Compensation Associate at CNA

| Chicago, IL
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About CNA
At CNA, we focus on what we do best - providing insurance solutions that allow our customers to better manage their risks and grow profitably. We use our expertise to continually evolve our products and services to anticipate and address our customers' needs. Our broad portfolio enables us to respond to a wide range of business risks while focusing on the specialized needs of our insureds in construction, manufacturing, technology, healthcare, professional services, financial institutions and small business.
Job Summary
Under broad supervision, the Compensation Associate provides analytical and other professional level support to the compensation function. This position is a key member of the Compensation team which manages the design and implementation of executive and broad-based compensation activities for the enterprise. This position contributes to fostering consultative solutions for various business needs and initiatives.
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
  1. Participates in the job analysis processes and performs base salary and variable pay administration and audits.
  2. Assists in the implementation and administration of various compensation software applications and may provide applicable training and support to end-users.
  3. Runs standard report queries and assists in creating and administering customized reports for management.
  4. Compiles monthly accrual supporting documentation for accounting.
  5. Assists with quarterly internal control testing procedures.
  6. Performs activities related to market data research and salary survey submissions.
  7. May be the designated contact for a specific area of compensation administration.
  8. May participate in special projects (e.g., merit increase budgeting and planning, salary range maintenance, etc).
  9. Provides support to Compensation Consultants on ad hoc projects and requests from supporting business units
  10. Processes payments within compensation software applications.

May perform additional duties as assigned.
Reporting Relationship
Typically Manager or above
Skills, Knowledge & Abilities
  1. Basic technical knowledge of compensation theory, practices and applicable laws.
  2. General knowledge of human resources theory and practice, the insurance industry and the organization.
  3. Ability to work with and maintain confidential information.
  4. Good interpersonal, verbal and written communication skills. Ability to work independently and effectively interact with internal and external business partners.
  5. Good analytical and organizational skills.
  6. Ability to exercise independent judgement and work effectively under pressure.
  7. Strong knowledge of Microsoft Office Suite and other business-related software and basic knowledge of compensation software applications.

Education & Experience
  1. Bachelor's degree or equivalent.
  2. Typically up to two years related work experience.
  3. Completion of course work towards CCP preferred.
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What are CNA Perks + Benefits

CNA Benefits Overview

One of the many advantages of working at CNA is the benefits program we offer you and your eligible dependents,
beginning on the first day of your employment. The program features a variety of plans that provide health care
benefits, well-being, disability and survivor protection, and 401(k) savings, among others. Below are highlights
of the offerings.

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Open door policy
Team owned deliverables
Group brainstorming sessions
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Diversity Employee Resource Groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Relocation Assistance
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Diversity Program
Lunch and learns
Online course subscriptions available
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