Senior Reward Analyst

Title: Senior Reward Analyst
Lloyd’s Register

Location: This role could be based in London or Southampton (UK), Athens (Greece), India or home-based if feasible

Are you passionate about designing and managing competitive reward programs? Do you have a knack for analyzing compensation data to drive strategic decisions? If so, we have an exciting opportunity for you to join our dynamic team!

As a Senior Reward Analyst, you will play a crucial role in developing and implementing reward strategies that attract, retain, and motivate top talent. You'll collaborate with key stakeholders to ensure our compensation and benefits packages are aligned with industry standards and support our organizational goals. Your insights will be instrumental in shaping our reward policies and practices, ensuring fairness, competitiveness, and compliance.

Do not wait! Just apply, and become a part of Lloyd’s Register!

What we’re looking for 

You will be the subject matter expert for our compensation programs, providing data, insight, and analysis.  Working with our global People team colleagues, you will work to improve the efficiency of our processes and ensure that from implementation to communication and delivery of our reward programs, we bring value to our people.  You will work closely with external stakeholders to ensure we have a competitive and cost-effective offering in each of our locations globally.

What we offer you 

• The opportunity to work for an organization that has a strong sense of purpose, is values-driven, and helps colleagues to develop professionally and personally through our range of people development programs
• Hybrid work schedules with an appreciation for work-life balance
• Culture that develops its colleagues and promotes from within and many other additional benefits
• Annual incentive opportunity
• Opportunity for 15% matched pension in the UK
• 25 days holiday + public holidays in the UK and the ability to buy or sell holidays in some countries
   

The role 

• Source and analyze market data from third-party vendors to support annual salary review and role benchmarking
• Review salary scales globally ensuring that they are aligned to the market
• Evaluate colleagues’ position in salary ranges
• Develop and maintain a database of global allowances, ensuring they are reviewed regularly against market and cost projections provided
• Keep the job architecture database up to date and evaluate roles using job evaluation methodology when required
• Manage the annual salary review and bonus review process including oversight of the budget and working across the People team to ensure the process is completed
• Support reward program implementation, change management, and measurement of program success
• Support results by providing data to support key operational metrics, identifying process improvement opportunities, and delivering on strategic initiatives
• Maintain the annual calendar of events and reward team capacity planner

What you bring 
 

• The ability to apply knowledge in quantitative analysis, data collection, and the presentation of data for it to be able to inform, influence, support, and aid decision-making
• Build and maintain reports, dashboards, and metrics and monitor the integrity and validity of the data reported
• A curiosity for data and the interdependencies of people data and business metrics
• Organisational and project management skills to effectively manage priorities and timelines
• Attention to detail and the ability to handle and analyze large, complex datasets from multiple sources
• Technical skills with HRIS systems (preferably SuccessFactors) and Microsoft Office Suite (especially Excel)
   

What will be beneficial

• Prior compensation, data management, and project management experience
• Experience in managing multiple priorities/tasks
• Working in a global organisation
• Knowledge of model building, use of advanced formulas and arrays, pivot tables, data manipulation, VBA, etc.

 About us 

We are a leading international technical professional service provider and a leader in classification, compliance, and consultancy services to the marine and offshore industry, a trusted advisor to our customers helping to design, construct, and operate their assets to the highest levels of safety and performance. We are shaping the industry’s future through the development of novel and innovative technology for the next generation of assets while continuing to deliver solutions for our customers every day.

Lloyd’s Register is wholly owned by the Lloyd’s Register Foundation, a politically and financially independent global charity that aims to engineer a safer world through promoting safety and education. For a thriving ocean economy, Lloyd’s Register colleagues and Lloyd’s Register Foundation work together to fund research, foster industry collaboration, and develop action-oriented solutions to make the world a safer place. 

Want to apply 

We hire people with a wide variety of skills, experience, and backgrounds. This includes people with disability, women, people identifying as LGBTIQIA+, culturally and linguistically diverse people, carers, and other varied groups. 

We are committed to making all stages of our recruitment process accessible to all candidates. Please let us know if you need any assistance or reasonable adjustments throughout your application and we will do everything we possibly can to support you. 

If you don't tick every box in these ads, please don't rule yourself out. We focus on hiring people who share our goal of working together for a safer, sustainable, thriving ocean economy. 

 We care, we share, we do the right thing.  

If the above matches your field of interest and your qualifications, please apply online as soon as possible- by the latest 31.07.2024.

We conduct ongoing interviews and close the position once the right person has been found.

All inquiries are treated confidentially.

Please note: We do amend or withdraw our job and reserve the right to do so at any time including prior to the advertised closing date.

 If you have further questions about this role, please contact us at careers@lr.org and we will respond to you as soon as possible.