Senior Compensation & Benefits Analyst

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Position Summary
The Total Rewards Analyst is responsible for providing analytical and administrative support for Ryan Specialty compensation and benefits programs to help deliver total rewards packages that are competitive, meet employee needs, and support organizational goals. This role will provide expertise in benefits administration and compliance, ensuring the company\’s benefit plans are competitive, cost-effective, and in compliance with applicable regulations.

Position Summary
The Total Rewards Analyst is responsible for providing analytical and administrative support for Ryan Specialty compensation and benefits programs to help deliver total rewards packages that are competitive, meet employee needs, and support organizational goals. This role will provide expertise in benefits administration and compliance, ensuring the company\’s benefit plans are competitive, cost-effective, and in compliance with applicable regulations.
Location:
London – UK
What will your job entail?
Job Responsibilities

• Run reports and analyse benefits data in support of Workday and Benefit Vendor benefits systems and benefit audit tasks.
• Support and provide input to the development, implementation, and maintenance of company-wide Total Rewards offerings.
• Partners effectively with cross functional teams, such as Finance, Legal, HR Tech and HRBPs, to optimise HR capability and system accuracy.
• Partner with vendors and assist in updating intranet communications to increase both actual and perceived value of Total Rewards offerings to employees.
• Conducts analysis and develops metrics to determine effectiveness of wellness initiatives and makes recommendations for improvements.
• Manage one or more non-core total rewards vendor relationships, monitoring performance, utilization, and invoicing.
• Participate in compensation surveys and benchmarking roles, analyzing role requirements to best classify jobs and pull correct compensation comparable data.
• Drive core processes such as various compensation approvals and maintenance of job architecture; be brilliant with the basics – Supports compensation training and the implementation of year-end merit & bonus cycles.
• Responsible for the annual Open Enrolment process and related communications.
• Extensive compensation data compilation, manipulation, and analysis, including running ad hoc reports and report design in Workday compensation module.

Work Experience And Education

• Relevant work experience within International compensation and benefits programmes.
• Strong knowledge of Workday
• Experience with benefits plan design, including cost analysis and benchmarking.
• Analytical mindset complimented by strong problem-solving skills and detail orientation.
• Excellent organisational and project management skills and the ability to proactively plan large bodies of work ensuring milestones are met.
• Ability to work well independently as well as collaboratively, creatively, and use own judgement.
• Experience handling highly confidential information.
• MS Excel (V-Look Up, Formulas and Pivot Tables)
• MS Power Point

Behavioral Skills

• Building Relationships
• Empathy
• Change Management

Disclaimer
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Human Resources

• Industries

  Insurance

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