Compensation Analyst

Amtrust Financial Services, Inc. Cleveland , OH 44114

Posted 2 weeks ago

Overview

The Compensation Analyst will be administering the company compensation programs, conducting job evaluations, salary survey administration and analysis, position reviews for equity and market competitiveness, exempt/non-exempt status determination, and compensation policy interpretation. Works closely with manager to make decisions.

Responsibilities

  • Assists in the preparation and execution of bonus and annual salary review programs.

  • Maintains job profiles in the organization by evaluating, benchmarking, and creating.

  • Maintains all compensation-related business processes, requests and reports within Workday.

  • Provides support to managers and HRBP's on creating new positions, providing benchmarking data and overall compensation support.

  • Participates in salary surveys and performs competitive market analysis for salary review and planning.

  • Makes recommendations to management on individual compensation as well as competitive compensation plans.

  • Maintains salary structure for proper grade placement of profiles and evaluate ranges for market adjustments.

  • Monitors changes in federal, state and local compensation laws and regulations to ensure organizational compliance.

  • Assist in mergers and acquisitions to ensure new employees are placed properly in our organization.

  • May assist in equity administration.

  • Additional duties as assigned

Qualifications

  • Bachelor's degree from an accredited college or university

  • 3+ years of experience in the analysis, design and administration of compensation programs; prefer experience in insurance and / or financial services industry

  • Advanced PC skills in MS Office, specifically proficient in MS Excel or other data analytic tools using data, formulas and functions to gather, manipulate and audit large complex information sets.

  • Strong knowledge of databases, report writing and HRIS systems, preferably Workday.

  • Active professional certification in Human Resources or Compensation or strong intent to pursue a certification

  • Knowledge of compensation plan analysis and administration

  • Demonstrated knowledge of Fair Labor Standards Act.

  • Strong interpersonal skills; ability to develop effective relationships and partnerships with HR team and business partners at all levels within the organization.

  • Excellent written and verbal communication skills with a strong customer orientation

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Compensation Analyst

Amtrust Financial Services, Inc.