Reward Associate

About BII

British International Investment (BII)
is the UK's leading development finance institution, wholly owned by the UK Government. Our primary mission is to address global development challenges through strategic investments that promote sustainable and inclusive economic growth.

BII focuses on catalysing economic development, creating jobs, and building resilient economies in some of the world's most complex and underserved markets. We invest in businesses and projects that prioritise inclusive development, environmental sustainability, and innovation.

Our approach is characterised by rigorous investment standards, high governance principles, and a commitment to delivering measurable development impact. Our team consists of highly skilled and passionate professionals dedicated to making a tangible difference globally.

We foster a collaborative and intellectually stimulating work environment that values curiosity, innovation, and professional growth. Our culture balances high performance with a strong emphasis on wellbeing, ensuring our employees can achieve their full potential while contributing to our mission.

BII at a glance:

Over 75 years
supporting sustainable business growth in developing and emerging markets

More than £9.9 billion
in net assets

1,600+
businesses invested in

950,000+
workers in the businesses we support

650+
people in our diverse global team

3 key development objectives: Productive | Sustainable | Inclusive

Team and role overview

• The wider HR team consists of (i) Reward & payroll, (ii) Talent Acquisition, Development & Global Mobility and (iii) Business Partnering & Talent Management (inc. Operations and D&I).
• This essential role will report to the Reward Director, as part of the HR Reward & Payroll team: a total of 5 team members (3 in Reward & 2 in Payroll).
• The role will support the Reward Director and Reward Manager on global compensation & benefits activities, helping to create a centre of excellence.
• The role will act as a point of contact for stakeholders in the broader HR team, within the business for employees and line managers and external providers.

Purpose

This role is very important within of our Reward & payroll team, which manages all compensation structures, benefit provisions and payroll services including employment taxes. The team operates across all BII locations which currently total 12 in the UK, Africa and Asia. This covers all employees, plus anyone in our early careers programme and global mobility programmes. Delivering BII's reward offering is critical; it forms an important part of BII's Employee Value Proposition (EVP) helping to attract, engage and retain our people and deliver the mission. We are looking for someone with a passion for maximising the employee experience who will enjoy the breadth of work and being in a small, busy team.

Responsibilities

• Ensure BII's global compensation & benefits comply with its Remuneration Framework and all relevant local legislation /regulations.
• Administer BII's global benefits ensuring employee requests to leave, join or change their benefits are captured and actioned promptly with providers, and as necessary with BII payroll.
• Lead on BII global benefit renewals as required, working with broker(s) or direct with provider(s).
• Lead on employee engagement globally with BII benefits and wellbeing programmes.
• Support with any aspect of benchmarking of BII benefits and compensation across all global locations including provision of data.
• Prepare reward data analysis for management or reporting purposes and modelling to support business case for change.
• Work with external advisers to submit the annual UK PAYE Self Assessment (PSA) and Short-Term Business Visitors report to HMRC.
• Support as required with ad hoc projects across reward, benefits and when necessary payroll.

The candidate

Background, skills, aptitude

• Successful candidates will be inquisitive, pro-active and willing to challenge the status quo for the better. They enjoy and thrive worked in fast moving, complex environments in small teams, comfortable using and developing their skills for different types of work.

Essential skills
:

• Personal Effectiveness: Demonstrates strong administration skills, able to prioritise and multi-task, capable of organising self and teams to meet agreed deadlines.
• Critical thinking and analysis: Distil and summarise information from multiple sources, weight and prioritise the relevant factors and know when to seek guidance from colleagues.
• Exercise judgement: Make decisions which are logical, pragmatic and supported by the facts.
• Ability to identify and articulate a problem, gather all relevant information and offer a solution (and where necessary a preferred option).
• Communication: Articulate and able to communicate effectively (in writing and verbally) at all levels and to manage expectations appropriately
• Influencing/Persuading: Is confident, with the ability to persuade, obtain agreement and cooperation from all stakeholders in a 'win-win' fashion.
• Attention to detail.
• Results focus: Has the drive to achieve objectives to a high quality, on time and on budget – a completer finisher
• Resilience: Take a proactive, positive approach and when required able to reframe the situation positively when things don't go as planned.
• Strong and demonstrable Microsoft Office skills, especially Excel and modelling.

Desirable skills
:

• Experience of building strong working relationships in a diverse working environment, using active listening skills.
• Understanding how to quality check survey and benchmarking methodologies and assess the factors determining reward.
• Experience of working with external providers and consultants to obtain the best service.
• Experience of and knowledge from working in non-UK markets, in particular Asian and African markets.
• Knowledge of employment legislation.
• Candidates should be strongly motivated by BII's development mission and ideally demonstrate some commitment to development or social goals through previous executive or non-executive activity.

Our cultural values

We look for team members who aspire, as we do, to work at our best and to be:

• Impact-led, commercially rigorous
• Tenacious in the face of challenges
• Collaborative and caring

British International Investment is committed to diversity and inclusion and welcomes all applicants regardless of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation or educational background.

Please provide a cover letter with your application

• Salary: Competitive