Head of Reward

3 days ago

London, United Kingdom Hiscox Full time

job description:
**Head of Reward**
**Reporting to Global Reward Director**
**London, York or Colchester based**

We are looking for a Compensation Specialist who is seeking an exciting opportunity to develop and broaden their reward experience in a newly created role within the Reward team. Working closely with senior business leads and HR business partners, you will report into the Reward Director and be supported by 3 Reward Analysts. Your duties will include:

- Ensuring the reward package is globally competitive, aligned to the business strategy and complies with regulatory requirements
- Evolving the job grading approach and internal pay band structure
- Responsibility for sourcing and matching against the most relevant salary benchmark data
- Managing delivery of the annual compensation review (salary, bonus and LTIP) across 10+ countries
- Preparing the annual remuneration report on executive pay
- Assist in the production papers for the remuneration committee
- Managing international secondments and recruitment packages for senior hires
- Managing the global share plans (sharesave schemes and LTIP)
- Developing and delivering creative reward solutions to business problems, ensuring stakeholders are onboard and solutions are successfully deployed

What makes this role different? The scope, breadth and variety. In many similarly, or larger sized companies, you’ll only focus on one area like executive compensation, benefits or share plans. Our role encompasses all of these.

If you thrive in a challenging and collaborative environment where you are trusted to work instinctively and know the company will stretch you to your full potential look no further.

person specification:

- Compensation specialist with 7+ years experience, preferably in a large scale global role. Those with less years but the right level of experience will naturally be considered.
- Demonstrable success at managing reward projects / initiatives
- Excellent organisational, prioritisation, analytical skills with exceptional attention to detail
- Ability to multi task and produce work with a sense of urgency
- Ability to work across geographical and functional boundaries, strong influencing skills and ability to work across levels within the organisation
- Flexible, able to adapt to changing priorities and willing to assume responsibility for a wide range of tasks and issues
- Excellent communicator with excellent interpersonal and collaboration skills
- Confidence and courage to challenge the status quo and think creatively
- Ability to operate independently with little supervision

**Diversity and Working Patterns**

At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We have also learned over the past 15 months that working life doesn’t always have to be in the office, and when it’s safe to do so, we will be introducing hybrid ways of working to encourage a healthy work life balance.

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