IAT Insurance Group

Head of Total Rewards

IAT Insurance Group • $184K — $300K *
Naperville, IL 60540In-Person
Finance & Insurance
11 - 15 years of experience
More than 3 months ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in HR management, business, or a related field; master's preferred.
  • At least 12 years of HR experience focusing on compensation and benefits.
  • 6 years in employee benefits planning and administration.
  • Expert knowledge in US domestic compensation and benefits programs.
  • Strong understanding of federal and state employment laws (ERISA, FMLA, FLSA, EEO).

Responsibilities

  • Leads Total Rewards Center of Excellence, setting strategic goals and policies.
  • Defines and implements total rewards strategy across compensation, benefits, and recognition.
  • Establishes governance and ensures compliance with regulations.
  • Manages vendor relationships, focusing on service quality and cost efficiency.
  • Directs enterprise compensation programs and annual merit cycles.
  • Partners with CHRO on executive compensation governance.
  • Analyzes and optimizes existing benefit plans for strategic alignment.

Benefits

  • Hybrid work schedule with remote options for Thursday and Friday.
  • Development opportunities for the total rewards team.
  • Participation in benchmarking and industry forums.
  • 401(K) match and profit-sharing opportunities.
Full Job Description
IAT Insurance Group has an immediate opening for the Head of Total Rewards that can be located in our Raleigh, North Carolina, Cheshire, Connecticut, Naperville, Illinois, Rolling Meadows, Illinois, or Alpharetta, Georgia location. This role leads the Total Rewards Center of Excellence and drives the strategy across compensation, benefits, wellbeing, and recognition to attract, retain, and motivate high-performing talent. Oversees program governance, compliance, communication, and continuous improvement aligned to IAT Insurance Group's business goals.

This role works a hybrid schedule Monday through Wednesday, with the option of working Thursday and Friday remotely.

Responsibilities:
  • Leads the Total Rewards CoE; sets strategy, policies, and multi-year roadmap aligned to business and talent priorities.
  • Defines the total rewards strategy across compensation, benefits, wellbeing, and recognition. Partners with various stakeholder units to develop and implement comprehensive HR business solutions.
  • Establishes governance and policies; ensures regulatory compliance, controls, and audit readiness.
  • Leads the vendor ecosystem (brokers, consultants, administrators, survey providers); drives service quality and cost effectiveness.
  • Sets compensation philosophy and frameworks (job architecture, structures, incentives) informed by market intelligence and internal equity.
  • Directs enterprise compensation programs and annual cycles (merit, incentive/variable pay) with clear guidelines and leader enablement.
  • Partners with CHRO on executive compensation and incentive governance.
  • Serves as the compensation strategic partner to business leaders, in close alignment with HR Business Partners and the Talent Acquisition CoE.
  • Identifies and leverages relevant market intelligence; participates and represents IAT in benchmarking and industry forums as needed.
  • Ensure company compliance with all state and federal guidelines and supervise preparation of reports and applications required by law to be filed with federal and state agencies.
  • Sets overall long-term benefits strategy, wellbeing, and recognition strategy; optimizes plan design, employee experience, and vendor performance aligned to business objectives and prevailing competitive practices.
  • Develop the total rewards team; provide ongoing coaching and learning opportunities to build capability.
  • Analyzes existing benefit plans, trends, and prevailing competitive practices to ensure strategic alignment with business objectives.
  • Performs other duties as assigned.

Qualifications:
Must Have:
  • Bachelor's degree in human resource management, business or related field. Master's degree may be preferred or required. Professional Compensation Certification (CCP, CECP, or GRP) or Professional Benefits Certification (CBP or CEBS) preferred.
  • Minimum of 12 years of human resources experience in compensation and benefits program design, implementation, automation, and ongoing administration. 6 years of experience in employee benefits planning, design, and administration of plans. Relevant experience includes the following:
    • Expert knowledge of the design, development, implementation, and administration of all types of US domestic compensation and benefits programs (executive, incentive, and awards).
    • Current, up-to-date knowledge of executive compensation practices and laws; tax, legal, and financial implications of executive compensation; and industry trends and competitor practices.
    • Excellent knowledge of how to analyze compensation and benefits data and meeting legal and regulatory requirements. Strong knowledge and application of Federal and State employment laws: ERISA, FLMA, FLSA, EEO. In depth knowledge of U.S. domestic compensation programs and practicing including market pricing in multiple industries and developing competitive pay structures and salary administration systems.
    • Strong knowledge of the accounting and business practices applied to benefit plans in order to contribute to and support various business decisions.
    • Strong Microsoft Office, HRIS reporting systems, and payroll information systems skills.
    • Excellent leadership, communication, interpersonal, and management skills.
    • Excellent written, verbal, and interpersonal communication skills.
    • Ability to consult with clients on concepts, techniques, program implementation and administration.
    • Ability to demonstrate customer service orientation; creative problem-solving skills; conflict management skills.
  • To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes.

Preferred to Have:
  • Workday experience

Compensation:
Please note, that the annual gross salary range associated with this posting is $184,590 to $300,000 . This range represents the anticipated low and high end of the base salary for this position. Actual salaries will vary based on factors such as a candidate's qualifications, skills, competencies, and geographical location related to this specific role. The total compensation will include a base salary, performance-based bonus opportunities, 401(K) match, profit-sharing opportunities, and more.

To view details of our full benefits, please visit https://www.iatinsurancegroup.com/careers/benefits

About IAT Insurance Group

IAT Insurance Group is a privately held insurance company that provides a wide range of insurance products, including property and casualty, specialty, and surety. The company was founded in 1998 and is headquartered in Itasca, Illinois. IAT Insurance Group has over 1000 employees and operates in various industries, including transportation, construction, and energy. The company is committed to providing high-quality insurance products and services to its clients and has been recognized for its excellence in customer service and claims handling.
Learn more about IAT Insurance Group
Size
1,000 employees
Industry
Finance & Insurance
* Ladders Estimates

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