Reward Analyst

Wade Macdonald; London; Hybrid; GBP 40,000 - 45,000; Full time

Job summary

An established industry player is seeking a Reward Analyst to enhance their HR function. This role offers a unique opportunity to engage in data-driven projects, supporting key compensation and benefits initiatives. You will collaborate closely with senior stakeholders, ensuring effective execution of reward strategies through financial modeling and analysis. The organization promotes a culture of continuous improvement and values diversity, providing a supportive environment for career progression and professional development. Join a forward-thinking team where your contributions will make a significant impact on the company's reward strategies.

Benefits

Private Medical Cover

Life Assurance

Enhanced Pension

Generous Holiday Entitlement

Professional Development Support

Qualifications

• 2-3 years of experience in a Reward role with strong analytical skills.
• Experience supporting at least two pay review cycles.

Responsibilities

• Support financial modelling and analysis across compensation areas.
• Build data models and analyze large datasets for pay strategies.

Skills

Analytical Skills

Numerical Skills

Excel Proficiency

Communication Skills

Attention to Detail

Tools

HRIS

Compensation Management Tools

Job description

Reward Analyst

City of London - Hybrid

£40,000- £45,000

About the Client

A well-established organisation within the professionalsector, they are dedicated to nurturing a culture of continuous improvement, where learning is a lifelong journey, and challenges are opportunities for growth.

About the Job

This is an exciting opportunity for a Reward Analyst to join the HR function, supporting the delivery of key compensation and benefits initiatives. Working closely with senior stakeholders, you will contribute to data-led projects across salary review processes, benchmarking, and benefits modelling, ensuring accurate and effective execution of reward strategies.

Duties will include:

• Supporting financial modelling and analysis across compensation areas including bonuses, pay awards, and equity schemes.
• Building data models and analysing large datasets to support performance-related pay strategies.
• Ensuring integrity of HRIS data and resolving discrepancies in collaboration with HR Services.
• Aiding in the implementation of reward-related change management projects.
• Contributing to the annual pay review process and liaising with stakeholders across the business.
• Participating in market surveys and interpreting external benchmarking data to inform internal reward planning.
• Assisting with gender pay gap, ethnicity pay gap, and other audit calculations.
• Helping select and implement compensation management tools.
• Monitoring vendor spend and performance related to reward and benefits.
• Supporting business-as-usual reward operations and benefits queries.
• Assisting with the annual benefits enrolment and employee data interrogation.

About the Successful Applicant

You will bring at least 2-3 years’ experience in a Reward role, with a strong numerical and analytical skills, with proficiency in Excel and experience supporting at least two pay review cycles. A background in HR and Reward is preferred, along with excellent communication and data-handling skills. A keen eye for detail and the ability to work confidently under pressure are essential.

What You Will Receive in Return

In addition to a competitive salary, the organisation offers a range of benefits including private medical cover, life assurance, enhanced pension, hybrid working, generous holiday entitlement with purchase options, and professional development support. You'll join a collaborative, values-driven environment that celebrates diversity, encourages career progression, and supports flexible working.

Next Steps.. Please email your CV to [e-mail]