Reward Analyst

Bupa; Leeds; Hybrid; GBP 40,000 - 45,000; Full time

Benefits offered by this job

Gym membership

Private medical insurance

Private dental insurance

Cycle to work scheme

Health & wellbeing programme

25 days holiday pro rata

Job summary

Bupa is seeking a Reward Analyst on a 6-month fixed term to support the annual pay review and bonus cycle. This hybrid role requires two days in the office weekly across multiple UK locations, including Leeds, Salford Quays, London and Staines.

You will deliver analytical insights, modelling and reporting to influence reward decisions. The ideal candidate has advanced Excel skills, experience in reward or pay-related activities, and an ability to translate data for stakeholders across HR and

Qualifications

• Strong numerical, analytical and problem-solving skills.
• Advanced Excel capabilities with complex models and large datasets.
• Experience supporting reward, compensation, pay review or bonus activities is beneficial.

Responsibilities

• Lead and support annual pay review and bonus processes.
• Produce detailed reward analysis, modelling and reporting for decision-making.
• Manage bonus calculations, accruals and submissions with accuracy and compliance.
• Develop and maintain pay ranges using market benchmarking data.
• Assist with salary survey submissions, job matching and market analysis.
• Support gender and ethnicity pay gap reporting and other governance requirements.

Skills

Analytical skills

Advanced Excel

Data analysis

Tools

Power BI

Workday

Korn Ferry

Job description

Job Description:Reward Analyst (6-month fixed term)Locations: Salford Quays M50 3SP, Kirkstall Forge, Leeds LS5 3BF, London or StainesFull-time position: 37.5hoursSalary Circa: £40,300 - £45,000 plus fixed term benefit allowanceHybrid and flexible working options available - 2 days per week required in officeRole OverviewAre you a data-driven Reward Analyst looking to make a real impact? Over the next six months, this role will play a critical part in delivering key reward activities that support the annual pay and bonus review cycle, culminating in successful implementation during March and April 2027.Working closely with Reward, Finance, HR and business stakeholders, you'll provide insightful analysis, modelling and reporting that helps shape reward decisions across the organisation. This is an exciting opportunity to influence high-profile reward programmes while developing your expertise in compensation, pay governance and reward strategy.What You'll Be DoingLeading and supporting key reward activities, with a particular focus on annual pay review and bonus processes.Producing detailed reward analysis, modelling and reporting to support reward decision-making.Managing bonus calculations, accruals and submissions, ensuring accuracy and compliance.Supporting the development and maintenance of pay ranges using market benchmarking data.Contributing to salary survey submissions, job matching and market analysis activities.Assisting with gender and ethnicity pay gap reporting and other reward governance requirements.Providing reward insights to HR, Finance and business leaders.Helping to continuously improve reward processes, reporting capabilities and data quality.Supporting job evaluation and grading activities through established reward frameworks.What We're Looking ForProven experience in an Analyst role with strong numerical, analytical and problem-solving skills.Advanced Excel capabilities, including building complex models, analysing large datasets and interpreting trends.Experience supporting reward, compensation, pay review or bonus-related activities.Ability to translate data into clear, meaningful insights for a range of stakeholders.Strong attention to detail with the ability to maintain accuracy when working with sensitive data.Confidence working with stakeholders across HR, Finance and the wider business.Experience with salary benchmarking, pay ranges, salary surveys or pay gap reporting would be highly advantageous.Familiarity with PowerPoint and presenting data in a clear and engaging way.Knowledge of Power BI, Workday, Willis Towers Watson or Korn Ferry methodologies would be beneficial.Ideal BackgroundWe're particularly interested in candidates from Reward Analyst, Compensation Analyst, Remuneration Analyst, HR Analytics, People Analytics or Finance Analyst backgrounds who are looking to specialise further in reward. This role would suit someone who enjoys working with data, thrives on solving complex problems and wants to see their analysis directly influence business decisions.BenefitsOur benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health - from mental and physical, to financial, social and environmental wellbeing. We support flexible working and have a range of family friendly benefits.Joining Bupa in this role you will receive the following benefits and more:25 days holiday per year, pro rata to your contract.Access to a range of services to support your physical and mental wellbeingFixed term benefits allowanceAccess to our confidential employee assistanceWhy Bupa?We're a health insurer and provider. With no shareholders, our customers are our focus. Our people are all driven by the same purpose - helping people live longer, healthier, happier lives and making a better world. We make health happen by being brave, caring and responsible in everything we do.We encourage everyone to ”Be you at Bupa”. We champion diversity and want our people to reflect the communities and customers we serve, so we especially welcome applications from people with diverse backgrounds and experiences.Bupa is a Level 2 Disability Confident Employer. We aim to offer an interview or assessment to every disabled applicant who meets the minimum criteria for the role. We will treat you fairly and provide reasonable adjustments throughout the recruitment process whenever needed.If you need information about this role in an alternative format, please email [e-mail] Type:Full timeJob Area:People & HRLocations:Angel Court, London, Bupa Place, Kirkstall Forge, Staines - Willow HouseGym membership, Financial planning services, Additional leave, Company pension, Free flu jabs, Cycle to work scheme, Employee mentoring programme, Paid volunteer time, Health & wellbeing programme, Referral programme, Private dental insurance, Private medical insurance