HR Business Partner - Comp and Bens / RemCo

Definitive; Greater London; Hybrid; GBP 81,000 - 99,000; Full time

Benefits offered by this job

Hybrid working

RemCo exposure

Competitive package

Job summary

Definitive in London is seeking an experienced HR Business Partner specialising in Compensation, Benefits & Reward with RemCo exposure to lead high-profile projects on a six-month fixed-term contract. The role is hybrid, based in London City with remote work options, and offers up to £90,000 pro rata plus benefits.

You will own RemCo and executive compensation initiatives, design incentive schemes, support RemCo papers, and partner with senior HR and business leaders to shape Reward strategy

Qualifications

• Experience across Compensation, Benefits & Reward with RemCo exposure.
• Experience supporting Remuneration Committees (RemCo) and executive compensation.
• Strong salary benchmarking and market analysis capability.

Responsibilities

• Own RemCo and reward projects with senior stakeholders.
• Prepare RemCo papers and remuneration documentation.
• Design and review bonus and incentive models.
• Benchmark salaries and oversee payroll governance reviews.
• Support broader HR projects with Reward expertise.

Skills

Compensation & Benefits

Reward

RemCo experience

Executive compensation

Stakeholder management

Job description

HR Business Partner – Compensation, Benefits & Reward / RemCo

London EC4N | Hybrid Working – Home & London City
Up to c.£90,000 Pro Rata + Benefits
6-Month Fixed-Term Contract
Reinsurance / Insurance / Financial Services

Reward Expertise. RemCo Exposure. High-Impact HR Projects.

We are looking for an experienced HR Business Partner specialising in Compensation, Benefits & Reward to join a leading organisation within the Reinsurance sector on an initial six-month fixed-term contract.

This is an excellent opportunity for an accomplished Reward professional with genuine Remuneration Committee (RemCo) experience to take ownership of several high-profile compensation and reward projects with significant senior leadership exposure.

Youll be joining a collaborative, experienced HR team where youll have the freedom to bring your expertise, challenge existing thinking and deliver meaningful change.

The package is up to c.£90,000 pro rata + benefits, with potential flexibility for an exceptional candidate bringing particularly strong RemCo, executive compensation and financial services Reward experience.

Why Consider This Opportunity?

• Take ownership of several strategically important Reward and RemCo projects


• Work directly with senior HR and business stakeholders


• Gain significant exposure to executive remuneration and incentive design


• Join an established organisation within the London Reinsurance market


• Hybrid working between home and London City


• Broad remit combining specialist Reward expertise with wider HR projects


• Opportunity to influence Reward strategy rather than simply administer existing processes

Your Reward & RemCo Projects

Youll take ownership of a number of important initiatives, including:

• Developing the strategy and design for a return to an Individual Ratings approach


• Designing a new Personal Goals & Incentives Scheme ahead of its planned introduction in April 2027


• Developing the plan for the 2027 Remuneration Committee review


• Preparing and supporting high-quality RemCo papers and remuneration documentation


• Supporting executive compensation activity


• Developing and reviewing bonus and incentive models


• Conducting salary and market benchmarking


• Reviewing maternity and paternity pay arrangements


• Supporting Reward and HR-related audits


• Reviewing the existing payroll provider and associated governance


• Supporting implementation of a new People Services Portal


• Contributing to broader HR projects where your expertise can add value

What We're Looking For

We're particularly interested in speaking with Compensation & Benefits, Reward and HR professionals who have operated within a sophisticated, regulated environment.

Youll ideally bring:

• Strong experience across Compensation, Benefits & Reward


• Direct experience supporting Remuneration Committees (RemCo)


• Experience preparing RemCo papers and supporting committee reviews


• Strong knowledge of executive compensation


• Experience designing and reviewing bonus and incentive schemes


• Knowledge of individual performance ratings and objectives


• Strong salary benchmarking and market analysis experience


• Experience with payroll governance and provider reviews


• Exposure to HR and/or Reward audits


• Strong stakeholder management skills, including working with senior executives

Sector Experience

Experience within one or more of the following would be particularly attractive:

• Reinsurance


• Insurance


• Lloyd's / London Market


• Banking


• Asset Management


• Specialist Financial Services

Previous experience operating within a regulated financial services environment will be highly advantageous.

The Person

This isn't a role for someone who wants to sit quietly behind spreadsheets and wait for instructions.

Youll be a self-starter who can quickly understand the organisation, establish priorities and take ownership of projects.

Youll be:

• Commercial and pragmatic


• Highly analytical and detail-focused


• Confident working with senior stakeholders


• Comfortable challenging constructively


• Able to operate independently


• Collaborative and straightforward


• Comfortable moving between strategic Reward projects and hands‑on delivery


• Positive, energetic and able to work effectively in a fast‑paced environment

The Opportunity

If you're a Reward / Compensation & Benefits specialist with genuine RemCo experience and want a six-month assignment where your expertise will be highly visible and genuinely valued, this is an opportunity to make an immediate impact.

Youll take ownership of projects covering RemCo, executive compensation, incentives, performance ratings, benchmarking and Reward governance, while working alongside an experienced HR team within the London Reinsurance market.