EMC Insurance

Senior Compensation Analyst

EMC Insurance$85K — $130K *
US-AnywhereRemote in United States
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business or related field, or equivalent experience.
  • Minimum of five years in compensation or related roles.
  • Prior experience in the insurance industry is preferred.
  • Strong proficiency in compensation terminology and compliance.
  • Experience with HRIS, specifically Workday, is advantageous.

Responsibilities

  • Lead annual merit and off-cycle compensation processes, validating data and reporting results.
  • Support the full life cycle of incentive and recognition programs.
  • Meet with leaders and HRBP teams to analyze workforce and financial needs.
  • Present recommendations considering trade-offs, ROI, and risk compliance.
  • Conduct market pricing analysis and evaluate prevalence of compensation programs.
  • Design and deliver compensation training materials for stakeholders.
  • Oversee the governance of job descriptions to improve job architecture.

Benefits

  • Access to comprehensive rewards package.
  • Opportunities for professional development and training.
  • Potential for flexible working hours in alignment with Central Time.
  • Involvement in leading compensation projects and strategy.
Full Job Description
**This role collaborates heavily with Central Time teams. We're open to U.S. applicants whose working hours are within one hour of Central Time.**

Essentials Functions:
  • Leads annual merit and off-cycle compensation processes, including data validation, testing and reporting.
  • Supports full life cycle incentive and recognition programs.
  • Proactively meets with leaders and HRBPs to understand workforce plans, talent needs, and financial constraints for assigned business units.
  • Presents recommendations with clear trade-offs, ROI, and risk/compliance considerations.
  • Monitors outcomes and feedback; iterates programs and guidelines to improve fairness, competitiveness, and simplicity.
  • Conducts market pricing and program prevalence analysis of base pay, incentive, recognition and other programs.
  • Performs analysis and maintenance of salary structures and geographic pay zones.
  • Designs and delivers compensation education for HRBPs, Talent Acquisition, and people leaders on compensation principles, program changes, and market trends.
  • Develops and supports manager toolkits and communication materials for total rewards.
  • Leads complex compensation projects, performs detailed analysis, and presents recommendations.
  • Provides compensation consulting for assigned departments (director level and below).
  • Leads the creation, revision, and governance of job descriptions to ensure strong job architecture.
  • Guides job evaluations, communications evaluation outcomes, and provides recommendations on pay implications.
  • Configures and maintains MarketPay and Workday compensation modules. Identifies opportunities for automation and process improvement.
  • Ensures compliance with compensation laws, regulations, and internal controls, including FLSA exemption analysis and pay transparency requirements.
  • Performs pay equity analysis as applicable.


Education & Experience:
  • Bachelor's degree in business or related field or equivalent relevant work experience
  • Five years of experience in compensation or related experience
  • Experience in the insurance industry preferred


Knowledge, Skills, & Abilities:
  • Excellent knowledge of compensation terminology, market pricing, and compensation compliance
  • Strong knowledge of compensation management in HRIS, preferably Workday
  • Excellent communication, presentation, and stakeholder management skills
  • Ability to elicit relevant information and make recommendations
  • Advanced Excel skills; experience with MarketPay and Workday a plus
  • Excellent analytical skills and attention to detail
  • Ability to manage multiple priorities in a fast-paced environment
  • Collaborative mindset with strong business acumen


The hiring salary range for this position will vary based on geographic location, falling within either of the following:
$85,799 - $118,545 or $94,826 - $130,394
A hiring range represents a subset of the full salary range. The actual salary will depend on several factors, including relevant education, skills, and experience of an applicant, geographic location, and business needs.

For information relating to the benefits EMC Team Members receive as part of a comprehensive rewards package, please visit www.emcins.com/careers

About EMC Insurance

EMC Insurance Group Inc. is an insurance holding company based in Des Moines, Iowa. The company provides property and casualty insurance products and services to businesses and individuals in the United States. The company operates through two segments: Property and Casualty Insurance and Reinsurance. The Property and Casualty Insurance segment provides commercial and personal lines of insurance products. The Reinsurance segment provides reinsurance for other insurers. The company was founded in 1911 and is publicly traded on the NASDAQ under the ticker symbol EMCI.
Learn more about EMC Insurance
Industry
Founded
1911
NASDAQ

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