Reward & Data Analyst
Permanent
London/Hybrid working
£70,000- £80,000 + Bonus
Network HR have partnered exclusively with a small, boutique Insurance firm for the hire of an experienced Reward & Data Analyst on a permanent basis. Reporting into the Reward, Benefits & Wellbeing Lead the HR Reward & Data Analyst will provide a full and confidential Analyst support service to the delivery of the Group's reward strategy, including administration of short-and long-term incentives, market surveys and benefits. The role will also focus on the production of regular MI reporting and analysis for the HR function and the wider business, and development of the HR Information System. Other responsibilities will include:
Reward, Data and Reporting
- Support the planning and delivery of the Group's annual Total Compensation Review process.
- Administer the Group's participation in market salary surveys.
- Provide analytical support to the HR function through delivery of benchmarking data and job evaluation for ongoing HR processes, such as recruitment and promotions.
- Assist in the administration of short- and long-term incentive plans, including share plans.
- Run monthly/quarterly MI reports and provide relevant and timely executive reporting and
analysis as required.
- Respond to information requests from internal and external stakeholders through clear and
concise analysis of reward data. Assist in cyclical reporting activities such as Gender Pay Gap
reporting.
- Manage dashboards and key reporting data held in the HR Information System, such as
headcount resource management.
- Assist in configuration and development of the HR Information System - managing user
experience, templates, workflows.
- Ensure the HR Information System holds clean and accurate data through ongoing checks and
reconciliation of entries by HR team.
Compensation and Benefits
- Responsible for the preparation and reconciliation of payroll costing files.
- Liaise with Finance to ensure that the salary control accounts are reconciled on a monthly basis.
- Assist in the monthly delivery of the Group's global benefit administration, including payments to pension providers and other third-party providers, and resolve any issues and queries.
- To maintain strong working relationships with internal departments, external pay and benefit providers and other third-party providers and ensure Service Level Agreements are consistently met.
- To ensure all monthly Financial Controls (FCF) are prepared, completed, and approved in line with the deadlines agreed with Finance.
- To ensure the Working Procedures Manuals are maintained and kept up to date.
- To respond in a professional and timely manner to the HR team and staff queries.
What will you need to be successful:
- Proven experience working as an HR Reward/Data Analyst.
- Ability to work to tight deadlines, adapt to changing requirements and work within a team.
- Must have advanced technology skills and be highly numerate and skilled at data analysis and manipulation
- Experience of compensation and incentive plans, including annual compensation reviews.
- Experience of benchmarking and salary surveys is key.
- Experience in configuring and developing HR Information Systems.
- Must have ability to work to strict deadlines with an excellent level of attention to detail.
- Must have excellent inter-personal and communication skills.
If you would like to learn more then please share an updated cv with or apply via the link.