Reward Manager

5w1 month ago

Convex Insurance

London, GB · Full-time · £85,000 – £115,000

About this role

This is an exciting opportunity to really make an impact and contribute to an innovative People agenda for Convex. You will play an active role in helping Convex continue to be seen as employer of choice. Reporting into the Head of Reward, you will take ownership of some of the critical Reward processes.

You will contribute to the design, development and implementation of our broader Reward strategy as the business continues to evolve, grow and mature. Moreover, you will assume responsibility for the People analytics agenda on behalf of the team. Technology, data and analytics are at the heart of Convex’s value proposition.

As our Reward Manager, you will thrive in a progressive, fast paced and agile working environment and will embody the Convex values. A collaborative and down-to-earth working style is important as you will work hand in hand with all other members of the People team. You will share skills and experience across Convex with other stakeholders.

Leading the compensation cycle and owning benchmarking initiatives will be key day-to-day activities. You will develop robust relationships with Finance and manage bonus accrual processes. This role offers the chance to evolve graduate pay programmes and ensure regulatory compliance.

Requirements

Several years of experience within a Reward or Compensation role within an international corporate environment
Experience with HR technology applications such as Oracle
Demonstrable ability of using tools to present data, insights, dashboards, where experience with MS Excel and Power BI would be valued
Practical knowledge of Solvency II or comparable remuneration regulations
Outcome driven, conveying a sense of urgency and driving issues to closure despite obstacles or opposition
Well-rounded communicator, both written and verbally

Responsibilities

Leading the compensation cycle in close collaboration with the Head of Reward
Taking ownership for benchmarking initiatives, working with a third party to establish and manage the process
Developing robust relationships with Finance; managing the bonus accrual process and providing relevant People data for annual business planning
Owning and facilitating the annual gender pay reporting requirements and submission, as well as running internal annual pay equity review
Taking ownership of the design and evolution of our graduate and school leaver pay programme
Ensuring Compliance with Solvency II remuneration regulation and administering annual communications process
Supporting the Head of Reward with development and ongoing administration of current and future LTI plans
Creating a suite of reports from Oracle to support annual and monthly business planning activities