At a Glance
- Tasks: Manage payroll and benefits, ensuring accuracy and compliance for UK and international employees.
- Company: Join Steamship Mutual, a global P&I insurance company with a supportive culture.
- Benefits: Enjoy competitive pay, hybrid working, private healthcare, and professional development opportunities.
- Why this job: Make a real impact in a collaborative environment while enhancing your skills.
- Qualifications: Solid UK payroll experience; knowledge of employee benefits and strong Excel skills required.
- Other info: Great work-life balance and clear career pathways for growth.
The predicted salary is between 36000 - 60000 £ per year.
About the company
Steamship Mutual is a P&I insurance company, with over 240 employees worldwide. The main office is based near Liverpool Street station, London. We have offices in Bermuda, Brazil, Cyprus, Greece, Hong Kong, Japan, New York, and Singapore.
Job Purpose
To provide administrative support in delivering accurate, timely, and compliant UK and international payrolls, and to assist in the administration of the Company's global employee benefits programmes.
Key Responsibilities
- Payroll
- Serve as the first point of contact for all payroll and benefits-related enquiries directed to the Human Resources department.
- Support the administration of employee lifecycle changes, including starters, leavers, transfers, and promotions.
- Prepare, validate, and record monthly payroll instructions across UK and 5 International payrolls, ensuring accuracy and compliance.
- Explain and resolve employee queries relating to tax codes, National Insurance, student loan deductions, and other statutory deductions.
- Collect, verify, and process overtime, weekend duty payments, and special allowances for payroll.
- Complete monthly payroll nominal ledger reconciliations and review and post all required payroll journals for all companies.
- Assist with the payroll year-end process, including statutory submissions and rollovers.
- Keep up to date with payroll legislation and ensure compliance with all statutory, tax, and regulatory obligations across UK and international jurisdictions.
- Work closely with internal teams to ensure accurate and timely flow of payroll data.
- Administer the full range of employee benefits, including healthcare, risk benefits, pensions, wellbeing initiatives, salary sacrifice schemes, and the Benefits Hub platform.
- Run pension provider reports to ensure accurate payments, and process any pay rises or changes to employee contribution rates.
- Keep up to date with pension regulations, legislative changes, and best practices, making recommendations for improvements where appropriate.
- Maintain and update benefits policies, SharePoint content, and HR systems to ensure accuracy and compliance.
- Monitor benefit usage and trends across employee demographics.
- Support annual insurance renewals and ensure all benefits communications and policies are accurate, engaging, and compliant.
- Complete national statistics reports on a monthly, quarterly, and annual basis as required.
- Produce regular and ad hoc payroll and HR reports for business stakeholders, ensuring accuracy and timely delivery.
Person Specification
Essential
- Solid UK payroll experience, with any exposure to international payrolls considered an advantage (particularly Hong Kong, Japan, Singapore, Bermuda, Cyprus, Greece, or Brazil).
- Strong numeracy skills with excellent attention to detail and accuracy.
- Working knowledge of employee benefits administration, including medical, risk benefits, pensions, and wellbeing programmes.
- Confident Excel user with experience producing payroll and HR reports (e.g., pivot tables, charts, and basic data analysis).
- Demonstrates integrity, confidentiality, and professionalism at all times.
- Able to work independently, manage workload effectively, and handle competing priorities.
Desirable
- Experience with Staffology, SAP or international payroll platforms.
- Payroll qualification.
What you will get
- Joining our collaborative, supportive and friendly working environment, you will enjoy a rewarding career with the opportunity to build on your existing skills and knowledge.
- We offer great work life balance initiatives, including competitive hybrid working policy.
- Clear and transparent career pathway – offering you continued support with enhancing your skills and creating employment development opportunities.
- We offer free educational access to the Protection & Indemnity Qualification, created by the International Group of P&I Clubs.
- An attractive benefits package which includes private healthcare.
- We also provide competitive health subsidy, and access to our comprehensive wellbeing and savings programme throughout the year, to create an environment that supports everyone's mental and physical health.
Company Values
- Mutuality - ensuring fairness amongst Club Members
- Integrity - upholding high ethical, legal, and regulatory standards
- Safety and Sustainability - contributing to safety of life at sea and the preservation of the environment.
- Transparency - building strong relationships based on trust and open communication.
- Excellence - enabling our people to realise their full potential as team members, industry experts, leaders, and managers.
- Collaborative - embracing flexibility, diversity, and inclusivity.
Steamship Insurance Management Services Ltd is committed to providing a great service to all our members. We pride ourselves on offering a people-centred culture that provides mutual respect and support for all our staff, and we welcome and encourage you to apply.
Payroll & Benefits Administrator in London employer: Steamship Insurance Management Services Ltd
Contact Detail:
Steamship Insurance Management Services Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payroll & Benefits Administrator in London
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or even in person. Let them know you're on the hunt for a Payroll & Benefits Administrator role. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching common payroll and benefits questions. Practice your answers, but also be ready to discuss your experience with international payrolls. Show them you’re the perfect fit for their global team!
✨Tip Number 3
Don’t forget to follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds.
✨Tip Number 4
Apply through our website for the best chance of landing that dream job! We love seeing applications directly from candidates who are eager to join our team at Steamship Mutual.
We think you need these skills to ace Payroll & Benefits Administrator in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Payroll & Benefits Administrator role. Highlight your relevant experience in payroll and benefits administration, especially any international exposure. We want to see how your skills match 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 align with our company values. Be genuine and let us know what excites you about working with us at Steamship Mutual.
Showcase Your Skills: Don’t forget to highlight your strong numeracy skills and Excel proficiency. Mention any specific tools or software you've used, like Staffology or SAP, as these are super relevant to the role. We love seeing candidates who can hit the ground running!
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 easy peasy!
How to prepare for a job interview at Steamship Insurance Management Services Ltd
✨Know Your Payroll Basics
Make sure you brush up on your UK payroll knowledge, especially if you have experience with international payrolls. Be ready to discuss specific payroll processes and compliance issues, as this will show your understanding of the role's requirements.
✨Showcase Your Excel Skills
Since strong Excel skills are essential for this position, prepare to demonstrate your proficiency. Bring examples of reports you've created using pivot tables or charts, and be ready to discuss how you've used data analysis in your previous roles.
✨Understand Employee Benefits
Familiarise yourself with various employee benefits, especially those mentioned in the job description like healthcare and pensions. Be prepared to discuss how you've administered these benefits in the past and any recommendations you've made for improvements.
✨Emphasise Your Attention to Detail
Given the importance of accuracy in payroll and benefits administration, be ready to provide examples of how you've ensured precision in your work. Discuss any systems or checks you've implemented to maintain high standards in your previous roles.