Jobs · Analyst · Massachusetts

Compensation Director

Liberty Mutual Insurance · Boston, MA · 1 mo ago
AnalystFull-time

Responsibilities

  • Leads the entire Compensation Operations team, overseeing the process that turns 90+ monthly carrier commission statements into accurate compensation for ~1,500 Comparion agents and managers.
  • Manages and develops a team of eight, including managers and individual contributors, building talent and capability across the team.
  • Ensures compensation is processed accurately and completed in time for the monthly bonus period close.
  • Drives continuous process improvement initiatives focused on compensation accuracy, efficiency, and the automation of manual work.
  • Champions the adoption of AI and other emerging technologies to enhance and modernize compensation processes.
  • Works cross-functionally with other Finance and ADS teams to ensure compensation transactions reconcile to reporting, bank transactions, and carrier statements.
  • PARTNERS WITH THE COMPENSATION DESIGN TEAM TO EVALUATE NEW IDEAS AND ENSURE THEY ARE OPERATIONALLY SOUND AND READY TO GO TO MARKET.
  • PARTNERS WITH ADS AND LM TECHNOLOGY AND PRODUCT OWNER TEAMS TO ENSURE COMPENSATION TECHNOLOGY IS STABLE AND WORKING AS NEEDED, AND TO EVALUATE IMPROVEMENTS THAT CAN BE IMPLEMENTED IN THE FUTURE.
  • COMMUNICATES EFFECTIVELY WITH COMPARION AND ADS LEADERSHIP, AND COMPARION MANAGERS AND AGENTS AS NEEDED, SERVING AS A TRUSTED POINT OF CONTACT ON COMPENSATION OPERATIONS MATTERS.

Qualifications

  • Advanced to expert level knowledge of data sources, tools, applications and business drivers.
  • Advanced knowledge of business operations, policies, procedures and priorities, to include a strong understanding of the function's value chain and market conditions.
  • Solid ability to select, develop and engage employees.
  • Strong ability to exercise influence and build consensus; communication skills; Promote collaboration, teamwork and change initiatives; and to build value for customers through a service orientation, innovation, and continuous improvement.
  • Displays sound business acumen and integrated thinking.
  • Competencies typically acquired through a Bachelor's degree or equivalent experience. Advanced degree preferred.
  • Minimum of 10 years of relevant experience to include business analysis work and prior experience working in an effective leadership and/or management capacity.

About Us

The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role.

Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.

At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups.

Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.

To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law. Fair Chance Notices CaliforniaLos Angeles IncorporatedLos Angeles UnincorporatedPhiladelphiaSan Francisco

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