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IAT Insurance Group · 14 hours ago

Compensation Strategist

Charlotte, NC

Full-time

Hybrid

Senior Level, Lead/Staff

8+ years exp

IAT Insurance Group is the largest private, family-owned property and casualty insurer in the U.S. They are seeking a Compensation Strategist to manage and enhance the organization's compensation programs, administer compensation initiatives, and provide subject matter expertise in salary structure design and job pricing.

CommercialFinanceFinancial ServicesInsuranceInsurTech

Comp. & Benefits

No H1B

Hiring Manager

John Gard

Responsibilities

Participates in salary and benefit surveys and annually updates job specific market rates in accordance with the Company’s market pricing strategy

Performs job evaluation and market pricing for new jobs and annually for existing jobs

Assists in the development of compensation budgets. Tracks employee compensation costs against pre-set budget

Administers the annual Total Cash Compensation Planning program in conjunction with payroll to include system design and set-up and various management roll up reports used to allocate base salary increases as well as bonus and incentive compensation

Performs various compensation analyses to build compensation budgets, provide compensation, and determine internal and external pay equity

Partners with management, HR Stakeholders and others to develop and communicate compensation programs

Conducts appropriate employee training, to include Compensation Philosophy Training for managers and employees and any related systems training

Leads all system updates for employee Total Rewards Statements and communication

Oversees the Company recognition program

Perform other duties as needed

Qualification

Compensation Program DesignCompensation AnalysisJob EvaluationSalary Structure DevelopmentIncentive Plan DesignHRIS ProficiencyProject ManagementWorkday ExperienceCommunication SkillsProblem-Solving SkillsCollaboration Skills

Required

Bachelor's degree with 8 years of related experience or equivalent

Equivalent is defined as 12 years of relevant experience

Relevant experience includes the following: Compensation Program Design and Administration, Compensation Analysis, Job Evaluation/Market Pricing, Salary Structure Development and maintenance, Compensation Communication, Incentive Plan Design and administration, Project Management, Proficiency with HRIS systems

Excellent verbal and written communication skills

Demonstrated ability to partner and collaborate with HR peers and business stakeholders

Advanced problem-solving skills required to research, analyze and troubleshoot data, process and workflow issues and the initiative to take action and bring issues to the forefront

To qualify, applicants must be authorized to work in the United States and must not require VISA sponsorship, now or in the future, for employment purposes