Nationwide Insurance

Sr. Consultant, Compensation

Nationwide Insurance$138K — $206K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in compensation or related HR field.
  • Bachelor's degree in business administration, human resources, or psychology.
  • Possession of Certified Compensation Professional (CCP) designation preferred.
  • Deep analytical skills in compensation analysis and program management.
  • Ability to advise and influence senior executive leadership.

Responsibilities

  • Develop and manage compensation strategies for associates and executives.
  • Build trusted relationships to influence pay decisions and outcomes.
  • Provide data-driven analysis and innovative recommendations for compensation.
  • Ensure job valuations align with market data and internal equity.
  • Lead annual compensation planning processes including merit and incentive designs.
  • Collaborate with Recruiting on compensation activities for new hires and promotions.
  • Stay current on compensation trends and compliance legislation.

Benefits

  • Comprehensive medical/dental/vision insurance.
  • Life insurance and disability coverage.
  • Generous paid time off policy starting at 18 days annually.
  • 401(k) with company match and a company-paid pension plan.
  • Business casual dress code and flexibility with work hours.
Full Job Description
The Sr. Consultant, Compensation will support Property and Casualty (P&C) as well as Nationwide Financial (NF) lines of business.

The preferred candidate will be:
  • Versatile, relationship-oriented professionals with expansive technical skills and understanding of evolving market conditions
  • Committed to providing actionable guidance to help HR and business partners make informed pay decisions and achieve success.
  • Delivers data driven recommendations while balancing consistency across Nationwide.


This will be a hybrid work schedule.

#LI-CP1

Job Description Summary
Do you thrive where you can build a strong corporate culture, develop and lead strategic initiatives, lead an HR team, and support associates developing to their fullest potential? At Nationwide, our Corporate Compensation team understands the business and collaborates with our Human Resources partners and leaders to help the business grow.

As Senior Consultant in Compensation, you will lead compensation consulting for a large business segment of the company. As a critical partner to Human Resources (HR) business partners and business leadership, you'll own the design, development and execution of all compensation, variable rewards programs and initiatives for executives and associates, ensuring alignment with the mission, values and business strategy. If you have a proven background in compensation and a passion for collaboration, analysis, leading, and producing results in an effective and efficient manner and are able to display confidence, accountability, and resilience in a high pace environment, this job is for you!

Job Description

Key Responsibilities:
  • Develops, implements and manages compensation philosophy and programs for associates and executives.
  • Builds and maintains a trusted advisor relationship with HR and leaders to influence and impact compensation outcomes. Counsels on pay decisions, incentive plans, compensation practices and interpretation of policies and guidelines. Directs the annual compensation planning process which includes merit process, review and design of incentive plans.
  • Champions an innovative and agile approach to work. Guides the decision-making process and outcomes by providing detailed analysis/models, creative/innovative recommendations, and advice to leaders and HR partners.
  • Ensures that jobs are appropriately valued based on external market data and internal equity. Leads the development and administration of a compensation salary survey database of external wage rates and programs and may participate in salary survey group meetings as needed.
  • Develops, delivers and implements compensation-related communications and initiatives to drive continued education and transparency for all facets of compensation for both HR and business leaders.
  • Collaborates with Recruiting to support and guide leaders on compensation-related activities including strategic new hire offers, promotions, etc. Recommends offer components including base, short- and long-term incentives, and replacement compensation.
  • Elevates the proficiencies of the organization by staying current and sharing knowledge on key trends, as well as networking with compensation professionals in other companies and professional organizations to stay abreast on effective practices and emerging issues.
  • Stays up-to-date on current legislation to support compliance with applicable employment-related federal and state statutory requirements regarding employee pay. Presents and discusses these findings with the team and partners.
  • Leads sophisticated projects with potential for significant and long-term impact. Authorizes, prioritizes and leads projects across departments and business units. Represents the company on task forces, committees and project assignments.
  • May serve as a member of the Compensation leadership team, providing input to strategy development and planning, and implementing the overall strategy.
  • May hire and develop talent, provide consistent mentoring and feedback.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Associate Vice President; may lead a team of up to three compensation professionals; may also manage others in matrix reporting relationship.

Typical Skills and Experiences:

Education: Undergraduate studies in areas such as business administration, human resources and psychology or graduate level studies in business or industrial psychology.

License/Certification/Designation: Certified Compensation Professional (CCP) designation preferred.

Experience: Ten years of progressively more responsible human resource management responsibility. Must have deep experience in one or more HR technical/specialty areas, including six years in a compensation-related field.

Knowledge, Abilities and Skills: Sophisticated analytical skills with experience in compensation analysis, crafting and implementing variable compensation programs, completing job evaluations at all levels, administration of market survey and compensation administration, and program impact related to short-term and long-term business results. Uses appropriate methods to solve difficult problems with effective solutions, probes all available sources for answers, can see hidden problems and looks beyond the obvious for viable solutions.

Consultative and collaboration skills to persuade all levels of leaders, including senior executive officers. Strong communication skills, including demonstrated facilitation skills. Strong eye for business to proactively assess organizational issues and trends that translate to potential impacts on business.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager's leader and HR Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values.

Job Values:

Overtime Eligibility: Not Eligible (Exempt).

Working Conditions: Normal office environment. Occasional travel. Non-standard or extended work may be required based on project needs.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

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NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Sr Consultant, Compensation : $138,000.00-$243,000.00

The expected starting salary range for Sr Consultant, Compensation : $138,000.00 - $206,000.00

About Nationwide Insurance

Nationwide Mutual Insurance Company & Affiliated Companies is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. Nationwide has grown from a small mutual auto insurer owned by policyholders to one of the largest insurance and financial services companies in the world, with more than $158 billion in statutory assets.

Nationwide Insurance Careers

Join the Nationwide Insurance team today and be part of a company that values innovation, leadership, and diversity. As one of the leading insurance and financial services providers, Nationwide offers unparalleled job opportunities that foster professional growth and development. Work You’ll Do At Nationwide Insurance, you’ll contribute to projects that impact lives and help communities thrive. You’ll work alongside a team of experts dedicated to upholding the highest standards in insurance and financial services. Our culture is built on a foundation of respect and integrity, driving us to achieve excellence in everything we do. Nationwide Insurance is not just about insurance; it’s about fostering an environment of continuous growth and innovation. With a variety of career paths available, from customer service to claims management, each position offers the chance to make a significant impact. Join Our Market-Leading Team Nationwide Insurance is home to some of the most dedicated professionals in the industry. Our team benefits from leadership that is committed to personal and professional development, ensuring that every employee has the opportunity for career advancement and skill enhancement. Innovate with Us Embrace the opportunity to work on groundbreaking projects that set industry standards. Nationwide’s commitment to innovation means constantly seeking out new ways to improve our services and processes, benefiting both our customers and our team members. Internship and Employment Opportunities Start your career with Nationwide Insurance through our internship programs or dive straight into a fulfilling career with vast employment opportunities. We are looking for passionate, curious, and driven individuals ready to make a difference in the insurance industry. Diversity and Inclusion At Nationwide, diversity and inclusion are more than just words—they are principles guiding how we build our teams, cultivate leaders, and create a company that’s the right fit for every person inside of it. We offer diversity training and resources that promote an inclusive workplace. Benefits and Culture Nationwide Insurance is committed to supporting our team members’ well-being both inside and outside of work. Our benefits package includes comprehensive health care, retirement plans, and generous paid time off. More than just benefits, our company culture encourages networking, mentorship, and community involvement. Career Development Invest in your future with Nationwide Insurance’s career development programs. From resume and interview workshops to advanced leadership training, we provide the tools to help you succeed and advance within the company. Stay Connected Join Our Team Explore the various positions available at Nationwide Insurance that match your skills and interests. We are continuously hiring and looking for new talent to join our professional network. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights—all from the people who work at Nationwide Insurance. Job Alert Emails Customize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the exciting and rewarding career opportunities that await at Nationwide Insurance. Join Nationwide Insurance today and be part of a team that is dedicated to making a difference in the lives of our customers and communities.
Learn more about Nationwide Insurance
Size
28,000 employees
Industry
Founded
1925

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