AddressTo deliver the Group Reward proposition and support the commercial business goals. Jointly accountable for the Group Remuneration Committee paper production, as well as delivery of Executive Remuneration requirements.
Provide expertise on all reward matters across Admiral Group plc and contribute to the overall employment proposition. Partner with the entities and countries to support them with Reward initiatives and ensure a test/ learn/ scale approach within the Group. Develop Group tools and methods to implement in all entities and countries, and work in partnership with UK Reward.
Apply subject matter expertise to ensure full compliance with relevant legislation, including Solvency II. Build relationship with Group Risk and Compliance team to anticipate issues, respond to queries from regulators, raise understanding of Reward policies and provide information on how new processes may affect Reward topics.
The remit encompasses Total Reward, Executive Remuneration, Pay, Bonuses, Incentives, Benefits, Flexible Benefits, Share Schemes, Pensions, Performance Management.
Key Responsiblilites:
- Develop, recommend, implement and manage the short, medium and long term strategies for reward; provide strategic and tactical advice and business counsel to the Group Head of Reward and senior leadership team.
- Manage the Reward Analyst(s) and develop the wider team, ensuring that capability is aligned to meet the needs of the business and key initiatives.
- Maintain controls and structures to assess and minimise risks that could adversely affect the achievement of strategic objectives or be damaging to corporate goals or image, and ensure the area operates effectively in adherence to the internal policies and the regulations and guidelines of relevant external authorities.
- Embed a high-performing culture based on values and behaviours; ensuring that strategies and processes deliver the capability needed to meet objectives.
- Provide advice, guidance and recommendations on the impact of the business direction on reward practice areas; managing change and investigating and implementing new approaches to support the direction of the Group.
- Pro-actively develop and maintain networks internally and externally including PS, reward, employee representatives, regulatory bodies and supplier networks.
- Work with Group Head of Reward to optimise the people costs within Admiral Group.
Skills/ Knowledge Required:
- Regulatory Framework Requirements: Understanding of regulatory requirements and relevant expectations to ensure that business and financial affairs are managed with diligence and integrity.
- Market knowledge: Understanding of the wider business, economic and market environment in which the Group operates to anticipate future market trends.
- Business strategy and planning: Understanding of Admiral’s business strategy and model and translate vision into priorities within reward.
- Technical HR expertise eg Executive Remuneration, Total Reward.
- Proven success of working and influencing at Board level.
- Strong experience of consulting at a senior management level.
- CIPD and evidence of continuing professional development.
- Relevant technical and professional qualification e.g. MA, MBA, MSC.
Additional Information
- We will review your CV within 5 working days of application and get back to you.
- We will give you everything you need to work comfortably from home.
Please note - we may close this vacancy early if we receive lots of applications or business priorities change.
Our Commitment to You
At Admiral, we are committed to being a diverse and inclusive workplace. Admiral is proud to be an equal opportunities employer and does not discriminate on the basis of race, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), national origin, gender, gender identity, sexual orientation, disability, age, or any other legally protected status.
All qualified applicants will receive equal consideration for employment.
Salary, Benefits, and Work-Life Balance
We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.
At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we’re consistently voted one of the Sunday Times Best Big Companies to work for in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.
All colleagues will receive 33 days holiday (including banks holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including banks holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.
You can also view some of our other key benefits here.
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