Location: Palo Alto, CA (hybrid)
NEXT’s mission is to help entrepreneurs thrive. We’re doing that by building the only technology-led, full-stack provider of small business insurance in the industry, taking on the entire value chain and transforming the customer experience.
Simply put, wherever you find small businesses, you’ll find NEXT.
Since 2016, we’ve helped hundreds of thousands of small business customers across the United States get fast, customized and affordable coverage. We’re backed by industry leaders in insurance and tech, and we still have room to grow — that’s where you come in.
What You’ll Do:
- Partner closely with Next’s leadership team and the VP of People to establish, articulate, and implement a comprehensive total rewards philosophy and strategy.
- Ensure that all compensation and benefits initiatives are aligned with Next's overarching goals, fostering a high-performance culture that attracts, retains, and inspires top talent.
- Oversee the development, execution, administration, and reporting of executive compensation, incentive plans, and equity programs.
- Collaborate with the VP of People to manage matters related to the compensation committee and prepare supporting committee materials.
- Work alongside the People Leadership team and other key stakeholders to ensure total rewards programs are tailored to meet the unique needs of individual business units.
- Provide strategic leadership for global benefits offerings, including health and welfare plans, time-off policies, and leave of absence programs.
- Drive effective communication strategies for compensation, benefits, and wellness programs to enhance employee awareness and understanding.
- Utilize data and analytics to guide decision-making and evaluate the impact and effectiveness of total rewards initiatives.
What We Need:
- Established history of developing and executing comprehensive total rewards strategies in publicly traded organizations.
- Skilled in collaborating with Compensation Committees and engaging with Boards of Directors.
- In-depth knowledge of reporting requirements for public companies.
- Extensive background in the technology industry, with additional experience spanning various sectors.
- Proven ability to manage compensation programs for a globally dispersed workforce.
- Broad expertise across all aspects of total rewards, including executive compensation and employee benefits.
- Successful track record in navigating high-growth business environments.
- Advanced proficiency in data modeling and analysis.
- Experienced in building out a strong analytics function and leveraging key insights to lead transformational change across Next.
The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position in the location(s) listed. Within the range, individual pay is determined by additional factors, including, without limitation, job-related skills, experience, and relevant education or training. NEXT employees are eligible to participate in our equity incentive program and will also receive our benefits package, consisting of our partially subsidized medical plan, fully subsidized vision/dental options, life insurance, disability insurance, 401(k), flexible paid time off, parental leave and more.
US annual base salary range for this full-time position:
$225,000—$325,000 USD
Don’t meet every single requirement? Studies have shown that some underrepresented people are less likely to apply to jobs unless they meet every single qualification. At NEXT, we are dedicated to building a diverse, inclusive and respectful workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.
One of our core values is 'Play as a Team'; this means making sure everyone has an equal chance to participate and make a difference. We win by playing together. Next Insurance is an equal opportunity employer and prioritizes building a diverse and inclusive workplace. We provide equal employment opportunities to all employees and applicants of any type and do not discriminate based on race, color, religion, national origin, gender, age, sexual orientation, physical or mental disability, genetic information or characteristic, gender identity and expression, veteran status, or other non-job-related characteristics or other prohibited grounds specified in applicable federal, state, and local laws. Next's policy is to comply with all applicable laws related to nondiscrimination and equal opportunity and will not tolerate discrimination or harassment based on any of these characteristics. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
What We Do
The needs of business owners have significantly changed over the past decade, the insurance industry hasn’t. When you’re running your own business, you’re placing a huge bet on yourself. Your ideas, your passion, your blood, sweat and tears define your success. Next Insurance was created to give your business the coverage it deserves. Simple, affordable and tailored. So no matter what you do, no matter how you define success, we’re right there, next to you. Behind our groundbreaking AI-based technology there are hundreds of us. Data scientists, insurance advisors, product managers, designers & more. We are passionate about helping businesses achieve their goals & are committed to serve the needs of business owners. Even our three founders started their path as small business owners so they have been there and are committed to supporting the journey of your business.
Why Work With Us
Next Insurance is looking for explorers who are filled with curiosity, have the desire to travel the unbeaten path, and realize new heights in providing small business owners with the peace of mind to run their businesses. If you move fast, customer-focused, and willing to challenge the status quo, Next Insurance might just be your next journey.
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