Reward and Benefits Consultant

Reward and Benefits Consultant

Full-Time 45000 - 55000 € / year (est.) Home office (partial)
Transamerica Corporation

At a Glance

  • Tasks: Lead and manage employee benefits programmes while collaborating with HR and external providers.
  • Company: Join Aegon Asset Management, a global leader in investment and technology.
  • Benefits: Enjoy a competitive salary, generous leave, and lifestyle perks like retail discounts.
  • Other info: Flexible working options and a commitment to diversity and inclusion.
  • Why this job: Make a real impact on employee experience and business performance in a dynamic environment.
  • Qualifications: Experience in reward and benefits, strong analytical skills, and proficiency in Excel and HR systems.

The predicted salary is between 45000 - 55000 € per year.

Aegon Asset Management is a leading global investor, our employees work from 13 locations across Europe, the Americas and Asia. We advise on assets for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.

Our people are our greatest asset, and we want Aegon Asset Management to be a place where they can bring their authentic self to work and do all they can to deliver on our strategic promises to our customers. We help people live their best lives. We help them with the big stuff, for the moments that matter.

Alongside this, Enterprise Technology (ET) acts as Aegon’s global IT partner, delivering the technology, infrastructure and innovation that underpin the organisation’s operations worldwide. The Reward and Benefits Consultant role sits at the intersection of both AAM and ET, supporting a combined employee population across these functions. It offers a unique opportunity to work across both the investment and technology areas of the business, contributing to the design and delivery of reward and benefits solutions that enhance employee experience and support business performance.

Key Responsibilities for the role include:

  • Leading and supporting the delivery, management and administration of employee benefits programmes, including benefit selection windows and ongoing anytime benefits.
  • Ensuring all activities (research, analysis, communications and system updates) are delivered in line with project timelines.
  • Liaising with external providers (e.g. benefits and payroll) to ensure smooth delivery of programmes.
  • Providing subject matter expertise across reward and benefits, supporting areas such as job evaluation, salary benchmarking, pay equity and programme design.
  • Producing and analysing reward data, preparing reports, insights and presentations for stakeholders.
  • Acting as a key point of contact for employee and HR queries relating to reward and benefits.
  • Collaboration on the annual compensation and benefits planning cycle.
  • Partnering with HR Business Partners and leadership to provide insight, analysis and solutions on reward related topics.
  • Producing and tailoring metrics, analytics and reporting using tools such as Workday, Excel and Power BI.
  • Supporting the ongoing development and optimisation of HR systems (Workday), ensuring reward structures and data remain accurate and up to date.
  • Ensuring compliance with data privacy requirements and company policies when handling sensitive employee data.

We’d love to hear from you if you have:

  • Experience in a specialist reward and benefits role, with a strong understanding of how reward supports business performance and employee engagement.
  • Strong analytical and numerical skills, with the ability to interpret data and provide clear, actionable insights.
  • Advanced capability in Excel and experience using tools such as Power BI or similar to analyse and present data effectively.
  • Experience working with HR systems (e.g. Workday) and employee benefits platforms.
  • Proven ability to manage projects and cyclical workloads, delivering to deadlines in a structured and organised way.
  • Strong communication and report writing skills, with the ability to present information clearly to a range of stakeholders.
  • Experience working with third-party providers, including benefits and/or payroll suppliers.
  • High attention to detail, with a focus on accuracy and quality in all outputs.
  • A customer-focused mindset with experience delivering employee centric services.
  • Knowledge or experience of job evaluation methodologies (e.g. WTW, Aon Radford) is advantageous.

What’s in it for you?

  • A competitive salary, depending on the experience you can bring.
  • A non-contributory pension between 9%-13%.
  • A discretionary bonus, depending on personal and company performance.
  • 27 days leave per year (plus bank holidays, pro-rated for part-time).

We also offer private medical cover, life assurance, critical illness cover, enhanced parental leave and a variety of lifestyle benefits to help our staff live their best lives, including retail discount vouchers, cycle2work scheme, subsidised restaurant and online GP appointments.

At Aegon Asset Management, we are committed to fostering a diverse workforce and an inclusive culture. We are more than a global Asset Management firm – we are a people business, and we recognise that delivering excellent client outcomes comes from embracing diverse perspectives. We value diversity in the full range of human uniqueness without limitation including race, gender, ability, language, culture, beliefs, age, origin, background, perspectives and experiences.

We are open to considering flexible working practices. Please talk to us about what this means for you. We serve a diverse, ever-changing world. It's tough, but we work tirelessly to leave things better than we find them. If that sounds like the sort of place you'd like to work, hit the "Apply" button.

The legal bits

We’ll need you to confirm you have the right to work in the UK. If we offer you a job and you accept, there are some checks we need to complete before you can start with us. This will include a credit and criminal record check, as well as providing satisfactory references.

Equal Opportunity Employer: We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age.

Reward and Benefits Consultant employer: Transamerica Corporation

Aegon Asset Management is an exceptional employer located in Edinburgh, offering a dynamic work environment that values collaboration and diversity. With a strong commitment to employee well-being, the company provides competitive salaries, generous leave, and comprehensive benefits, including a non-contributory pension and private medical cover. Employees have ample opportunities for growth and development within a supportive culture that encourages authentic self-expression and innovation.

Transamerica Corporation

Contact Detail:

Transamerica Corporation Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Reward and Benefits Consultant

Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, or even reach out on LinkedIn. The more you engage, the better your chances of landing that Reward and Benefits Consultant role.

Ace the Interview

Prepare for your interview by researching Aegon Asset Management and understanding their values. Be ready to discuss how your experience aligns with their needs, especially around employee benefits and data analysis. Show them you're the perfect fit!

Follow Up

After your interview, don’t forget to send a thank-you email! It’s a great way to express your appreciation and reiterate your interest in the position. Plus, it keeps you fresh in their minds.

Apply Through Our Website

Make sure to apply directly through our website! It not only streamlines your application but also shows your enthusiasm for joining Aegon Asset Management. Plus, we love seeing applications come through our own channels!

We think you need these skills to ace Reward and Benefits Consultant

Reward and Benefits Management
Analytical Skills
Numerical Skills
Excel
Power BI
HR Systems (Workday)
Project Management

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Reward and Benefits Consultant role. Highlight your relevant experience and skills that align with the job description, especially in areas like employee benefits and data analysis.

Showcase Your Analytical Skills:Since this role requires strong analytical abilities, don’t shy away from showcasing your experience with data interpretation. Include specific examples of how you've used tools like Excel or Power BI to drive insights in previous roles.

Be Clear and Concise:When writing your application, keep it clear and to the point. Use straightforward language and structure your information logically. This will help us quickly see how you fit into the role and our team.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the position. Plus, it’s super easy!

How to prepare for a job interview at Transamerica Corporation

Know Your Numbers

As a Reward and Benefits Consultant, you'll need to showcase your strong analytical skills. Brush up on key metrics related to employee benefits and compensation. Be ready to discuss how you've used data to drive decisions in previous roles.

Familiarise with HR Systems

Since the role involves working with HR systems like Workday, make sure you understand how these platforms function. If you have experience with similar tools, be prepared to share specific examples of how you've used them to enhance employee experience.

Prepare for Scenario Questions

Expect questions that assess your problem-solving abilities. Think of scenarios where you've had to manage projects or resolve conflicts with third-party providers. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

Showcase Your Communication Skills

This role requires clear communication with various stakeholders. Prepare to demonstrate your ability to present complex information simply. Consider bringing a sample report or presentation you've created to illustrate your skills.