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Compensation Analyst II
UFG Insurance. Conduct job evaluations and market pricing to ensure positions are competitively aligned and internally equitable .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in compensation analysis, including market pricing, salary structures, and compliance with regulations such as FLSA and EEOC. Proficient in administering compensation programs and collaborating with HR and finance teams to enhance organizational compensation strategies.
Highest-signal resume keywords
Compensation AnalysisMarket PricingCertified Compensation Professional (CCP)FLSA ComplianceHR Software Products
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Compensation GuidelinesSalary StructuresCompensation SurveysAnalytical SkillsCompensation Best PracticesExecutive Compensation AdministrationEquity Compensation ManagementMerit Pay ProgramsIncentive Pay ProgramsWorkflow Management
Soft Skills
Excellent Communication SkillsProfessional DemeanorRelationship BuildingProactive Work EthicProblem-Solving Skills
Tools & Technologies
Microsoft Office SuiteExcelHR Software Products
Certifications & Qualifications
Bachelor’s DegreeCertified Compensation Professional (CCP)
Industry Keywords
Insurance IndustryProperty & Casualty InsuranceCompensation RegulationsPay TransparencyEqual Pay Requirements
About the role
Key responsibilities & impact- Conduct job evaluations and market pricing to ensure positions are competitively aligned and internally equitable
- Administer and maintain salary structures, pay ranges, and compensation guidelines based on market data and organizational strategy
- Perform compensation analyses to support hiring, promotions, transfers, reorganizations, and retention recommendations
- Support the design, administration, and annual execution of merit, incentive, and variable pay programs
- Participate in annual compensation planning, salary budgeting, and market review activities
- Administer executive compensation programs, including preparation of analyses, reporting, and governance documentation
- Administer equity compensation, including grants, vesting schedules, transactions, reporting, and employee communications
- Ensure compliance with federal, state, and local compensation regulations, including pay transparency and equal pay requirements
- Partner with HR Business Partners, Talent Acquisition, Finance, Payroll, and business leaders to provide compensation guidance and consultation
- Participate in compensation surveys and benchmark studies to evaluate market competitiveness and emerging compensation trends
- Recommend process improvements that enhance efficiency, accuracy, and governance of compensation programs
- Act as project lead and POC with various compensation vendor partners
- Support continuous improvement efforts in compensation operations and systems and assist in developing and delivering training and resources for HR partners
- Monitor FLSA and EEOC compliance and advise on appropriate action
- Assist with other compensation related initiative & projects
Requirements
What you’ll need- Bachelor’s Degree in appropriate discipline, preferably in Human Resources, Accounting or Finance
- Certified Compensation Professional (CCP) or working towards certification preferred
- 3+ years of experience in a compensation analysis role within the insurance industry
- Experience working in the compensation function at a large property & casualty insurance carrier (1,000+ employees)
- Experience with a variety of compensation and HR software products preferred
- Knowledge of a variety of compensation best practices and theories
- Knowledge of compliance and other regulations (FLSA, EEOC)
- Demonstrated ability to manage workflow and organize records
- Excellent written and verbal communication skills; presentation skills
- Demonstrated professional demeanor with the ability to maintain confidentiality
- Strong with Microsoft Office suite of products including but not limited to Excel
- Ability to build and maintain positive relationships with management, peers, as well as external vendors
- Ability to be proactive and work independently as well as within a team
- Strong analytical and problem-solving skills
Benefits
Comp & perks- Annual incentive compensation
- Medical, dental, vision & life insurance
- Accident, critical Illness & short-term disability insurance
- Retirement plans with employer contributions
- Generous time-off program
- Programs designed to support the employee well-being and financial security