Reward & Benefits Consultant, London.

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 –

• 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 –

• 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.

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