Reward Analyst

Posted 5 Days Ago
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Manchester, Greater Manchester, England, GBR
Hybrid
Mid level
Fintech • Professional Services • Real Estate • Financial Services
The Role
Manage core reward cycles, produce and reconcile reward data, build and maintain reward models and analytics, support bonus accruals, LTI and benefits programmes, ensure governance and audit readiness, liaise with third-party providers, and advise HR, Finance and leadership on reward strategy including M&A and change projects.
Summary Generated by Built In
The Reward Team forms part of the Central HR function. This role is part of the team responsible for the delivery of a competitive, commercially aligned reward offering across the UK & Centre, as well as supporting all international platforms. This involves managing key reward processes, working with third parties, and supporting strategic initiatives, including M&A and change projects.


About the role
  • Own and deliver core reward cycles, including quarterly bonus accruals, annual benefits enrolment, and regular reward reporting activities. 
  •  Produce, validate, reconcile, and maintain reward data, ensuring accuracy, consistency, and audit readiness. 
  •  Develop and maintain reward models, calculations, and analytical tools to support bonus schemes, accruals, and reward decision-making. 
  •  Provide insightful reward analytics and reporting to HR, Finance, and business leaders to support strategic and operational decisions. 
  •  Maintain robust governance, controls, and documentation across all reward processes, ensuring compliance and data integrity. 
  •  Leverage HR systems, including Anaplan, to support reward modelling, reporting, and process optimisation. 
  •  Utilise market benchmarking and external reward data to inform compensation, benefits, and reward recommendations. 
  •  Lead the annual benefits enrolment process and drive continuous improvements to the employee benefits experience. 
  •  Manage and optimise benefits and pension programmes, delivering data-driven recommendations to enhance value and effectiveness. 
  •  Oversee relationships with third-party reward, benefits, and pension providers, ensuring high-quality and cost-effective service delivery. 
  •  Own the production, reporting, and integrity of bonus accruals, Long-Term Incentive (LTI) programmes, and Total Reward Statements. 
  •  Act as a trusted reward subject matter expert, supporting policy development, organisational change, M&A activity, and reward integration initiatives.

About you
  • Strong experience in a reward or compensation role with a clear analytical focus 
  • Proven track record of managing cyclical reward processes (e.g. bonus cycles, salary/benefits reviews, reporting) 
  • Advanced Excel skills, with experience building and maintaining complex models, reconciliations, and large datasets. Anaplan experience desirable. 
  • Strong knowledge of job evaluation and grading frameworks (WTW, AON McLagan)
  • Exceptional attention to detail, with the ability to work with sensitive data accurately and consistently 
  • Strong understanding of data governance, controls, and audit requirements within reward processes 
  • Experience with incentive schemes, including bonus accruals and/or long-term incentives 
  • Good knowledge of reward regulation and market practice 
  • Ability to translate data into clear, commercially relevant insight 
  • Confident stakeholder engagement, including with senior leadership 


About
Great talent comes in many forms, and we’re committed to building a diverse and inclusive team. Whilst a number of our roles do require specific qualifications and experience, and industry knowledge, we also value potential, unique perspectives, and transferable skills. If you’re excited about this opportunity but don’t meet every requirement, we’d still love to hear from you.  We occasionally collaborate with recruitment agencies to fill niche or specialist roles. However, we do not accept agency terms or pay fees for speculative CVs submitted directly to our hiring managers or outside our Applicant Tracking System. If you are a recruitment agency interested in partnering with us for candidate supply, please reach out to [email protected]

Skills Required

  • Strong experience in a reward or compensation role with analytical focus
  • Proven track record of managing cyclical reward processes (bonus cycles, salary/benefits reviews, reporting)
  • Advanced Excel skills, building and maintaining complex models, reconciliations, and large datasets
  • Anaplan experience
  • Strong knowledge of job evaluation and grading frameworks (WTW, AON McLagan)
  • Exceptional attention to detail and ability to work with sensitive data accurately
  • Strong understanding of data governance, controls, and audit requirements
  • Experience with incentive schemes, including bonus accruals and/or long-term incentives
  • Good knowledge of reward regulation and market practice
  • Ability to translate data into clear, commercially relevant insight
  • Confident stakeholder engagement, including with senior leadership
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The Company
0 Employees
Year Founded: 2005

What We Do

Arrow Global is a leading European vertically integrated alternative asset manager specializing in private credit and real estate. Founded in 2005, it acquires and manages loan and real estate portfolios, delivering risk-adjusted returns for global investors.

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