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.
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
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
Amtrust Financial Services, Inc.