Senior Reward Strategy Manager – Pension and Benefits | S4 | Human Resources

Full Time

Job Description

Senior Reward Strategy Manager – Pension and Benefits | S4 | Human Resources

Country: United Kingdom

Interested in part-time, job-share or flexible working? We want to talk to you!

Join our community.

Do you have a passion for Pension and Benefits? Reporting to the Head of Performance & Reward, we have an opportunity for you to lead the design of our pension and benefits, ensuring this is aligned to the values, goals, and objectives of Santander UK business strategic workforce plans and our People Deal.

As the Pension and Benefits Lead, you’ll work closely with Senior Management, the HR leadership team and Strategic People Partners to develop the pension and benefits strategy in support of the business agenda, with handovers to the People Solutions pool to ensure fit-for-purpose solutions are delivered.  You’ll also work in partnership with colleagues within the Reward CoE, across the Talent and Culture CoEs and other HR teams.

This opportunity sits in our newly formed Performance & Reward Centre of Excellence (‘COE’), and will support the Strategic People Solutions team forming a community of practice to share technical expertise to ensure the total reward strategy is executed effectively with the business.

The difference you’ll make:

  • Supporting the Head of Performance and Reward COE on all elements of pension and benefits design as part of the total reward strategy in collaboration with senior management, within HR and across functions to support the strategic and culture objectives of the Bank

  • To determine the medium and long-term pension and benefits strategy for the full San UK population, taking into account the divisional and organisation wide strategic priorities

  • Developing the pension and benefits strategy, taking input from the Reward Business Partnering and Strategic People Partnering Teams with handovers for implementation to the People Solutions Team for delivery

  • Leading on all pension and benefits elements of our People Deal, critically monitoring and reviewing current policies and practices and proactively recommending new and innovative strategies

  • Working closely with People Interactions to develop the model for delivery of the pensions and benefits strategy via our external supplier platforms and providing technical expertise for urgent issues, critical cyclical compliance, and employee experience as well as continuous process and control improvement

  • Carrying out data research, listening, analysis and presentation of benchmarking data in relation to pension and benefits across the full San UK population and ensure that our total reward framework remains fit-for-purpose

What you’ll bring:

These are the essential requirements you need to be successful in this role:

  • Excellent numerical and analytical skills with technical pension and benefits expertise and related legislation practices

  • Ability to communicate efficiently, build and maintain great working relationships with senior stakeholders

  • Proven ability to systematically analyse information and cut through complexity to bring clear, relevant and intelligible recommendations

  • Ability to translate complex strategic business plans into actionable programmes

It would also be nice for you to have:

  • Undergraduate degree in Business or Human Resource Management - CIPD HR Level 5 – or equivalent  

  • Business and commercial awareness and making links to broader organisational strategy

  • Demonstrable time management skills and the ability to influence others to a desired outcome

  • Understanding of agile and related project management methodologies

What else you need to know:

This role is based in Milton Keynes.

We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop. To support this, we offer site-based contracts with a hybrid working pattern and our expected level of attendance in an office is at least 12 days per month (pro-rata for part-time roles).

If you apply for this role in this location, it’s important you consider your travelling distance, time and cost from your home to the office location. We’re happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.
 

If you’re interested in this role but with part time hours or a job-share we would still love to hear from you and discuss these.

Inclusion

At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed.  We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.

How we’ll reward you.

As well as a competitive salary, you’ll enjoy a benefits package that you can tailor to your needs.

  • Eligible for a discretionary performance-related annual bonus.

  • We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.

  • 30 days’ holiday plus bank holidays, which increases to 31 days after 5yrs service, with the option to purchase up to 5 contractual days per year.

  • £6,000 car allowance per year.

  • Company funded individual private medical insurance.

  • Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, and health assessments.

  • Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.

  • Share in Santander’s success by saving or investing in our share plans.

  • As a Santander UK employee, you are able to request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services.

Learn more about our benefits and family friendly policies

What to do next:-

If this sounds like a role you’re interested in, then please apply.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through telephone, email, or face to face. You can contact us at [email protected] or call 0870 414 9080.