Payroll & Benefits Assistant

Specialist Risk Group; City Of London; On-site; GBP 30,000 - 40,000; Full time

Job summary

A leading risk management firm in London is seeking a Payroll & Benefits Assistant to ensure smooth payroll operations for approximately 800 colleagues. The ideal candidate will have a solid understanding of payroll and benefits administration along with experience in UK payroll processing. This role offers opportunities for growth and includes benefits such as 25 days holiday and private medical cover.

Benefits

25 days holiday plus extra half-day for birthday

Company pension scheme

Private medical cover

Life insurance and income protection

Charity and volunteering days

Qualifications

• Good understanding of payroll and benefits administration.
• Experience with UK payroll processing is essential.
• Background in benefits administration and reporting.

Responsibilities

• Support the monthly payroll process for approximately 800 UK colleagues.
• Assist with the development and administration of international payroll systems.
• Respond to payroll and benefits queries from colleagues promptly.

Skills

Payroll administration

Benefits administration

HR systems

Data reporting skills

Education

Relevant payroll or HR qualifications

Tools

Excel

Job description

Who we are

At Specialist Risk Group (SRG), we specialise in delivering expert risk solutions for complex, high‑stakes challenges across a range of sectors. From insurance and professional indemnity to bespoke risk management services, our work demonstrates both precision and adaptability, reflecting our commitment to helping clients navigate even the most demanding scenarios.

Our dedication to excellence and innovative thinking underpins everything we do. Guided by our mantra, “Difficult. Done Well.”, we tackle challenges that others shy away from, delivering solutions that are both robust and forward‑thinking.

Powered by a team of highly skilled specialists, we combine deep industry knowledge with strategic insight to turn complex problems into practical, actionable solutions. We work closely with our clients, understanding their ambitions and risks, to provide tailored strategies that support growth, resilience, and long‑term success.

With a focus on collaboration, expertise, and precision, SRG shapes the way organisations manage risk—transforming complexity into opportunity and helping clients achieve outcomes they can rely on.

About the Role

We’re looking for a friendly and organised Payroll & Benefits Assistant to join our People and Culture team. Reporting to the Payroll and Benefits Manager and working closely with the People Business Partnering team, you’ll play a key role in ensuring payroll runs smoothly and colleagues have the support they need to make the most of their benefits.

What you will be doing

• Supporting the monthly payroll process for approximately 800 UK colleagues, ensuring accuracy and timely delivery.
• Assisting with the development and administration of international payroll systems and processes.
• Supporting annual remuneration reviews, reporting, and payroll‑related projects.
• Responding to payroll and benefits queries from colleagues promptly and professionally.
• Supporting benefits renewals, internal promotions, and communications.
• Assisting the People Business Partnering team with ad‑hoc HR and payroll projects.

Who we are looking for

You’ll have a good understanding of payroll and benefits administration and be confident working with HR systems and large datasets. Experience with UK payroll processing is essential, along with a background in benefits administration and reporting.

It would be great if you also have:

• Experience with international payroll or multi‑country processes.
• Advanced Excel and data reporting skills.
• Knowledge of HR systems and employee record management.
• Relevant payroll or HR qualifications.

What you will get

When you join SRG, you’re stepping into more than just a role, you’re becoming part of a team that backs your ambitions and celebrates your success. We’ll give you the space, support, and opportunities to grow your skills, explore new challenges, and shape a career you’re proud of.

• 25 days holiday plus an extra half‑day off to celebrate your birthday month.
• Company pension scheme to help secure your future.
• Private medical cover for peace of mind.
• Life insurance, income protection and sick pay to support you when you need it.
• Charity and volunteering days so you can give back to causes you care about.

What to expect

At SRG, our colleagues are at the heart of everything we do. We pride ourselves on fostering an inclusive, respectful culture, one where people feel empowered, valued, and equipped for growth. We embrace new ideas, adapt to challenges, and celebrate shared success.

We’re committed to making our recruitment process and workplace accessible to everyone. If you have a disability or require any adjustments, whether during the hiring process or in your day‑to‑day role, we’ll work with you to ensure you have the support you need. Just let us know how we can help.