Senior Reward Consultant

Posted 8 Days Ago
Be an Early Applicant
London, Greater London, England, GBR
In-Office
Senior level
Financial Services
The Role
The Senior Reward Consultant will manage operational and strategic reward activities, including global compensation cycles, salary reviews, bonuses, long-term incentives, job evaluation, benchmarking, pensions, benefits, reward governance, regulatory disclosures, communications, and HR system configuration. The role also supports HR data analytics, forecasting, board and committee reporting, and strategic HR projects while partnering with business leaders and HR teams.
Summary Generated by Built In

Role: Senior Reward Consultant


Location: London

Contract Type: Permanent

Work Pattern: Full Time and Hybrid (Part Time may be considered)



In this role you will work within the MS Amlin HR function, reporting into the Head of Reward and Recognition. You will partner closely with our business services team, business leaders and HR colleagues.


Delivery in this role will be both operational and strategic, across a diverse and evolving reward, HR and governance agenda. You will drive an agenda of simplification, consider trends, new technologies, the competitive landscape, best practices and commercial impact to inform proposals.



 

About The Job

 

 

While there is rarely a typical day, here’s a snapshot of some of the key parts of the job:


  • Delivering annual compensation timetables across global locations to include salary review, bonus, deferred bonus and share based long term incentives
  • Job Evaluation and HR benchmarking including survey submission
  • Acting as an SME regarding pension and benefits strategy and best practice
  • Committee / Board paper planning & preparation in respect of Compensation matters
  • Reward communication
  • Reward regulation including SM &CR regime, and regulatory disclosures
  • Configuration of HR Systems to support reward processes
  • Developing our HR Data Analytics suite including HR management information and forecasting
  • Taking part in key strategic HR wide projects

  

You’re going to enjoy this job if you also: 


  • Test assumptions, listen and are curious to understand
  • Have delivery focus with attention to detail, a flexible mindset, drive, resilience and are able to self-manage
  • Maintain high levels of integrity and professionalism  
  • Are collaborative, break down silos, share knowledge, assume positive intent and take accountability
  • Are able to work across functions and business units in a complex business structure

   

What you’ll need:


For this particular role there are some important qualifications and experience we need you to have. These include: ·       


  • Extensive experience of managing operational Reward and Reward Governance, within Financial Services including managing the year end cycle  
  • Experience of delivering through others, ensuring a positive presence and impact     
  • Strong skills in influencing, building relationships and communicating at all levels     
  • Experience of Job Evaluation and Compensation benchmarking       
  • Knowledge of Workday would be advantageous  

 

 We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!

What Can You Expect From Us?


As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin


Hybrid Working


At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.


About MS Amlin


MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.

#LI-MSAUL


 


 


Skills Required

  • Extensive experience managing operational reward and reward governance within financial services, including year-end compensation cycles
  • Experience delivering through others and creating a positive presence and impact
  • Strong influencing, relationship-building, and communication skills at all levels
  • Experience with job evaluation and compensation benchmarking
  • Knowledge of Workday

Millennium Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Millennium and has not been reviewed or approved by Millennium.

  • Career-Linked Recognition & Rewards — Compensation is tightly linked to individual and team performance, enabling very high upside for strong performers in investment and specialized tech roles. The pod-based model concentrates rewards where results are delivered.
  • Healthcare Strength — Medical, dental, vision, life, and disability coverage are presented as part of a comprehensive package that is competitive for the sector. Overall perks and health-related offerings are often characterized as strong.
  • Retirement Support — Retirement programs include a 401(k) with matching and elements like profit sharing or defined-contribution pensions. These features signal meaningful long-term savings support alongside cash compensation.

Millennium Insights

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The Company
HQ: New York, NY
3,759 Employees
Year Founded: 1989

What We Do

Millennium is a global alternative investment management firm, founded in 1989, which manages $54.9 billion in assets. We seek to pursue a diverse array of investment strategies across industry sectors, asset classes, and geographies. Our four primary strategies are RV Fundamental Equity, Equities Arbitrage, Fixed Income Strategies, and Quantitative Strategies. Millennium was founded on the belief that innovation and results come from empowering talented, independent-minded individuals. To us, success is the combination of drive and discipline. See our community guidelines at: mlp.com/guidelines

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