Sr Compensation Analyst In India Virtual

Sr Compensation Analyst

R-104803

Compensation Staff

09 August 2024

Senior Compensation Analyst || Assurant-GCC, India

The Senior Compensation Analyst is a key player in analyzing and implementing the organization's compensation philosophy, programs, policies, and structures. You will be responsible for creating compensation analyses and models to understand our compensation program trends and opportunities better. You will be a key partner to our internal stakeholders (Business leaders, People Organization, Finance, Legal, etc.) to address compensation-related questions, concerns, regulations, and resolutions. Additionally, this role is critical in establishing and maintaining market-competitive compensation practices,
both broad-based and sales incentive programs, that attract and retain growing talent.

Serve as primary resource for compensation analyses globally, including but not limited to budget modelling, accruals, trend analysis, competitive benchmarking, custom research in response to evolving market trends and/or PBP and executive requests.

Design and develop analytical models that assess the competitiveness and effectiveness of existing and proposed compensation programs. Conduct custom analyses and create executive-ready presentations with your findings and proposals. Support the Director of Compensation with advisory and research.

Support market data benchmarking and pay equity practices including but not limited to data submission, matching philosophy, external vendor optimization.

Collaborate with Finance on matters such as compensation budgeting, accruals and reconciliations, and contribute to responses to control functions (e.g., Audit, Legal,
Risk) related to compensation.

Provide support to the broader compensation and executive compensation team on a variety of projects and requests including but not limited to modeling, benchmarking, an