EMC Insurance Companies · 20 hours ago
Senior Compensation Analyst
EMC Insurance Companies is dedicated to making an impact through collaboration and support. The Senior Compensation Analyst will lead annual compensation processes, support incentive programs, and provide compensation consulting to various departments while ensuring compliance with regulations.
Financial ServicesInsurance
Responsibilities
Leads annual merit and off-cycle compensation processes, including data validation, testing and reporting
Supports full life cycle incentive and recognition programs
Proactively meets with leaders and HRBPs to understand workforce plans, talent needs, and financial constraints for assigned business units
Presents recommendations with clear trade‑offs, ROI, and risk/compliance considerations
Monitors outcomes and feedback; iterates programs and guidelines to improve fairness, competitiveness, and simplicity
Conducts market pricing and program prevalence analysis of base pay, incentive, recognition and other programs
Performs analysis and maintenance of salary structures and geographic pay zones
Designs and delivers compensation education for HRBPs, Talent Acquisition, and people leaders on compensation principles, program changes, and market trends
Develops and supports manager toolkits and communication materials for total rewards
Leads complex compensation projects, performs detailed analysis, and presents recommendations
Provides compensation consulting for assigned departments (director level and below)
Leads the creation, revision, and governance of job descriptions to ensure strong job architecture
Guides job evaluations, communications evaluation outcomes, and provides recommendations on pay implications
Configures and maintains MarketPay and Workday compensation modules. Identifies opportunities for automation and process improvement
Ensures compliance with compensation laws, regulations, and internal controls, including FLSA exemption analysis and pay transparency requirements
Performs pay equity analysis as applicable
Qualification
Required
Bachelor's degree in business or related field or equivalent relevant work experience
Five years of experience in compensation or related experience
Excellent knowledge of compensation terminology, market pricing, and compensation compliance
Strong knowledge of compensation management in HRIS, preferably Workday
Excellent communication, presentation, and stakeholder management skills
Ability to elicit relevant information and make recommendations
Advanced Excel skills; experience with MarketPay and Workday a plus
Excellent analytical skills and attention to detail
Ability to manage multiple priorities in a fast-paced environment
Collaborative mindset with strong business acumen
Preferred
Experience in the insurance industry preferred
Company
EMC Insurance Companies
EMC Insurance is a top insurer based on net written premium, and we have more than 2,200 employees.
Funding
Current Stage
Public CompanyTotal Funding
unknown1982-02-12IPO
Recent News
Corridor Business Journal
2025-06-28
2024-04-11
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