Compensation Analyst (Hybrid - New Hartford, NY)

The Company

At Utica National Insurance Group, 1,400 employees countrywide take our corporate promise to heart every day: To make people feel secure, appreciated, and respected.

Utica National Insurance Group is an "A" rated $1.5B award-winning, nationally recognized property & casualty insurance carrier.

Operating along the Eastern half of the United States, our Home Office is based in Central New York, with Regional Office locations including Boston, NYC, Atlanta, Dallas, Columbus, Richmond, and Chicago.

This is a hybrid position with a minimum of 3 days/month, and as needed, spent in-office at New Hartford, NY.

What you will do

The Compensation Analyst is a critical member of the Human Resources team and will work a variety of stakeholders and partners including Talent Acquisition, Benefits, Finance, Human Resources Business Partners, and leaders. In this role, you'll be responsible for analyzing compensation data, salary surveys, benchmark studies, and other data sources to provide valuable organizational insights and support organizational goals. With skills in data analysis, data review and auditing, and data translation, you will lead projects and develop complex and comprehensive reports. This role also requires you to use your tech-savvy to work with programs such and Power BI and Microsoft Excel.

Key responsibilities

• Conduct comprehensive job evaluations, establish job classifications, and determine appropriate salary grades by analyzing salary surveys and internal compensation data providing insights that drive internal equity and external competitiveness in decision-making.

• Develop, implement and manage compensation structures and policies, ensuring alignment with industry benchmarks and organization goals.

• Participate in industry salary surveys and conduct benchmark studies to keep compensation packages competitive.

• Work closely with Talent Acquisition, Benefits, Finance, Human Resources Business Partners, and leaders to align compensation programs with business strategy providing guidance on compensation-related issues during recruitment, performance reviews and as business needs arise.

• Monitor and manage budgets for compensation and identify strategies to provide competitive total rewards packages while managing expenses.

• Compile and analyze business reports and translate data into relevant reports to be used for management to support decision-making and strategic planning related.

• Plan, design, schedule and coordinate data analysis and ensure data integrity across HRIS systems.

• Act as lead on various projects of a highly complex and technical nature. Carry out large-scale projects and initiatives from the planning state through implementation. Examples include - execution of annual salary budget and merit cycle in performance management tool, Worker's Compensation audit, calculation of annual 401(k) profit-sharing employer contributions and compilation and audit of incentive plan and payouts.

• Develop and maintain technology-based solutions, as well as designing end user interfaces and reporting.

• Performs other duties as assigned.

• Conforms with all corporate policies and procedures.

What you need

• Bachelor's degree preferred or equivalent experience in a Compensation role.
• 3 or more years of Compensation experience involving job evaluation and salary structures preferred.
• 1 or more years of experience participating in salary surveys, compensation tool administration, and/or market tool administration required.

Salary range: $70,000 - $95,000

The final salary to be paid and position within the internal salary range is reflective of the employee's work experience, their geographic location, education, certification(s), scope and responsibilities in the role, and additional qualifications.

Benefits

We believe strongly that talented people are core to our success and are attracted to companies that provide competitive pay, comprehensive benefits packages, career advancement and challenging work opportunities. We offer a Comprehensive Benefits Plan for full time employees that include the following:

• Medical and Prescription Drug Benefit

• Dental Benefit

• Vision Benefit

• Life Insurance and Disability Benefits

• 401(k) Profit Sharing and Investment Plan (Includes annual Company financial contribution and discretionary Profit Sharing contribution based upon annual company financial results)

• Health Savings Account (HSA)

• Flexible Spending Accounts

• Tuition Assistance, Training, and Professional Designations

• Company-Paid Family Leave

• Adoption/Surrogacy Assistance Benefit

• Voluntary Benefits - Group Accident Insurance, Hospital Indemnity, Critical Illness, Legal, ID Theft Protection, Pet Insurance

• Student Loan Refinancing Services

• Care.com Membership with Back-up Care, Senior Solutions

• Business Travel Accident Insurance

• Matching Gifts program

• Paid Volunteer Day

• Employee Referral Award Program

• Wellness programs

Additional information

This position is a full time salaried, exempt (non-overtime eligible) position.

Utica National is an Equal Opportunity Employer.

Apply now and find out what it's like to be a part of an amazing team, thrive in an exciting environment and work for a company you can be proud of. Once you complete your application, you can monitor your status in the hiring process by logging into your profile. A representative from our Talent Acquisition team will be in touch regarding any change in your candidacy.

#LI-HL1