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- Tasks: Lead the development of competitive reward and benefits strategies for our Group.
- Company: Join a dynamic organisation focused on talent attraction and retention in a regulated industry.
- Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
- Why this job: Make a real impact on employee satisfaction and company culture while collaborating with key stakeholders.
- Qualifications: Experience in complex environments, managing reward processes, and strong analytical skills required.
- Other info: This role offers a chance to influence executive compensation and work with top-tier brokers.
The predicted salary is between 43200 - 72000 £ per year.
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Senior Talent Acquisition Business Partner at Markerstudy Group
Senior Rewards Manager
Location : Peterborough or Manchester (Hybrid)
Role Overview
We are seeking a Senior Rewards Manager to lead the development and execution of the Group’s reward and benefits strategy. This high-impact role is central to ensuring that our reward offerings are competitive, compliant, and aligned with our business goals.
You will manage key external relationships, notably with our benefits broker, Gallaghers, and oversee critical cyclical activities such as annual salary reviews, Group bonus and incentive schemes, and benefit enrolment windows. The role will also provide strategic input on executive remuneration and support the preparation of Remuneration Committee materials
Key Responsibilities
- Reward and Benefit Strategy: Design and implement a comprehensive reward and benefits strategy that aligns with business objectives and supports talent attraction and retention.
- Job Grading and EVP: Implement job grading frameworks (e.g., Willis Towers Watson) and continuously evolve our employee value proposition to stay competitive in the market.
- Relationship Management: Lead the relationship with Gallaghers, ensuring high service standards and seamless communication.
- Annual Reward Cycles: Manage annual processes including salary reviews, incentive and bonus programs, and benefits enrolment windows.
- Policy Renewal: Work closely with Group Procurement, Group Legal, and Gallaghers to manage annual benefit policy renewals and negotiations.
- Pension Governance: Oversee pension scheme operations and ensure compliance with governance requirements.
- Executive Compensation: Provide expert guidance on executive pay matters and assist in the creation of Remuneration Committee reports and presentations.
Qualifications & Experience
- Experience working in a complex acquisitional Group environment, ideally within financial services or a regulated industry.
- Proven success in leading reward and salary/bonus review processes across multiple business units.
- Demonstrable experience in managing external broker relationships and navigating large-scale policy renewals.
- Sound knowledge of UK pension schemes, governance frameworks, and operational best practices.
- Working knowledge of Willis Towers Watson Global Grading systems and methodologies.
- Strong collaboration skills and experience engaging cross-functional stakeholders such as Procurement and Legal.
- Analytical Thinking: Strong data interpretation skills to support strategic reward decisions.
- Communication: Clear and confident communicator, able to influence at all levels including senior leadership.
- Attention to Detail: Accurate and diligent with reward data and processes.
- Leadership: Experience managing or mentoring teams, with a collaborative leadership style.
- Adaptability: Comfortable working in a fast-paced and evolving business environment
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Human Resources
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Industries
Insurance and Financial Services
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Senior Rewards Manager employer: Markerstudy Group
Contact Detail:
Markerstudy Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Rewards Manager
✨Tip Number 1
Familiarise yourself with the latest trends in reward and benefits strategies, especially within the financial services sector. This knowledge will help you speak confidently about how you can contribute to our goals during interviews.
✨Tip Number 2
Network with professionals in the rewards management field, particularly those who have experience with external brokers like Gallaghers. Building these connections can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with job grading frameworks, such as those from Willis Towers Watson. Be ready to share specific examples of how you've implemented these systems in previous roles.
✨Tip Number 4
Demonstrate your analytical thinking skills by preparing case studies or examples where your data interpretation led to successful reward decisions. This will showcase your ability to make strategic contributions to our team.
We think you need these skills to ace Senior Rewards Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in reward management, particularly in complex environments. Emphasise your achievements in leading salary reviews and managing broker relationships.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the role of Senior Rewards Manager. Mention specific examples of how you've successfully implemented reward strategies and managed external relationships.
Highlight Relevant Skills: Clearly outline your analytical thinking, communication skills, and attention to detail in your application. Provide examples of how these skills have contributed to your success in previous roles.
Showcase Leadership Experience: If you have experience managing or mentoring teams, make sure to include this in your application. Discuss your collaborative leadership style and how it has positively impacted your team and organisation.
How to prepare for a job interview at Markerstudy Group
✨Understand the Reward Landscape
Familiarise yourself with current trends in reward and benefits strategies, especially within financial services. Be prepared to discuss how you would align these trends with the company's goals.
✨Showcase Your Analytical Skills
Prepare examples that demonstrate your ability to interpret data and make strategic decisions based on your findings. Highlight any past experiences where your analytical thinking led to successful outcomes.
✨Demonstrate Relationship Management Experience
Be ready to discuss your experience managing external relationships, particularly with brokers like Gallaghers. Share specific examples of how you've maintained high service standards and effective communication.
✨Prepare for Leadership Questions
Expect questions about your leadership style and experience managing teams. Think of instances where you've successfully mentored others or led cross-functional projects, and be ready to share those stories.
