Benefits Consultant

7 days ago

Southampton, Southampton, United Kingdom Quilter Full time
About the Role

Job Title: Reward Analyst

Level: 3

Department: Human Resources - Reward

Location: Quilter House

Contract type: Fixed Term 12 months

As a Reward Analyst, you will play a key role in supporting all aspects of the annual compensation processes at Quilter. One of our most important processes is the Group's annual salary and incentive cycle in Q1, which requires a raft of activities across the team.

The emphasis will be on all data elements that form part of our compensation cycle, including:

  • Completion and analysis of market data compensation surveys
  • Maintenance of incentive accrual files for our colleagues in Finance
  • Maintenance and evolution of Reward-built employee job matching and benchmarking databases
  • Development and testing of our year-end compensation tool (Curo/PayScale)
  • Upkeep of other Reward systems and trackers as required

This role will also support with the preparation and analysis of various annual regulatory disclosures, such as:

  • Gender and Ethnicity Pay Gap calculations
  • Real Living Wage monitoring

In addition, the role will give you the opportunity to partner with the wider HR function and directly with the business, supporting with technical reward guidance and other advisory services, including:

  • Composing commercial salary and incentive package recommendations for new hires and internal moves/promotions
  • Ensuring proposals are in keeping with our diversity and inclusion principles, Equal Pay regulations, and alignment with our pay-for-performance culture
  • Providing market trends and insights as required
  • Employee reward cost analysis

There will also be the opportunity to contribute to project work as we support our HR, Finance, and wider business colleagues with Quilter's strategic priorities and the impact that employee reward has on these.

About You

Relevant experience working within a similar Reward role is essential, with ideally 2-3 compensation cycles previously supported.

A particular understanding and familiarity with the kinds of roles and team structures within the Financial Services sector would be preferred, as would a working understanding of Willis Towers Watson and McLagan compensation data.

Demonstrable experience of working with data and a high level of proficiency with MS Office applications, in particular MS Excel, is essential. Workday HCM knowledge and/or Curo Compensation (PayScale) would be beneficial.

You will have a high level of numeracy and an analytical mindset with a need to be comfortable with handling large sets of data, ideally within a Financial Services or other relevant context.

Core Benefits

Holiday: 26 days

Quilter Incentive Scheme: All employees are eligible to participate in our incentive scheme, based on the company's performance and their contribution to it

Pension Scheme: 10% non-contributory company pension scheme that can be boosted through personal contributions

Benefit Allowance: A cash benefit allowance is payable in lieu of some of our core benefits.

In addition to our core benefits, we offer a range of flexible benefits that you can choose from and pay for conveniently via a salary deduction.

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