Payroll And Reward Specialist

London, ENG, GB, United Kingdom

Job Description

This role is primarily responsible for 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 role holder will also work closely with the Group C&B team as well as the Finance team to ensure they have relevant data for processes and budgets. The candidate appointed to this role will be a key member of the HR team and contribute to the success of the team's key deliverables.



Some of the key areas of responsibility are as follows;







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 Working with SCOR Syndicate FD and the SCOR UK FD reporting payroll data for the audit requirements. 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. Manage relationship with broker and benefit providers (Health Insurance, Pension, etc.) to drive maximum value for SCOR. Drive UK Health & Wellbeing programme working with the UK CSR committee.



Compensation



Coordinate compensation benchmarking for UK and South Africa. Contribute to annual compensation process providing analysis and data points to HR BPs and the Group C&B team. Participate in various C&B surveys. 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.

Required experience & competencies



Experience:



Proven experience with managing data. HRIS experience is an advantage Previous Experience with ADP iHCM is highly desirable. Excellent MS skills; including Word, Excel, & Teams Proven experience of managing payrolls, benefits, benchmarking Relevant qualification is advantageous (CIPD or other relevant qualification) Good understanding of the UK regulatory environment around pension, payroll, and employee taxes

Personal Competencies:



Team player with strong interpersonal skills. Problem solver Strong organisation skills and attention to detail. Initiative to improve the way we work. Flexibility and adaptability. Good communications skills and comfortable dealing with people at all levels

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying "The Art & Science of Risk," SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.


Working at SCOR means engaging with some of the best minds in the industry - actuaries, data scientists, underwriters, risk modelers, engineers, and many others - as we work together to find solutions to pressing challenges facing societies.


As an international company, our common culture is defined by "The SCOR Way." Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.


SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.

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Job Detail

  • Job Id
    JD3129687
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    London, ENG, GB, United Kingdom
  • Education
    Not mentioned