Network Rail Jobs – Compensation Team Manager

Website Network Rail

About the job

Job Introduction

We partner with our Network Rail routes and regions, delivering critical services and essential equipment to help get passengers and good to where they need to be. To find out more watch our video.

About Shared Services

Our Shared Services team deliver specialist processes that have a direct impact on the performance of Network Rail, our customers and suppliers. These services include payroll, accounts, finance, controls and compliance, reporting, recruitment and helpdesk support.

What will you be doing?

To manage and deliver passenger and freight Schedule 4 compensation, claims and forecasting.

Main Responsibility

  • Manage nominated Schedule 4 contracts (passenger & freight) to achieve the most cost effective spend of Network Rail compensation budget.
  • Administrate the S4CS system and associated data quality for relevant contracts.
  • Assist in managing effective relationships with customers and stakeholders, including providing compensation regime, Enhancements budgeting and contractual guidance.
  • Produce and maintain timely and accurate Schedule 4 forecasts, estimates and management information.
  • Assist in the identification and implementation of quality and efficiency improvement initiatives.
  • Manage the engagement and development of individuals and of the team.
  • Manage and comply with Company procedures to provide appropriate resources, communication strategies, training, and competency, and evaluate fitness of staff to safely deliver their accountabilities.

The Ideal Candidate

  • High level of numeracy.
  • Able to lead a team and motivate team members.
  • Good communication skills.
  • Able to work under pressure and to deadlines.
  • Detailed working knowledge of relevant compensation and planning processes.
  • Detailed working knowledge of relevant compensation systems.
  • Good working knowledge of relevant planning systems.
  • Good knowledge of Track Access Conditions.
  • Knowledge of relevant content of Network Code.
  • Good knowledge of relevant railway geography and terminology.
  • Basic understanding of railway engineering activities.

Package Description

Role Title: Compensation Team Manager

Salary range: £34,050 – £38,305

Contract Type: Permanent

Location: The Quadrant, Elder Gate, Milton Keynes, MK9 1EN

At Network rail you will have a clear development path, access to training and enjoy a range of employee benefits, such as; up to 28 days annual leave, rail subsidies, a range of pension options, flexible and agile working arrangements, discounts on shopping, gym memberships and much more.

Closing date: 27/10/2023

Click ‘apply for this job’ to apply. If you would like to speak the Resourcing Team please contact: [email protected]

About The Company

We’re an organisation where people matter. We matter to millions.

Our role is to run a safe, reliable and efficient railway, serving customers and communities. We exist to get people and goods where they need to be and to support our country’s economic prosperity. Safety is our number one priority.

We’re undertaking an ambitious change. Our vision is Putting Passengers First – becoming a company that is on the side of passengers and freight users.

As one of the UK’s leading equal opportunities employers, our values and the way we behave is important to us and we have created an environment where we value and respect every individual’s unique contribution. We have seven employee networks that provide fantastic support, opportunities and development for applicants from all backgrounds. Click here for more information

Network Rail Infrastructure Ltd


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