Compensation Analyst

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Parsippany, NJ
In-Office
Logistics • Productivity • Software • Transportation • Business Intelligence
The Role

Overview:

Good things are happening at our company! We are a leading provider of Property & Casualty insurance products and services, offering coverage through a nationwide network of independent agents and brokers. Our organization is financially strong, highly rated by AM Best, and committed to delivering top-tier service to our policyholders.

Headquartered in the Northeast, we employ over 1,000 individuals (and growing) and have offices across the country. Our vision is to be the leading small business insurance provider nationwide.

Job Description:

The Compensation Analyst will focus on the planning, administration, and implementation of job evaluation, wage, and salary programs while also assisting with payroll processing. This position may be based out of Wilkes-Barre, PA, Philadelphia, PA, or Parsippany, NJ.

Key responsibilities include:

  • Researching compensation policies and plans to ensure the organization’s offerings are current, cost-effective, and competitive.
  • Conducting data and cost analyses to compare compensation plans.
  • Evaluating position descriptions to determine classification and salary recommendations.
  • Performing market survey research to analyze compensation trends and conducting equity studies.
  • Collaborating with the Head of HR and department supervisors to perform job evaluations.
  • Designing and preparing reports summarizing research and analysis, then presenting recommendations to HR leadership and executives.
  • Ensuring that the organization’s pay practices comply with federal and state laws and regulations, including workers’ compensation, minimum wage, overtime, and equal pay laws.
  • Reviewing, analyzing, and verifying payroll reports and documents for accuracy.

Preferred Knowledge & Skills:

  • Minimum of 3 years of experience in compensation and payroll processing is preferred.
  • Bachelor’s degree in Business, Mathematics, or a related field preferred.
  • Experience providing compliance, policy, and procedural support in a corporate setting.
  • Proficiency in Microsoft Office applications, especially Excel, is required.
  • The successful candidate is expected to work in one of our offices at least 3 days per week.

Benefits:

We are an equal opportunity employer that strives to maintain a work environment that is welcoming and enriching for all. You’ll be surprised by all we have to offer!

  • Competitive compensation
  • Healthcare benefits package that begins on the first day of employment
  • 401K retirement plan with company match
  • Generous paid time off to support work-life balance plus 9 ½ paid holidays
  • Up to 6 weeks of parental and bonding leave
  • Hybrid work schedule (3 days in the office, 2 days from home)
  • Longevity awards (every 5 years of employment, receive a generous monetary award to be used toward a vacation)
  • Tuition reimbursement after 6 months of employment
  • Numerous opportunities for continued training and career advancement
  • And much more!

If you are an experienced compensation professional looking for an exciting opportunity, we encourage you to apply and become part of our growing team!


 

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