Oakleaf Partnership
Compensation & Benefits Manager - Financial Services
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Reward and Benefits Manager Opportunity
A brand new Reward and Benefits Manager opportunity is available with a rapidly growing, specialist insurance provider who has won several awards for culture, people experience, and employee support.
About the Role
We're seeking an experienced Reward & Benefits Manager to join our small, highly technical Reward team. Reporting to the Head of Reward, you'll have significant ownership of our global reward and benefits strategy—managing day-to-day delivery while shaping its evolution as the business continues to expand rapidly.
You'll collaborate closely with HR, senior leaders, and external partners to strengthen performance-reward links, ensure competitive and fair structures, and deliver meaningful analytics and insights.
Key Responsibilities
- Manage the full delivery of our global reward and benefits strategy, driving continuous improvement and global consistency where appropriate.
- Oversee ongoing management of employee benefits (UK and international), including provider/broker relationships, renewals, cost-efficiency, and enhancements to support wellbeing.
- Lead the end-to-end annual compensation review process (salary, bonus), including moderation, fairness checks, and smooth execution via our systems.
- Partner with HR and leadership to develop reward frameworks, guidelines, and structures that align performance with outcomes.
- Provide expert guidance to recruiters, HRBPs, and business leaders on reward structures, internal/external benchmarking, and job grading decisions.
- Handle salary survey submissions, external market data usage, and formal job grading (using established methodologies like Aon McLagan/WTW).
- Produce proactive reward analytics, reports, insights, and Remuneration Committee materials.
- Manage day-to-day and technical reward/benefits queries, bonus/salary review reporting, and compliance with regulatory requirements.
- Support benefits evolution to remain competitive, cost-effective, and employee-focused across locations.
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Skills & Experience Required
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- Strong verbal, written, and presentation skills; able to communicate clearly with stakeholders at all levels.
- High attention to detail and accuracy, especially with sensitive/complex reward data.
- Excellent analytical/numerical skills and confidence using data/insights for decision-making.
- Well-organised with the ability to prioritise, deliver at pace, and meet tight deadlines under pressure.
- Advanced Excel proficiency and strong IT literacy.
- Experience collaborating across HR, finance, leadership, and external partners; building relationships and influencing without hierarchy.
- Comfortable managing/developing a small team with clear direction and support.
- Proven experience in reward/benefits roles within financial services/insurance (global exposure advantageous).
- Knowledge of UK/international compensation practices, benchmarking, job grading, and regulatory compliance.
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