Compensation Benefits Specialist in London Area

Job description

Meraki Talent are partnering with a leading Brokerage house, looking for an experienced Compensation & Benefits Specialist to join their HR team. You will be responsible for providing full advise to employees, explaining in detail any changes in relations to payroll, tax, salary, pensions and other benefit changes.

Compensation & Rewards responsibilities:

• Manage seven monthly payrolls internationally across different business entities, with changes in regulations and budgets.
• Understand and explain tax codes, changes, and statutory payments such as maternity/paternity pay.
• Handle P11Ds, PSA calculations, NIC on benefits, and HMRC submissions.
• Overseeing benefits, pension scheme enrolment, contributions, and salary sacrifice arrangements.
• Manage renewals for life assurance, critical illness cover, PMI, travel insurance, and income protection.
• Prepare and track departmental salary and operating budgets.
• Work alongside wider HR teams, such as Global Mobility for monthly headcount report for cost centre.
• Monitor actuals against forecasts, ensure correct cost allocations, and produce monthly headcount reports.
• Complete annual compensation, benefits surveys and contribute to benchmarking for the UK & Europe.
• Provide clear, confident guidance to employees on payroll, benefits, and taxation matters.

Person Specification:

• 5+ years in payroll, tax, and benefits within a trading firm ideally or other financial services and professional company dependant.
• Experience dealing with multi-entity business, someone not within big payroll bureau, but someone within monthly payroll exposure.
• Strong understanding of UK tax laws and regulations.
• Experience with pensions, benefits schemes, and payroll systems ideally Moorepay if not ADP, or Sage.
• Exposure to budgeting and accounting processes.
• Exceptional attention to detail, accuracy, and analytical skills.
• Advanced Excel (including pivot tables).
• Strong organisational and time management abilities.
• Proactive, independent, and comfortable making decisions off their own knowledge.
• Committed to deadlines, especially during critical payroll periods.

For a private and confidential discussion please contact Yasmin Soames, available on yasmin.soames@merakitalent.com or please call me on 0204 5724853.

Extra information

Status

Open

Education Level

Secondary School

Location

London Area

Type of Contract

Part-time jobs

Published at

18-08-2025

Profession type

Accountancy

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English