The Hartford Financial Services Group, Inc

Sr Compensation Partner - Enabling Functions

Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Human Resources, Business Administration, or a related field; advanced degree or certification preferred.
  • 5+ years experience in compensation with strong understanding of related principles and regulations.
  • Experience in market data analysis, benchmarking, and creating compensation strategies.
  • Strong analytical skills to interpret data and provide actionable insights.
  • Excellent communication skills for conveying compensation concepts to diverse audiences.
  • Proven project management abilities for leading multiple projects simultaneously.
  • Proficiency in compensation tools and software like Workday and Excel.

Responsibilities

  • Provide strategic compensation consultation to HRBPs and business leaders to support organizational growth.
  • Manage and analyze market data to ensure competitive compensation practices aligned with industry standards.
  • Oversee execution of compensation programs, ensuring alignment with company policies.
  • Develop and deliver training on compensation practices to HRBPs and managers.
  • Utilize data analytics to prepare reports and presentations for senior leadership.
  • Lead compensation-related projects, ensuring completion on time and within budget.
  • Stay adaptable to technology changes, particularly in Generative AI, driving efficiency in compensation practices.

Benefits

  • Flexible work schedule options including hybrid or remote work arrangements.
  • Engagement in strategic compensation initiatives that impact talent retention and attraction.
  • Opportunity for professional growth through training and development.
  • Collaborative work environment with HRBPs and business leaders on compensation strategies.
Full Job Description
Sr. Compensation Partner - HC07BE

The Compensation Partner will play a critical role in supporting the Total Rewards team by providing strategic compensation consultation, analytics and insights. This role will focus on ensuring competitive and equitable compensation practices across various support and enabling groups, including Corporate Functions, Technology, Data, Claims and Operations. The Compensation Partner will collaborate closely with HR Business Partners (HRBPs) and business leaders to develop and implement compensation strategies that attract, motivate, and retain top talent.

Key Responsibilities:
  • Compensation Consultation: Provide expert advice and creative consultation on compensation matters to HRBPs and business leaders to support organizational change and growth. Includes job and pay structure creation and modifications, benchmarking, and developing competitive compensation packages.
  • Market Data Management: Manage and analyze market data to ensure compensation practices are competitive and aligned with industry standards. Conduct regular market reviews and provide insights to support compensation decisions.
  • Compensation Program Execution: Oversee the execution of compensation programs, including annual compensation cycles and salary survey management. Ensure programs are managed effectively and align with company philosophy, policies and guidelines.
  • Training and Communication: Develop and deliver training sessions for HRBPs and managers on compensation practices, tools, and processes. Communicate current and trending compensation topics to relevant stakeholders.
  • Data Analysis and Reporting: Utilize data analytics to provide insights and recommendations on compensation practices. Prepare reports and presentations for senior leadership to support decision-making.
  • Project Management: Lead and participate in compensation-related projects, including mergers and acquisitions, re-organizations, and special compensation initiatives. Ensure projects are completed on time and within budget.
  • Generative AI Readiness: Stay informed and adaptable to changes in technology, particularly in the areas of Generative AI and automation. Leverage these technologies to drive efficiency and innovation in compensation practices.


Qualifications:
  • Bachelor's degree in Human Resources, Business Administration, or a related field. Advanced degree or professional certification (e.g., CCP) is preferred.
  • Minimum of 5+ years of experience in compensation, with a strong understanding of compensation principles, practices, and regulations.
  • Proven experience in market data analysis, benchmarking, and developing compensation strategies.
  • Strong analytical skills and the ability to interpret complex data and provide actionable insights.
  • Excellent communication and presentation skills, with the ability to effectively convey compensation concepts to diverse audiences.
  • Strong project management skills, with the ability to lead and manage multiple projects simultaneously.
  • Proficiency in compensation tools and software, such as Workday and Excel.
  • Ability to work collaboratively with HRBPs, business leaders, and other stakeholders to achieve common goals.
  • High level of integrity and confidentiality in handling sensitive compensation information.


Additional Information:
  • This role can have a Hybrid or Remote work schedule. Candidates who live near one of our locations will have the expectation of working in an office 3 days a week (Tuesday through Thursday). Candidate who do not live near an office will have a remote work schedule with the expectation of coming into office as business needs arise. The ideal candidate will be located in Hartford, CT.


Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$108,800 - $163,200

About The Hartford Financial Services Group, Inc

The Hartford is an industry leading provider of property and casualty insurance, group benefits and mutual funds. Throughout our rich history of more than 200 years, countless businesses and individuals, including Robert E. Lee, Abraham Lincoln and Babe Ruth, have turned to our company for protection. The Hartford celebrated its 200th anniversary in 2010.

The Hartford Financial Services Group, Inc. Careers

Join the esteemed team at The Hartford Financial Services Group, Inc., a leader in investment and insurance, where we offer more than just job opportunities—we provide a platform for professional growth and innovation. As one of the most respected names in the financial services industry, The Hartford is dedicated to fostering a culture of diversity, leadership, and continuous development.

Work You’ll Do

Embark on a career with The Hartford and contribute to our mission of helping customers achieve amazing financial outcomes. You will have the chance to work alongside a team of experts who are not only skilled in their fields but are also passionate about making a difference.

Transform Your Career

At The Hartford, we believe in nurturing talent through comprehensive training programs and robust career development opportunities. Our commitment to professional growth is evident in our dynamic leadership and diversity training programs that prepare you for the future.

Innovate with Us

Innovation is at the heart of everything we do at The Hartford. Join us and bring your unique perspective to help shape the future of financial services. Our collaborative environment encourages creativity and is the perfect place to advance your skills in groundbreaking ways.

Be Part of a Great Team

The Hartford is not just a company; it's a community. We pride ourselves on a workplace culture that upholds the values of inclusivity and teamwork. By joining us, you’ll work on diverse teams that value your insights and encourage networking and mutual support.

Future-Proof Your Career

With a wide range of job opportunities, from internships to full-time positions, The Hartford offers a path for everyone. Whether you’re just starting out or looking to take your career to the next level, we provide the tools and support needed to succeed. Our benefits package is designed to ensure that our team members are well taken care of, not only at work but in all aspects of life.

Explore Job Opportunities and Internships

Whether you're polishing your resume, preparing for an interview, or seeking to enhance your employment experience, The Hartford has a position to match your skills and ambitions. We are continuously hiring and looking for new talent to join our thriving team.

Stay Connected

Join Our Team Search open positions that match your skills and interest at The Hartford. We look for passionate, curious, creative, and solution-driven team players.

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Learn more about The Hartford Financial Services Group, Inc
Size
18,500 employees
Market Cap
$24.1 billion
Industry
Net Income
$1.7 billion
Founded
1810
5 Year Trend
+6.5%
Revenue
$20.5 billion
NASDAQ

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