Reward Analyst (6-Month) - Drive Pay & Bonus Decisions

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

Benefits offered by this job

25 days holiday pro rata

Wellbeing services

Fixed term benefits allowance

Employee assistance program

Job summary

Bupa is hiring a data-driven Reward Analyst on a 6-month fixed term to support the annual pay and bonus review cycle across Salford Quays, Leeds, London and Staines. The role is full-time (37.5 hours) with hybrid working requiring two in-office days per week.

You will analyse data, build models in Excel, assist with pay ranges and surveys, and provide insights to HR, Finance and business leaders. Prior reward/analyst experience and familiarity with Power BI/Workday are advantageous.

Qualifications

• Proven 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.

Responsibilities

• Leading 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.

Skills

Analyst experience

Numerical skills

Advanced Excel

Reward/compensation

Data storytelling

Attention to detail

Stakeholder management

Salary benchmarking

PowerPoint

Power BI/workday/Korn Ferry

Tools

Power BI

Workday

Willis Towers Watson

Korn Ferry

Job description

Bupa is hiring a data-driven Reward Analyst on a 6-month fixed term to support the annual pay and bonus review cycle across Salford Quays, Leeds, London and Staines. The role is full-time (37.5 hours) with hybrid working requiring two in-office days per week.

You will analyse data, build models in Excel, assist with pay ranges and surveys, and provide insights to HR, Finance and business leaders. Prior reward/analyst experience and familiarity with Power BI/Workday are advantageous.