Base pay range
Job Title: Reward Analyst
Location: London (hybrid)
Sector: Insurance
This is a 9–12 month fixed-term contract, with the potential to transition into a permanent position. Candidates should be available to start immediately or have a short notice period.
Position Overview
Catalyst Partners are delighted to be partnering with a leading insurance firm who are seeking a highly analytical Reward Analyst to join their brilliant team. This is a fantastic opportunity for a motivated individual to expand their expertise in Reward within a global, fast-paced environment. If you\'ve spent 1–2 years in a broad Reward position and are eager to elevate your career, this role offers hands-on experience with cyclical Reward processes as well as involvement in strategic international projects.
Key Responsibilities
- Serve as a key point of contact for employee and stakeholder inquiries related to compensation and benefits, offering expert advice and guidance.
- Contribute to the annual reward cycle, including salary benchmarking, compensation review, and management of company-wide share incentive plans.
- Take ownership of preparing, analysing, and validating data for the annual pay review process, ensuring consistency with internal frameworks and budgetary limits.
- Carry out in-depth Gender and Ethnicity Pay Gap reporting, delivering insights that inform equitable pay practices and diversity strategies.
- Maintain accurate and up-to-date records, process documentation, and detailed reports using advanced Excel functions such as VLOOKUP and PivotTables.
- Collaborate on the creation and implementation of flexible benefits offerings, ensuring alignment with employee needs and business goals.
- Draft clear and engaging communication materials to support benefit and wellbeing initiatives.
- Deliver regular and ad-hoc reporting and insights to support decision-making across the People function.
- Contribute to positioning the Reward function as a trusted advisor and subject matter expert within the organisation.
Desired Experience
- Solid grounding in a generalist Reward or Compensation & Benefits role.
- Confident working with large datasets and conducting data modelling and analysis.
- Skilled in managing time effectively while maintaining high standards of accuracy.
- Comfortable working in a dynamic, evolving environment with shifting priorities.
- Passionate about precision and committed to delivering quality outcomes.
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