Sr Compensation Analyst

GEICO; New York (NY); On-site; USD 91,000 - 142,000; Full time

Job summary

A leading company is seeking a Sr Compensation Analyst to manage salary compensation, job evaluations, and market pricing. This role involves collaborating with business units and developing compensation strategies while ensuring compliance with laws and policies. Ideal candidates will have extensive experience in compensation analysis and a relevant degree.

Benefits

Health, Dental, and Vision Insurance

Paid Vacation, Sick, and Parental Leave

401(k) Plan

Tuition Assistance

Paid Training and Licensures

Qualifications

• 7+ years of experience in compensation analysis.

Responsibilities

• Develop and present reports on job and compensation analysis.
• Support the Compensation Business Partner in job evaluations and salary reviews.
• Lead project planning for salary schedule reviews.

Skills

Data Analysis

Communication

Education

Bachelor’s degree in Business Administration

Bachelor’s degree in Human Resources

Bachelor’s degree in Mathematics

Bachelor’s degree in Finance

Tools

Excel

Workday HCM

Job description

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Job Overview

As a Compensation Analyst III for GEICO, you will manage the administration of base salary compensation, job evaluations, market pricing, and salary structure. You will support the administration of year-end compensation and collaborate with the Compensation Business Partner for Corporate functions, acting as a strategic partner between the compensation team and business units. This role offers leadership opportunities and the chance to develop, analyze, and recommend compensation strategies to address organizational issues creatively and effectively. Ensuring internal equity, external competitiveness, and compliance with applicable laws and policies is also key.

Responsibilities

1. Develop and present reports on job and compensation analysis.
2. Gather data from market surveys and analyze results using spreadsheets and data analysis techniques.
3. Support the Compensation Business Partner in job evaluations, salary reviews, and other business needs.
4. Lead project planning for initiatives like salary schedule reviews, including change management.
5. Benchmark jobs against survey data to determine competitive salary ranges.
6. Advise HR and management on salary administration, job coding, pay regulations, and policies.
7. Conduct comprehensive department job and compensation reviews.
8. Propose job architecture structures and maintain accurate job descriptions.
9. Communicate effectively with senior leaders on compensation matters and prioritize multiple tasks.

Minimum Qualifications

1. 7+ years of experience in compensation analysis.
2. Bachelor’s degree in Business Administration, Human Resources, Mathematics, Finance, or related field.
3. Proficiency in Excel; experience with Workday HCM and Advanced Compensation preferred.
4. Adherence to GEICO’s Code of Conduct and policies.
5. Reliable attendance to perform job functions and collaborate effectively.

Additional Details

Salary Range: $91,225 - $141,450 annually, with final offers based on multiple factors including experience, education, and location.

GEICO will not sponsor employment authorization for this position at this time.

Benefits

• Health, Dental, and Vision Insurance
• Paid Vacation, Sick, and Parental Leave
• 401(k) Plan
• Tuition Assistance
• Paid Training and Licensures

Additional Information

GEICO is committed to equal employment opportunity and provides accommodations for qualified individuals with disabilities. We promote a respectful and harassment-free work environment.