Compensation & Benefits Manager - Financial Services

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A brand new Reward and Benefits Manager opportunity is available with a rapidly growing, specialist insurance provider who is has won several awards for culture, people experience, and employee support.
Below, you will find a complete breakdown of everything required of potential candidates, as well as how to apply Good luck.
We're seeking an experienced Reward & Benefits Manager to join our small, highly technical Reward team.
Reporting to the Head of Reward, you'll have significant ownership of our global reward and benefits strategy-managing day-to-day delivery while shaping its evolution as the business continues to expand rapidly.
You'll collaborate closely with HR, senior leaders, and external partners to strengthen performance-reward links, ensure competitive and fair structures, and deliver meaningful analytics and insights.
Key Responsibilities Manage the full delivery of our global reward and benefits strategy, driving continuous improvement and global consistency where appropriate.
Oversee ongoing management of employee benefits (UK and international), including provider/broker relationships, renewals, cost-efficiency, and enhancements to support wellbeing.
Lead the end-to-end annual compensation review process (salary, bonus), including moderation, fairness checks, and smooth execution via our systems.
Partner with HR and leadership to develop reward frameworks, guidelines, and structures that align performance with outcomes.
Provide expert guidance to recruiters, HRBPs, and business leaders on reward structures, internal/external benchmarking, and job grading decisions.
Handle salary survey submissions, external market data usage, and formal job grading (using established methodologies like Aon McLagan/WTW).
Produce proactive reward analytics, reports, insights, and Remuneration Committee materials.
Manage day-to-day and technical reward/benefits queries, bonus/salary review reporting, and compliance with regulatory requirements.
Support benefits evolution to remain competitive, cost-effective, and employee-focused across locations.
Skills & Experience Required Strong verbal, written, and presentation skills; able to communicate clearly with stakeholders at all levels.
High attention to detail and accuracy, especially with sensitive/complex reward data.
Excellent analytical/numerical skills and confidence using data/insights for decision-making.
Well-organised with the ability to prioritise, deliver at pace, and meet tight deadlines under pressure.
Advanced Excel proficiency and strong IT literacy.
Experience collaborating across HR, finance, leadership, and external partners; building relationships and influencing without hierarchy.
Comfortable managing/developing a small team with clear direction and support.
Proven experience in reward/benefits roles within financial services/insurance (global exposure advantageous). xehkeey
Knowledge of UK/international compensation practices, benchmarking, job grading, and regulatory compliance.
Apply
Location:
London
Job Type:
FullTime
Category:
Human Resources And Personnel

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