Reward Analyst

TN United Kingdom; London; On-site; GBP 30,000 - 60,000; Full time

Job summary

An exciting opportunity awaits in a dynamic environment where you can develop your reward experience. This role involves supporting the Reward Team with regular activities while contributing to global projects. Ideal candidates will have 1-3 years of experience in a Reward role, showcasing exceptional attention to detail, strong analytical skills, and the ability to multitask. Join a forward-thinking company that values diversity and promotes a hybrid working model, allowing for a healthy work-life balance. If you are ready to take the next step in your Reward career, this is the place for you!

Qualifications

• 1-3 years of experience in a broad Reward role.
• Proficient in Excel with a desire to enhance analytical capabilities.

Responsibilities

• Manage technical reward queries and support annual compensation reviews.
• Design and roll-out of flexible benefits and produce reporting.

Skills

Attention to detail

Organizational skills

Analytical skills

Communication skills

Data analysis

Multitasking

Education

Experience in Reward roles

Tools

Excel

Job description

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Business area: Global Reward & Performance Team

Location: London, York or Colchester

An exciting opportunity to develop your reward experience in a broad global role working in a fast-paced environment. We are looking for someone who has 1-3 years’ experience in a broad Reward role and is looking to take the next step in their Reward career. The role will predominantly support the Reward Team on the regular Reward activities, but there will also be scope to contribute to global Reward projects.

Key Responsibilities:

• Manage technical reward queries from employees, managers and People Team colleagues
• Support the annual compensation review process and administration of the company’s share schemes
• Support in the design and roll-out of flexible benefits
• Complete transactional tasks and draft communication material relating to employee benefit and wellbeing plans
• Produce reporting and analysis on an ad-hoc and cyclical basis
• Enhance the team’s reputation as a centre of excellence and an authority on technical reward matters

Personal Qualities:

• Exceptional attention to detail and ability to check and spot errors in their own work as well as the ability to peer review the work of others
• Excellent organisational, prioritisation, analytical skills
• Ability to multitask and produce work with a sense of urgency, working to timescales
• Flexible, able to adapt to changing priorities and willing to assume responsibility for a wide range of tasks and issues
• Strong communicator able to work in a collaborative manner, quickly building relationships as required.
• Proficient Excel skills and desire to enhance analytical capabilities

Key Requirements:

• Broad Reward based experience
• Capability of, and interest in, data analysis and modelling (advanced Excel user)
• Well-developed time management skills and the ability to multi task and produce work with a sense of urgency
• Flexible, able to adapt to changing priorities and willing to assume responsibility for a wide range of tasks and issues
• Organised with a high attention to detail

About Hiscox

As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.

Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.

Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.

Diversity and Hybrid working

At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success.

We have also learned over the past few years that working life doesn’t always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work life balance.

This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.

Apply now for further information

You can follow Hiscox on LinkedIn, Glassdoor and Instagram (@HiscoxInsurance)

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