Senior Compensation Analyst || Assurant-GCC, India
The Senior Compensation Analyst is a key player in analyzing and implementing the organization's compensation philosophy, programs, policies, and structures. You will be responsible for creating compensation analyses and models to understand our compensation program trends and opportunities better. You will be a key partner to our internal stakeholders (Business leaders, People Organization, Finance, Legal, etc.) to address compensation-related questions, concerns, regulations, and resolutions. Additionally, this role is critical in establishing and maintaining market-competitive compensation practices, both broad-based and sales incentive programs, that attract and retain growing talent.
This position will be Remote at our India location.
What will be my duties and responsibilities in this job?
- Serve as primary resource for compensation analyses globally, including but not limited to budget modelling, accruals, trend analysis, competitive benchmarking, custom research in response to evolving market trends and/or PBP and executive requests.
- Design and develop analytical models that assess the competitiveness and effectiveness of existing and proposed compensation programs. Conduct custom analyses and create executive-ready presentations with your findings and proposals. Support the Director of Compensation with advisory and research.
- Support market data benchmarking and pay equity practices including but not limited to data submission, matching philosophy, external vendor optimization.
- Collaborate with Finance on matters such as compensation budgeting, accruals and reconciliations, and contribute to responses to control functions (e.g., Audit, Legal, Risk) related to compensation.
- Provide support to the broader compensation and executive compensation team on a variety of projects and requests including but not limited to modeling, benchmarking, and peer reviews.
What are the requirements needed for this position?
- A college degree.
- Minimum 3-5 Years of Global Compensation experience in a public company.
- Advanced Excel skills and analytical capabilities.
- Strong attention to detail.
- Excellent verbal and written communication skills.
- Self-starter with ability to drive results.
What are the Preferred Skills needed for this position?
- Financial background (either via education or job experience).
- Demonstrated ability to work and thrive in a fast-paced environment with many new challenges. Highly proficient at adjusting to varying demands and multiple deliverables; can pivot quickly when change occurs.
- Ability to effectively communicate with employees and build strong working relationships with internal departments and outside vendors.
- Intellectual curiosity – genuine desire to learn, grow and develop.