Job Title
Compensation Associate
Location: London (Hybrid – 2-3 days in the office)
About AXIS Capital
Join AXIS Capital, a leading provider of specialty insurance and reinsurance. Known for outstanding client service, intelligent risk-taking, and a strong ethical culture, AXIS is committed to creating an inclusive environment where employees feel empowered to bring their whole selves to work.
About the Team
The Compensation Team ensures fair and market-aligned pay structures to attract and retain top talent. The team drives a performance-oriented culture through well-designed compensation programs.
About the Role
As a Compensation Associate, you’ll support compensation program development and ensure equitable pay practices. You’ll work closely with HR, management, and global teams, contributing to key compensation initiatives while gaining exposure to various aspects of the compensation function.
Key Responsibilities
- Collaborate with HR and management to address compensation-related queries.
- Participate in salary surveys to ensure competitive benchmarks.
- Assess compensation structures and align them with market trends.
- Assist in incentive program development.
- Analyse salary data to support compensation decisions.
- Ensure compliance with regulatory requirements and reporting.
- Provide process improvement recommendations.
- Support training for HR and managers on compensation practices.
- Maintain data quality across Compensation systems.
About You
We’re looking for someone with:
- Basic understanding of equity-based compensation.
- Knowledge of job architecture concepts (e.g., job codes, job families).
- Experience in annual compensation planning.
- Ability to create and edit job descriptions.
- Proficiency in Workday and compensation software (e.g., MarketPay, Comp Analyst).
- Strong data analysis skills using Excel (pivot tables, IF functions).
- Effective communication skills and confidentiality management.
What We Offer
- Competitive benefits package: medical plans, health and wellness programs, retirement plans, tuition reimbursement, paid leave, and more.
Role Requirements
- Location: London (Hybrid working, 2-3 days in the office).
Our Culture
At AXIS, we are committed to diversity, equity, and inclusion. We welcome applications from all backgrounds and ensure equal opportunities for everyone. Accommodations are available for candidates during the selection process.
