Sr Compensation Partner - Enabling Functions

The Hartford•Hartford, CT

5d•$108,800 - $163,200•Hybrid

About The Position

The Compensation Partner will play a critical role in supporting the Total Rewards team by providing strategic compensation consultation, analytics and insights. This role will focus on ensuring competitive and equitable compensation practices across various support and enabling groups, including Corporate Functions, Technology, Data, Claims and Operations. The Compensation Partner will collaborate closely with HR Business Partners (HRBPs) and business leaders to develop and implement compensation strategies that attract, motivate, and retain top talent.

Requirements

Bachelor's degree in Human Resources, Business Administration, or a related field.
Minimum of 5+ years of experience in compensation, with a strong understanding of compensation principles, practices, and regulations.
Proven experience in market data analysis, benchmarking, and developing compensation strategies.
Strong analytical skills and the ability to interpret complex data and provide actionable insights.
Excellent communication and presentation skills, with the ability to effectively convey compensation concepts to diverse audiences.
Strong project management skills, with the ability to lead and manage multiple projects simultaneously.
Proficiency in compensation tools and software, such as Workday and Excel.
Ability to work collaboratively with HRBPs, business leaders, and other stakeholders to achieve common goals.
High level of integrity and confidentiality in handling sensitive compensation information.

Nice To Haves

Advanced degree or professional certification (e.g., CCP) is preferred.

Responsibilities

Provide expert advice and creative consultation on compensation matters to HRBPs and business leaders to support organizational change and growth. Includes job and pay structure creation and modifications, benchmarking, and developing competitive compensation packages.
Manage and analyze market data to ensure compensation practices are competitive and aligned with industry standards. Conduct regular market reviews and provide insights to support compensation decisions.
Oversee the execution of compensation programs, including annual compensation cycles and salary survey management. Ensure programs are managed effectively and align with company philosophy, policies and guidelines.
Develop and deliver training sessions for HRBPs and managers on compensation practices, tools, and processes. Communicate current and trending compensation topics to relevant stakeholders.
Utilize data analytics to provide insights and recommendations on compensation practices. Prepare reports and presentations for senior leadership to support decision-making.
Lead and participate in compensation-related projects, including mergers and acquisitions, re-organizations, and special compensation initiatives. Ensure projects are completed on time and within budget.
Stay informed and adaptable to changes in technology, particularly in the areas of Generative AI and automation. Leverage these technologies to drive efficiency and innovation in compensation practices.