Reward Manager (Compensation & Benefits)
Reward Manager (Compensation & Benefits)

Reward Manager (Compensation & Benefits)

Full-Time 36000 - 60000 £ / year (est.) No home office possible
Jupiter Asset Mgmt

At a Glance

  • Tasks: Shape and enhance our compensation and benefits framework across the UK and internationally.
  • Company: Join Jupiter, a leading investment management company with a vibrant culture.
  • Benefits: Enjoy a competitive salary, hybrid working, and a focus on employee wellbeing.
  • Other info: Dynamic environment with opportunities for continuous improvement and career growth.
  • Why this job: Make a real impact by developing innovative reward strategies to attract top talent.
  • Qualifications: Experience in compensation and benefits, preferably in financial services.

The predicted salary is between 36000 - 60000 £ per year.

The Reward Manager will play a key role in shaping, delivering, and continuously improving the firm’s compensation and benefits framework across the UK and our international locations. The role focuses on ensuring the firm’s reward programmes are competitive, compliant, and aligned with business strategy, culture, and regulatory requirements in the financial services sector. The successful candidate will help develop competitive and innovative reward strategies to attract, retain and motivate top talent at Jupiter.

Key Responsibilities

  • Compensation: Contribute to the design and implementation of the annual compensation planning process, including salary reviews and bonus calculations. Support related modelling, insights, governance, and communications. Provide expert advice to HRBPs, TA Manage and business leaders on pay proposals, market positioning, and internal equity. Review and disseminate reward related market intelligence, trends and best practice across the local. Support the design, review, and implementation of short‑ and long‑term incentive plans.
  • Benefits: Manage the full benefits portfolio, ensuring competitiveness and value for money. Own relationships with benefits brokers and providers, negotiating renewals and monitoring service performance. Drive benefit renewals, enrolment processes, and policy updates. Oversee administration and compliance of pension schemes, including auto‑enrolment requirements. Review and assess new benefit opportunities to support employee wellbeing and retention.
  • Reward Governance & Compliance: Support the Reward governance framework, including RemCo preparation and regulatory reporting. Lead on pay equity analysis and gender pay reporting. Support the Head of Reward in ensuring remuneration practices comply with financial services regulations and internal policies. Support the preparation of the annual remuneration policy statements and year-end regulatory submissions. Maintain strong documentation, audit trails, and data accuracy across all reward systems and processes.
  • Data, Analytics & Systems: Deliver high‑quality reward analytics and insights to senior stakeholders. Lead the continuous improvement of reward processes, tools, and data management. Knowledge of UK listed company reporting and experience in preparation of data in relation to the Directors Remuneration Report is beneficial.
  • Projects & Continuous Improvement: Contribute to firm‑wide reward strategy projects. Support M&A, integration, or organisational change activities from a reward perspective. Champion digitalisation, simplification, and employee experience across reward processes.

Desired Skills / Experience

  • Strong experience in compensation and benefits within the UK; financial services experience strongly preferred.
  • In-depth knowledge of compensation principles, methodologies and best practice.
  • Demonstrated experience managing annual reward cycles and benefits programmes.
  • Highly numerate, strong analytical skills with the ability to collect and interpret complex data and market.
  • Ability to simplify complexity into clear insights and recommendations.
  • Excellent communication (written and verbal), collaboration and interpersonal skills to be able to engage with stakeholders at all levels.

This role is subject to the Conduct Rules set by the FCA.

Our high-conviction investment approach is fundamental to the way we think, and the way we work. We all understand how we can positively impact our clients. We are team players and success is only possible if we work together. We respect and celebrate different perspectives, and experiences. We are tenacious and create an environment where everyone can do meaningful work for clients, for our business, and for the world around us. We are agile, brave, and work fast. We take accountability and always look for ways to drive greater value for our clients. That means continuously improving and seeking to innovate. We embrace change and challenge convention. We are proud of our journey so far and continually try to find better ways to work and share lessons learnt so that we can be even stronger tomorrow. At Jupiter, we unlock your potential so our clients can achieve theirs.

Reward Manager (Compensation & Benefits) employer: Jupiter Asset Mgmt

Jupiter is an exceptional employer, offering a vibrant work culture that prioritises employee wellbeing and professional growth. Located in the heart of London, our office is designed to foster a healthy lifestyle with ample natural light and facilities for active living, while our hybrid working model promotes a balanced work-life dynamic. We are committed to developing innovative reward strategies that not only attract top talent but also ensure our employees feel valued and engaged in their roles.
Jupiter Asset Mgmt

Contact Detail:

Jupiter Asset Mgmt Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reward Manager (Compensation & Benefits)

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

✨Tip Number 2

Prepare for interviews by researching the company and its culture. Understand their values and how they align with your own. This will help you stand out and show that you're genuinely interested in being part of their team.

✨Tip Number 3

Practice your responses to common interview questions. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you articulate your experiences clearly and effectively.

✨Tip Number 4

Don’t forget to follow up after your interview! A simple thank-you email can leave a lasting impression and keep you top of mind. Plus, it shows your enthusiasm for the role!

We think you need these skills to ace Reward Manager (Compensation & Benefits)

Compensation and Benefits Expertise
Analytical Skills
Data Interpretation
Market Intelligence Analysis
Communication Skills
Stakeholder Engagement
Project Management
Regulatory Compliance
Negotiation Skills
Pension Scheme Administration
Reward Strategy Development
Employee Wellbeing Initiatives
Continuous Improvement Mindset
Financial Services Knowledge

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Reward Manager role. Highlight your experience in compensation and benefits, especially within financial services. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team at Jupiter. Keep it concise but impactful – we love a good story!

Showcase Your Analytical Skills: Since this role involves a lot of data and analytics, make sure to highlight any relevant experience you have. Whether it's managing annual reward cycles or interpreting complex data, we want to know how you can bring those skills to the table.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep everything organised and ensures your application gets the attention it deserves. Plus, it’s super easy!

How to prepare for a job interview at Jupiter Asset Mgmt

✨Know Your Numbers

As a Reward Manager, you'll need to demonstrate your strong analytical skills. Brush up on key compensation metrics and be ready to discuss how you've used data to influence reward strategies in the past. Prepare examples that showcase your ability to interpret complex data and turn it into actionable insights.

✨Understand the Market

Familiarise yourself with current trends in compensation and benefits within the financial services sector. Research Jupiter's competitors and be prepared to discuss how their reward programmes compare. This shows that you’re not only knowledgeable but also proactive about understanding the industry landscape.

✨Communicate Clearly

Excellent communication is crucial for this role. Practice articulating your thoughts clearly and concisely. You might be asked to explain complex compensation principles or present your ideas to stakeholders, so being able to simplify complexity into clear insights will set you apart.

✨Show Your Collaborative Spirit

Jupiter values teamwork and collaboration. Be ready to share examples of how you've worked effectively with HRBPs, business leaders, and other stakeholders in previous roles. Highlight your interpersonal skills and how you’ve contributed to a positive team environment while driving reward initiatives.

Reward Manager (Compensation & Benefits)
Jupiter Asset Mgmt

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