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 key 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 reports and data analysis for management to assist in making performance and rewards decisions worldwide.
  • Assist business groups in developing new or revising existing job descriptions.
  • Review draft job descriptions and provide input to ensure clients have a clear understanding of the job requirements.
  • Provide direction on job structuring and identify organizational design issues as appropriate in support of organizational design functions.
  • Ensure HR team members and managers have the knowledge and tools they need to effectively manage performance and administer compensation consistent with company philosophy and goals.
  • Design and deliver compensation-related training as needed.
  • Lead selected projects that are technically complex and/or sensitive.
  • 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.
  • Provide support as necessary to compensation lead and team members.
Requirements:
  • Bachelor's degree or equivalent in a relevant field, such as mathematics, statistics, economics, human resources, or business administration.
  • Previous experience in a compensation role, with specific experience in job evaluation, role pricing, and survey submission/data scrubbing.
  • Strong analytical problem-solving, influencing, communication, leadership, and project management skills.
  • Intermediate written, oral, and presentation skills.
  • Advanced Excel, Word, and related software package skills, including the ability to create graphs and perform vlookups and pivot tables.
  • CIPD qualification is preferred for this role.
What We Offer:
  • Private medical insurance, including single cover and the option to add cover for dependents.
  • Retirement plan with a basic company contribution of 9% of pensionable salary and the option to contribute additional amounts from salary.
  • Holiday entitlement of 25 days annually, plus the opportunity to purchase additional days.
  • Wellness program with tools and resources to support employee wellness goals.
  • Employee Assistance program with access to professional counseling services and other resources.
  • Matching Gift and Volunteer Rewards program to support employee charitable giving.

We are an equal opportunity employer and value the unique abilities and talents each individual brings to our organization. If you have specific questions regarding the physical requirements of this role, please contact us.

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

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