Note: The job is a remote job and is open to candidates in USA. Distinguished Programs is a leading national insurance Program Manager providing specialized insurance programs. They are seeking a Compensation & Benefits Analyst to lead the design and execution of competitive total rewards programs and align compensation and benefits strategies with organizational goals.
Responsibilities
- Design and manage base salary, incentive, and bonus programs aligned with business strategy
- Conduct market benchmarking and salary survey to ensure external competitiveness
- Design and manage salary/role structure in HR Systems (job titles, job family, etc.)
- Lead annual compensation processes (merit, bonus, promotions, equity)
- Partner with Talent Management, Talent Acquisition and leadership on job leveling, pay decisions and offer strategy
- Ensure internal equity and pay transparency practices
- UK Benefits/Payroll expenses management
- Advance Comp management, Sales Comp Agreement process, Securities Agreement LTIP process, Annual 401k Compliance process
- Oversee health, welfare, retirement and wellness programs
- Manage Vendor Relationships (brokers, carriers, PEO)
- Evaluate and enhance benefits offerings based on need market and cost management. Lead annual benefits renewal and open enrollment process
- Develop and track compensation and benefits metrics (cost, utilization, competitiveness)
- Provide insight and recommendations to senior leadership. Support workforce planning and budgeting related to TWs and new team/acquisitions
- Maintain accurate documentation policies and audit readiness
Skills
- Bachelor's degree in Human Resources, Finance, Business Administration, Economics, Mathematics, or related field
- Minimum 8 years of compensation, benefits, HR analytics, or total rewards experience
- Experience with salary surveys and market pricing
- Experience administering employee benefits programs
- Experience in insurance or financial services and the ability to operate independently across both compensation and benefits functions
- Strong experience with Excel and Workday, including advanced comp modules
- Advanced Microsoft Excel skills
- Experience with Pivot Tables
- Experience with VLOOKUP/XLOOKUP
- Experience with complex formulas
- Experience with HRIS systems
- Experience with compensation survey platforms
- Experience with HR reporting and analytics
- Experience with benefits administration platforms
- Experience with PowerPoint
- Experience with data visualization tools
- Power Query
- Experience with Power BI or Tableau
- Tristate area preferred 2-3 days per week in NY Office
Benefits
- Yearly bonus
- Summer Fridays (Leave at 2:00PM all Fridays from Memorial Day to Labor Day)
- Great healthcare coverage including Medical, Vision, and Dental
- 401k with 4% company match. Immediately 100% vested
- Life, disability and supplemental insurance
- Growth and development opportunities
- Wellness Benefits including an Employee Assistance Program
- Work/Life Balance with generous time off policy including PTO and paid holidays, Summer Hours, Dependent Daycare flexible spending account, paid parental leave, a commuter account, and a sabbatical every 7 years
Company Overview