Note: The job is a remote job and is open to candidates in USA. Distinguished Programs is a national insurance program manager providing specialized insurance programs through a network of brokers and agents. The Compensation & Benefits Analyst will lead the design, administration, and execution of competitive and compliant compensation and benefits programs while partnering with business leaders, the CHRO, and external vendors.
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
- * Education: Bachelor's degree in Human Resources, Finance, Business Administration, Economics, Mathematics, or related field
- * Experience: minimum 8 years of compensation, benefits, HR analytics, or total rewards
- * 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
- * Pivot Tables
- * VLOOKUP/XLOOKUP
- * Complex formulas
- * HRIS systems
- * Compensation survey platforms
- * HR reporting and analytics
- * Benefits administration platforms
- * PowerPoint
- * Compensation structures
- * Salary grading methodologies
- * Market benchmarking
- * Pay equity analysis
- * Incentive compensation
- * Health and welfare benefits
- * Retirement plans (401(k))
- * COBRA
- * HIPAA
- * FLSA
- * Pay transparency legislation
- * Leave programs
- * HR metrics and reporting
- * Power Query (preferred)
- * Data visualization tools (Power BI or Tableau preferred)
- * This role is remote/hybrid based in the United States. (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.
- This role is remote/hybrid based in the United States. (Tristate area preferred 2-3 days per week in NY Office)
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