Compensation & Benefits Analyst
NEW YORK, NY
Full Time
Human Resources
Experienced
Distinguished is a leading national insurance Program Manager providing specialized insurance programs to brokers and agents with specific expertise in Real Estate, Community Associations, Hospitality, Fine Art/Collectibles, Restaurants, Inland Marine, Executive Lines and Construction Professionals & Environmental, Crisis Management, Transactional Risk, Marine Cargo and Reinsurance. Distinguished partners with a select group of highly rated insurance companies to provide exclusive programs to our national network of 4,000 agencies and brokerages. You will have an opportunity to work with an energetic, passionate team that is committed to growth by helping our customers grow their business and building a best-in-class system, as well as a great place to work.
You will be a Compensation & Benefits Analyst on the Human Resources Team. This role will lead the design and execution of competitive, equitable and compliant total rewards program in partnership with the CHRO and external vendors. Partners closely with business leaders to align compensation and benefits strategies with organizational goals.
RESPONSIBILITIES
SKILLS & QUALIFICATIONS
LOCATION
COMPENSATION & PERKS
CORE VALUES
Our Core Values define our business. At Distinguished you will achieve goals focused in the best interest of our customer. INTEGRITY plays a crucial role in the way Distinguished does business. INNOVATION enables us to remain an industry trendsetter. You will be involved in projects that advance our products, processes, and people! You will collaborate with leaders in the organization and build RELATIONSHIPS with your colleagues, carriers and customers. Capitalize on your interests and strengths to drive an enrichment focused path allowing your determination to launch your career in an industry of endless opportunities. Bring your passion to the work you do, the people you impact and the success we ACHIEVE together. Acceptance and appreciation for diversity and inclusion are at our core.
You will be a Compensation & Benefits Analyst on the Human Resources Team. This role will lead the design and execution of competitive, equitable and compliant total rewards program in partnership with the CHRO and external vendors. Partners closely with business leaders to align compensation and benefits strategies with organizational goals.
RESPONSIBILITIES
Compensation Management
- Design and manage base salary, incentive, and bonus programs aligned with business strategy
- Conduct market benchmarking and salary survey to ensure external competitiveness
- Design and manage salary/role structure in HR Systems (job titles, job family, etc.)
- Lead annual compensation processes (merit, bonus, promotions, equity)
- Partner with Talent Management, Talent Acquisition and leadership on job leveling, pay decisions and offer strategy
- Ensure internal equity and pay transparency practices
- UK Benefits/Payroll expenses management
- Advance Comp management, Sales Comp Agreement process, Securities Agreement LTIP process, Annual 401k Compliance process
Benefits Management
- Oversee health, welfare, retirement and wellness programs
- Manage Vendor Relationships (brokers, carriers, PEO)
- Evaluate and enhance benefits offerings based on need market and cost management. Lead annual benefits renewal and open enrollment process
- Develop and track compensation and benefits metrics (cost, utilization, competitiveness)
- Provide insight and recommendations to senior leadership. Support workforce planning and budgeting related to TWs and new team/acquisitions
- Maintain accurate documentation policies and audit readiness
SKILLS & QUALIFICATIONS
- Education: Bachelor’s degree in Human Resources, Finance, Business Administration, Economics, Mathematics, or related field.
- Experience: minimum 8 years of compensation, benefits, HR analytics, or total rewards
- Experience with salary surveys and market pricing.
- Experience administering employee benefits programs.
- Experience in insurance or financial services and the ability to operate independently across both compensation and benefits functions.
- Strong experience with Excel and Workday, including advanced comp modules.
Technical Skills
- Advanced Microsoft Excel
- Pivot Tables
- VLOOKUP/XLOOKUP
- Power Query (preferred)
- Complex formulas
- HRIS systems
- Compensation survey platforms
- HR reporting and analytics
- Benefits administration platforms
- PowerPoint
- Data visualization tools (Power BI or Tableau preferred)
Knowledge Requirements
- Compensation structures
- Salary grading methodologies
- Market benchmarking
- Pay equity analysis
- Incentive compensation
- Health and welfare benefits
- Retirement plans (401(k))
- COBRA
- HIPAA
- FLSA
- Pay transparency legislation
- Leave programs
- HR metrics and reporting
LOCATION
- This role is remote/hybrid based in the United States. (Tristate area preferred 2-3 days per week in NY Office)
COMPENSATION & PERKS
- $125,000- $145,000 base salary + yearly bonus. Salary commensurate with knowledge, skills, experience, and geographic location.
- Summer Fridays (Leave at 2:00PM all Fridays from Memorial Day to Labor Day).
- Great healthcare coverage including Medical, Vision, and Dental.
- 401k with 4% company match. Immediately 100% vested.
- Life, disability and supplemental insurance.
- Growth and development opportunities.
- Wellness Benefits including an Employee Assistance Program.
- Work/Life Balance with generous time off policy including PTO and paid holidays, Summer Hours, Dependent Daycare flexible spending account, paid parental leave, a commuter account, and a sabbatical every 7 years.
CORE VALUES
Our Core Values define our business. At Distinguished you will achieve goals focused in the best interest of our customer. INTEGRITY plays a crucial role in the way Distinguished does business. INNOVATION enables us to remain an industry trendsetter. You will be involved in projects that advance our products, processes, and people! You will collaborate with leaders in the organization and build RELATIONSHIPS with your colleagues, carriers and customers. Capitalize on your interests and strengths to drive an enrichment focused path allowing your determination to launch your career in an industry of endless opportunities. Bring your passion to the work you do, the people you impact and the success we ACHIEVE together. Acceptance and appreciation for diversity and inclusion are at our core.
We do not accept unsolicited resumes from external recruiting firms or agencies.
Distinguished Programs, LLC is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status.
All your information will be kept confidential according to EEO guidelines.
Apply for this position
Required*