Bonus Scheme Analyst

Salary: Up to £46,000 based on skills and experience

Contract Type: Permanent

Location: Hybrid working (office based in Birmingham) – typically 2 days in the office per week

Shape Brighter Futures with Wesleyan

Established in 1841, Wesleyan help trusted professionals—GPs, hospital doctors, dentists, and teachers—secure their financial future. Today, we’re proud to continue that mission with passion and purpose. If you’re looking for a role where your expertise makes a real impact, and you want to work in a culture that values collaboration, innovation, and integrity, we’d love to hear from you.

Find out more about who we are: About Wesleyan

Make a Difference

The role will deliver reward reporting, insight, modelling and benchmarking to support bonus strategy, ensure remuneration arrangements remain commercially effective and compliant, and contribute to the development of broader reward initiatives across the company. With regular interaction across the company with HR and senior stakeholders to design and manage variable pay schemes.

Your Impact

Here’s how you’ll make a difference:

• Take ownership of the design, governance and delivery of reward and incentive programmes, ensuring consistency and compliance.
• Administer bonus calculations, ensuring payments are processed accurately and queries are resolved efficiently.
• Produce financial models to assess proposed reward initiatives, measuring potential financial, commercial and employee impacts to support planning decisions.
• Take a lead in reviewing and enhancing variable pay schemes to ensure that they continue to drive desired behaviours and support business priorities.
• Assist in the planning and execution of annual remuneration activities, including salary reviews, benchmarking, bonus processes and related reward initiatives.
• Support reward governance and compliance requirements through remuneration reporting, pay equity analysis and regulatory oversight

What You’ll Bring

• Strong commercial and customer focus and ability to see the end customer impact of all decisions and actions.
• Proactive approach and ability to plan, anticipating the impact of upcoming change.
• Strong analytical and data interpretation skills with advanced Excel capability.
• Experience of financial modelling, forecasting and scenario analysis.
• Understanding of the business objectives and plans with the ability to interpret these in line with the key requirements of the role.
• Strong presentation skills and ability to explain complex matters in a simple manner.
• Understanding of budgets and cost management.
• Ability to establish long‑term solid partnerships and relationships demonstrating teamwork and collaboration across the Society.
• Experience of reward benchmarking and market analysis.
• Understanding of reward governance and remuneration risk management within Financial Services.
• Strong stakeholder management and influencing skills, including experience presenting to senior leaders and governance forums.

Benefits That Work for You

We believe rewards should reflect the life you live. Here’s what you can expect:

• Annual bonus to recognise your contribution.
• 28 days holiday (plus a culture day!) – rising to 30 days with service.
• Flexible hybrid working for better work-life balance.
• Company pension scheme – matched plus 2% (up to 10%).
• Free secure underground Birmingham city centre parking (subject to availability, weekend use included).
• Salary sacrifice schemes that help you provide the things that matter – to include PMI, Electric Vehicle Leasing and cashback on everyday essentials.
• Enhanced family leave and two volunteering days to give back to causes you care about.

Discover the full range of benefits: Wesleyan Careers Rewards

Why Wesleyan?

We’re building a culture where everyone belongs. Diversity isn’t just a policy—it’s part of who we are. Whatever your background, we want you to feel valued and empowered to thrive. We’re proud supporters of the ABI Making Flexible Work campaign, which means we’re open to discussing flexible working, job shares, and part-time options.

If you need reasonable adjustments during the recruitment process, just let us know—we’re here to support you.

What to Know Before Applying

• Right to Work: We’re unable to provide VISA sponsorship, so you’ll need the legal right to live and work in the UK.
• Advert Closing: We typically advertise for two weeks but may close early if we receive a high volume of applications—apply early to avoid disappointment.

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Full job description from WhatJobs. Apply for this role →