Payroll and Reward Specialist

Wise May are looking for a proactive, data driven Payroll and Benefits specialist to join a leading International Reinsurer. Working in the HR team you will be responsible for assisting with the management of the payroll and reward processes for the UK, including monthly and ad-hoc payroll, annual salary and bonus processes, financial audits and reporting.

This is a full time, rolling contract with hybrid working (3 days in the office and 2 days remote).

Payroll and Reward Specialist duties and responsibilities:

Payroll

• Prepare monthly payroll instructions for outsourced payroll provider for UK entities.
• Review payroll reports and ensure correct and timely payments.
• Respond to payroll and benefits related employee queries.
• Gather data and prepare ad hoc HR reports as required.
• Coordinate with other payroll team for a small number of non-UK employees as necessary.
• Work with external tax advisors to answer employee tax questions related to international mobility, shares, payroll, etc.
• Liaise with Finance team to provide all information needed for their processes including, but not limited to: payroll journals, payroll-related queries, and data for financial audits.
• Prepare and validate data required for various HMRC filings.
• Working with the tax lead on UK tax compliance for P11D, Reporting Director’s tax payroll and short term visitor reporting.
• Monitor changes to UK tax rules and impact on payroll.

Reward

• Manage administration of benefits programmes working for continuous efficiency improvement.
• Continuously review and analyse employee benefits to ensure competitiveness and relevance.
• Drive UK Health & Wellbeing programme working with the UK CSR committee.

Compensation

• Coordinate compensation benchmarking.
• Contribute to annual compensation process providing analysis and data points.
• Work closely with Group Compensation & Benefits team on relevant items.

Reporting

• Gender Pay Gap Reporting analysis, preparation of the report, and publication.
• Contribute to DEI, Employee Experience and Engagement action items.
• Other duties as required which may include other HR disciplines.

Payroll and Reward Specialist Key Skills and Experience:

• Proven experience with managing data.
• HRIS experience is an advantage
• Previous Experience with ADP is highly desirable.
• Excellent MS skills; including Word, Excel, & Teams
• Proven experience of managing payrolls, benefits and benchmarking
• Relevant qualification is advantageous (CIPD or other relevant qualification)
• Good understanding of the UK regulatory environment around pension, payroll, and employee taxes
• Team player with strong interpersonal skills.
• Problem solver
• Strong organisation skills and attention to detail.
• Flexibility and adaptability.
• Good communications skills and comfortable dealing with people at all levels