Manager of Compensation

Job Description

Job Title: Manager – Compensation

Location: Remote or Hybrid, on-site at our Studio Park Corporate HQ offices in Grand Rapids, MI

About Acrisure

Acrisure is a global Fintech leader that combines the best of humans and high tech to offer multiple financial products and services to millions of businesses and individual clients. We connect clients to solutions that help them protect and grow what matters, including Insurance, Reinsurance, Cyber Services, Mortgage Origination and more.

Acrisure employs over 17,000 entrepreneurial colleagues in 21 countries and have grown from $38 million to $4.3 billion in revenue in just over ten years. Our culture is defined by our entrepreneurial spirit and all that comes with it: innovation, client centricity and an indomitable will to win.

Job Description:

The Manager of Compensation performs exceptional work to ensure that compensation costs align with the organization's culture, philosophy, and objectives. This position’s contributions include benchmarking, developing compensation strategies, auditing, managing survey data, informing rewards programs, and making recommendations.

A primary focus of this role is sales compensation and incentives – programs that reinforce business and growth strategies, desired selling behaviors, and reflects that nature of unique sales roles.

This role is reports to the Sr. Director – Compensation.

Key Responsibilities:

• Foster relationships with internal stakeholders, including senior leaders, by establishing robust business relationships and working collaboratively with cross-functional teams.

• Research compensation trends and compare Acrisure's pay to others in the same industry and region.

• Benchmark the organization's pay elements against the most appropriate comparators.

• Inform strategies to ensure that compensation packages and policies align with the organization's goals. 

• Conduct audits to ensure legal compliance.

• Manage compensation survey data, including data analysis.

• Inform specific rewards and incentive programs for the organization. Determine the right incentives to engage and motivate workforce segments. 

• Make recommendations for pay programs, structures, policies, and practices.

• Assist in job evaluations and salary surveys to ensure accurate and up-to-date compensation data.

• Help administer compensation plans, including salary structures, variable incentive programs, and sales commission plans.

• Collaborate with HR and management to develop and implement compensation strategies.

• Ensure compliance with all relevant laws and regulations related to compensation.

• Provide guidance and decision support to managers and employees on compensation-related matters.

• Lead and mentor members of the Compensation team, providing guidance and support to ensure team success.

Qualifications:

• Minimum of 5 years of experience in compensation management and administration.

• Bachelor’s degree in Human Resources, Business Administration, or a related field.

• Proven experience in compensation analysis, market research, and benchmarking.

• Strong analytical skills with the ability to interpret complex data.

• Excellent communication and interpersonal skills.

• Proficiency in HRIS and compensation management software.

• Knowledge of relevant laws and regulations related to compensation.

• Ability to work independently and as part of a team.

Benefits & Perks:

• Competitive Compensation

• Industry Leading Healthcare

• Savings and Investments

• Charitable Giving Programs

• Offering hybrid work option

• Opportunities for Growth

• Parental Leave

• Generous time away

Acrisure is committed to making an impact in our communities by giving back, with millions committed to children’s health with Helen Devos Children’s Hospital and UPMC Children's Hospital of Pittsburgh.

For more, visit www.Acrisure.com or learn more here.

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Pay Details:

: $0 - $0

Acrisure is committed to employing a diverse workforce. All applicants will be considered for employment without attention to race, color, religion, age, sex, sexual orientation, gender identity, national origin, veteran, or disability status. California residents can learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy available at www.Acrisure.com/privacy/caapplicant.

Acrisure is equally committed to supporting social issues. In 2021, the Company co-founded Evolution Advisors, a joint venture focused on providing greater access and more effectively distributing insurance products and financial services to minority-owned enterprises. In its home of Grand Rapids, Acrisure provided $15 million to create the Acrisure Center for Innovation in Children’s Health at Helen DeVos Children’s Hospital.

To Executive Search Firms & Staffing Agencies: Acrisure does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Acrisure’s property, and Acrisure will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Acrisure’s Human Resources Talent Department.