Reward Partner

Key Responsibilities:

Compensation Strategy:

• Develop and implement a competitive compensation strategy aligned with the organisation's business goals and objectives.
• Conduct market analyses to ensure the organisation's salary structures remain competitive.

Benefits Administration:

• Oversee the design, administration, and communication of employee benefits programs along with any changes, to include pensions, life assurance, health care cash plans and wellness initiatives.
• Evaluate and recommend changes to benefits offerings based on market trends and employee needs.
• Supplier Relationships

Job Evaluation and Grading:

• Implement a job evaluation & grading process with support from HR team
• Ensure roles are appropriately graded and aligned with the organisation's compensation philosophy.
• Work with Talent Acquisition team to evaluate new positions as needed.

Compensation Planning:

• Manage the annual compensation planning process, including merit increases, and bonus programs.
• Provide guidance to HR and management on compensation-related matters.

Market Analysis and Benchmarking:

• Conduct regular benchmarking and market analysis to ensure the competitiveness of the organisation's compensation and benefits programs.
• Stay informed about industry trends and best practices.

Data Analysis and Metrics:

• Work with HR Team and HR Analytics to assess the effectiveness of compensation and benefits programs.
• Prepare and present reports on key metrics to senior leadership.

Required Skills/Experience:

• Strong understanding of compensation methodologies, market pricing, and benefits administration.
• Excellent analytical and quantitative skills.
• Knowledge of relevant employment laws and regulations.
• Exceptional communication and interpersonal skills.

Our Benefits:

• Hybrid working – 2 days in the office and 3 days working from home
• 25 days annual leave, rising to 27 days over 2 years’ service and 30 days after 5 years’ service. Plus bank holidays!
• Discretionary annual bonus
• Pension scheme – 5% employee, 6% employer
• Flexible working – we will always consider applications for those who require less than the advertised hours
• Flexi-time
• Healthcare Cash Plan – claim cashback on a variety of everyday healthcare costs
• 100’s of exclusive retailer discounts
• Professional wellbeing, health & fitness app - Wrkit
• Enhanced parental leave, including time off for IVF appointments
• Religious bank holidays – if you don’t celebrate Christmas and Easter, you can use these annual leave days on other occasions throughout the year.
• Life Assurance - 4 times your salary
• 25% Car Insurance Discount
• 20% Travel Insurance Discount
• Cycle to Work Scheme
• Employee Referral Scheme
• Community support day
• Christmas and Summer parties

Working at SBG

At Somerset Bridge Group we aim to build a sustainable and innovative business focused on underwriting, broking and claims handling of UK motor insurance, offering transparent products and an efficient and fair service to our policy holders.

We are very proud to have been awarded a Silver Accreditation from Investors in People! We recognise that all of our people contribute to our success. That's why we are always looking for talented people to join our team - people who share our vision, who are passionate about what they do, and who want to be part of something special. 

Equal Opportunity Employer

Somerset Bridge Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. We prohibit discrimination or harassment of any kind based on race, color, religion, national origin, sexual orientation, gender, gender identity or expression, age, pregnancy, physical or mental disability, genetic factors or other characteristics protected by law. SBG makes hiring decisions based solely on qualifications, skills and business requirements.