The Reward Partner plays a pivotal role in the design and delivery of the UK reward strategy that attracts, retain, and motivate high performing employees.
This role partners with People Partners, Talent Acquisition, and business leaders to maintain the integrity of the Reward Framework, job levelling, implement reward initiatives, and lead on compensation and benefits projects ensuring our approach remains fair and competitive and aligns with Admiral’s business objectives, People strategic goals and regulatory standards.
As a Reward Partner, you will act as a trusted advisor to senior leaders across a business division or large specialist function. You will use Reward data to shape decisions, drive performance, and deliver measurable impact. You will partner across the Reward agenda supporting business areas on all Reward aspects from annual cyclical events, workforce planning and organisational design working closely with the specialist people teams
Key Responsibilities
Strategic Partnership & Advisory
1. Act as a trusted partner to senior HR and business leaders to deliver the reward strategy aligned to business performance, culture and market positioning.
2. Build deep relationships with the business as a subject matter expert by providing advice and solutions based on a thorough understanding of the business and the people.
3. Continue to educate and embed a sound understanding of Reward and Admiral’s framework across the business.
4. Conduct job evaluations and lead calibration exercises to maintain consistency across departments.
Reward management and project leadership
5. Support the design, development and implementation of future Reward Framework iterations including developments in non-UK entities and any market driven changes in the current framework.
6. Support the design and delivery of annual pay review, incentive cycles such as STIP, SIP and DFSS ensuring consistency, transparency and governance.
7. Lead on all reward related aspects of projects and programmes across the business areas to ensure effective and accurate data driven decision-making
8. Contribute to the creation and refinement of reward policies, frameworks, and communications.
9. Ensure compliance with FCA/PRA remuneration codes and internal governance frameworks.
Data Analysis & Modelling
10. Create reward insights and recommendations using external market data, internal analytics and sector benchmarking working closely with the central reward team to support and inform business decisions.
11. To maintain internal equity and external competitiveness work with the business to identify the impact of the annual review and conduct benchmarking and pay gap audits (gender, ethnicity, etc.)
12. Present insights to senior stakeholders in a clear and actionable format.
Communication & Engagement
13. Communicate complex reward topics to colleagues at all levels clearly and concisely.
14. Provide the Reward Hub and other internal platforms with accurate and engaging content.
15. Champion a culture of fairness, inclusion and transparency in reward practices.
Continuous Improvement
16. Drive innovation and process improvement in reward policies, systems and employee communications.
17. Monitor external trends and developments in reward best practice within the insurance and wider financial services sector.
Essential Skills and Experience
18. Proven experience in Reward, preferably within financial services.
19. Strong analytical and problem-solving skills; strong proficiency in Excel; ability to interpret and present insights from complex datasets.
20. In-depth understanding of job evaluation methodologies and benchmarking tools.
21. Excellent stakeholder management, influencing and communication skills.
Desirable Skills and Experience
22. Ability to project manage large-scale reward projects.
Please note - we may close this vacancy early if we receive lots of applications or business priorities change.
Admiral: Where You Can
We take pride in being a diverse and inclusive business. It's a place where you can Be You, and show up as you are. We’re committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £, of free shares each year after one year of service.
Everyone receives days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave.
We’re proud of our people-first culture. In fact, we've been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over years! We’re fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.
Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits .
Disability Confident Leader
As a Disability Confident Leader, for candidates with a disability or long-term health condition, that opt into the Disability Confident scheme, we’ll invite a fair and proportionate number of applicants that meet the essential requirements of the role to the first stage of our selection process.
If you need any adjustments or support with your application or during the recruitment process, just let us know. Please email k or contact us on. This number is dedicated to supporting candidates that require reasonable adjustments or support during the application process.
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