The Senior Reward Analyst plays a meaningful role in crafting and delivering the organisation’s reward strategy. This position provides expert analysis, insights, and recommendations across compensation, benefits, and recognition programmes. The role partners closely with P&C, TA and Finance. The role supports the Director and VP of Total Rewards
What you'll do
Reward Strategy & Governance
1. Assist in the build, development, and implementation of the organisation’s reward strategy, ensuring alignment with business objectives.
2. Provide expert analysis and recommendations on pay structures, job architecture, and reward frameworks.
3. Maintain governance standards across compensation and benefits processes, ensuring compliance with internal policies and external regulations.
Compensation Analysis
4. Lead sophisticated compensation modelling, benchmarking, and market analysis to advise pay decisions.
5. Support annual compensation cycles, including salary reviews, bonus calculations, and incentive plan administration.
6. Conduct pay equity analysis and support remediation actions where required.
7. Evaluate and maintain approaches to job assessment (e.g., Hay, Mercer, WTW).
Benefits & Recognition
8. Analyse the efficiency and competitiveness of benefits programmes and propose improvements.
9. Support the design and delivery of recognition schemes that reinforce organisational culture and values.
10. Partner with external vendors to handle benefit renewals, pricing, and service delivery.
Data, Insights & Reporting
11. Produce high-quality reward dashboards, insights, and reports for senior leadership.
12. Use advanced analytics to identify trends, risks, and opportunities within reward programmes.
13. Ensure data accuracy across HR systems and support continuous improvement of reward-related processes.
What we are looking for
14. Significant experience in reward, compensation, or HR analytics roles.
15. Strong analytical and numerical skills, with advanced proficiency in Excel (e.g., modelling, pivot tables, formulas).
16. Experience with job evaluation methodologies and market benchmarking tools.
17. Ability to interpret complex data and communicate insights clearly to non-technical audiences.
18. Strong understanding of compensation cycles, incentive plans, and benefits administration.
19. Excellent stakeholder management and interpersonal skills.
20. Experience with HRIS platforms (e.g., Workday, SAP SuccessFactors) would be desirable
21. Familiarity with reward governance, pay transparency, and regulatory requirements would be desirable
22. Ability to work in our London office 3 days a week