Senior Compensation Analyst

4 weeks ago


London, Greater London, United Kingdom SPE Travelers Management, LTD Full time
Job Title: Senior Compensation Analyst

We are seeking a highly skilled Senior Compensation Analyst to join our team at SPE Travelers Management, LTD. As a Senior Compensation Analyst, you will play a critical role in designing and implementing competitive and cost-effective total compensation programs, practices, and solutions to drive a high-performance culture.

Key Responsibilities:
  • Advise and consult with Human Resources Generalists and clients on compensation administration, policy interpretation, job design, turnover, equity, and other related matters.
  • Perform market pricing, job documentation, and evaluation, survey participation, and related data analysis, compensation program administration, planning, and execution in collaboration with the compensation team and HR Generalists.
  • Maximize the application of compensation tools to support business initiatives and compensation strategies.
  • Develop a solid knowledge of the assigned business area, study and analyze data, monitor trends, and recommend enhancements and changes to ensure the retention, motivation, and recruitment of key personnel.
  • Provide guidance on the compensation aspects of new hire offer packages, including base, bonus, and equity replacement valuation and considerations.
  • Prepare and analyze reports for the CEO and Head of HR, as well as the Board of Directors, to support the review of compensation action recommendations, ensuring that the company's pay-for-performance pay philosophy and approach are adhered to.
Requirements:
  • A Bachelor's degree in a relevant field, such as Mathematics, Statistics, Economics, HR, or Business Administration.
  • Previous experience in a compensation role, with specific experience in job evaluation, role pricing, and survey submission/data scrubbing, as well as provision of general HR metrics preparation and analysis.
  • Strong analytical problem-solving, influencing, communications, leadership, and project management abilities.
  • Intermediate written, oral, and presentation skills.
  • Advanced Excel, Word, and related software package skills, specifically having the ability to create graphs, perform vlookups, and pivot tables.
What We Offer:
  • Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents at your expense through payroll deduction.
  • Retirement: Travelers will make a basic contribution of 9% of pensionable salary to your Group Personal Pension Plan (GPPP). If you decide to contribute an additional amount from your salary, you will receive an increased company contribution up to a maximum of 3%, bringing the total company contribution to 12%.
  • Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
  • Wellness Programme: The Travelers wellness programme is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Employee Assistance programme provides access to professional counseling services and other resources to support your daily life needs.
  • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.

We are an equal opportunity employer and value the unique abilities and talents each individual brings to our organization. If you are a candidate with specific questions regarding the physical requirements of this role, please send us an email so we may assist you.

Travelers reserves the right to fill this position at a level above or below the level included in this posting.



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