Payroll Advisor, Bell

3 weeks ago

London, United Kingdom Munich Re Full time

Payroll Advisor, Bell & Clements (Part time)

**Company**
Munich Re
**Location**
London, United Kingdom

**_This is a part time role (3days a week)_**

**Introduction**

Bell & Clements is a specialist insurance company offering expertise in underwriting, broking and capacity management provisions for Excess and Surplus (E&S) lines insurance solutions. The unique combination of broking and underwriting divisions provides the ability to quote and bind risks through inhouse binding authorities, while providing customers with access to Lloyd’s, US and international markets. Bell & Clements has been part of the Munich Re Group since 2007 and is a registered Lloyd’s broker. There are over 150 staff based across the London headquarters and two U.S offices in Virginia and New Jersey with close collaboration throughout.

Bell & Clements offers industry leading technology solutions that benefit both customers and inhouse processes. Being part of the Munich Re Group enables an inclusive culture that is progressive and ambitious with an established employee benefits program.

**Why join us?**

We are a responsible employer, a value-adding partner, and an innovative name in the insurance market. Building on a proven industry background over 35 years, we have developed and grown a unique and market-leading brand. As a wholly owned subsidiary of Munich Re, we have access to the expertise, products and risk appetite of one of the largest and most successful insurance groups in the world. Our business is continuing to grow, and a key commitment is to not only expand our team through recruiting new roles but also through development opportunities to ensure we are always supporting our talented experts in their career journey. Our talent pool makes us who we are, and our inclusive culture means we are looking to continue to build our team with broad expertise, diverse backgrounds, and ambitious employees. Being part of Bell & Clements provides access to multiple health and wellbeing benefits, work and life balance initiatives (including hybrid working),financial wellbeing packages as well as training, development and career opportunities.

**The Role**

**Overview**

To work within the Finance department, reporting to the Financial Controller

**Responsibilities**
- Upload monthly payroll amendments on the payroll system (SDWorx) including:

- Starters and leavers.
- Expense payments.
- Maternity.
- Overtime.
- Payrolled benefits.
- Check payslips and reports at payroll validation rectifying any issues.
- Liaise with HR regarding:

- Overtime and other authorised payments.
- Staff position data to be sent to MunichRe.
- Extract monthly payroll data from SDWorx into Excel workbook for review and upload to accounting system.
- Manage company auto-enrolment pension scheme with L&G.
- Dealing with employee payroll queries.
- Maintaining the epayslip portal, including resetting employee passwords.
- Ensure that statutory deductions are correctly made and accounted for and that all statutory returns, including those for taxable benefits, relating to the employees, are produced and despatched in a timely manner.
- Ensure that non-statutory deductions made on behalf of the employees are accounted for and returns, including payment, are made to the appropriate organisations.
- Provide ad-hoc payroll data reports for management and HR.
- Produce invoices for recharging various payroll costs within the MunichRe Group.
- To embrace and actively implement the core principles of Continuous Conversations (Commitments, Feedback and Development) as part of daily activities and with other colleagues.
- Take ownership of and make personal and professional development a priority as part of Continuous Conversations.
- In line with Continuous Conversations, establish and achieve development aspirations and needs through the setting of commitments and giving and receiving frequent, constructive feedback (referring to resources provided for support).
- To abide by the policies and procedures of Bell & Clements Ltd.

**Key Skills and Experience**
- Extensive experience in Payroll and Reward & Benefits.
- Experience in using SDWorx an advantage.
- Good Excel skills
- Quick and easy learner
- Strong communication and interpersonal skills
- Experience of managing an auto-enrolment pension scheme
- Resolve queries enquiries, issues and complaints, escalating as appropriate.
- Complete accurate payroll transactional processing.
- Support the management of the accurate and punctual processing of payroll.
- Ensure that non-statutory deductions made on behalf of the employees are accounted for and returns, including payment, are made to the appropriate organisations.

**Benefits**
- This position is offered on a part-time permanent basis.
- Annual leave - 25 days per year _(not including bank holidays)_, increases with length of service
- Health & Wellbeing - our offering includes private medical insurance for employees, their partners and their familie

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