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