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indeed

Reward Analyst

AEGON
Edinburgh, GBR
Full-time
Onsite
£36,400–£54,600,
Discovered 1 weeks ago
Reward programmesAdvanced Microsoft ExcelPower QueryComplex-dataset analysisSalary benchmarkingJob evaluation

Full Job Posting

Role overview

Permanent Reward Analyst role in Aegon’s People Reward team, supporting reward programmes that help attract, retain and motivate employees.

Works with the Reward Manager and wider People team, collaborating with People, Finance and the wider business.

The role combines analysis with support for commercially effective, compliant reward solutions.

Reward programme delivery

  • Support annual salary reviews, bonus processes, share awards and benefits administration.
  • Produce analysis, management information and modelling to support reward and business decisions.
  • Conduct salary benchmarking and market analysis, and recommend actions based on internal and external data.
  • Complete job evaluations and support organisational design activities.

Reporting and improvement

  • Compile remuneration data for salary surveys, regulatory reporting, Gender Pay Gap reporting, other statutory requirements and internal requests.
  • Support reward and people projects through analysis, forecasting and implementation.
  • Identify process improvements, enhance controls and drive continuous improvement across reward activities.

Skills and experience

  • Advanced Microsoft Excel skills, including Power Query, and experience working with large or complex datasets.
  • Strong analytical and numerical capabilities, attention to detail and experience producing stakeholder reporting, insights and recommendations.
  • Experience in a data-, reporting- or analytics-focused role.
  • Clear communication of complex information, strong organisation and ability to manage multiple priorities and deadlines.
  • Collaborative approach and confidence building relationships across People and the wider business.
  • Reward experience or a CIPD/business qualification is advantageous but not essential.

Location and working arrangement

  • Edinburgh location with a hybrid model requiring colleagues to work in the office at least 40% of their time.

Salary

  • Advertised salary range is £36,400–£54,600, depending on experience. The posting does not specify a pay cadence.

Benefits

  • Enhanced pension scheme: employee contribution of 3% with employer contribution of 9%; higher contributions may be matched up to 7% employee and 13% employer.
  • Discretionary bonus based on personal and company performance.
  • 34 days of annual leave including bank holidays, pro-rated for part-time employees.
  • Other listed benefits include private medical cover, life assurance, critical illness cover, enhanced parental leave, retail discounts, cycle-to-work, subsidised restaurant and online GP appointments.

Application information

  • The advertised closing date is 28 October 2026.

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