Senior Analyst, Compensation

Lemonade; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

Lemonade is seeking a Senior Analyst, Compensation to join our People Operations team in New York. The ideal candidate will enhance compensation strategies through data analytics and external benchmarking. This pivotal role requires strong analytical skills and a commitment to transparency. You will work closely with stakeholders to support informed compensation decisions.

Qualifications

• Minimum 3+ years in a compensation analyst role or similar.
• Advanced proficiency in Excel and data analysis tools.
• Strong written and verbal communication skills.

Responsibilities

• Lead the compensation budget process and analysis.
• Own and update compensation bands using external data sources.
• Implement systems to ensure accuracy of compensation data.

Skills

Data management

Process optimization

Attention to detail

Communication

Data analysis tools

Education

Bachelor's Degree

Tools

Excel

Workday

Job description

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What You’re Applying For

We are seeking a highly qualified Senior Compensation Analyst to join our People Operations team. This role is pivotal in ensuring our compensation and equity strategies are competitive, transparent and aligned with our company’s philosophy.

What You’re Applying For

We are seeking a highly qualified Senior Compensation Analyst to join our People Operations team. This role is pivotal in ensuring our compensation and equity strategies are competitive, transparent and aligned with our company’s philosophy.

The successful candidate will leverage AI, data analytics, external benchmarking, and process improvements to enhance our compensation systems and practices, playing a crucial role in decision-making and strategic planning.

In this role you’ll

• Own and update compensation bands utilizing external data sources and market benchmarking to ensure competitiveness and alignment with our compensation philosophy
• Lead the compensation budget process, including forecasting, tracking, and analysis of budgets vs. actuals to manage financial performance
• Draft and maintain comprehensive presentations and guides to educate and foster transparency
• Oversee equity forecasting models, ensuring strategic allocation and alignment with company objectives
• Own the underlying job data architecture and business processes related to compensation and equity changes within Workday. Collaborate closely with the Workday system admin to enhance user experience.
• Implement systems and processes to guarantee the accuracy and reliability of compensation data, identifying areas for improved integrity and refined analytics
• Spearhead initiatives to automate and streamline compensation processes, enhancing efficiency across the board
• Serve as a trusted resource to all stakeholders, supporting and guiding them in compensation decisions based on our philosophy, facilitating informed decision-making through comprehensive analytics and reports
  
  

What you’ll need

• Minimum of 3+ years in a compensation analyst role or similar, with an emphasis on data management and process optimization within a People or Finance team
• Bachelor's Degree in a related field
• Advanced proficiency in Excel and data analysis tools
• Experience with Workday and other compensation-related software is strongly preferred
• Familiarity with standard job architecture, leveling, and third-party compensation data sets
• Exceptional attention to detail, with a dedication to data accuracy and integrity
• Strong written and verbal communication skills, capable of conveying complex information in clear terms to various stakeholders
• Ability to to work 3 days a week in our NYC office
• Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our culture
  
  

Unfortunately, we cannot consider applicants from these states; Colorado, California, Montana, Hawaii, New Mexico and Puerto Rico.

*Please note that we are unable to sponsor applicants for work visas

Lemonade's US base salary range for this full-time position is $90,000-$120,000 + equity + benefits. Our salary ranges are determined by role, level, and location. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Speak to your recruiter to hear more about the specific salary range for your preferred location.

Things to know…

Lemonade is an equal opportunity employer committed to diversity and inclusivity. We never discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. If you require reasonable accommodations due to religious beliefs, pregnancy, or disabilities, let us know at any time.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Human Resources

• Industries

  Insurance

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