At a Glance
- Tasks: Lead and enhance European benefits programmes while supporting compensation frameworks.
- Company: Thriving financial services business with a collaborative HR team.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity for career growth in a supportive and innovative workplace.
- Why this job: Combine technical expertise with practical delivery to make a real impact.
- Qualifications: Strong knowledge of employee benefits, compensation principles, and experience with HR systems.
The predicted salary is between 59400 - 72600 £ per year.
We’re acting for a thriving financial services business who are looking for an experienced Reward & Benefits Manager to join.
This role is ideal for someone who enjoys combining technical expertise with practical delivery.
Approximately 70% of the role focuses on benefits management across Europe, with the remaining 30% focused on compensation and reward activities, helping to ensure reward programmes remain competitive, compliant and well-governed.
Reporting to the Director of HR, you’ll also work closely with others across HR, Finance and business leaders.
Key duties: Benefits – take the lead in the day-to-day management and development of European benefits programmes, including: Managing and continuously improving benefits offerings across multiple European countries.
Coordinating annual benefits renewals and enrolment activities, including employee self-selection through Darwin.
Working with external providers, brokers and internal stakeholders to ensure programmes run smoothly and compliantly.
Supporting the review of benefits to ensure they remain competitive, cost-effective and aligned to employee needs.
Partnering with Payroll to ensure accurate benefit administration and resolve any related queries.
Maintaining accurate records, governance documentation and controls.
Ensuring benefit programmes comply with local legislation and applicable European collective bargaining agreements.
Contributing to benefits projects, enhancements and employee communications.
Compensation – support the delivery and governance of compensation frameworks across Europe, including: Maintaining job evaluation and benchmarking frameworks using WTW methodologies.
Analysing market data and supporting the development of salary structures and reward recommendations.
Maintaining compensation data within Workday and ensuring data accuracy.
Supporting annual salary and reward review processes.
Producing reward analysis, reporting and insights for HR and business leaders.
Supporting equal pay, gender pay gap and pay transparency initiatives.
Monitoring market trends and relevant legislative developments.
Assisting with retention and incentive programmes where required.
As a result, the business is looking to meet candidates who bring a blend of technical reward knowledge and a practical, collaborative approach, to include: Strong expertise in employee benefits and reward programmes.
Experience working within both the UK and wider European locations.
A solid understanding of compensation and benefits principles, governance and employment legislation.
Experience managing annual reward and benefits cycles.
Knowledge of Willis Towers Watson (WTW) job architecture and benchmarking methodologies.
Experience using Workday or a similar HR system.
Advanced Excel and data analysis skills.
Please contact Peter Francis at Frazer Jones for more details The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.
Reward & Benefits Consultant, London. employer: Frazer Jones
Frazer Jones is an excellent employer that fosters a dynamic and supportive work culture, ideal for those looking to make a meaningful impact in HR. With a focus on employee development and flexible working arrangements, team members are encouraged to grow their skills while enjoying a healthy work-life balance in the vibrant city of Birmingham. The opportunity to lead projects and mentor others makes this role particularly rewarding for ambitious HR professionals.
StudySmarter Expert Advice🤫
We think this is how you could land Reward & Benefits Consultant, London.
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Frazer Jones. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Reward & Benefits Consultant, London.
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Frazer Jones.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Frazer Jones's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Frazer Jones
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Frazer Jones.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Frazer Jones will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Frazer Jones employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
