Senior Reward Specialist - Executive Remuneration
Senior Reward Specialist - Executive Remuneration
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Job Description
Were recruiting for aSenior Reward Specialist Executive Remuneration to join us. In this role you will provide support on all aspects of executive remuneration design and oversight of share plans and regulatory reward compliance through involvement in planning for the annual Group Remuneration Committee and executive pay review cycles ensuring the preparation of highquality papers in a timely manner. You will prepare materials to support the review of remuneration for the General Management Committee (GMC) and other senior leaders as appropriate.
You will play a key role in ensuring compliance with all relevant remuneration rules and regulations including the maintenance of records of Identified Staff/ Code Staff across the Group and ensuring that remuneration policies and structures comply with regulations.
What youll be doing:
Support the Head of Executive Remuneration in research and analysis on executive remuneration policies and practice and the preparation of papers for the Group Remuneration Committee
Planning for annual meeting cycle for the Group Remuneration Committee including building and maintaining a timetable of activities required throughout the year and dates for meetings with key stakeholders ahead of Committee meetings
Planning and administration of the annual executive remuneration pay review cycle including the development and maintenance of templates and tools for benchmarking bonus calculation and reporting to the Group Remuneration Committee
Maintenance of records for roles subject to relevant remuneration rules and regulations in particular Solvency II Identified Staff and FCA Code Staff working closely with the Personal Responsibility Office (PRO) to ensure that records reman accurate and up to date
Monitoring of variable remuneration arrangements for employees subject to remuneration rules and monitoring annual variable remuneration awards for compliance with the necessary pay out principles
Support the Head of Executive Remuneration in the design and oversight of share plans liaising with Group Legal and the share plan administration team to ensure that share plan rules and award documentation remain up to date
Qualifications :
Who were looking for:
- Knowledge of executive remuneration including the operation of annual bonus and longterm incentive plans
- Knowledge of external factors influencing executive remuneration and of the reporting requirements for FTSE 100 listed companies desirable
- Experience of writing high quality papers for presentation at Executive and Board level
- Highly numerate adept at analysing information/insights
- Proficient in Microsoft Office in particular Excel Word and PowerPoint
- Ability to work with colleagues at all levels up to and including Board Directors
Whatever your role we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual performancerelated bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Private medical insurance (permanent employees only)
- At least 25 days holiday plus public holidays 26 days after 2 years service. Theres also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme which offers employees the option to hire a brandnew electric car through tax efficient salary sacrifice (permanent employees only)
- There are the many discounts we offer both for our own products and at a range of high street stores and online
- In 2023 some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Additional Information :
At L&G we believe its possible to generate positive returns today while helping to build a better future for all.
If you join us youll be part of a welcoming inclusive culture with opportunities to collaborate with people of diverse backgrounds views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including parttime termtime and job shares. Although some roles have limited flexibility due to customer demand we accommodate requests when we can.
It doesnt matter if you dont meet every single criterion in this advert. Instead think about what you excel at and what else you can bring in terms of strengths potential and connection to our purpose.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
