Senior Compensation and Benefits Analyst

Senior Compensation and Benefits Analyst

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead the design of compensation and benefits strategies for global non-US teams.
  • Company: Join a dynamic, innovative global insurance company with a strong growth trajectory.
  • Benefits: Enjoy competitive pay, flexible work options, and opportunities for professional development.
  • Why this job: Elevate your career in a fast-paced environment while making a real impact on employee rewards.
  • Qualifications: Experience in total rewards is essential; analytical skills and collaboration are key.
  • Other info: Contact Maisie Barker for more details and support during the application process.

The predicted salary is between 43200 - 72000 £ per year.

My client is a well-established yet forward thinking global insurance company. Following consistent growth and recent acquisitions, they are now looking to hire a Senior Total Reward Analyst to take ownership and deliver on compensation and benefits strategy for the organization's non-US jurisdictions.

The role involves the evaluation of salary structures, market trends and performance metrics to design and develop comprehensive packages which align to the organization's strategic direction and goals. This is a broad role with the opportunity to get involved with a breadth of compensation and benefits activities, contribute to reward strategy across different locations and ensure a more streamlined approach.

You will be working closely with the Vice President of Total Rewards and HR Director and support on the delivery of strategic reward projects as well as cyclical reward and benefits processes. This is a fantastic opportunity for individuals with total reward experience who are looking to elevate their career and gain more exposure in a fast-paced, agile and growing business.

You will collaborate with HR business partners, finance teams and department leaders to develop and align total reward strategies to the wider business goals. Be the subject matter expert and advise on benefits and compensation issues. Continuously improve and analyse the total reward strategy and suggest improvements where needed.

If you are interested in discussing this role further, please apply for the position or contact Maisie Barker at (Job code 51024). If you require any adjustments, accommodation, or additional support during the recruitment process, please do not hesitate to let us know. Click here to learn more about our commitments to accessible recruitment.

Personal data collected will be used for recruitment purposes only. By applying for this position, you consent to the collection, use, and disclosure of your personal data to Elliott Scott HR Recruitment Ltd. and all relevant third parties for the purpose of processing your application. Your personal data will be processed in accordance with our Privacy Policy.

Senior Compensation and Benefits Analyst employer: Elliott Scott - HR search & recruitment

As a forward-thinking global insurance company, we pride ourselves on fostering a dynamic work culture that values innovation and collaboration. Our employees benefit from comprehensive compensation packages, continuous professional development opportunities, and the chance to make a meaningful impact across diverse international jurisdictions. Join us in a fast-paced environment where your expertise in total rewards will be recognised and rewarded, all while contributing to our strategic goals and growth.
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Contact Detail:

Elliott Scott - HR search & recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Compensation and Benefits Analyst

✨Tip Number 1

Familiarise yourself with the latest trends in compensation and benefits, especially in non-US jurisdictions. This knowledge will not only help you stand out during discussions but also demonstrate your commitment to understanding the global landscape of total rewards.

✨Tip Number 2

Network with professionals in the compensation and benefits field. Attend industry events or join relevant online forums to connect with others who can provide insights or even referrals for the role at StudySmarter.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully designed and implemented compensation strategies in previous roles. Highlighting your hands-on experience will show that you're ready to take ownership of the responsibilities outlined in the job description.

✨Tip Number 4

Research our company culture and values at StudySmarter. Understanding what we stand for will allow you to tailor your conversations and demonstrate how your personal values align with ours, making you a more attractive candidate.

We think you need these skills to ace Senior Compensation and Benefits Analyst

Compensation Strategy Development
Benefits Analysis
Market Trend Evaluation
Salary Structure Design
Performance Metrics Analysis
Total Rewards Expertise
Stakeholder Collaboration
Project Management
Data Analysis
HR Policy Knowledge
Communication Skills
Problem-Solving Skills
Agile Methodologies
Attention to Detail

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities of a Senior Compensation and Benefits Analyst. Familiarise yourself with key terms like salary structures, market trends, and total reward strategies.

Tailor Your CV: Customise your CV to highlight relevant experience in compensation and benefits. Emphasise any previous roles where you've evaluated salary structures or contributed to reward strategies.

Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for total rewards and your understanding of the company's strategic goals. Mention specific examples of how you've successfully implemented compensation strategies in the past.

Highlight Collaboration Skills: In your application, emphasise your ability to work closely with HR business partners and finance teams. Provide examples of how you've collaborated on projects to align reward strategies with business objectives.

How to prepare for a job interview at Elliott Scott - HR search & recruitment

✨Understand the Total Rewards Landscape

Familiarise yourself with the latest trends in compensation and benefits, especially in non-US jurisdictions. Being able to discuss current market trends and how they relate to the company's strategy will demonstrate your expertise and readiness for the role.

✨Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving skills in real-world scenarios. Think of examples from your past experience where you successfully designed or improved compensation packages, and be ready to explain your thought process and outcomes.

✨Showcase Your Analytical Skills

As a Senior Compensation and Benefits Analyst, you'll need strong analytical abilities. Be prepared to discuss how you've used data to inform decisions in previous roles, and consider bringing examples of reports or analyses you've conducted.

✨Emphasise Collaboration Experience

This role involves working closely with various stakeholders. Highlight your experience collaborating with HR business partners, finance teams, and department leaders. Share specific instances where your collaboration led to successful outcomes in total rewards strategies.

Senior Compensation and Benefits Analyst
Elliott Scott - HR search & recruitment
E
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