Rewards Manager
Description
About ANV
ANV is a global specialty insurance platform operating across the United States, United Kingdom, and Europe. Backed by AmTrust Financial Services and Blackstone Credit & Insurance, we bring together a portfolio of established MGAs and specialist underwriting businesses delivering innovative insurance solutions across multiple markets.
As a rapidly growing platform, ANV combines the strength of established insurance businesses with the opportunity and energy of a scaling organization. We are committed to underwriting excellence, entrepreneurial thinking, and empowering our people to make a meaningful impact as we continue to build the next generation of specialty insurance businesses.
Position Overview
The Reward Manager is responsible for the delivery of reward across ANV’s UK and European businesses, with a broad remit covering compensation, benefits, pensions and reward governance.
Working in partnership with the VP Compensation and wider HR team, the role leads key reward activities across multiple businesses, legal entities and jurisdictions. This includes responsibility for the annual compensation review, benefits renewal and enrolment, benchmarking, job evaluation, salary structures and variable pay.
The role provides reward expertise to HR, Finance and business stakeholders, manages key external partner and provider relationships, and ensures reward activities appropriately reflect differing market, regulatory and legislative requirements across the UK and Europe.
The position combines contribution to the development of ANV’s reward approach with direct responsibility for its practical delivery.
Essential Job Functions
- Leads reward delivery across the UK and European businesses, ensuring the effective application of Group reward strategy, frameworks and principles across relevant entities and jurisdictions.
- Provides expert advice and guidance on compensation, benefits, pensions and broader reward matters to HR and business stakeholders.
- Ensures Group reward principles are appropriately applied to reflect local business, market, regulatory and legislative requirements.
- Owns the delivery of the annual compensation review across the UK and European businesses, including planning, modelling, communications, system readiness, governance and reporting.
- Owns salary benchmarking, salary structures and job evaluation activity, ensuring decisions are informed by appropriate internal and external market data.
- Manages the design, review, implementation and governance of variable compensation arrangements, ensuring plans are aligned with business requirements and applicable regulatory obligations.
- Owns the delivery of annual benefits renewals and enrolment across the relevant UK and European jurisdictions.
- Manages relationships with brokers, benefit providers and other external partners, ensuring arrangements are appropriately managed, competitive and compliant.
- Oversees pension arrangements within the role's remit, ensuring ongoing appropriateness and compliance and managing required changes.
- Ensures reward arrangements comply with relevant regulatory and legislative requirements across the UK and European jurisdictions in which ANV operates.
- Ensures delivery of applicable reward-related reporting and regulatory requirements, including gender pay reporting and EU Pay Transparency.
- Maintains appropriate reward policies, processes, documentation and governance frameworks, ensuring these remain current and fit for purpose.
- Supports the development and implementation of ANV's reward approach across the UK and Europe, identifying and delivering improvements to reward programmes and processes.
- Leads reward projects arising from organisational, business or regulatory change, ensuring effective implementation across relevant entities and jurisdictions.
- Ensures appropriate reward communications, guidance and tools are maintained, enabling consistent understanding and application of reward programmes.
- Maintains appropriate reward data and market intelligence to support compensation, benefits and broader reward decisions.
- Ensures the accuracy and integrity of reward data and processes, working with HR Operations and Finance where responsibilities are shared.
- Ensures reward systems and functionality are effectively utilised, including the continued development and application of Workday reward functionality.
Qualifications, Experience, Competence Qualifications
- Tertiary education with a degree in a relevant discipline and/or a professional qualification in HR – desirable.
Experience
- Experienced reward professional with broad compensation and benefits expertise, ideally gained within insurance, financial services or another complex regulated organisation.
- Experience working across multiple businesses, legal entities and/or jurisdictions. Experience covering both the UK and continental Europe is desirable.
- Demonstrable experience leading significant annual reward activities, including compensation or pay review and benefits renewal or enrolment.
- Experience of variable pay plan design or review, ensuring plans meet business requirements and relevant regulatory or legal obligations, including the preparation or maintenance of associated plan documentation.
- Strong working experience of formal job evaluation frameworks, benchmarking principles and salary structures.
- Experience of Willis Towers Watson job evaluation frameworks, including global grading and job matching, is desirable.
- Experience of the Workday Advanced Compensation module would be advantageous.
Functional/Technical Competencies
- Highly numerate, with strong analytical skills and the ability to interpret data and translate it into practical recommendations.
- Excellent attention to detail.
- Strong communication and interpersonal skills, with the ability to influence and engage HR, Finance, senior business stakeholders and external partners.
- Good written communication skills; able to draft clear, accurate documentation and communication materials.
- Advanced proficiency in Excel is essential and good PowerPoint skills would be advantageous.
- Knowledge of relevant legislative and regulatory requirements and their impact on reward design, delivery and governance.
Core Behavioural & Professional Competencies (Employees)
Results Driven: Displays energy, determination and a sense of urgency to get the job done; understands the importance of meeting deadlines to achieve objectives; takes responsibility for organising own workload to ensure goals are met; identifies barriers or issues that might impact adversely on getting the job done and is proactive and innovative in resolving problems and finding solutions; strives for excellence.
Adaptable & Open to Change: Demonstrates a willingness to adapt and change according to circumstances; is able to comfortably handle ambiguity and changes in priorities; identifies the requirement to demonstrate flexibility for the wider benefit of the department and the business; supports change and the drive to continuously improve.
Relationship Management & Customer Focus: Builds and maintains strong internal and external customer and other relationships as relevant to role; is able to effectively understand and support customer needs while balancing business needs; takes responsibility for meeting agreed service levels and other commitments.; strives to deliver excellence and innovates to deliver solutions; ensures that all our customers are treated fairly and receive good outcomes in accordance with our regulatory requirements.