The posting
Job Description
Overview:
The Remuneration & Benefits Advisor work closely with the Manager, Remuneration & Benefits (UK), People Partners, Payroll, Finance and the broader People & Group Services teams to ensure reward activities are accurate, compliant, efficient and aligned with business and people priorities.
You will play a key role in supporting the design, delivery and governance of our reward and benefits programmes across the UK and Ireland, with responsibility for the administration, analysis, reporting and continuous improvement of remuneration and benefits processes. You’ll ensure alignment with local regulatory requirements, market competitiveness and global frameworks so that our employees have a strong, positive experience.
The role is based on a hybrid basis from our central Leeds office, so you’ll need to be within a commutable distance to ensure you can be in the office each week.
You’ll get the chance to follow your chosen career path anywhere in MUFG Pension & Market Services, joining a network of experienced, innovative and dedicated individuals across multiple teams and countries. There are numerous opportunities to learn new skills and develop in your career with the support you need to succeed.
Benefits: 26 days annual leave, plus a wellbeing day and a volunteer day, bank holidays and the opportunity to buy up to 5 days’ extra each year
Parental leave and Gender Transition leave
Health, wellbeing and lifestyle rewards and discounts that can be tailored to support you and your family. Everything from: Discounts on retail and socialising; Travel and technology; cycle2work scheme; A host of gym and fitness subscriptions Appreciate programme: Employee recognition for colleagues demonstrating our values
Company Pension Scheme, Company funded Life Assurance and Private Medical Insurance Employee Assistance Programme Talent Referral Programme
Learning & Development – Development opportunities at your fingertips via self-paced learning and access to LinkedIn Learning
What you need:
As with any role, we want to find the right person and we want to make sure you know it’s the right role for you too. You will need:
• Strong, demonstrable experience in remuneration, benefits and incentive design across the UK and Ireland, including experience with AON job evaluation
• Exceptional verbal and written communication skills with the ability to build and maintain trusted relationships with a variety of internal and external stakeholders, including senior leaders
• Experience managing medical and life insurance programmes, including broker management and renewals
• Demonstrated ability to lead multi-market reward initiatives or projects
• Excellent analytical capability, including modelling, pay benchmarking and data interpretation
• An ability to work effectively as part of a cross-functional team, with the confidence and credibility to influence key stakeholders
• Experience in a global or matrixed organisation is preferred
Day to Day, you will:
• Support the end-to-end delivery of the UK and Ireland performance management cycle, including goal setting and mid-year/year-end reviews
• Assist in the annual remuneration review process, including system preparation, data validation, analytics and reporting
• Work alongside the HR Systems team to ensure appropriate configuration of remuneration and performance modules, for example: pay ranges, workflows and timelines
• Prepare remuneration insights, modelling and analysis to support decision-making by HR and business leaders
• Support the consistency of job architecture, including job code alignment, salary structure application and internal equity checks, in addition to supporting Gender Pay gap reporting and analysis
• Administer end-to-end employee benefits programmes for the UK and Ireland, ensuring accurate eligibility, enrolment, employee communication and population management
• Undertake system testing, including the Benefits Hub platform, to confirm process flow, functionality, content accuracy and alignment to HR requirements
• Support the Annual Benefits Enrolment window, reviewing the employee benefits guides and providing support to employees during the process
• Oversee the benefit provider and vendor invoicing and maintenance of all benefit records, ensuring accurate record keeping, in addition to conducting periodic benefits reconciliation and supporting annual renewals
• Work closely with MPMS stakeholders to be recognised as a key member of the Remuneration & Benefits team, actively exhibiting a high performing culture and MPMS values across the business
• Ensure reward records and processes support audit requirements and global governance standards
• Manage the Remuneration & Benefits Service Desk and shared mailbox, ensuring timely and accurate responses to employee and HR queries
• Prepare and submit the required regulatory and vendor reporting, for example census data for employer liability insurance, as well as providing high-quality reporting and insights for dashboards and leadership updates
• Support continuous improvement through utilisation analysis, trend identification and enhancement recommendations
• Ensure compliance with all UK statutory, regulatory and tax obligations
The above list of key accountabilities is not an exhaustive list and may change from time-to-time based on business needs.
About Us
MUFG Pension & Market Services is a global, digitally enabled business that empowers a brighter future by connecting millions of people with their assets – safely, securely and responsibly.
Through our two businesses MUFG Retirement Solutions and MUFG Corporate Markets, we partner with a diversified portfolio of global clients to provide robust, efficient and scalable services, purpose-built solutions and modern technology platforms that deliver world class outcomes and experiences.
A member of MUFG, a global financial group, we help manage regulatory complexity, improve data management and connect people with their assets, through exceptional user experience that leverages the expertise of our people combined with scalable technology, digital connectivity and data insights.
Our People function is dedicated to fostering positive outcomes for our team, clients, and communities. We develop strategic initiatives to make MUFG Pension & Market Services a place where people can belong, thrive, and succeed together. Our services cover engagement and wellbeing, recruitment, HR operations, payroll, health & safety, remuneration and benefits, HR systems and reporting, and business partnering.
We promote an inclusive culture where differences are valued, and we support flexible working. Diversity drives innovation, which in turn drives growth.
Join MUFG Pension & Market Services and help us achieve our full potential. We treat everyone fairly and equitably, regardless of diverse characteristics. Candidates must have the relevant work rights. Successful applicants must complete background screening before employment.
