Jobs · Minnesota

Senior Compensation Consultant

Western National Insurance · Edina, MN · 2 wk ago
$104k–$143k/yrFull-time

About Us

Western National Insurance Group is a private mutual insurance company with over 120 years of experience serving customers' property-and-casualty insurance needs in the Midwestern, Northwestern, and Southwestern United States. Known as “The Relationship Company®,” we define success as a measure of the relationships we’ve built over time. In everything that we do, we know that delivering a friendly and helpful interaction makes for a better experience for everyone involved. That’s the power of “nice”. At Western National, nice is something we work to bring to every person and organization with whom we partner and serve.

Responsibilities

  • Leads the design, administration, and continuous improvement of the organization’s compensation philosophy, salary structures, job architecture, and related programs to support market competitiveness, internal equity, and sound compensation governance.
  • Partners with HR Business Partners and business leaders to evaluate new and existing positions, conduct market benchmarking, recommend job levels and pay grades, and provide guidance on compensation decisions.
  • Leads the annual market review process, including participation in salary surveys, analysis of market movement and competitive positioning, and recommendations for salary structure and employee pay adjustments.
  • Develops and oversees a consistent approach to internal equity analysis, identifies areas of concern, recommends appropriate actions, and educates leaders on equitable pay practices.
  • Administers companywide incentive compensation programs, including short-term and long-term incentive plans, and supports program design, modeling, communication, and governance.
  • Leads the annual merit review cycle from planning through completion, including system configuration, leader education, communications, data validation, approvals, employee communications, and payroll coordination.
  • Partners with senior HR leadership and the CEO to support executive compensation, including base salary, short-term and long-term incentives, and related compensation analyses and recommendations.
  • Configures, maintains, and continuously improves Workday Advanced Compensation processes, reporting, and controls.
  • Collaborates with HR leadership and Finance on the annual budgeting process by providing compensation analyses, workforce cost projections, salary increase modeling, incentive forecasting, and financial recommendations.
  • Prepares compensation analyses, dashboards, models, and executive-ready materials that translate complex data into actionable recommendations.
  • Maintains compensation policies, procedures, documentation, and employee-facing communications, including Total Rewards communications and annual Total Rewards statements.
  • Monitors compensation-related laws and regulations, partners with HR and Legal to assess impacts, and supports compliant implementation and ongoing audits.
  • Builds trusted relationships across the organization and provides responsive, practical, and customer-focused compensation consultation.

Requirements

  • Five-plus years of progressively responsible compensation experience, including experience with base pay, incentive compensation, market pricing, and job evaluation.
  • Bachelor’s degree in human resources, business, finance, or a related field; equivalent relevant experience may be considered in lieu of a degree.
  • Experience administering compensation processes in Workday, including Workday Advanced Compensation.
  • Strong analytical skills with the ability to interpret complex data, develop recommendations, and communicate findings to business leaders and executives.
  • Experience managing large, detail-intensive annual processes and partnering across HR, Finance, Payroll, and business functions.
  • High attention to detail, accuracy, confidentiality, and follow-through.
  • Ability to balance analytical rigor with an approachable, consultative style.
  • Strong written, verbal, and presentation skills, including experience presenting to executives and leadership groups.
  • Ability to influence without direct authority and build credibility with a wide range of stakeholders.
  • Strong organizational, project management, prioritization, and time management skills.
  • Collaborative, responsive, and solutions-oriented approach with a strong customer focus.
  • Advanced proficiency in Microsoft Excel and strong proficiency in Microsoft Word, PowerPoint, Outlook, and Teams.
  • Ability to create and interpret compensation models, reports, dashboards, and data visualizations.

Preferred Qualifications

  • Certified Compensation Professional (CCP) designation.
  • Experience supporting executive compensation and long-term incentive programs.
  • Experience with compensation survey platforms, job architecture, pay equity analysis, and compensation analytics.
  • Experience working in multi-state organizations.

Pay

The targeted hiring range for this role is $104,300 - $143,440 annually. The base pay offered may vary depending on job-related knowledge, skills, credentials, and experience, as well as other factors such as the scope and location of the role.

Benefits

  • Medical insurance plan options and other standard employee benefits, including dental insurance, vision benefits, life insurance, and disability insurance.
  • Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA).
  • 401(k) Plan with 100% matching on the first 6% of contributions.
  • Wellbeing Program, including an onsite fitness studio.
  • Paid Time Off – including holiday, vacation, and volunteer time.
  • 100% company-paid tuition reimbursement for approved job-relevant coursework and access to The Institutes (Risk and insurance education).
  • Paid parental leave.
  • Bonus opportunities.

Schedule

Western National believes in supporting balance between work and life by providing a flexible work environment, which includes a variety of hybrid and remote work arrangements designed to balance individual, job, department, and company needs.

About Our Culture

Western National has long been known as “The Relationship Company®” and caring for our employees is part of that relationship commitment. We value connectiveness, empowerment, and accountability, and we believe that our employees are our biggest asset. Currently ranked as the 41st largest private company by revenue in Minnesota (Minneapolis/St. Paul Business Journal), Western National has earned accolades year-over-year as an employer of choice and garnered multiple awards for wellness in the workplace. Western National has also been named a Top Workplace by the Star Tribune for consecutive years. In addition, the Group is consistently recognized as a Ward’s 50 property-and-casualty insurance company for its outstanding financial results.

Similar jobs

Senior Compensation Consultant

MaxIT Consulting - Max Corporate GroupChicago, IL· 6 days ago
Human Resourcesapply on maxit-consulting-jobs.careers-page.com