Manager, Total Rewards

Reposted 8 Days Ago
Be an Early Applicant
Milwaukee, WI
In-Office
107K-182K Annually
Senior level
Fintech • Insurance
The Role
Lead the Total Rewards practice, manage benefits and compensation administration, ensure compliance with regulations, and develop team skills.
Summary Generated by Built In

Why work at MGIC?
Are you someone who wants to play a critical role in our company’s success? Do you enjoy solving puzzles and finding a better way to get things done? Are you someone who likes to Take The Lead and make an impact? If so, then imagine yourself at MGIC. At MGIC we are a team of dedicated professionals on a fearless mission. A team that fosters a culture of career development and continuous learning opportunities to help you rise to new heights. We are passionate about providing outstanding customer service and making a difference in our community. #WeAreMGIC

PURPOSE

Leads the Total Rewards practice for the organization including evaluating and evolving our total rewards strategies and programs and compliance with company policies and external regulations. Partners with key business partners in HR and across the organization to design and implement total reward programs that support business objectives.

PRINCIPAL DUTIES AND RESPONSIBILITIES

The following statements describe the general nature of work performed by people assigned to this job and are not intended to be a complete list of all job duties.

  • Manages and develops a team of co-workers with a diversity of skills and experience levels.  Provides work direction and monitors overall productivity and work quality. Ensures staff is knowledgeable and cross-trained, encourages self-development, and promotes team participation. 
  • Direct all aspects of benefits administration and program development for health plans, retirement plans, time off programs, corporate wellness programs and other ancillary benefit programs. Works with CHRO to prepare program strategy recommendations for senior leadership.
  • Works with outside consultants, actuaries, and attorneys regarding benefits strategy, plan design changes, legal interpretations, funding, valuations, and communications.
  • Manages contract negotiation and renewals, oversight of vendors and plan fiduciary responsibility regarding administrative and operational issues. Ensures compliance with all federal and state laws and regulations, particularly with ERISA, HIPAA, IRS and SOX requirements.
  • Directs all aspects of compensation administration and incentive programs. Prepares analysis and recommendations to Senior Leadership.
  • Provides support to HR Leadership regarding administration of executive compensation and assists with materials for the Management Development Committee of the Board of Directors.
  • Analyzes business processes and issues. Identifies, establishes, and manages policies, procedures and standards to enhance efficiency and work quality.
  • Develops solutions to problems with consideration for department and company goals and direction.
QUALIFICATIONS
  • Minimum of 8 years of experience in Human Resources, including progressive responsibility in people leadership
  • Experience in designing, implementation and administration of total rewards programs
  • Project management experience including the process from RFP to implementation
  • Knowledge of employee benefits law and regulations

Pay Range:


$107,300.00 - $182,410.00

This range aligns with current market data and reflects our commitment to competitive and equitable compensation. Salary offers are based on factors such as experience, skills, education, and training. The range may vary in certain locations to reflect local market conditions. It is not typical to initiate pay at the top of the range to account for internal equity and allow for future and continued salary growth


Enjoy these benefits from day one:
• Competitive Salary & pay-for-performance bonus
• Financial Benefits (401k with company match, profit sharing, HSA, wellness program)
• On-site Fitness Center and classes (corporate office)
• Paid-time off and paid company holidays
• Business casual dress

For additional information about MGIC and to apply, please visit our website at www.mgic.com/careers.

Note to all recruitment agencies:
MGIC does not accept unsolicited agency resumes. Any unsolicited resumes sent to MGIC, directly or indirectly, will be considered MGIC property. MGIC is not responsible for any agency fees associated with unsolicited resumes. A recruiting agency must have a valid, written and fully executed agency agreement to assist with a requisition.

 

Top Skills

Benefits Administration Systems
Hr Software
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The Company
HQ: Milwaukee, WI
1,100 Employees
Year Founded: 1957

What We Do

MGIC is a private insurance company offering insurance on real estate mortgages.

At MGIC, we are committed to helping our customers succeed.

Affordable homeownership remains a cornerstone of a strong and vibrant community. As the pioneer of the modern private mortgage insurance industry, Mortgage Guaranty Insurance Corporation (MGIC), the primary subsidiary of MGIC Investment Corp., has supported lenders and their communities since 1957 by providing a prudent means of offering affordable, low-downpayment home financing options. #WeAreMGIC

MGIC is the principal subsidiary of MGIC Investment Corporation, headquartered in Milwaukee, Wisconsin and serves lenders throughout the United States, Puerto Rico and other locations.

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