Compensation Analyst

Utica National Insurance Group; New York (NY); On-site; USD 74,000 - 103,000; Full time

Benefits offered by this job

Medical and Prescription Drug Benefit

Dental Benefit

Vision Benefit

Life Insurance and Disability Benefits

401(k) Profit Sharing

Job summary

Utica National Insurance Group is seeking a Compensation Analyst to design and administer compensation programs, ensuring internal equity and market competitiveness. You'll benchmark salaries, support salary and incentive programs, and partner with HR, Finance, and Talent Acquisition to provide data-driven guidance.

Minimum 1–3+ years in compensation or related HR, plus a Bachelor's degree, with strong analytical and project management skills.

Qualifications

• This role requires 1–3+ years in compensation or HR with job evaluation and salary structures.
• Experience in salary surveys, compensation tool administration, or market tools is preferred.
• Bachelor's degree or equivalent experience in a compensation role.

Responsibilities

• Conduct job evaluations and classify jobs to support internal equity and external competitiveness.
• Support development and management of compensation structures and policies aligned with benchmarks.
• Participate in salary surveys and benchmark studies to keep packages competitive.
• Collaborate with Talent Acquisition, Benefits, Finance, HRBP, and leaders to guide compensation decisions.
• Monitor budgets for compensation and provide data-driven reporting and insights.
• Plan and coordinate data analysis across HRIS systems and ensure data integrity.
• Lead small to mid-scale compensation projects and annual salary/merit cycles.

Skills

Analytical skills

Attention to detail

Project management

Education

Bachelor's Degree or equivalent in compensation

Job description

The Company

At Utica National Insurance Group, 1,400 employees countrywide take our corporate promise to heart every day: To make people feel secure, appreciated, and respected.

Utica National Insurance Group is an "A" rated $2.0B award-winning, nationally recognized property & casualty insurance carrier.

Operating along the Eastern half of the United States, based in our Home Office in Central New York, with Regional Office locations including NYC, Dallas and Charlotte.

What you will do

Responsible for supporting the design, administration, and analysis of compensation programs that ensure internal equity, market competitiveness, and alignment with organizational objectives. This role conducts job evaluations, salary benchmarking, and compensation analyses while partnering closely with Talent Acquisition, HR, Benefits, Finance, and business leaders to provide data-driven compensation guidance. The position manages compensation-related projects, supports annual salary and incentive programs, maintains HR technology and reporting solutions, and delivers workforce analytics that inform strategic business decisions. Success in this role requires strong analytical skills, attention to detail, project management capabilities, and the ability to translate complex compensation data into actionable insights.

• Conduct comprehensive job evaluations, establish job classifications, and determine appropriate salary grades by analyzing salary surveys and internal compensation data providing insights that drive internal equity and external competitiveness in decision-making.
• Support the development, implementation and manage compensation structures and policies, ensuring alignment with industry benchmarks and organization goals.
• Participate in industry salary surveys and conduct benchmark studies to keep compensation packages competitive.
• Work closely with Talent Acquisition, Benefits, Finance, Human Resources Business Partners, and leaders to align compensation programs with business strategy providing guidance on compensation-related issues during recruitment, performance reviews and as business needs arise.
• Monitor and manage budgets for compensation and identify strategies to provide competitive total rewards packages while managing expenses.
• Compile and analyze business reports and translate data into relevant reports to be used for management to support decision-making and strategic planning related.
• Plan, design, schedule and coordinate data analysis and ensure data integrity across HRIS systems.
• Carry out small to mid-scale projects and initiatives from the planning state through implementation. Examples include – execution of annual salary budget and merit cycle in performance management tool, Worker’s Compensation audit, calculation of annual 401(k) profit-sharing employer contributions and compilation and audit of incentive plan and payouts.
• Support maintenance technology-based solutions, as well as designing end user interfaces and reporting.

What you need

• 1 - 3+ years of Compensation or related HR experience involving job evaluation and salary structures
• 1 or more years of experience participating in salary surveys, compensation tool administration, and/or market tool administration preferred.
• Bachelor's Degree or equivalent experience in a Compensation Role.

Salary range

$74,000 - $103,000

• This position also comes with eligibility for Variable Compensation Bonus plan

The final salary to be paid and position within the internal salary range will take into consideration the individual’s work experience, geographic location, education, certification(s) or additional qualifications, and scope and responsibilities within the role.

Benefits

We believe strongly that talented people are core to our success and are attracted to companies that provide competitive pay, comprehensive benefits packages, career advancement and challenging work opportunities. We offer a Comprehensive Benefits Plan for full time employees that include the following:

• Medical and Prescription Drug Benefit
• Dental Benefit
• Vision Benefit
• Life Insurance and Disability Benefits
• 401(k) Profit Sharing and Investment Plan(Includes annual Company financial contribution and discretionary Profit Sharing contribution based upon annual company financial results)
• Health Savings Account (HSA)
• Flexible Spending Accounts
• Tuition Assistance, Training, and Professional Designations
• Company-Paid Family Leave
• Adoption/Surrogacy Assistance Benefit
• Voluntary Benefits - Group Accident Insurance, Hospital Indemnity, Critical Illness, Legal, ID Theft Protection, Pet Insurance
• Student Loan Refinancing Services
• Business Travel Accident Insurance
• Matching Gifts program
• PaidVolunteer Day
• Employee Referral Award Program
• Wellness programs
• Personal Insurance Discount

This position is a full time salaried, exempt (non overtime eligible) position.

Utica National is an Equal Opportunity Employer.