Overview

Job Location:
Hartford, CT

You are a driven and motivated problem solver ready to pursue meaningful work. You strive to make an impact every day & not only at work, but in your personal life and community too. If that sounds like you, then you’ve landed in the right place.

Overview of the Position

The Hartford is seeking a Senior Compensation Consultant who will plan, develop, and implement new and revised compensation programs, policies, and procedures, in response to the company’s goals and competitive practices for client groups.  The role will regularly conduct thorough audits to ensure that compensation programs are consistently administered in compliance with company policies and government regulations and that they are driving the goals and objectives of the client groups and helping to attract and retain key talent.

Responsibilities

  • Identify and address emerging compensation issues for assigned client area. 
  • Anticipate pay issues associated with changes in organizational design or business strategy.
  • Partner and consult with business and HR partners to develop salary and incentive programs aligned to competitive conditions and business objectives.
  • Counsel business and HR clients on pay strategy, policies, programs, communications, and competitive practice.
  • Lead compensation survey and year-end compensation planning (merit, bonus and LTI) efforts for assigned business unit
  • Ensure the internal equity and external competitiveness of the company’s total compensation practices through strategic monitoring of business conditions, legal requirements, economic environment, and competitive practices.
  • Participate in cross-disciplinary project teams supporting the development and implementation of performance-based pay programs or other enterprise compensation initiatives.
  • Develop compliant, auditable, cost-effective business processes as necessary to monitor on-going delivery and effectiveness of pay programs after implementation.
  • Identify, acquire, and maintain required infrastructure and resources necessary for effective administration, e.g., competitor intelligence channels, policies, practices, business processes, structures, communications channels. ​
  • Conduct evaluations, surveys, and competitive analyses as necessary to ensure the on-going integrity of existing structures, policies, and practices.

Qualifications:

  • A minimum of five years of broad-based compensation experience required; experience in the insurance and/or financial services industry preferred.
  • Strong consultative skills, able to effectively coach, negotiate, positively influence/ leads stakeholders, and quickly gain trust and confidence.
  • Ability to manage multiple clients and projects, while delivering results.
  • Demonstrated teamwork and collaboration skills.
  • Strong analytical skills required, preferred experience with forecasting and modeling.
  • Comprehensive knowledge of regulations and issues impacting compensation.
  • Excellent verbal, written, presentation and interpersonal communication skills.
  • Strong business acumen to assess applicability, benefits, and challenges of various compensation structures.
  • Bachelor’s degree required; advanced degree preferred.
  • Certified Compensation Professional (CCP) preferred.
  • MS Office proficiency required; experience with Workday, Tableau and/or MarketPay or similar tools is helpful.
     

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$97,520 – $146,280

Benefits

Our company’s success is due to our employees’ dedication and passion for their work. They are our greatest asset. That’s why we are committed to offering employees and their families a comprehensive benefits package and award-winning well-being programs. By helping our employees achieve their full potential, we unlock our own. Visit https://www.thehartford.com/careers/benefits for details.

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

Cons Comp – HC07AE

Skills: