Senior Reward Analyst

Overview

London / Hybrid

Following a period of significant M&A and a sharper focus on performance, this organisation is embarking on a global transformation of its incentive landscape. This role will play a pivotal part in simplifying and strengthening bonus and variable pay structures across the business.

The Opportunity

Working closely with the Head of Equity & Reward, you will lead a global project to map, assess and consolidate all cash bonus and sales incentive schemes across multiple jurisdictions.

This is a high-impact role with real visibility — shaping future incentive design, improving governance, and driving consistency across a complex, regulated environment.

Key Responsibilities

• Lead the global mapping and documentation of all bonus and variable pay schemes
• Build a centralised inventory of scheme mechanics, governance and participation
• Analyse incentive structures, costings, and performance linkages
• Identify inconsistencies, risks, and opportunities for simplification
• Ensure alignment with FCA and broader regulatory requirements (e.g. conduct, deferral, clawback)
• Partner with senior HR, Finance and business leaders globally
• Deliver clear insights, reporting and recommendations to senior stakeholders

What We’re Looking For

• Strong experience in Reward / Compensation, ideally within Financial Services or Insurance
• Proven expertise in sales incentives and variable pay structures
• Experience operating in FCA-regulated environments
• Strong analytical capability across incentive mechanics and financial inputs
• Confident engaging senior stakeholders and navigating complexity

Why This Role?

• High visibility, transformation-focused project
• Opportunity to shape global incentive strategy
• Work directly with senior leadership and influence future design
• Ideal for a Reward professional who enjoys project-based, problem-solving work

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