Senior Reward Analyst

From day one, our mission has been to create an independent business with a unique culture – one that is controlled by the people who work for it. Finding the most talented and entrepreneurial people has always been key to our success. People come to Howden for lots of different reasons, but they stay for the same one: our culture. That’s what sets us apart, and why we nurture and retain the best talent in the market. Whatever your priorities – work/life balance, career progression, sustainability, volunteering - you’ll find like-minded people driving change at Howden.Here at Howden Group Holdings, we are transforming the way we deliver HR services to our business. This is an exciting time to join our evolving HR function as we look to drive commercially aligned and strategic HR support to our stakeholders.As part of the Reward team, you will contribute to a range of Reward projects across Howden Group. Reporting to the Reward Manager, you will support and collaborate with the whole HR team to ensure exceptional service is delivered to the business in all aspects of the employee life cycle. The primary focus of the role will be partnering with our European, APAC and International Growth Markets HR colleagues on key deliverables such as annual salary and bonus review and embedding our Group reward strategy. The jobholder will act as the first line of contact for Reward, responding to day-to-day queries.There is a permanent need for this role however an initial fixed term contract will also be considered.Key AccountabilitiesPartnering with key stakeholders to deliver annual salary and bonus reviews (including producing data analysis and insights to help drive consistent and fair pay decisions), and reward communications. Initially, there will be a focus on working with key stakeholders to understand their pay programmes readiness for using the Workday compensation module and supporting to develop a global process.Responsible for undertaking role benchmarking, using the Willis Towers Watson benchmarking surveys.Provide support with data production, analysis and modelling as required, including pay-mix analysis.You will act as a point of contact with the relevant business areas on all compensation related matters, including share programmes.Ability to work with both the HR and recruitment partners to embed new hire processes and reporting as necessary.Liaise closely with Payroll (as required) to provide clear instructions relating to reward payments or changes.Responsible for supporting other functions across the business as and when required. This will include supporting with a job architecture programme.Keep informed of all regulatory developments relevant to reward at all times.Knowledge, Skills & ExperiencePrevious Reward experience within an HR function (essential), including involvement in annual compensation reviews, ideally using Workday Advance Comp module or equivalent.Proven track record of working with multiple international locations, strong awareness of the differences in reward offerings and how to manage these within a global process (including EU, APAC and International regions)Ideal candidates will have prior experience working within the Financial services or Insurance sector.Experience of benchmarking and job evaluation, ideally using Willis Towers WatsonExperienced at working autonomously and managing own workload and timeframes for completing tasks.Strong Excel skills, including knowledge of V-Lookups, Pivot Tables, Filters etc.Excellent attention to detail with ability to produce accurate reporting and data analysis and insights.High level of confidentiality.Ability to build and maintain core business relationships with key stakeholders.Structured individual, who enjoys problem solving and can translate this into pragmatic business solutions.A
self-starter/self-motivated
individual who is able to proactively research issues using internal and external sources of expertise.Able to work to deadlines. Will be flexible when required and resilient to managing multiple workstreams.Good written and oral communication skills.Ability to work effectively within a team and contribute across Reward and Benefits to support the team’s priorities at busy times.Ideal candidates will have some experience of working with share programmes, and/or a desire to learn (desirable)Our Culture: People FirstWe’ve travelled far since opening our first office in 1994. Back then we were local experts – based in London, with direct access to the world’s biggest insurance market. We’re still locals, and we still deliver the right advice and the right insurance to our clients. But now, we’re local all over the world. With 15,000 global colleagues and a partner network spanning more than 100 territories, we are the largest independent insurance broker in the world. But our values haven’t changed since day one, when we set out to create a company grounded in:• An employee-ownership model • Aligned external investors• The trust and integrity born of friendship• Expertise• IndependenceOur focus on being a people-first business has always been at the very heart of Howden. Our vision was to create an independent business with a unique culture; one that would survive and thrive as a business controlled by the people working for it. Our employee ownership model sets us apart in the market. It’s created a culture of collaboration and innovation, where we’re driven to think bigger and empowered to challenge convention. Our flat structure and entrepreneurial spirit help us attract the best people and empower them to be the best version of themselves. And when we bring in and nurture great talent, more follows. That makes us better – and that’s better for everyone. Diversity & InclusionAt Howden we consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness and respect, regardless of their age, disability, race, religion or belief, gender, sexual orientation, marital status or family circumstances.Permanent
In November 1994, David Howden founded a business that was literally the smallest insurance broker in the world. It had no clients and no track record. But it did have five things:
Equity ownership – the people doing the business, owned the business
A minority external investor with a long-term outlook
A product specialty
3 friends (and a dog)
A commitment to building a business with independence enshrined in its fabric
Today, the business has a global footprint of more than 14,500 employees in 50 countries spanning Europe, the Middle East and Africa, Asia Pacific and the Americas. For the FY22 our Group’s organic growth was 19%, our revenue exceeds (USD) $2bn, and we handle $30bn in written premiums for clients.
Howden Group is an independent, global insurance group headquartered outside North America, comprising:
Want to see what kind of organisation Howden Group is? Click here
to learn about what makes us who we are.
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