Principal Compensation Analyst

Posted 2 Days Ago
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Mountain View, Vail, AZ
Mid level
Insurance
The Role
The Principal Compensation Analyst at Independence Pet Holdings will develop and execute compensation projects, influencing senior stakeholders while ensuring alignment with the Total Rewards philosophy. They will manage sales and bonus structure benchmarking, oversee communications planning for Total Rewards, and provide advisory support for client groups on job leveling and offers.
Summary Generated by Built In

Established in 2021, Independence Pet Holdings is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America.

 

We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents. Our multi-brand and omni-channel approach include our own insurance carrier, insurance brands and partner brands. 

Established in 2021, Independence Pet Holdings (IPH) is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America.

We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents. Our multi-brand and omni-channel approach include our own insurance carrier, insurance brands and partner brands. 

Job Summary:

IPH is seeking a Principal Compensation Analyst who will report to the Sr. Director, Total Rewards at IPH. The Principal Analyst is a highly skilled individual contributor with expertise in Sales Compensation Strategy, executive compensation and strategic compensation practices. The ideal candidate is curious with strong business acumen, a relationship builder with the ability to influence senior stakeholders, and an analytical thinker that dives deep into problem solving.

This will be a key role in helping the business grow with M&A, benefits and compensation projects that require strategic insight and collaboration across multiple groups. This role is part of Total Rewards developing and managing the successful execution of compensation projects including leading communication initiatives out of the Total Rewards function with partnership of marketing and communication. 

The role requires being well-versed and experienced in all benefits and compensation elements with strengths in project management, business case development for change, and a holistic approach on aligning the Total Rewards philosophy with our mission at IPH.

The Principal Compensation Analyst must be an agile strategic thought partner interacting with the HR Leadership team and other internal departments, demonstrating expertise, professionalism, dedication, and empathy. Receptive to growth and change, the candidate thrives in dynamic environments, always remaining positive, professional, and solutions oriented.

Job Location: Remote – Arizona, Texas, Illinois

Main Responsibilities: 

  • Assist in benchmarking and determining the best way to set up the sales and bonus structures for the customer service teams, insurance processors, and claims adjusters plus any additional sales functions.

  • Assist in communications planning to ensure all Total Rewards communications have a consistent messaging aligned with the compensation philosophy.

  • Act as a trusted advisor to a client group assigned supporting client group through offers and job leveling as necessary and providing a sounding board for total rewards advice.

  • Propose and present ideas effectively, in writing and verbally to influence decisions, senior decision makers, and outcomes within tight timelines.

  • Use data and analysis to help create business case for change and to model competitive assessment dashboards to ensure we are market competitive in our pay practices.

  • Assist in supporting executive compensation and survey submissions.

  • Assist in Managing Canada Benefits for renewal and strategic design partnering with broker to ensure all compliance is met for the country.

Qualifications: 

  • Bachelor's Degree in Business Administration or Human Resources or related field.

  • 10+ years of experience in Compensation Design, Benefits Design, or Sales Incentive Compensation Design (CCP is a plus)

  • 10+ years working in an analytic capacity with data modeling for compensation and benefits or executive compensation with experience in Microsoft Excel, Tableu, or Workday Advanced Compensation

  • Experience in implementing, documenting, refining Total Rewards policies and documentation

Preferred Qualifications: 

  • Master's Degree

  • Excellent communications skills

  • Strong analytical and project management skills

  • Strategic mindset, with ability to make difficult decisions

  • Experience in pet industry is a strong asset

#li-Remote

#IPH

All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements. Some offerings are dependent upon the location of where you work and can include the following:

  • Comprehensive full medical, dental and vision Insurance
  • Basic Life Insurance at no cost to the employee
  • Company paid short-term and long-term disability
  • 12 weeks of 100% paid Parental Leave
  • Health Savings Account (HSA)
  • Flexible Spending Accounts (FSA)
  • Retirement savings plan
  • Personal Paid Time Off
  • Paid holidays and company-wide Wellness Day off
  • Paid time off to volunteer at nonprofit organizations
  • Pet friendly office environment
  • Commuter Benefits
  • Group Pet Insurance
  • On the job training and skills development
  • Employee Assistance Program (EAP)
The Company
Chicago,, IL
13 Employees
On-site Workplace
Year Founded: 2021

What We Do

Established in 2021, Independence Pet Holdings is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services across insurance, pet education, lost recovery services, and beyond across North America.

As a leading authority in the industry, we operate with a full stack of resources, capital, and services that support a multi-brand and omni-channel approach. We operate our own insurance carrier and partner successfully with other carriers, as needed. We believe that pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets

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