At a Glance
- Tasks: Lead high-impact projects in Compensation, Benefits & Reward within a dynamic HR team.
- Company: Join a leading organisation in the Reinsurance sector with a collaborative culture.
- Benefits: Competitive salary up to £90,000 pro rata, hybrid working, and additional benefits.
- Other info: Fast-paced environment with opportunities for professional growth and influence.
- Why this job: Make a real impact on executive remuneration and reward strategy in a visible role.
- Qualifications: Experience in Compensation & Benefits, particularly with Remuneration Committees.
The predicted salary is between 40500 - 49500 £ per year.
HR Business Partner – Compensation, Benefits & Reward / Rem Co
London EC4N | Hybrid Working – Home & London City
Up to c.£90,000 Pro Rata + Benefits
6-Month Fixed-Term Contract
Reinsurance / Insurance / Financial Services
Reward Expertise. Rem Co Exposure. High-Impact HR Projects.
We are looking for an experienced HR Business Partner specialising in Compensation, Benefits & Reward to join a leading organisation within the Reinsurance sector on an initial six-month fixed-term contract.
This is an excellent opportunity for an accomplished Reward professional with genuine Remuneration Committee (Rem Co) experience to take ownership of several high-profile compensation and reward projects with significant senior leadership exposure.
Youll be joining a collaborative, experienced HR team where youll have the freedom to bring your expertise, challenge existing thinking and deliver meaningful change.
The package is up to c.£90,000 pro rata + benefits, with potential flexibility for an exceptional candidate bringing particularly strong Rem Co, executive compensation and financial services Reward experience.
Why Consider This Opportunity?
- Take ownership of several strategically important Reward and Rem Co projects
- Work directly with senior HR and business stakeholders
- Gain significant exposure to executive remuneration and incentive design
- Join an established organisation within the London Reinsurance market
- Hybrid working between home and London City
- Broad remit combining specialist Reward expertise with wider HR projects
- Opportunity to influence Reward strategy rather than simply administer existing processes
- Your Reward & Rem Co Projects
Youll take ownership of a number of important initiatives, including
- Developing the strategy and design for a return to an Individual Ratings approach
- Designing a new Personal Goals & Incentives Scheme ahead of its planned introduction in April 2027
- Developing the plan for the 2027 Remuneration Committee review
- Preparing and supporting high-quality Rem Co papers and remuneration documentation
- Supporting executive compensation activity
- Developing and reviewing bonus and incentive models
- Conducting salary and market benchmarking
- Reviewing maternity and paternity pay arrangements
- Supporting Reward and HR-related audits
- Reviewing the existing payroll provider and associated governance
- Supporting implementation of a new People Services Portal
- Contributing to broader HR projects where your expertise can add value
What We're Looking For
We're particularly interested in speaking with Compensation & Benefits, Reward and HR professionals who have operated within a sophisticated, regulated environment.
Youll ideally bring
- Strong experience across Compensation, Benefits & Reward
- Direct experience supporting Remuneration Committees (Rem Co)
- Experience preparing Rem Co papers and supporting committee reviews
- Strong knowledge of executive compensation
- Experience designing and reviewing bonus and incentive schemes
- Knowledge of individual performance ratings and objectives
- Strong salary benchmarking and market analysis experience
- Experience with payroll governance and provider reviews
- Exposure to HR and/or Reward audits
- Strong stakeholder management skills, including working with senior executives
- Sector Experience
- Experience within one or more of the following would be particularly attractive:
- Reinsurance
- Insurance
- Lloyd's / London Market
- Banking
- Asset Management
- Specialist Financial Services
Previous experience operating within a regulated financial services environment will be highly advantageous.
The Person
This isn't a role for someone who wants to sit quietly behind spreadsheets and wait for instructions.
Youll be a self-starter who can quickly understand the organisation, establish priorities and take ownership of projects.
Youll be
- Commercial and pragmatic
- Highly analytical and detail-focused
- Confident working with senior stakeholders
- Comfortable challenging constructively
- Able to operate independently
- Collaborative and straightforward
- Comfortable moving between strategic Reward projects and hands‑on delivery
- Positive, energetic and able to work effectively in a fast‑paced environment
The Opportunity
If you're a Reward / Compensation & Benefits specialist with genuine Rem Co experience and want a six-month assignment where your expertise will be highly visible and genuinely valued, this is an opportunity to make an immediate impact.
Youll take ownership of projects covering Rem Co, executive compensation, incentives, performance ratings, benchmarking and Reward governance, while working alongside an experienced HR team within the London Reinsurance market.
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HR Business Partner - Comp and Bens / RemCo employer: Definitive
Join a leading organisation in the Reinsurance sector as an HR Business Partner, where you'll have the opportunity to take ownership of high-impact compensation and reward projects. With a collaborative work culture and hybrid working options in London City, this role offers significant exposure to senior leadership and the chance to influence strategic Reward initiatives. The company values employee growth and provides a competitive salary package, making it an excellent employer for professionals seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land HR Business Partner - Comp and Bens / RemCo
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We think you need these skills to ace HR Business Partner - Comp and Bens / RemCo
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.