Compensation Analyst

NFP • New York, NY

2d • $88,000 - $104,000 • Hybrid

About The Position

Who We Are: NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com. Job Summary: The Compensation Analyst will provide analytical support in the development, implementation and administration of a full range of compensation and headcount initiatives. This position will assist in the management of various compensation activities such as year-end process management, compensation benchmarking, compensation structure development, market surveys participation and other ad-hoc compensation and headcount projects.

Requirements

• Bachelor’s degree
• 3 to 5 years of related experience
• Must possess strong analytical skills, using both qualitative and quantitative data and comfortable analyzing large amounts of data.
• Must be proficient in advanced Microsoft Excel functions including formula-based functions such as conditional if statements, vlookups, data manipulation and pivot table
• Attention to details and data accuracy
• Strong ability to organize
• Requires knowledge of Microsoft Excel, PowerPoint, Word and Office.
• Ability to communication (verbal/written) in a direct, concise and effective manner
• Hybrid position based in NYC

Nice To Haves

• Power BI a plus

Responsibilities

• Assist in the management of the annual compensation planning process
• Support the process of market benchmarking and market analysis for business/support functions to determine competitiveness both internally and externally
• Work closely with HR Business Partners and Talent Acquisition Teams to benchmark new positions and develop competitive compensation recommendations
• Assist in the development of total compensation ranges for roles by location
• Participate in various compensation surveys
• Support compensation due diligence for mergers and acquisitions
• Leverage the full functionality of Compensation Management tools to market price a job, survey participation, report creation and data analytics dashboard development
• Analyze compensation and headcount data, identify relevant market data and trends, and prepare reports to present findings and recommendations
• Partner closely with HRIS Operations team to ensure data integrity

Benefits

• We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more.
• Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.
• The base salary range for this position is $88,000.00 to $104,000.00.
• The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location.
• Actual base salary offered will be determined on a case-by-case basis.
• In addition to the base salary, this position may be eligible for performance-based incentives.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees