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Senior Compensation Analyst

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HUB International

2mo ago

  • Job
    Full-time
    Mid & Senior Level
  • People, HR & Administration
    Accounting & Tax
  • Chicago

AI generated summary

  • You need a bachelor's degree, 4+ years of experience, analytical skills, project management abilities, and familiarity with compensation tools and HRIS. SHRM/WorldatWork certification is a plus.
  • You will evaluate jobs, analyze market competitiveness, administer compensation programs, consult with HR and business leaders, lead projects, and ensure data integrity while handling confidential information.

Requirements

  • Bachelor’s degree in business administration, human resources, or similar work history.
  • 4+ Years of experience.
  • SHRM or WorldatWork preferred, but not required.
  • Technical knowledge of Payfactors or other Compensation tool is a plus.
  • Technical Knowledge of Workday or similar HRIS tool is a plus.
  • Project management skills.
  • Analytical thinking & mathematical skills.
  • May act as a lead and performs work under minimal supervision.
  • Handles complex issues and problems and refers only the most complex issues to higher-level staff.
  • Possesses comprehensive knowledge of subject matter.
  • Required Experience: 2-5 years of relevant experience.
  • Required Travel: No Travel Required.
  • Required Education: Bachelor's degree (4-year degree).

Responsibilities

  • Evaluates jobs, documents responsibilities, and aligns to the overall job architecture strategy.
  • Participates in compensation surveys, conducts research and analysis on market competitiveness, pay equity, and compensation trends.
  • Conducts market analysis of company jobs to determine competitive positioning of the organizations’ pay programs.
  • Participates in the administration, creation, development, and maintenance, of the annual programs, such as commissions, incentives, merit, salary increase budgets, and salary structures.
  • Consults with HR Partners, Talent Acquisition team members, and business leaders on reward philosophy, market pricing, internal equity, job evaluation, broadband structures, and compensation recommendations.
  • Leads compensation related projects used to enhance programs across the organization.
  • Partners with other leaders dedicated to the implementation or process improvement of compensation programs.
  • Provides expertise in accessing, changing, maintaining, and assuring the quality of compensation and HR databases.
  • Recommends job classifications and manage the integrity across entire population to ensure compensation practices are in compliance with current regulations in all markets. Conduct job evaluations for all levels (non-exempt, exempt, managerial and executive level roles).
  • Responsible for working with highly sensitive and confidential information and maintaining the confidentiality of the information used during the normal course of business.

FAQs

What is the job title for the position being offered?

The job title is Senior Compensation Analyst.

Where is the Senior Compensation Analyst position located?

The position can be located in either the downtown Chicago office or Oakbrook, and it is a hybrid role.

What are the main responsibilities of the Senior Compensation Analyst?

The main responsibilities include evaluating jobs, conducting market analysis, advising on pay decisions, leading compensation-related projects, and maintaining compliance with compensation practices.

What qualifications are preferred for the Senior Compensation Analyst position?

Preferred qualifications include a Bachelor's degree in business administration, human resources, or a similar field, and 4+ years of relevant experience. Certifications such as SHRM or WorldatWork are preferred but not required.

What technical skills are desirable for this role?

Desirable technical skills include knowledge of Payfactors or similar compensation tools, familiarity with Workday or similar HRIS tools, project management skills, and strong analytical thinking and mathematical skills.

Who does the Senior Compensation Analyst report to?

The Senior Compensation Analyst reports to the Senior Manager of Compensation.

Is there any travel required for this position?

No, travel is not required for this position.

What type of work environment does HUB International promote?

HUB International promotes a supportive and client-focused work environment that encourages innovation, collaboration, and transformation.

How does HUB International view diversity and inclusion in their hiring practices?

HUB International is an equal opportunity and affirmative action employer, and they do not discriminate based on race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, veteran's status, or any other characteristic protected by law.

Is there a way to contact HUB International for assistance with the application process?

Yes, applicants can contact the US Recruiting Team toll-free at (844) 300-9193 or via email at USRecruiting@hubinternational.com for assistance related to the application process.

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HUB International

Finance
Industry
10,001+
Employees

Mission & Purpose

Hi, we’re HUB. We advise businesses and individuals on how to reach their goals. When you partner with us, you’re at the center of a vast network of risk, insurance, employee benefits, retirement and wealth management specialists that bring clarity to a changing world with tailored solutions and unrelenting advocacy. So you’re ready for tomorrow. About Hub International Headquartered in Chicago, Illinois, Hub International Limited (Hub) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.