Compensation Consultant

Job Summary

• Serves as the lead compensation point of contact for assigned client groups.
• Develops a deep business understanding of the client groups supported including the business model and strategy, talent objectives and compensation market practices.
• Responsible for the analysis, design, implementation and administration of competitive compensation programs that support the organization's philosophy and business needs, while ensuring wage and hour compliance.
• Conducts market research, monitors compensation trends and pro-actively identifies and addresses compensation issues in the business.
• Guides client groups/colleagues in the interpretation and administration of the organization's compensation programs and policies for optimal support of the talent objectives of the business.
• Researches compensation concerns raised by client groups/colleagues and recommends resolution on issues.

Essential Job Functions

• As a relationship-based role, develops and maintains effective, professional and consultative relationships with assigned client groups/colleagues.
• Serves as a positive change agent to improve the organization’s competitive edge, analyzes compensation problems and recommends solutions.
• Provides guidance in the interpretation and administration of compensation programs and policies with a focus on service and program design that meet client needs.
• Conducts ongoing needs analysis and prepares recommendations to client groups/senior management.
• Develops and facilitates compensation training.
• Leads/participates in complex compensation projects (that is year-end, local & global) as assigned and provides guidance to client groups/colleagues.
• Conducts job evaluations for new positions to determine appropriate salary grade.
• Evaluates and analyzes market data, determines FLSA status and maintains appropriate documentation.
• Reviews requests for the evaluation of revised job descriptions and develops recommendations.
• Participates in compensation surveys including the evaluation and determination of appropriate benchmark matches, analyzes and reports results and maintains data in compensation management systems.
• Conducts research, evaluation and analyzes internal and external market data, analyzes market trends and makes recommendations for salary structure adjustments.
• Supports executive compensation programs; acts as liaison between Zurich Corporate Center and client groups for executive compensation matters.

Education Requirements

• High school diploma or equivalent required.
• Bachelor’s degree preferred in Business or Human Resources.
• Completion of CCP certification preferred.

Experience Requirements

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• 5-7 years Compensation experience required.

Special Skill Requirement

• Strong skills/ability required in the following areas: Intermediate to advanced Excel; other Microsoft Office, HRIS, web-based applications.
• Leadership orientation.
• Consulting, collaboration and conflict resolution.
• Communication, influencing and presentation.
• Analytical, project management and financial modeling.
• Organizational, follow-up and attention to detail.
• Manage multiple priorities; meet deadlines.
• Discretion in dealing with confidential information.
• Work independently with minimal supervision, while flourishing in a team-oriented environment.
• Customer service/results oriented.
• Knowledge of compensation practices and federal/state wage and hour regulations.

Physical Actions

• This role, whether performed virtually or in an office setting, will include normal and customary distractions, noise, and interruptions.
• Sits or stands for extended periods of time, up to a full work shift.
• Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping.
• Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance.
• Listens to, interprets, and differentiates auditory information (example others speaking) at normal speaking levels with or without correction.
• Visually verifies and reads information.
• Visually locates material, resources and other objects.
• Ability to continuously operate a computer for extended periods of time, up to a full work shift.
• Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift.