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Location

Boston, MA | United States

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Job description

Pay Philosophy

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.

Description

The Director, Compensation Advisor will be a key contributor to Libertys ongoing compensation transformation and is responsible for driving the implementation and management of compensation programs across both front-line businesses and functional support groups, including but not limited to base salary programs, Short-term and Long-term incentive plans (formulaic and discretionary) and carried interest plans where applicable.

The role provides innovative and customer-focused compensationsolutions related to staffing and retention needs and delivers high-touch customer service throughsignificant executive influence and collaboration across key internal and external stakeholders.

In collaboration with the management of team activities include: compensation plan and program strategy, design and administration, enterprise job architecture design.Oversight, understanding and addressing governance and regulatory requirements and deliverables, compensation advising and consulting, as well as responsibility/support for Global Compensation systems and technology solutions.Provide expertise, as well as project leadership in all aspects of compensation including but not limited to short and long-term incentive plan design, merit and salary structure design and administration, retention plans, market data analysis and vendor management.

Delivering high-touch customer service and collaboration among multiple internaland external stakeholders and senior leaders across the enterprise.

Responsibilities:

• Manage Compensation Specialist(s) and plan administrator(s), providing guidance and oversight for incentive plans and programs, enterprise job architecture design, merit and salary structure design and administration, systems and technology solutions, governance related activities and deliverables, and all aspects of compensation advising and consultation.
• Provide expertise, as well as project leadership in all aspects of compensation including but not limited to short and long-term incentive plan design, retention plans, market data analysis, and monitor internal / external trends and best practices.
• Support ad-hoc special compensation projects as needed, collaborating across peers and leading through direct report(s) to ensure deliverables are met on time and in support of business priorities / objectives.
• Partner with other Talent team members including but not limited to Compensation and Talent Partners to ensure all program communications reinforce Libertys strategic priorities.
• Conduct compensation benchmarking, including market pricing, pay mix and internal equity review to ensure the competitive analysis of compensation programs aligns to the overall total rewards philosophy.
• Provide consultation to business partners on compensation processes including new hires, promotions, and transitions.
• Manage vendor relationships.
• Provide guidance on escalated and/or complex issues.
• Responsible for ensuring all programs are designed and administered with pay equity best practices in mind.

Qualifications

Qualifications:

• Bachelor`s degree (preferably in Human Resources or Business Administration) or equivalent experience required, in addition to 10+ years of relevant and progressively more responsible compensation experience.
• Expert knowledge of compensation programs and practices including governance and regulatory compliance requirements.
• Excellent interpersonal, written and verbal communication skills; strong presentation skills.
• Ability to articulate and recommend change to senior leaders. History of successful interaction and influence with all levels of stakeholders.
• Experience in project management including scoping, planning and execution.
• Demonstrates high level of business, analytical, systems and financial acumen.
• Strong problem-solving capabilities, including the ability to clearly define problems, collect data, draw conclusions, and influence others to implement recommendations.
• Ability to work well in a fast paced, time sensitive environment.
• Attention to detail and deadlines; ability to manage multiple initiatives.

About Us

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit:

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit:

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

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Job tags

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Salary

$141.2k - $220.5k