Steamship Mutual

Compensation and Benefits Manager

Steamship Mutual

full-time

Posted on:

Location Type: Hybrid

Location: London • United Kingdom

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About the role

  • **Key Responsibilities:**
  • **Payroll**
  • - Lead and administer monthly UK and international payrolls, ensuring accuracy, timeliness, and full compliance.
  • - Ensure adherence to all statutory, tax, and regulatory obligations across UK and international jurisdictions.
  • - Manage vendor performance for outsourced payroll services, setting clear SLAs and monitoring deliverables.
  • - Oversee payroll governance, including monthly reconciliations, statutory reporting, internal controls, and payroll audits.
  • - Main point of contact for queries relating to payroll or tax codes queries.
  • - Manage payroll adjustments such as back pay, severance, off cycle runs, deductions and benefits contributions
  • - Identify process inefficiencies and implement workflow improvements to enhance accuracy and reduce risk, including HRIS integration
  • - Assist with annual pay reviews, including data management and input.
  • - Collaborate with Finance, HR, brokers, and payroll providers.
  • **Benefits**
  • - Manage the lifecycle of employee benefits programmes, including renewals, plan design, communications, vendor negotiation, and governance.
  • - Administer the full range of employee benefits, including healthcare, risk benefits, pensions, wellbeing initiatives, salary sacrifice schemes, and the Benefits Hub platform.
  • - Oversee benefits policies, SharePoint content, and HR systems to ensure accuracy and compliance. Monitor benefit usage, performance, and cost-effectiveness, providing insights and recommendations.
  • - Coordinate the annual benefits review to understand benefits offered, take-up, cost to serve and ROI
  • - Support annual insurance renewals. Liaise and negotiate with brokers, and ensure benefits communications and policies remain accurate, engaging, and compliant.
  • - Develop strong relationships with external suppliers and brokers, ensuring efficient and effective service delivery.
  • - Manage and track all benefit related invoices and reconciliations within areas of responsibility.
  • - Improve communication and awareness of benefits offered on a consistent basis across the business. Communicating any announcements and changes to benefits. i.e., Intranet, documentation for recruitment, newsletters, training.
  • **Compensation and Reporting**
  • - Support the annual pay and bonus review processes, budget planning, and reward analytics.
  • - Produce accurate monthly HR metrics, establishment numbers, turnover data, and equal pay analysis, and UK Gender Pay Gap reporting.
  • - Conduct external salary benchmarking and market analysis.
  • - Preparing all the relevant spreadsheets and pay review letters.
  • **People Leadership**
  • - Manage and develop the Payroll Administrator, ensuring high standards, strong performance, and continuous growth.

Requirements

  • **Essential:**
  • - Extensive UK payroll experience and exposure to international payrolls (any experience in any of the following jurisdictions would be desirable HK, Japan Singapore, Bermuda, Cyprus, Greece, and Brazil).
  • - Highly numerate, detail-focused with an exceptional analytical accuracy
  • - Strong benefits administration expertise including medical, risk benefits, pensions, and wellbeing initiatives.
  • - Advanced Excel and HR reporting experience - Comfortable with pivot tables, chart production, data analysis, and reporting
  • - Ability to manage vendors, influence stakeholders, and uphold high standards of governance.
  • - High level of professional integrity and discretion
  • - Ability to work independently and manage competing priorities.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
UK payrollinternational payrollbenefits administrationExcelHR reportingdata analysispayroll governancepayroll auditssalary benchmarkingequal pay analysis
Soft Skills
analytical accuracyattention to detailvendor managementstakeholder influenceprofessional integritydiscretionindependenceprioritizationcommunicationrelationship management