Senior Compensation Analyst

Arthur J. Gallagher & Co.; Golden Horseshoe; On-site; CAD 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Senior Compensation Analyst, where your expertise in compensation management will help shape strategies that attract and retain top talent. This role offers the chance to collaborate with diverse teams, including HR and Finance, to ensure competitive and compliant compensation programs. With opportunities to lead impactful projects and contribute to global initiatives, you'll play a vital role in enhancing the employee experience while building a legacy of trust and excellence in risk management. Embrace your passion for problem-solving and make a difference in a dynamic environment.

Benefits

25+ days holiday

Defined contribution pension scheme

Life insurance

Income protection

Health cash plan or Private medical insurance

Employee Stock Purchase plan

Share incentive plan

Discounted gym membership

Season ticket loan

Emergency back-up family care

Qualifications

• Proven record in managing compensation activity within financial services.
• Strong academic background with a focus on compensation strategies.

Responsibilities

• Manage annual pay review process and stakeholder engagement.
• Oversee incentive and bonus plans ensuring compliance.
• Analyze data to drive compensation program decisions.

Skills

Compensation Analysis

Data Analysis

Stakeholder Engagement

Regulatory Compliance

Microsoft Excel

HR Systems

Presentation Skills

Education

University Degree

CIPD Qualification

Tools

Oracle HR Systems

Job description

Introduction

Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher's global brokerage team. Join a family of diverse minds, united by a relentless pursuit of excellence. As part of our team, you'll be the architect of protection, safeguarding businesses and empowering their ambitions. Together, we'll build a legacy of trust and triumph in the dynamic world of risk management.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Overview

As a Senior Compensation Analyst, you will play a pivotal role in supporting the Compensation Director in managing and delivering compensation activities within the UK and EMEA broking division, as well as global projects.

This role requires a strategic thinker who can navigate complex compensation structures and provide insightful analysis to drive decision-making. You will be responsible for ensuring that our compensation programmes are competitive, compliant, and aligned with Gallagher's business objectives.

Your expertise will be crucial in shaping compensation strategies that attract, retain, and motivate top talent across the organisation. You will collaborate closely with internal stakeholders, including HR, Finance, Risk, Legal, and divisional business leadership teams up to the C-suite, to ensure seamless integration and execution of compensation initiatives. Additionally, you will have the opportunity to lead and contribute to various reward projects, enhancing your professional growth and impact within the company.

How you'll make an impact

• Annual Pay Review Cycle:Contribute to the end-to-end delivery of the annual pay review process, including project management, stakeholder engagement, data preparation, process governance, colleague communication, and post-process review.
• UK RemCo Support:Assist in preparing proposals and papers for the Remuneration Committee, including recommendation formulation, analysis, market research, and interaction with external advisors.
• Incentives and Bonus Management:Oversee incentive & bonus plans across the global population, ensuring regulatory compliance and governance controls.
• Salary and Allowances Oversight:Ensure effective governance and controls for salary and allowance-based pay activities, adhering to global statutory requirements.
• LTIP and Equity Plans Management:Handle annual long-term incentive, deferred compensation, and share-based plans, including communication, vesting, and participant training.
• Benchmarking:Oversee annual pay survey submissions and support ad-hoc benchmarking requirements, ensuring managers have effective pay survey data and insights.
• Pay Reporting:Manage UK mandatory gender pay reporting and develop other reporting areas, including ethnicity and EU pay directive requirements.
• Merger and Acquisition Activity:Drive compensation-related processes for corporate acquisitions, including due diligence and integration of acquired populations.
• Data Analysis and Presentation:Analyse business data to understand impacts on compensation programmes and present reviews and recommendations to management.
• Training and Programme Rollouts:Develop and distribute training materials for compensation programme rollouts.
• Reward Projects:Lead or contribute to UK/EMEA/Global projects as required.

About you

• Senior Reward professional with a proven record in managing compensation activity within an international financial services organisation.
• University graduate with a strong academic background; CIPD qualification preferred.
• Advanced proficiency in Microsoft Excel and experience with HR systems, including Oracle.
• Desirable knowledge and experience in international reward management, RemCo process support, bonus and incentive scheme management, financial services pay regulation compliance, merger and acquisition reward processes, pay and tax legislation, benchmarking, and pay equity analysis.
• Strong relationship-building skills and impeccable attention to detail.
• Ability to manage workloads and meet deadlines.
• Comfort in presenting to senior leadership.
• Flexibility in supporting ad-hoc requests.
• Capability to work independently and collaboratively.
• Must have right to work in the UK

#LI-CT

Compensation and benefits

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Minimum of 25 days holiday, plus bank holidays, and the option to ‘buy’ extra days
• Defined contribution pension scheme, which Gallagher will also contribute to
• Life insurance, which will pay 4x your basic annual salary, which you can top-up to 10x
• Income protection, we’ll cover up to 50% of your annual income, with options to top up
• Health cash plan or Private medical insurance

Other benefits include:

• Three fully paid volunteering days per year
• Employee Stock Purchase plan, offering company shares at a discount
• Share incentive plan, HMRC approved, tax effective, stock purchase plan
• Critical illness cover
• Discounted gym membership, with over 3,000 gyms nationally
• Season ticket loan
• Access to a discounted voucher portal to save money on your weekly shop or next big purchase
• Emergency back-up family care
• And many more…

We value inclusion and diversity

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organisation. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher is Disability Confident Committed. We have pledged to make sure our recruitment process is inclusive and accessible, in addition to supporting our existing employees with any long-term health conditions or disabilities.

We understand that applicants may have disabilities, if you do, you may find some parts of the recruitment process more challenging than others. Don’t worry, we’re here to help, however, we can only do this if you let us know.

Should you require reasonable adjustments to your application, please get in touch with [e-mail] . If you’d prefer to speak on the phone, please request a call back, leaving details, so we get in touch.

Our employing entity, Arthur J. Gallagher Services (UK) Limited, is proud to be accredited as a Living Wage employer with the Living Wage Foundation. We are committed to diversity and opportunity for all and are opposed to any form of less favourable treatment on the grounds of gender or gender identity, marital status, civil partnership status, parental status, race, ethnicity, colour, nationality, disability, sexual orientation, religion/ belief, age and those with caring responsibilities.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.