At a Glance
- Tasks: Shape and deliver LGPS Central’s reward and talent agenda for a high-performing organisation.
- Company: Join LGPS Central, a leading investment manager for local authority pension funds.
- Benefits: Enjoy a generous pension scheme, extra paid company days, and hybrid working options.
- Other info: Be part of a diverse team committed to responsible investment and employee wellbeing.
- Why this job: Make a real impact on talent management and reward practices in a dynamic environment.
- Qualifications: Experience in reward management and strong analytical skills are essential.
The predicted salary is between 55000 - 65000 € per year.
Join LGPS Central at a pivotal moment, where investment meets long-term impact. This role is based in Wolverhampton and will play a key part in shaping and delivering LGPS Central’s reward and talent agenda, supporting our ambition to be a high‑performing, inclusive and future‑ready organisation. The postholder will work closely with the Head of People and wider People team, including the Chief People & Transformation Officer, to lead high‑impact work across base pay, variable pay, benefits, pensions, benchmarking, job architecture, reward governance, talent, succession and capability planning.
This will include responsibility for developing fair, transparent and market‑informed reward practices, while strengthening LGPS Central’s approach to critical talent and future‑focused roles. As a trusted partner to senior leaders, the postholder will bring strong technical expertise, analytical depth and credible stakeholder influence. They will turn complex reward and talent data into clear recommendations that support confident decision‑making, strong governance and a positive employee experience.
This is a unique opportunity to help shape reward and talent practices that support the People Strategy, reflect regulatory expectations, strengthen organisational resilience and serve the long‑term interests of LGPS Central and its Partner Funds.
What you’ll be doing
- Reward Strategy and Framework Development
- Deliver LGPS Central’s total reward review in line with the People Strategy and agreed reward principles
- Lead activity across base pay, variable pay, benefits, pensions and total reward
- Help shape a fair, transparent and market‑informed reward framework
- Ensure reward recommendations support performance, inclusion and a positive employee experience
- Support reward practices that recognise performance, contribution and impact
- Benchmarking, Pay Analysis and Job Architecture
- Lead the annual benchmarking cycle, working with external advisers where needed
- Deliver pay benchmarking, compa‑ratio analysis, market insight and reward modelling
- Support the design and development of job architecture and clear job levelling
- Turn analysis into clear, evidence‑based recommendations
- Talent Management and Succession Planning
- Partner with leaders to embed a robust approach to talent and succession
- Support talent identification, assessment and development planning
- Lead succession planning for key and high‑risk roles, including Executive succession where required
- Support readiness assessments, development actions and governance updates
- Help identify critical talent, development priorities and succession risks
- Variable Pay and Performance Culture
- Lead the delivery and modelling of variable pay and incentive frameworks
- Support the integration of performance metrics into incentive design
- Ensure variable pay supports sustainable performance, strong governance and appropriate risk outcomes
- Connect performance and reward outcomes in a fair and credible way
- Promote clear expectations, consistent conversations and evidence‑based decisions
- Governance, Reporting and Stakeholder Engagement
- Prepare high‑quality committee papers, analysis and recommendations
- Engage senior stakeholders, including SLG, Executive Committee and governance forums
- Manage relationships with external reward advisers and third‑party partners
- Present reward data, options and recommendations clearly and confidently
- Build trusted relationships across the business
- Data, Systems and Process Improvement
- Own reward data, modelling and analysis, ensuring accuracy, confidentiality and governance
- Improve reward processes, reporting, data quality and system use
- Develop reliable pay modelling tools and analytical approaches
- Ensure reward activity is controlled, documented and auditable
- Support effective use of people systems across reward and talent
- Compliance, Regulation and Risk Management
- Ensure reward recommendations reflect FCA requirements and governance expectations
- Support reward activity in line with risk culture, risk appetite and internal policies
- Identify and elevate reward‑related risks, issues and implications
- Build understanding of the LGPS landscape and Partner Fund expectations
- Support fair, transparent and well‑governed reward and talent practices
Requirements
- Significant reward experience in financial services, asset management or a similarly regulated environment
- Strong technical reward expertise across base pay, variable pay, benefits, pensions, benchmarking and total reward
- Good understanding of talent management, succession planning and capability development practices
- Experience of reward modelling, pay analysis, compa‑ratio analysis and market benchmarking
- Experience of working with external advisers, salary survey providers or reward consultants
- Strong understanding of reward governance, committee reporting and evidence‑based decision‑making
- Proven ability to engage and influence senior stakeholders and committees with confidence and credibility
- Excellent judgement, attention to detail and the ability to balance rigour with pragmatism
- Strong communication and relationship‑building skills, with the ability to influence senior leaders, boards and external partners
- Commercially aware, with the ability to align people and reward priorities to organisational goals and financial context
- High degree of professional ethics, integrity and judgement
- Strong analytical skills, including the ability to support talent and succession decisions with insight and evidence
- Highly effective partnering skills, with the ability to build trust, create momentum and work across the organisation
- A growth mindset, with the ability to learn quickly, drive continuous improvement and bring fresh thinking across reward and talent
- Knowledge of the LGPS, public sector pensions environment or regulated asset management environment would be advantageous
- Experience of preparing papers for RemCo, NomCo, People Committee or similar governance forums would be advantageous
Qualifications
- Degree level or equivalent in a relevant discipline. Reward, HR, finance, pensions or related professional qualification would be advantageous.
What do we offer
- An enhanced and generous Pension Scheme
- An extra paid Company Day in addition to paid holidays
- Welfare and Family‑friendly policies
- Enhanced pay for new parents
- Access to our Employee Assistance Programme - 24‑7 Health & Wellbeing Support
- Vitality Private Medical Insurance
- Hybrid Working
- Company Service Awards
- Cycle to Work Scheme
- Company Electric Vehicle Scheme
About Us
LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for fourteen local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £100bn+ of their assets. It is one of six Local Government Pension Scheme (LGPS) asset pools in the UK. LGPS Central’s Partner Funds are: Sulfolk County Council. The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class. LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links. Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.
Talent & Reward Partner in Wolverhampton employer: LGPS Central
At LGPS Central, we pride ourselves on being an exceptional employer that champions a high-performing and inclusive work culture. Located in the vibrant city of Wolverhampton, we offer a range of benefits including an enhanced pension scheme, hybrid working options, and family-friendly policies, all designed to support our employees' well-being and professional growth. Join us to make a meaningful impact in the investment management sector while enjoying a collaborative environment that values innovation and continuous improvement.
StudySmarter Expert Advice🤫
We think this is how you could land Talent & Reward Partner in Wolverhampton
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with current employees at LGPS Central. Building relationships can give you insider info and might just land you an interview.
✨Tip Number 2
Prepare for those interviews! Research LGPS Central’s values and recent projects. Tailor your answers to show how your skills align with their mission of being a high-performing, inclusive organisation.
✨Tip Number 3
Showcase your expertise! Be ready to discuss your experience with reward strategies and talent management. Use specific examples that highlight your analytical skills and ability to influence stakeholders.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the LGPS Central team.
We think you need these skills to ace Talent & Reward Partner in Wolverhampton
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Talent & Reward Partner role. Highlight your relevant experience in reward strategy, talent management, and stakeholder engagement to show us you’re the perfect fit!
Showcase Your Expertise:We want to see your strong technical skills in action! Include specific examples of how you've successfully managed reward frameworks or led talent initiatives in your previous roles. This will help us understand your analytical depth and decision-making abilities.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to convey your ideas and avoid jargon unless it's necessary. We appreciate a well-structured application that’s easy to read!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at LGPS Central
✨Know Your Stuff
Make sure you brush up on your knowledge of reward strategies, benchmarking, and talent management. Familiarise yourself with LGPS Central’s mission and values, as well as the specifics of the role. This will help you speak confidently about how your experience aligns with their needs.
✨Prepare Real-Life Examples
Think of specific instances where you've successfully implemented reward frameworks or managed talent succession planning. Use the STAR method (Situation, Task, Action, Result) to structure your answers, making it easier for interviewers to see your impact.
✨Engage with Stakeholders
Since this role involves working closely with senior leaders, be ready to discuss how you've influenced stakeholders in the past. Prepare to share examples of how you’ve built trust and communicated complex data effectively to non-experts.
✨Ask Insightful Questions
Show your interest in the role by preparing thoughtful questions about LGPS Central’s current reward practices and future goals. This not only demonstrates your enthusiasm but also gives you a chance to assess if the company is the right fit for you.
