At a Glance
- 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 dynamic work culture.
- Benefits: Enjoy competitive salary, flexible working options, and opportunities for professional growth.
- Other info: Collaborative environment with opportunities to work across multiple European countries.
- Why this job: Make a real impact on employee satisfaction and organisational success through innovative compensation strategies.
- Qualifications: 5+ years in compensation and benefits, with strong project management and communication skills.
The predicted salary is between 60000 - 80000 ÂŁ 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:
- Score 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.
- 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.
- Assist the Director of HR Operations in the monitoring and management of compensation and benefit budgets and administration.
- Project work and audits as required.
Skills and Experience
- 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 Lloyd’s 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 WTWGGF 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.
The Company
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 employer: CNA Hardy
Contact Detail:
CNA Hardy Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compensation & Benefits Consultant
✨Tip Number 1
Network like a pro! Reach out to connections in the industry, especially those who work in compensation and benefits. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by researching the company’s compensation frameworks and benefits offerings. Show us you’re not just interested in the role but also in how you can contribute to their success!
✨Tip Number 3
Practice your pitch! Be ready to discuss your experience with compensation data management and benefits administration. We want to hear how you’ve tackled challenges in previous roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace Senior Compensation & Benefits Consultant
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.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Share specific examples of how you've successfully managed compensation data or led benefits projects in the past. We love a good story!
Showcase Your Skills: Don’t forget to highlight your project management skills and your ability to juggle multiple priorities. Mention any experience with Workday or similar HRIS systems, as well as your Excel prowess. We want to see what you can bring to the table!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy and ensures your application goes straight to the right people. We can’t wait to see what you’ve got!
How to prepare for a job interview at CNA Hardy
✨Know Your Stuff
Make sure you brush up on your knowledge of compensation and benefits frameworks, especially those relevant to the London insurance market. Familiarise yourself with the WTW job architecture and benchmarking tools, as well as any recent changes in employment legislation that could impact the role.
✨Showcase Your Experience
Prepare to discuss your previous experience in a Compensation Centre of Expertise. Highlight specific projects where you've successfully managed compensation data or led annual reward cycles. Use concrete examples to demonstrate your expertise in both compensation and benefits.
✨Engage with Stakeholders
Since this role involves partnering with various stakeholders, think about how you can illustrate your interpersonal skills. Be ready to share examples of how you've collaborated with HR, Finance, and other teams to achieve common goals, especially in a matrix environment.
✨Ask Insightful Questions
Prepare thoughtful questions that show your interest in CNA Hardy's compensation and benefits strategies. Inquire about their approach to market trends and how they ensure compliance with European regulations. This not only shows your enthusiasm but also helps you gauge if the company aligns with your values.