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Payroll and Reward Specialist

SCOR
Contract
On-site
London, United Kingdom
Payroll Analyst Jobs
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.

 



Responsibilities


 

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.
     


Qualifications

 

 

 

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