Compensation & Benefits Specialist

Seeking a Compensation & Benefits specialist to join a fast growth Wealth Management organisation of approximately 1,000 employees in a newly created role. The position will assume responsibility for managing and administering the group benefits and reward processes and additionally support on group payroll.

Responsibilities:

• Monitor and manage benefits across the business, including partnering with internal teams to manage benefits including Private Medical Insurance, Pensions, Group Income Protection, Life assurance, holiday and voluntary benefits.
• Manage the flexible benefits platform for all employees and new joiners and conduct reporting for payroll to process
• Build relationships with vendors and key stakeholders to review and deliver innovative and improved total reward and benefits offering to colleagues to enhance company offerings and ensure competitiveness.
• Work closely with the Group HR Director and HR Business Partnering team on annual salary review processes and bonus pot calculations, providing data and reporting as required
• Manage the benchmarking of roles and analysis of salary data and competitors
• Ensure compliance with all regulations with regard to compensation & benefits
• Work with the Group Payroll Manager to support on the monthly inputting and checking of payroll and payroll queries
• Maintain and update policies and procedures related to reward and benefits

Background & Experience:

• Prior experience of working on all aspects of compensation & benefits ideally within a regulated financial services environment
• Experience of additionally working with UK payroll systems
• Strong UK benefits and pensions administration
• Experience of working with external salary benchmarking tools and organisations
• Excellent Excel skills and experience
• High level attention to detail with the ability to balance multiple demanding deadlines
• Experience of flexible benefits systems advantageous

This role can be based anywhere in the UK but must be willing to travel to London as required for meetings.

McGregor Boyall is an equal opportunity employer and do not discriminate on any grounds.