What are the responsibilities and job description for the Compensation Analyst position at H.W. Kaufman Group?
Responsibilities
Summary:
We are seeking a detail-oriented and analytical Compensation Analyst to join our Human Resources team. The ideal candidate will play a key role in developing, implementing, and managing compensation programs that attract, retain, and motivate top talent.
Key Responsibilities:
- Conduct market research and analysis to benchmark compensation practices against industry standards and competitors
- Assist in the design and implementation of compensation programs, including salary ranges, geographic differentials, and variable pay plans
- Analyze compensation data to identify trends and variances, and recommend changes as appropriate
- Prepare compensation reports and recommendations
- Assist with maintaining the job description library
- Conduct periodic Fair Labor Standards Act analysis
- Ensure compliance with relevant labor laws and regulations regarding compensation and reporting
- Collaborate with HR and management to develop compensation strategies that align with business objectives
- Support annual compensation planning processes, including merit increases and bonus allocations
- Manage the compensation survey participation process and maintain survey library; research and identify new surveys as competitive landscape evolves
- Provide guidance to HR and management on compensation-related inquiries and policies
Qualifications
- Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field
- 3 years of experience in compensation analysis or a related HR role, preferably in the insurance or financial services industry
- Strong knowledge of compensation principles, practices, and relevant laws/regulations
- Proficient in data analysis and reporting tools (Excel, HRIS systems)
- Excellent analytical, problem-solving, and decision-making skills
- Strong communication and interpersonal skills with the ability to work collaboratively
- Detail-oriented with a strong commitment to accuracy
Benefits
- Competitive base compensation
- Employer paid continuing education courses and designations via access to Kaufman Institute
- Health and welfare benefits including medical, vision and dental
- 401K with employer match
- Paid vacation, sick time, and holidays
- Access to Kaufman Wellness Program
- Flexible and hybrid work options
About Our Company
The H.W. Kaufman Group is a global, forward-thinking specialty insurance organization that includes 15 companies with more than 2,000 professionals at 60 offices across the U.S., Canada and UK. With an ever-broadening group of companies in our portfolio, there is simply not a more unique professional experience in the specialty insurance business than joining one of the H.W. Kaufman Group organizations.
Equal Opportunity Employer
The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, pregnancy, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.
In addition, Kaufman will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
