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indeed

Reward Analyst

Bupa
London, GBR
Full-time
Onsite
£40,300–£45,000,
Discovered 2 days ago
Reward analysisCompensation and pay reviewBonus calculations and accrualsAdvanced ExcelData modellingData analysis and interpretation

Full Job Posting

Role overview

Six-month fixed-term Reward Analyst role supporting the annual pay and bonus review cycle, with implementation planned for March and April 2027.

Works with Reward, Finance, HR and business stakeholders to provide analysis, modelling and reporting for reward decisions.

Responsibilities

  • Lead and support annual pay review and bonus activities.
  • Produce reward analysis, modelling and reporting; manage bonus calculations, accruals and submissions.
  • Maintain pay ranges using market benchmarking data and contribute to salary surveys, job matching and market analysis.
  • Assist with gender and ethnicity pay gap reporting and reward governance; provide insights to business stakeholders.
  • Improve reward processes, reporting and data quality; support job evaluation and grading.

What we're looking for

  • Proven analyst experience, strong numerical, analytical and problem-solving skills, and advanced Excel capability.
  • Experience supporting reward, compensation, pay review or bonus activities.
  • Ability to communicate useful data insights to stakeholders, with attention to detail when handling sensitive data.
  • Salary benchmarking, pay ranges, salary surveys or pay gap reporting experience is advantageous.
  • PowerPoint familiarity is requested; Power BI, Workday, Willis Towers Watson or Korn Ferry knowledge is beneficial.

Ideal background

  • Relevant backgrounds include Reward Analyst, Compensation Analyst, Remuneration Analyst, HR Analytics, People Analytics or Finance Analyst.

Salary and benefits

  • Salary circa £40,300–£45,000, plus a fixed-term benefit allowance.
  • Benefits include 25 days' holiday pro rata, wellbeing services, employee assistance and other listed benefits.

Hours and term

  • Full-time, 37.5 hours per week.
  • Six-month fixed-term role.

Work locations and working arrangement

  • Locations listed include Salford Quays, Kirkstall Forge in Leeds, London and Staines.
  • Hybrid and flexible working options are available, with two days per week required in the office.

About Bupa

Bupa describes itself as a health insurer and provider focused on helping people live longer, healthier and happier lives.

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