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- Tasks: Manage compensation frameworks and benefits programmes across Europe, ensuring compliance and market competitiveness.
- Company: Join CNA Hardy, a leading specialist in commercial insurance with a collaborative culture.
- Benefits: Competitive salary, professional development, and the chance to work in a dynamic environment.
- Other info: Opportunity for career growth in a supportive and innovative company.
- Why this job: Make a real impact on compensation strategies and employee benefits in a diverse, international setting.
- Qualifications: 5+ years in compensation and benefits, with strong project management and communication skills.
The predicted salary is between 60000 - 80000 £ per year.
We are seeking to hire a Senior Compensation & Benefits Consultant. The role will be based in our London office and will report into the Director of HR Operations. The role is accountable for the technical and commercial delivery of the company’s compensation and benefits frameworks, ensuring alignment with regulatory requirements, employment legislation and internal control standards.
The role supports multiple geographies across Europe, including the UK, France, Italy, Denmark, the Netherlands, Germany, Luxembourg and Belgium. Working in a matrix environment, the role partners with stakeholders across HR, Finance and the business. The approximate split of the role will be 40% compensation duties and 60% benefits duties.
Key Responsibilities- Compensation
- Maintain the CNA Hardy Willis Towers Watson (WTW) job architecture and benchmarking framework, including scoring and level roles consistently.
- Manage internal compensation data accurately and on time.
- Submit annual salary data to WTW.
- Analyse WTW outputs and develop market-reflective salary bands.
- Maintain job family and career framework structures.
- Produce compensation data and insights for the wider HR team.
- Maintain compensation data in Workday, ensuring data integrity and audit readiness.
- Lead the annual reward cycle, including policy review, mandatory indexation and collective bargaining agreement (CBA) updates where applicable.
- Design and manage financial retention schemes, partnering with Finance and local stakeholders as required.
- Administer local incentive compensation plans, ensuring consistent governance and documentation, including compliance with European Collective Bargaining Agreements.
- Monitor market trends and emerging compensation themes to inform policy and decision-making.
- Coordinate equal pay reporting and analysis.
- Coordinate Gender Pay Gap reporting and narrative.
- Support implementation of European pay transparency requirements, including stakeholder education and change adoption.
- Track compensation-related legislative changes across countries and ensure appropriate local implementation.
- Produce internal compensation reporting, dashboards and metrics as required.
- Benefits
- Provide effective oversight and administration of CNA Hardy’s benefits programmes, ensuring compliance with local regulatory, legal and company control frameworks.
- Project manage the annual benefits enrolment and renewal cycles across Europe, including benefit self-selection in Darwin.
- In partnership with the Director of HR Operations, ensure CNA Hardy’s benefits offering remains market-competitive and delivers value for money.
- Work with the Payroll Operations Lead to verify and transfer data accurately and support the resolution of benefit-related payroll queries and discrepancies.
- Ensure benefit offerings are in line with European Collective Bargaining Agreements.
- Maintain accurate benefits records and documentation.
- Budget Management
- Assist the Director of HR Operations in the monitoring and management of compensation and benefit budgets and administration.
- Additional Duties
- Project work and audits as required.
- Minimum 5 years’ progressive experience within a Compensation Centre of Expertise.
- UK experience is essential, European experience is beneficial.
- Expertise in both compensation and benefits.
- Experience in London Insurance market and Lloyds syndicate compensation principles.
- Solid knowledge of compensation and benefit principles, employment law and market best practice.
- Background in commercial insurance.
- Expertise in delivery of complex compensation processes and cycles.
- Experience of WTW GGF framework and benchmarking tools.
- Strong project management skills and the ability to juggle multiple priorities and deliver to tight deadlines.
- Good understanding of Workday or similar HRIS, specifically used for compensation.
- Excellent interpersonal, verbal and written communication skills with the ability to influence and collaborate across diverse teams and regions.
- Excel and data manipulation skills to advanced level.
- Excellent interpersonal and stakeholder management skills.
CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We offer a highly specialised and comprehensive portfolio of innovative and market leading products. Coverage is available to businesses of all sizes for domestic, international and global exposures.
Senior Compensation & Benefits Consultant in London employer: CNA Hardy
Contact Detail:
CNA Hardy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compensation & Benefits Consultant in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the HR and compensation fields. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for those interviews! Research common questions for Senior Compensation & Benefits Consultant roles and practice your answers. We recommend using the STAR method (Situation, Task, Action, Result) to structure your responses and showcase your experience.
✨Tip Number 3
Showcase your expertise! Create a portfolio that highlights your achievements in compensation and benefits. Include any projects you've led, data analyses you've conducted, or innovative solutions you've implemented. This will set you apart from other candidates.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at CNA Hardy. Don’t miss out on this opportunity!
We think you need these skills to ace Senior Compensation & Benefits Consultant in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Compensation & Benefits Consultant role. Highlight your relevant experience in compensation frameworks and benefits administration, especially any work you've done in the London insurance market.
Showcase Your Skills: Don’t forget to showcase your project management skills and your ability to juggle multiple priorities. We love candidates who can demonstrate their expertise in both compensation and benefits, so make that clear!
Be Clear and Concise: When writing your cover letter, be clear and concise about why you’re the perfect fit for this role. Use specific examples from your past experiences to illustrate your points and show us how you can add value.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at CNA Hardy
✨Know Your Numbers
As a Senior Compensation & Benefits Consultant, you'll need to be comfortable with data. Brush up on your knowledge of compensation metrics and benefits trends in the European market. Be ready to discuss how you've used data to influence decisions in previous roles.
✨Understand the Regulatory Landscape
Familiarise yourself with the regulatory requirements and employment legislation relevant to compensation and benefits across the countries mentioned in the job description. This will show that you’re not just technically skilled but also aware of the legal frameworks that govern these areas.
✨Showcase Your Project Management Skills
This role involves juggling multiple priorities, so be prepared to share examples of how you've successfully managed projects in the past. Highlight your ability to deliver under tight deadlines and how you’ve coordinated with various stakeholders to achieve results.
✨Communicate Effectively
Strong interpersonal skills are key for this position. Practice articulating your thoughts clearly and confidently. Think about how you can demonstrate your ability to influence and collaborate with diverse teams during the interview, as this will be crucial in a matrix environment.