Wesleyan
Bonus Scheme Analyst
Get notified of more jobs like this · No spam, ever
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Bonus Scheme Analyst
Salary: Up to £46,000 based on skills and experience
Contract Type: Permanent
Location: Hybrid working (office based in Birmingham) – typically 2 days in the office per week
Shape Brighter Futures with Wesleyan
Established in 1841, Wesleyan helps trusted professionals—GPs, hospital doctors, dentists, and teachers—secure their financial future. Today, we’re proud to continue that mission with passion and purpose. If you’re looking for a role where your expertise makes a real impact, and you want to work in a culture that values collaboration, innovation, and integrity, we’d love to hear from you.
Find out more about who we are: About Wesleyan
Make a Difference
The role will deliver reward reporting, insight, modelling and benchmarking to support bonus strategy, ensure remuneration arrangements remain commercially effective and compliant, and contribute to the development of broader reward initiatives across the company. With regular interaction across the company with HR and senior stakeholders to design and manage variable pay schemes.
Your Impact
Here’s how you’ll make a difference:
- Take ownership of the design, governance and delivery of reward and incentive programmes, ensuring consistency and compliance.
- Administer bonus calculations, ensuring payments are processed accurately and queries are resolved efficiently.
- Produce financial models to assess proposed reward initiatives, measuring potential financial, commercial and employee impacts to support planning decisions.
- Take a lead in reviewing and enhancing variable pay schemes to ensure that they continue to drive desired behaviours and support business priorities.
- Assist in the planning and execution of annual remuneration activities, including salary reviews, benchmarking, bonus processes and related reward initiatives.
- Support reward governance and compliance requirements through remuneration reporting, pay equity analysis and regulatory oversight
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
What You’ll Bring
- Strong commercial and customer focus and ability to see the end customer impact of all decisions and actions.
- Proactive approach and ability to plan, anticipating the impact of upcoming change.
- Strong analytical and data interpretation skills with advanced Excel capability.
- Experience of financial modelling, forecasting and scenario analysis.
- Understanding of the business objectives and plans with the ability to interpret these in line with the key requirements of the role.
- Strong presentation skills and ability to explain complex matters in a simple manner.
- Understanding of budgets and cost management.
- Ability to establish long-term solid partnerships and relationships demonstrating teamwork and collaboration across the Society.
- Experience of reward benchmarking and market analysis.
- Understanding of reward governance and remuneration risk management within Financial Services.
- Strong stakeholder management and influencing skills, including experience presenting to senior leaders and governance forums.
Benefits That Work for You
We believe rewards should reflect the life you live. Here’s what you can expect:
- Annual bonus to recognise your contribution.
- 28 days holiday (plus a culture day!) – rising to 30 days with service.
- Flexible hybrid working for better work-life balance.
- Company pension scheme – matched plus 2% (up to 10%).
- Free secure underground Birmingham city centre parking (subject to availability, weekend use included).
- Salary sacrifice schemes that help you provide the things that matter – to include PMI, Electric Vehicle Leasing and cashback on everyday essentials.
- Enhanced family leave and two volunteering days to give back to causes you care about.
Get help with your application
Your very own career expert that helps elevate your application to the next level.
Discover the full range of benefits: Wesleyan Careers Rewards
Why Wesleyan?
We’re building a culture where everyone belongs. Diversity isn’t just a policy—it’s part of who we are. Whatever your background, we want you to feel valued and empowered to thrive. We’re proud supporters of the ABI Making Flexible Work campaign, which means we’re open to discussing flexible working, job shares, and part-time options.
If you need reasonable adjustments during the recruitment process, just let us know—we’re here to support you.
What to Know Before Applying
Right to Work: We’re unable to provide VISA sponsorship, so you’ll need the legal right to live and work in the UK.
Advert Closing: We typically advertise for two weeks but may close early if we receive a high volume of applications—apply early to avoid disappointment.
Ready to Shape Your Future?
Apply today and join us in creating brighter financial futures—for our customers, our members, and you.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London