Senior Compensation Partner

atMercury InsuranceRemoteUS flagUnited StatesFull-timeAffiliate ManagerSenior$101.2k – $204.4k/year

Posted Oct 27

This is a fully remote position, open to applicants in United States.

📋 Description

• Act as the strategic compensation partner for designated business units

• Establish connections and provide organizational context with executives, People Business Partners, Talent Acquisition, and business leaders

• Address intricate compensation inquiries and propose solutions that align with Mercury’s compensation philosophy and business objectives

• Provide guidance on hiring, promotions, transfers, retention, and other compensation-related decisions

• Oversee the annual compensation cycle, which includes performance management, planning for base pay increases, bonus allocations, equity and promotion suggestions, budgeting, and incentive program management

• Identify challenges and enhance compensation processes and programs

• Collaborate on implementation with People Business Partners, Finance, HRIS, and leadership

• Set up and evaluate compensation tools and software

• Create and present training on compensation philosophy, programs, and tools

• Develop guidance, job aids, and communications for managers and stakeholders

• Mentor and guide junior Compensation team members

• Review deliverables and provide constructive feedback

• Design and refine scalable compensation processes

• Implement compensation policies and adhere to federal and state regulations, including FLSA standards

• Participate in audits and data evaluations; maintain documentation and approval controls

• Support compensation technology and HRIS functions

• Conduct ad hoc analyses and contribute to compensation initiatives

• Utilize approved AI-enabled tools for compensation research, benchmarking, scenario analysis, and manager support

• Validate AI-generated analyses for accuracy, bias, and fairness while safeguarding confidential information


⛳️ Requirements

• Bachelor's degree in Human Resources, Finance, Business, or a related discipline

• Five or more years of experience focused on compensation

• Proven expertise in the design and execution of compensation programs, including market benchmarking tools, participation in salary surveys, and job architecture or leveling frameworks

• History of managing compensation programs or cycles from start to finish, including budget modeling, manager enablement, resolution of edge cases, and stakeholder reporting

• Proficient in financial modeling and data analysis

• Capability to build and validate compensation models using advanced Microsoft Excel or Google Sheets

• Strong written communication abilities to convert complex compensation concepts into clear guidance

• Skill in building trusted relationships, influencing stakeholders, and presenting recommendations to senior leaders and executive audiences

• Good judgment, analytical problem-solving abilities, and capacity to manage competing priorities while handling confidential information

• Ability to coach and mentor junior team members

• Responsible use of AI-enabled tools, verifying outputs, considering bias and fairness, and protecting confidential information

• Preferred experience with market data providers or benchmarking platforms such as Radford, Mercer, or similar services

• Valued experience with incentive and equity-based compensation

• Preferred CCP designation or progress toward certification, or another relevant compensation or HR certification


🏝️ Benefits

• Competitive compensation

• Flexibility to work remotely from anywhere in the United States for most roles

• Paid time off including vacation, sick leave, 9 paid Company holidays, and volunteer hours

• Incentive bonus programs with potential holiday bonuses, referral bonuses, and performance-based bonuses

• Medical, dental, vision, life, and pet insurance

• 401(k) retirement savings plan with company matching

• Engaging work atmosphere

• Opportunities for promotion

• Education assistance

• Opportunities for professional and personal development

• Company recognition program

• Health and well-being resources, including free mental well-being therapy/coaching sessions, child and elder care resources, and more

• Potential for bonuses

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