Senior Compensation Analyst

Posted 8 Days Ago
Be an Early Applicant
Hiring Remotely in IN, USA
Remote
86K-130K Annually
Senior level
Fintech • Insurance
The Role
Lead annual merit and off-cycle compensation processes, manage incentive and recognition programs, perform market pricing, salary structure maintenance, pay equity analysis, configure MarketPay and Workday modules, consult with leaders and HRBPs, design compensation education and toolkits, ensure compliance, and lead complex compensation projects.
Summary Generated by Built In

At EMC, we’re all about working together to make an impact. As part of our team, you’ll have the opportunity to grow, contribute, and gain experience that matters. We strive to be caring leaders, close partners, and responsive experts—always supporting each other to do our best work. Join us, and let’s improve lives together.

  

** This role collaborates heavily with Central Time teams. We’re open to U.S. applicants whose working hours are within one hour of Central Time.**

Essentials Functions:

  • Leads annual merit and off-cycle compensation processes, including data validation, testing and reporting.

  • Supports full life cycle incentive and recognition programs.

  • Proactively meets with leaders and HRBPs to understand workforce plans, talent needs, and financial constraints for assigned business units.

  • Presents recommendations with clear trade‑offs, ROI, and risk/compliance considerations.

  • Monitors outcomes and feedback; iterates programs and guidelines to improve fairness, competitiveness, and simplicity.

  • Conducts market pricing and program prevalence analysis of base pay, incentive, recognition and other programs.

  • Performs analysis and maintenance of salary structures and geographic pay zones.

  • Designs and delivers compensation education for HRBPs, Talent Acquisition, and people leaders on compensation principles, program changes, and market trends.

  • Develops and supports manager toolkits and communication materials for total rewards.

  • Leads complex compensation projects, performs detailed analysis, and presents recommendations.

  • Provides compensation consulting for assigned departments (director level and below).

  • Leads the creation, revision, and governance of job descriptions to ensure strong job architecture.

  • Guides job evaluations, communications evaluation outcomes, and provides recommendations on pay implications.

  • Configures and maintains MarketPay and Workday compensation modules. Identifies opportunities for automation and process improvement.

  • Ensures compliance with compensation laws, regulations, and internal controls, including FLSA exemption analysis and pay transparency requirements.

  • Performs pay equity analysis as applicable.

Education & Experience:

  • Bachelor’s degree in business or related field or equivalent relevant work experience

  • Five years of experience in compensation or related experience

  • Experience in the insurance industry preferred

Knowledge, Skills, & Abilities:

  • Excellent knowledge of compensation terminology, market pricing, and compensation compliance

  • Strong knowledge of compensation management in HRIS, preferably Workday

  • Excellent communication, presentation, and stakeholder management skills

  • Ability to elicit relevant information and make recommendations

  • Advanced Excel skills; experience with MarketPay and Workday a plus

  • Excellent analytical skills and attention to detail

  • Ability to manage multiple priorities in a fast-paced environment

  • Collaborative mindset with strong business acumen

The hiring salary range for this position will vary based on geographic location, falling within either of the following:

$85,799 - $118,545 or $94,826 - $130,394

A hiring range represents a subset of the full salary range. The actual salary will depend on several factors, including relevant education, skills, and experience of an applicant, geographic location, and business needs.



For information relating to the benefits EMC Team Members receive as part of a comprehensive rewards package, please visit www.emcins.com/careers.

Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.

All of our locations are tobacco free including in company vehicles.

Skills Required

  • Bachelor's degree in business or related field or equivalent relevant work experience
  • Five years of experience in compensation or related experience
  • Experience in the insurance industry
  • Strong knowledge of compensation management in HRIS
  • Experience with Workday
  • Experience with MarketPay
  • Advanced Excel skills
  • Excellent knowledge of compensation terminology, market pricing, and compliance
  • Experience performing pay equity analysis
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The Company
HQ: Des Moines, IA
1,794 Employees
Year Founded: 1911

What We Do

EMC Insurance Companies is among the top 60 insurance organizations in the country based on net written premium, and we have more than 2,500 employees. The company was organized in 1911 to write workers’ compensation protection in Iowa. Today, EMC provides property and casualty insurance products and services throughout the United States and writes reinsurance contracts worldwide. Operating under the trade name EMC Insurance Companies, Employers Mutual Casualty Company and one or more of its affiliated companies is licensed in all 50 states and the District of Columbia.

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