Senior Compensation Specialist
Company | American Family Insurance Group |
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Location | Madison, WI, USA |
Salary | $86000 – $142000 |
Type | Full-Time |
Degrees | |
Experience Level | Senior |
Requirements
- Demonstrated experience providing customer-driven solutions, support or service.
- Demonstrated strong analytical aptitude, with the ability to organize and analyze data, interpret results, formulate conclusions and narratives, and provide strong consulting as it relates to compensation decisions.
- Demonstrated experience in compensation pay practices such as job analysis and evaluation, pay planning, and incentive design.
- Proficiency in Microsoft Office Suite, including Excel.
- Demonstrated ability to thrive, prioritize, and meet deadlines in a fast-paced HR environment.
- Demonstrated experience influencing with and without formal authority.
- Demonstrated experience working horizontally across HR departments.
- Demonstrated experience in managing employee compensation data and creating and administering compensation plans in Workday, or similar HRIS platforms.
- Extensive knowledge and understanding of compensation-related regulations such as the Fair Labor Standards Act and other applicable HR-related laws.
- Solid knowledge and understanding of project management and change management methodologies, practices, techniques, and tools.
Responsibilities
- Designs, implements, and accurately administers various compensation programs.
- Gathers input from key stakeholders and partners in the pre-implementation and post-implementation phases to ensure programs align with broader organizational and business unit objectives and continuously improve.
- Develops procedures and guidelines to ensure programs are internally equitable.
- Monitors market practices and developments to ensure programs are competitive.
- Keeps informed of federal, state, and local compensation laws and regulations to ensure compensation programs comply with legal requirements.
- Utilizes project and change management skills to guide compensation program development and implementation efforts with a holistic focus, delivering not only successful launches (implementations) but also successful landings (employee experience).
- Seeks opportunities to enhance and improve, simplify, and automate compensation programs.
- Models costs, impacts, and scenarios to share with leadership and other key stakeholders.
- Serves as a project lead for various compensation-related special projects and provides program support and compensation consulting support for the corporate compensation team, as needed.
Preferred Qualifications
- Minimum of 5-7 years of progressive experience in compensation roles, with a strong background in designing, implementing, administering, and improving various compensation programs.
- Demonstrated experience in team leadership and mentoring more junior specialists, fostering their development and ensuring effective collaboration.
- Demonstrated experience developing compensation work plans and managing multiple projects simultaneously with strong attention to detail under tight deadlines.
- Advanced Excel Skills: Proficiency in VLOOKUP, pivot tables, macros, and complex formulas; analyzing large datasets and creating financial models.
- Advanced PowerPoint Skills: Designing executive presentations and conveying complex information clearly and visually.
- Certified Compensation Professional (CCP) certification.