What are the responsibilities and job description for the Compensation Analyst position at Hartford Funds?
Hartford Funds has an exciting opportunity to join the Human Resources team as a Sr. Compensation Analyst. In this role, you will help support the business in the in the areas of compensation, reporting and data analysis to ensure compensation and other HR programs effectively recognize and reward both company and individual performance and impact.
Responsibilities:
- Lead compensation survey submission and review process
- Liaise with The Hartford’s (parent company) compensation team regarding on-going compensation and benefits programs, communications, and compensation best practices
- Coordinate employee changes and compensation administration with Workday team
- Gather data from market-based compensation surveys; assess results and market trends
- Manage all administrative elements of the long-term incentive (LTI) program with the third-party stock plan administrator, payroll, and other parent company counterparts
- Assist with year-end compensation planning (merit, bonus and LTI) efforts including testing and administration of relevant systems
- Create and update education materials associated with Hartford Funds’ recognition and reward programs
- Perform ad hoc reporting for the HR team and business, including compensation history and other HR related metrics
- Identify and address emerging compensation trends for the asset management industry
- Assist with the design and administration of sales compensation plans
- Partner and consult with business and HRBP’s to analyze salary and incentive programs aligned with competitive conditions and business objectives
- Conduct competitive analyses as necessary to ensure the on-going integrity of existing structures, policies, and practices
- Coordinate annual pay equity analysis
- Maintain a database of HR responses to RFP requests and coordinate with the RFP team on data requested
Qualifications:
- A minimum of three years of broad-based compensation, sales compensation or related experience required
- Experience with Workday required
- Asset management industry experience strongly preferred
- Strong consultative skills, able to gain trust and confidence
- Ability to manage multiple projects, while delivering results
- Demonstrated teamwork and collaboration skills
- Strong analytical skills required
- Knowledge of regulations and issues impacting compensation
- Excellent verbal, written, presentation and interpersonal communication skills
- Strong business acumen to assess applicability, benefits, and challenges of various compensation structures
- Bachelor’s degree