Are you a Reward expert who has worked extensively in the Financial Services sector? And are you now ready to utilise your extensive knowledge in this field, working across all aspects of Reward, in a new, exciting position, for a global asset management company? If so, we’d love you to consider joining our People function, here at Aviva Investors (AI), in a Reward Manager position.
Working alongside our Head of AI Reward and AI Reward Analyst, you will support, and where appropriate lead, the design and delivery of the reward aspects of our People Strategy, as well as take a lead role on key reward activities such as, but not limited to:
Annual reward review
Benchmarking
FTE Incentive pool planning
Buyout/hire package approval
Deferral/LTIP administration
Performance scorecard admin
Production and input into remuneration Papers
We are keen to secure the talents of a professional who has a strong understanding of reward practices, within multifaceted, competitive landscapes, matched with a knowledge of pay regulations, & relevant compliance processes, with a Financial Services setting - ideally gained from an Asset or Investment Management business.
Aviva introduced “smart-working†in 2020 and therefore remote working is currently on offer – however the chosen post-holder will need to be based a commutable distance from either our London, Norwich, York or Bristol offices, with travel required into our head office in London several times a month.
Responsibilities
Lead on, and ensure the successful delivery of, the annual pay annual reward review process, as well as complete data research, analysis and presentation of benchmarking data in relation to salary and benefits
Analysis of key competitors to help advise our AI Reward Strategy, in line with our overall Aviva Investors and Aviva Strategies
Working with our Reward Analyst to guide the wider People Function on subjects such as: Reward benchmarking, buy-outs and hire package approval etc.
Lead on Deferral and LTIP plan administration; including improvements in the offerings, reconciliations of holdings and relationship management with Group Co-Sec and plan administrators
Ensure that AI understands and meets regulatory requirements and developments – this will include working closely with Risk/Compliance and external parties, as the need arises
Assist with the production of Remuneration papers
Ensure that reward practices are consistent with the Aviva reward strategy and aligned with the Group Remuneration Standard and legal/regulatory requirements
Build positive relationships across all AI and Aviva functions, as well as develop these too with key external suppliers, including McLagan, Deloitte, etc.
Skills and Experience
Current, or prior experience within a Reward Manager or similar level role, in an Asset / Investment Management or wider Financial Services business
Strong experience of job evaluation and benchmarking methodologies
Strong technical knowledge of: pay, benefits and compensation issues and related legislation and practice
Ability to handle conflicting priorities and resolve complex reward issues.
Wide range of relevant HR experience including extensive salary review management, bonus design, project management and benefits design.
Relationship management skills as well as experience of working as a ‘partner’ to the business, showcasing strong collaboration and influencing skills
Excellent numerical/analytical and IT skills, with advanced Excel knowledge. Exposure to using Workday would be beneficial too
Global exposure would be advantageous
Educated to degree level or a similar level of qualification
What will you get for this role?
Competitive salary (depending on skills, location, experience and qualifications)
Generous defined contribution pension scheme
Annual performance related bonus and pay review
Holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days
Up to 40% discount for some Aviva products through “My Aviva Extras†plus discounts for Friends and Family. (Some exclusions apply)
Excellent range of flexible benefits to include a matching share save scheme
Working at Aviva
At Aviva, we’re people with a purpose. To be with you today, for a better tomorrow.
We bring this to life by ensuring managing risk is at the heart of the way we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take ownership, and who make good decisions.
The way we do this is important too, we’re all about our people – that’s you – so we can be pretty flexible. If you want to work from home some of the time or change your hours so you can pick up your kids or care for someone in your family, we’re very open to that. In fact, we don’t advertise roles as either part or full time, because we know each person has different needs, just as each business area has different needs. So, it’s up to you to discuss working hours during your interview.
We care deeply about being inclusive and that means we encourage applications from people with diverse backgrounds and experiences. We want our employees to bring their whole self to work and that starts with you.
We interview every disabled applicant* that meets the minimum criteria for the job. Once you’ve applied, please send us a separate email stating that you have a disclosed disability and we’ll make sure we interview you.
We’d love it if you could submit your application online. If you require an alternative method of applying, please give Daisy Holmes a call on 07436 672007 or send an email to daisy.holmes@aviva.com.
*As defined in The Equality Act 2010*. By ‘minimum criteria’ we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.
Job ID: 65225
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