Reward Analyst

Wesleyan Group; Birmingham; Hybrid; GBP 28,000 - 46,000; Full time

Benefits offered by this job

Annual bonus

28 days holiday

Flexible hybrid working

Company pension (matched)

Underground parking in Birmingham

Salary sacrifice schemes

Volunteer days

Job summary

Wesleyan is seeking a Reward Analyst to shape reward strategy and governance within a UK hybrid setup, with the Birmingham office typically used two days per week. The role focuses on delivering reward reporting, benchmarking and incentive design across the business.

You will own bonus calculations, develop financial models, forecast outcomes and collaborate with HR and senior stakeholders to ensure remuneration remains competitive and compliant.

Qualifications

• Strong analytical and data interpretation skills with advanced Excel capability.
• Experience of financial modelling, forecasting and scenario analysis.
• Understanding of budgets and cost management.

Responsibilities

• Deliver reward reporting, insight, modelling and benchmarking to support reward strategy and remuneration design and governance.
• Administer bonus calculations, ensuring payments are processed accurately.
• Produce financial models to assess proposed reward initiatives and impacts.
• Take the lead in reviewing and enhancing variable pay schemes to drive business priorities.
• Assist in planning and execution of annual remuneration activities, including salary reviews and benchmarking.
• Support reward governance and regulatory oversight through reporting and analyses.

Skills

Strong analytical skills

Advanced Excel

Financial modelling

Forecasting

Stakeholder management

Presentation skills

Data interpretation

Job description

Reward Analyst

Salary: Up to £46,000 based on skills and experience
Contract Type: Permanent
Location: Hybrid working (office based in Birmingham) - typically 2 days in the office per week

Shape Brighter Futures with Wesleyan

Established in 1841, Wesleyan help trusted professionals—GPs, hospital doctors, dentists, and teachers—secure their financial future. Today,we'reproud to continue that mission with passion and purpose. Ifyou'relooking for a role where you'rexpertisemakes a real impact, and you want to work in a culture that values collaboration, innovation, and integrity,we'dlove to hear from you. Find out more about who we are: About Wesleyan

Make a Difference

The role will deliver reward reporting, insight, modelling and benchmarking to support reward strategy, ensure remuneration arrangements remain commercially effective and compliant, and contribute to the development of broader reward initiatives across the company. With regular interaction across the company with HR and senior stakeholders to design and manage variable pay schemes.

Your Impact

Here’showyou’llmake a difference:

• Take ownership of the design, governance and delivery of reward and incentive programmes, ensuring consistency and compliance.
• Administer bonus calculations, ensuring payments are processed accurately and queries are resolved efficiently.
• Produce financial models to assess proposed reward initiatives, measuring potential financial, commercial and employee impacts to support planning decisions.
• Take a lead in reviewing and enhancing variable pay schemes to ensure that they continue to drive desired behaviours and support business priorities.
• Assist in the planning and execution of annual remuneration activities, including salary reviews, benchmarking, bonus processes and related reward initiatives.
• Support reward governance and compliance requirements through remuneration reporting, pay equity analysis and regulatory oversight

WhatYou’llBring

• Strong commercial and customer focus and ability to see the end customer impact of all decisions and actions.
• Proactive approach and ability to plan, anticipating the impact of upcoming change.
• Strong analytical and data interpretation skills with advanced Excel capability.
• Experience of financial modelling, forecasting and scenario analysis.
• Understanding of the business objectives and plans with the ability to interpret these in line with the key requirements of the role.
• Strong presentation skills and ability to explain complex matters in a simple manner.
• Understanding of budgets and cost management.
• Ability to establish long-term solid partnerships and relationships demonstrating teamwork and collaboration across the Society.
• Experience of reward benchmarking and market analysis.
• Understanding of reward governance and remuneration risk management within Financial Services.
• Strong stakeholder management and influencing skills, including experience presenting to senior leaders and governance forums.

Benefits That Work for You

• Annual bonus to recognise your contribution.
• 28 days holiday (plus a culture day!) - rising to 30 days with service.
• Flexible hybrid working for better work-life balance.
• Company pension scheme - matched plus 2% (up to 10%).
• Free secure underground Birmingham city centre parking (subject to availability, weekend use included).
• Salary sacrifice schemes that help you provide the things that matter - to include PMI, Electric Vehicle Leasing and cashback on everyday essentials.
• Enhanced family leave and two volunteering days to give back to causes you care about.

Discover the full range of benefits: Wesleyan Careers Rewards

Why Wesleyan?

We'rebuilding a culture where everyone belongs. Diversityisn'tjust a policy—it’spart of who we are. Whatever your background, we want you to feel valued and empowered to thrive. We'reproud supporters of the ABI Making Flexible Work campaign, which means we'reopen to discussing flexible working, job shares, and part-time options. If you need reasonable adjustments during the recruitment process, just let us know—we'rehere to support you.

What to Know Before Applying

• Right to Work: We'reunable to provide VISA sponsorship, so you'llneed the legal right to live and work in the UK.
• Advert Closing: We typically advertise for two weeks but may close early if we receive a high volume of applications - apply early to avoid disappointment.