Sr. Compensation Analyst

Posted 23 Days Ago
Be an Early Applicant
Wayne, PA
80K-125K Annually
Mid level
Fintech • Payments • Financial Services
The Role
As a Sr. Compensation Analyst, you will support the HR team in compensation analysis, manage compensation programs, coordinate data submission, and conduct analyses to ensure effective reward structures for employees. You'll also assist with year-end planning, communication with parent company's compensation team, and respond to compensation trends in the asset management industry.
Summary Generated by Built In

HR Consultant - 87HG5E

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

Overview of the role:

Hartford Funds has an exciting opportunity to join the Human Resources team as a Sr. Compensation Analyst. In this role, you will help support the business in the in the areas of compensation, reporting and data analysis to ensure compensation and other HR programs effectively recognize and reward both company and individual performance and impact.

Responsibilities:

  • Lead compensation survey submission and review process
  • Liaise with The Hartford’s (parent company) compensation team regarding on-going compensation and benefits programs, communications, and compensation best practices
  • Coordinate employee changes and compensation administration with Workday team
  • Gather data from market-based compensation surveys; assess results and market trends
  • Manage all administrative elements of the long-term incentive (LTI) program with the third-party stock plan administrator, payroll, and other parent company counterparts
  • Assist with year-end compensation planning (merit, bonus and LTI) efforts including testing and administration of relevant systems
  • Create and update education materials associated with Hartford Funds’ recognition and reward programs
  • Perform ad hoc reporting for the HR team and business, including compensation history and other HR related metrics
  • Identify and address emerging compensation trends for the asset management industry 
  • Assist with the design and administration of sales compensation plans
  • Partner and consult with business and HRBP’s to analyze salary and incentive programs aligned with competitive conditions and business objectives
  • Conduct competitive analyses as necessary to ensure the on-going integrity of existing structures, policies, and practices
  • Coordinate annual pay equity analysis
  • Maintain a database of HR responses to RFP requests and coordinate with the RFP team on data requested

Qualifications: 

  • A minimum of three years of broad-based compensation, sales compensation or related experience required
  • Experience with Workday required
  • Asset management industry experience strongly preferred
  • Strong consultative skills, able to gain trust and confidence
  • Ability to manage multiple projects, while delivering results
  • Demonstrated teamwork and collaboration skills
  • Strong analytical skills required
  • Knowledge of regulations and issues impacting compensation
  • Excellent verbal, written, presentation and interpersonal communication skills
  • Strong business acumen to assess applicability, benefits, and challenges of various compensation structures
  • Bachelor’s degree

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$80,000 - $125,000

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits

Top Skills

Workday
The Company
HQ: Hartford, Connecticut
20,002 Employees
On-site Workplace
Year Founded: 1810

What We Do

Human achievement is at the heart of what we do. We put our belief into action by not only ensuring individuals and businesses are well protected, but by going even further – making an impact in ways that go beyond an insurance policy

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