. Be ready to discuss how you can contribute to improving these systems. Showing that you understand the nuances of remuneration processes will set you apart from other candidates.

✨Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities, especially in managing sensitive data or handling multiple priorities. Think of specific scenarios where you've successfully navigated challenges in previous roles, and be ready to share those stories during the interview.

✨Show Your Collaborative Spirit

This role requires a collaborative mindset, so be prepared to discuss how you've worked effectively in teams. Highlight experiences where you've contributed to group projects or initiatives, especially in a global or matrixed environment, to demonstrate your ability to thrive in a team-oriented setting.

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