At a Glance
- Tasks: Lead exciting projects in Compensation, Benefits, and Reward within a dynamic HR team.
- Company: Join a leading organisation in the Reinsurance sector with a collaborative culture.
- Benefits: Competitive salary up to £80,000 pro rata, plus benefits and hybrid working.
- Other info: Fast-paced environment with opportunities for professional growth and collaboration.
- Why this job: Make a real impact on key HR initiatives while developing your expertise.
- Qualifications: Experience in Compensation, Benefits, and Reward, preferably in Financial Services.
The predicted salary is between 40500 - 49500 £ per year.
HR Business Partner – Compensation, Benefits & Reward Specialist
Up to c£80,000 Pro Rata + Benefits | 6-Month Fixed-Term Contract | Hybrid Working - Home & London EC4N
Are you a Compensation & Benefits / Reward specialist who enjoys being part of a genuinely positive, collaborative HR team? We are recruiting for an experienced HR Business Partner with a strong specialism in Compensation, Benefits and Reward to join a leading organisation within the Reinsurance sector on an initial six-month fixed-term contract. Offering a salary of up to £80,000 pro rata + benefits, there may also be some flexibility for an exceptional individual who brings particularly strong and relevant Reward, RemCo and executive compensation expertise.
This is a hands-on role for someone who can bring strong Reward expertise to several important projects, while being equally happy to roll up their sleeves and get involved across the wider HR function. You'll be joining a busy, friendly team in a fast-paced environment, so we're looking for someone who combines technical expertise with a great attitude: positive, dynamic, flexible, self-starting and straightforward in their approach.
The Role
- Working closely with the wider HR team and senior stakeholders, you'll take ownership of several key projects, including:
- Developing the plan and design for a return to an Individual Ratings approach.
- Designing a Personal Goals and Incentives Scheme, ready for its planned reintroduction in April 2027.
- Developing the plan for the 2027 Remuneration Committee (RemCo) review, including supporting the preparation of RemCo papers.
- Supporting wider Reward activity across areas such as executive compensation, incentive schemes, bonus modelling and salary benchmarking.
- Reviewing maternity and paternity pay arrangements and supporting associated audit activity.
- Reviewing the current payroll provider and associated governance.
- Supporting the introduction of a new People Services Portal.
- Getting involved in other HR projects and initiatives as required.
About You
You'll most likely have developed your experience within Financial Services, Insurance or Reinsurance, with a strong background in Compensation, Benefits and Reward. We're particularly interested in experience across:
- Compensation, Benefits and Reward
- Remuneration Committees (RemCo) and RemCo paper preparation
- Reward and incentive scheme design
- Individual performance objectives and ratings
- Executive compensation
- Bonus modelling
- Salary benchmarking
- Payroll governance and provider reviews
- HR/Reward audits
Alongside your technical experience, you'll be someone who enjoys working at pace and taking ownership. You'll be comfortable working independently when required, but equally enjoy collaborating, sharing ideas and being part of a close-knit team. We're looking for someone who is sharp, pragmatic and delivery-focused, with the flexibility to move between specialist Reward work and broader HR projects. Above all, you'll bring a positive outlook, energy and an open, straightforward approach to both your work and the people around you. You don't necessarily need to have done everything on the list. What matters is being clear about where your expertise lies, bringing genuine depth in Reward and Compensation, and having the ability and attitude to pick up the rest quickly.
Salary: Up to c£80,000 pro rata + benefits, with potential flexibility for exceptional experience
Contract: 6-month Fixed-Term Contract
Location: London, EC4N
Working Pattern: Hybrid
HR Business Partner - Comp and Bens employer: DeFinitive
Definitive is an excellent employer for those seeking a dynamic and rewarding role in SAP development. With a focus on international projects, employees benefit from a competitive day rate, flexible remote work options, and opportunities for professional growth within a supportive team culture. The chance to engage with global manufacturing environments and occasional site visits in Herefordshire and Europe adds unique value to the experience.
StudySmarter Expert Advice🤫
We think this is how you could land HR Business Partner - Comp and Bens
✨Get Your Foot in the Door with Temp Agencies
Temporary roles in HR are often filled through agencies. Reach out to temp agencies that specialise in HR placements. They can help you find gigs quickly and give you a chance to demonstrate your skills in real-world scenarios.
✨Network at HR Events and Workshops
Dive into local HR events, workshops, and seminars. These are great opportunities to meet professionals already in the field and might lead to temporary positions. Be sure to have a chat, exchange contacts, and express your interest in on-the-spot opportunities!
✨Showcase Your Flexibility
In the temporary HR world, being adaptable is key. When you're networking or interviewing, highlight your ability to quickly learn and fill diverse roles, from recruitment to employee onboarding. Make it clear that you’re ready to dive in at any time!
✨Apply Directly Through Our Website
Don’t forget to check out the opportunities at DeFinitive and apply directly via our website. This way, you can express your interest in temporary roles and get ahead in the application process!
We think you need these skills to ace HR Business Partner - Comp and Bens
Some tips for your application 🫡
Show Off Your People Skills:In HR, showcasing your interpersonal skills is key. Make sure your CV highlights any experience you have dealing with talent management, resolving conflicts, or facilitating workshops. We want to see your ability to connect with others!
Tailor Your CV to HR:Use HR-specific language in your CV and cover letter. Mention any specific HR tools, software, or methodologies you’re familiar with, like ATS systems or performance management frameworks. This will show that you’re not just a good fit, but you've got the know-how to back it up!
Emphasise Your Flexibility:Since this is a temporary role, emphasising your adaptability and willingness to learn quickly is crucial. Include examples of how you've successfully jumped into new environments before or handled sudden changes in previous jobs. We love a team player who can hit the ground running!
Availability Matters:In your application, make sure to clarify your availability and commitment to the temporary position. This will help us understand when you can start and how you fit into our plans at DeFinitive. So, don’t be shy about laying it all out there!
How to prepare for a job interview at DeFinitive
✨Showcase Your Adaptability
Given that this is a temporary HR role at DeFinitive, it's crucial to demonstrate your flexibility and ability to adapt quickly. You might be thrown into new projects or systems, so share examples of how you've successfully navigated changes in past roles.
✨Familiarise Yourself with HR Tools
Many HR positions require familiarity with tools like HRIS or ATS systems. Before the interview, brush up on the specific software that DeFinitive uses—if you see any mentioned in the job posting, make sure you're ready to discuss them and your experience with similar tools.
✨Your Motivation Matters
As a temp, it's essential to convey your motivation for this role. Employers often look for candidates who are not just filling a position, but who are genuinely keen on contributing effectively in a short period. Consider sharing why you’re passionate about HR and how you see yourself adding value at DeFinitive.
✨Prepare for Real-World Scenarios
HR interviews often include situational questions that test your problem-solving skills. Think about common HR challenges, like dealing with conflict or managing onboarding efficiently, and prepare to discuss how you would handle these situations at DeFinitive.
