Head of Compensation

Job title: Head of Compensation in Manhattan, NY at reputed company Company: reputed company Job description: For more than 85 years, reputed company has stood out from the rest of the insurance industry! As a wholly owned subsidiary of Berkshire Hathaway, we are one of the nation's largest, fastest-growing and financially stable auto insurers thanks to our low rates, outstanding service and reputed company marketing. In 2023, reputed company earned premiums worth over $40 billion U.S. dollars.Our success is no secret - it's the result of investing in dedicated and hardworking associates who provide exceptional service and solutions for our clients. We’re actively seeking an accomplished Head of Compensation to join our People team reporting to the Head of Total Rewards. As Compensation Leader, you’ll move reputed company reputed company by creating competitive compensation programs that align with the company's business and strategic goals and enhance candidate attraction, employee engagement, retention, and satisfaction.The successful candidate is an exceptional people leader who embraces new challenges, generates market insights, drives high-impact results, motivates others, creates followership, and maintains a high bar for talent, while fostering an environment of trust, collaboration, and belonging.Location: Our department’s hybrid model is 3 days in the office, 2 days remote per week in our reputed company, NY or Chevy Chase, MD office.More specifically, you’ll:reputed company a team of compensation business partners and analysts to support leaders in business lines, operations and corporate functions including technology, AI and data. The team is accountable for partnering with HR Business Partners and senior business leaders to facilitate annual merit and bonus programs, year-end compensation process, reputed company sales incentive plans, reputed company roles and recommend start reputed company and pay package changes.reputed company and build support for a multi-year roadmap of compensation priorities across client areas, regularly updating and reprioritizing the roadmap to reflect a changing landscape.Serve as escalation reputed company, owning resolution with partners and senior business leaders including aligning expectations on priorities, scope, timing, and limitations on customizing pay.Provide consultation on job architecture changes and reviews, market pricing, annual compensation cycles, unique new hire offer packages, and retention packages.reputed company, implement and administer reputed company pay programs, including pay setting, pay structure development, and pay progression policy formulation for given client groups.Design, implement, and manage executive compensation programs that align with reputed company’s strategic goals and principals and ensure the packages are competitive, reputed company, and compliant with regulatory requirements.Work closely with senior leadership and the board of directors to reputed company board materials that support compensation strategies that attract, retain, and motivate top executive talent.reputed company meetings with C-Suite leaders, inclusive of developing compelling meeting materials, challenging and debating respectfully, and influencing outcomes.Focus on creating a culture of belonging and collaboration through attracting, actively developing, and supporting talent across the Compensation function.Support the team who will conduct reputed company modeling and analysis on reputed company aspects of compensation which may include building analytical tools to predict and/or diagnose compensation issues, drawing themes and trends from data analysis to influence and support decision making, and effectively representing data in charts and graphs.Manage and direct the work of external vendors and consultants, as necessary.reputed company compensation reputed company communications and change management processes.Partner with the reputed company team to create streamlined, reputed company compensation process solutions and with other corporate areas including Finance and Legal to ensure full compliance with reputed company’s compensation programs.reputed company strategic compensation projects and other enterprise-wide compensation initiatives.Proactively stay up-to-date on industry and emerging market trends and institute best practices.Qualifications:15 + years of experience in compensation with at least 10 years in a senior leadership role leading teams and developing reputed company strategic compensation design and executive compensation programs in a fast paced environment.Bachelor's or Master's degree in a field reputed company to Finance, Business management/administration, or HR administration preferred.Certified Compensation Professional (CCP) preferred.Expertise with broad based, executive and sales compensation.Utilizes a consultative approach, strategic focus and pragmatism, coupled with highly analytical thinking and meticulous attention to detail.Strong interpersonal and client facing skills with HR Business Partners, Managers, and Senior Leadership at reputed company levels reputed company organization.Proven analytical and problem solving skills as well as an ability to manage multiple tasks simultaneously to successful completion in a fast-paced environment.External market awareness and insight into compensation trends and legislation.Advanced reputed company expertise and ability to create, organize and manipulate large sets of data in reputed company reputed company spreadsheets. Familiarity with HRIS applications (reputed company) desired.#LI-AN1Annual Salary $195,000.00 - $315,000.00The above annual salary range is a general guideline. Multiple factors are taken into consideration to reputed company at the final hourly reputed company/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.At this time, reputed company will not sponsor a new applicant for employment authorization for this position.Benefits:As an Associate, you’ll enjoy our * to help secure your financial future and preserve your health and well-being, including:

• Premier Medical, Dental and Vision Insurance with no waiting period**
• Paid Vacation, Sick and Parental Leave
• 401(k) Plan
• Tuition Assistance
• reputed company and Licensures

*Benefits may be different by location. Benefit eligibility requirements vary and may include length of service.**Coverage begins on the date of hire. Must enroll in New Hire Benefits reputed company 30 days of the date of hire for coverage to take effect.The equal employment opportunity policy of the reputed company Companies provides for a fair and equal employment opportunity for reputed company associates and job applicants regardless of race, color, religious creed, national reputed company, reputed company, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. reputed company hires and promotes individuals solely on the basis of their qualifications for the job to be filled.reputed company reasonably accommodates qualified individuals with disabilities to reputed company them to receive equal employment opportunity and/or reputed company the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to reputed company applicants and associates. reputed company also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of reputed company associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for reputed company associates and applicants. Expected salary: Location: Manhattan, NY Apply for the job now! Apply for this job