Reward & Performance Management Manager - 6 month FTC

Join AXA as a Reward Manager within our UK People Programmes team and play a vital role in shaping our reward and performance management strategies amidst exciting business transformation initiatives. In this project-driven position, you’ll design and recommend innovative approaches to job evaluation, grading, pay benchmarking, pay range development, and incentive structures, ensuring they align with our evolving business needs.

Collaborating closely with the UK People team, Reward team, and key business stakeholders, you’ll help deploy current reward frameworks in new areas of transformation and develop forward-thinking performance management practices. Your expertise will be instrumental in evaluating new job descriptions for accuracy and industry alignment, developing competitive pay ranges, and designing incentive programs that motivate employees to achieve key objectives. Additionally, you'll provide guidance and support to HR and management teams on reward-related matters, helping AXA attract, motivate, and retain top talent during this dynamic period of growth and change.

At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) towards the end of 2025. Away from home means either attendance at one of our office locations, visiting clients or attending industry events.

We’re also happy to consider flexible working arrangements, which you can discuss with Talent Acquisition.

What you’ll be doing:

• Collaborate with the AXA UK People team, UK Reward team and business stakeholders to make recommendations on how AXA UK’s current reward (compensation) and performance management structures might be deployed in new areas of business transformation
• Devise how AXA’s performance management approach might evolve in new areas of business transformation
• Evaluate (for pay and grading purposes) new job descriptions to ensure accuracy and alignment with the company's requirements and industry standards
• Benchmark, develop and implement competitive new pay ranges and salary structures to attract and retain top talent across new areas of business transformation
• Design new bonus constructs and incentive programs that motivate and reward employees for achieving key performance indicators and business objectives
• Provide guidance and support to HR and management teams on reward and compensation-related matters

Due to the number of applications we expect to receive for this role, we reserve the right to close this advert earlier than the listed closing date to ensure we’re able to effectively manage interest. Therefore, if you’re interested in joining us at AXA, please don’t hesitate to apply.

We know that some candidates may be discouraged from applying if they don't meet every requirement. If you’re excited by this job and the prospect of working at AXA but you’re not sure you tick every box, we’d still encourage you to apply.

What you’ll bring:

• Bachelor's degree (or equivalent) in Human Resources, Business Administration, or related field. Master's degree or professional certification (e.g., CCP, GRP)
• Proven experience as a Reward Manager or in a similar role, with a strong focus on job evaluation, grading, pay benchmarking, performance management and bonus/incentive design
• Experience of designing new Reward and Performance Management constructs as a part of business transformation initiatives
• Ideally, an understanding of Reward constructs (pay ranges, variable pay constructs) in agile Product-led organisational models
• In-depth knowledge of compensation and benefits practices, including market pricing, salary surveys, and regulatory requirements
• Strong analytical and problem-solving skills, with the ability to interpret data and trends to make strategic recommendations
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams

Internal candidates are encouraged to apply for this role as a secondment opportunity through the internal careers site.

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.

What we offer:

At AXA UK, we’re appreciative of the people who work for us and our rewards package is reviewed regularly to reflect that. You can expect to receive:

• Competitive annual salary of up to £75,000 dependent on experience
• Discretionary company & performance-based bonus
• Contributory pension scheme (up to 12% employer contributions)
• Life Assurance (up to 10 x annual salary)
• Private health cover
• 28 days annual leave plus Bank Holidays
• Opportunity to buy up to 5 extra days leave or sell up to 5 days leave
• Wellbeing services & resources
• AXA employee discounts

To apply, click on the ‘apply for this job’ button, you’ll then need to log in or create a profile to submit your CV. We’re proud to be an Equal Opportunities Employer and don’t discriminate against employees or potential employees based on protected characteristics. If you have a long-term condition or disability and require adjustments during the application or interview process, we’re proud to offer access to the AXA Accessibility Concierge. For our support, please send an email to tanzeela.mehjabeen@axa-insurance.co.uk.

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Who we are:

Support Functions: AXA UK Support Functions power AXA’s three customer-facing business units, providing the infrastructure, support and expertise to ensure our customers can always count on us. Whether you’ve got heaps of experience and qualifications behind you, or you’re just starting out, we’ll give you the support and opportunities to help you grow and develop with confidence.