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Compensation and Benefits Manager - Pekin Insurance

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    DESCRIPTION                     

    Job Title: Compensation and Benefits Manager

    Department: Human Resources

    Reports to: Vice President – Human Resources

    POSITION OVERVIEW

    The Compensation and Benefits Manager partners with the Vice President of Human Resources to provide leadership for benefits program design, vendor selection, benefit administration management and cost management. The position provides strategic support of employee relations, HRIS, organizational and talent development, and workforce planning/talent acquisition. The Compensation and Benefits Manager plans, develops, implements new and revised compensation programs, policies, and procedures to align with the company’s goals and competitive practices.

    ESSENTIAL JOB FUNCTIONS

    • Manages the administration of the overall total rewards: benefits programs, including medical, dental, 401(k), life insurance, and voluntary products
    • Administers the retirement plan, including processing any distributions, answering employee questions, and year end reports
    • Oversees and manages the development, implementation and administration of all compensation programs, such as, annual salary planning, job analysis, and recommending changes for continuous improvement
    • Oversees the participation in salary surveys and monitors salary survey data to ensure corporate compensation objectives are achieved
    • Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and corporate objectives
    • Ensures that the company’s pay structure complies with changing state and federal laws and regulations
    • Responsible for the management, oversight & administration of merit, bonus planning, and severance process
    • Partners with management to help develop promotion and retention strategies for existing employees. Identifies trends and implements new practices to engage and motivate employees
    • Provides advice to corporate staff on pay decisions, policy interpretations, and job evaluations.
    • Assists in compensation projects, including development of new and redesign of existing rewards programs by providing insight and analytical skills to evaluate impacts and effects of changes to compensation programs
    • Ensures Human Resources Information Systems (HRIS) has appropriate and accurate job titles, roles, grades, ranges, incentives, and other job specifications
    • Oversees the HRIS Analyst in the design and implementation of new HR software initiatives, as well as upgrades and fixes to existing tools
    • Oversees the payroll function including time management within the HRIS system
    • Consults with the Vice President – Human Resources on compensation and benefits matters, including recommendations and assists in the preparation of board meeting materials
    • Performs other duties as assigned

    EDUCATION & EXPERIENCE

    Required

    • Bachelor’s Degree in Human Resources Management, Business, Finance or related field or equivalent experience
    • HRIS experience, preferably Ultimate Software

    Preferred or Specialized

    •  Project Management experience strongly desired
    • 5 years of supervisory experience

    CERTIFICATIONS & LICENSES

    • Certified Compensation Professional (CCP) or Certified Benefits Professional (CBP) preferred

    KNOWLEDGE & SKILLS

    • Knowledge of compensation design, analytics, and design frameworks
    • Understanding and application of U.S. laws and regulations, including ERISA, HIPAA, PPACA, COBRA, FLSA and Wage and Hour Law
    • Basic statistical and mathematical knowledge
    • Advanced Excel skills required
    • Excellent written, verbal, listening, and presentation skills
    • Ability to adapt to changing and new priorities
    • Must be detail oriented and have the ability to efficiently plan, organize, and complete work assignments within a specific timeframe and against tight deadlines
    • Ability to take initiative and work independently or with teams
    • Excellent interpersonal and organizational skills
    • Must be able to ask appropriate questions that uncover underlying issues
    • Ability to consistently meet daily, weekly and monthly deadlines
    • Strong knowledge of HRMS software, as well as experience creating complex queries and reports
    • Ability to demonstrate objectivity in decision-making and the ability to maintain confidentiality of all employee data and matters

    Please apply at the link below: http://careers.pekininsurance.com/job-openings/