Compensation Advisor - 12 month Fixed Term Contract

at  XL Catlin

SHARE YOUR TALENT

We’re looking for someone who has these abilities and skills:

• Bachelor’s degree in business or a related field or equivalent experience is required. The ideal candidate will have up to date, current and relevant Reward/Compensation knowledge and experience.
• Working knowledge of global compensation issues and trends preferred.
• Previous Financial Services experience and ideally some knowledge of the insurance sector is preferred but not required.
• Extensive modelling experience and analytics experience is required
• Advanced working knowledge of MS Outlook, PowerPoint, Word and Excel, and Cloud based storage platforms.
• Experience with Oracle Fusion HCM or similar cloud-based HCM product knowledge preferred.
• Able to communicate effectively and interact through interpersonal skills across all levels of the organisation, including Senior HR and Business Leaders.
• Under general guidance, the ability to work and lead initiatives as required, demonstrating effective project management skill. Ability to apply an organised and systematic approach to accomplishing project deliverables
• Robust analytical and numerical skills.
• Experience working within a globally matrixed organization is desirable.
• Excellent attention to detail.

• Act as a first point of contact for compensation queries: Advises HRBPs and the greater HR team on compensation matters including but not limited to policies, procedures, the company`s compensation philosophy, market pricing/position, internal equity, job evaluation, broadband structure, and other aspects of compensation to ensure AXA XL is able to effectively recruit and retain top talent.
• Advise on compensation package design for new hires and promotions, including bonus and long-term incentive plan components.
• Provides analytical support in the development of merit budgets through survey data collection and analysis.
• Evaluate and analyse salary data – both internal and external market data.
• Recommend compensation positioning within internal structure.
• Participate in approved salary surveys through the collection and reporting of data to third-party survey providers. Reviews salary survey results and provides recommendations on additions/deletions of benchmark jobs in use.
• Support with UK Gender Pay Gap calculations and statutory reporting.
• Partner with the International Mobility (IM) when necessary on aspects of compensation for internationally mobile employees while ensuring accurate benchmarks are used.
• Proactively suggest improvements and enhancements to current compensation programs, policies and processes for both immediate needs and long-term objectives.
• Play an integral part in the support and design of the compensation modules within the HRIS system (Oracle Fusion), including partnering with our external consultant and internal technology team to design and test enhancements to the current system and processes.
• Resolve day-to-day tactical compensation issues and conduct extensive ad-hoc analysis as needed.
• Present or Deliver training to internal HR and business stakeholders as and when required on compensation related topics
• Interact and manage external stakeholders such as benchmark survey vendors where needed, providing information in a timely manner