Pay & Reward Consultant - Executive

Company:  Direct Line Insurance Group plc
Location: London
Closing Date: 27/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Pay & Reward Consultant - Executive

Full Time, Permanent Position

London - Hybrid

We've been helping people carry on with their lives since the 80s, giving them the peace of mind they need to focus on the future. And after 40 years of innovation, we're still leading the way. Our vision is a world where insurance is personal, inclusive and a force for good. We are hiring an Executive Compensation Consultant to join our Reward Team on a full-time permanent basis.

What you will be doing:

You will provide specialist technical expertise, advice and detailed analysis within the Reward team, HR, and the wider business. This role is an integral part of the delivery of the reward policies, arrangements, and operational delivery across our Executive population. Reporting into the Executive Compensation Manager, you will provide technical input, high quality accurate data analysis and research to support the maintenance, development and implementation of our Reward strategy, policies, and practices, with a particular focus on the Remuneration Committee cycle, Directors' Remuneration Report, annual variable pay outcome process and share plan events during the year.

You will:

  • Proactively support the Remuneration Committee cycle, including drafting papers, running analysis, and co-ordinating with stakeholders.
  • Support with the Directors' Remuneration Report including drafting and collation of figures, working with key internal and external stakeholders.
  • Provide expertise and advice to support the delivery of the executive reward proposition in line with the needs of the business, market and regulatory governance requirements.
  • Support share plan activities including share award calculations, production of employee communication material and preparation of share related matters for approval by the Remuneration Committee.
  • Support with end-to-end people processes, including modelling recruitment and promotion packages, drafting documentation, buyout management, and input to Remuneration Committee papers.
  • Undertake analysis, modelling and testing to support annual Executive Reward processes.
  • Support all BAU Executive reward activity including benchmarking and managing market data providers.
What we are looking for:
  • Previous experience of providing reward technical expertise in the executive reward space.
  • Experience of providing outstanding stakeholder support.
  • Excellent interpersonal and communication skills.
  • Strong analytical, numerical, and problem-solving skills.
  • High level of technical competence in total reward practices and up-to-date knowledge of current reward issues.
  • Professionalism in managing sensitive and high-profile issues.
  • Curiosity, critical thinking, and ability to deal with ambiguity.
What we'll give you in return:

We wouldn't be where we are today without our people and the wide variety of perspectives and life experiences they bring. That's why we offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and office-working, varying with the nature of your role.

Core benefits include:
  • 9% employer contributed pension.
  • Up to 10% discretionary bonus, dependent on personal and company performance.
  • 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover.
  • Life Assurance.
  • Income Protection.
  • Additional optional Health and Dental insurance.
  • Generous holidays, 25 days (excluding bank holidays). Plus, the option of buying or selling up to 5 days each year!
  • EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
  • Buy as you earn share scheme.
  • Employee discounts and cashback.
  • Plus, many more.
Ways of Working

Our hybrid model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. When you'll be in the office depends on your role, but most colleagues are in 2 days a week, and we'll consider the flexible working options that work best for you.

Being yourself

Difference makes us who we are. We believe everyone should feel comfortable to bring their whole selves to work - that's why we champion diverse voices, build workplaces that work for people, and invest in the things that matter.

Discover more at

Let's see where your ideas take us.

Apply Now
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Direct Line Insurance Group plc
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