Compensation Business Partner

1 day ago


Chicago, Illinois, United States GEICO Full time
Compensation Business Partner

We are seeking a highly skilled Compensation Business Partner to join our Total Rewards Team at GEICO. As a key member of our team, you will play a critical role in ensuring our compensation programs are competitive, compliant, and aligned with our business strategy.

Key Responsibilities:
  • Act as a strategic advisor to multiple support functions and business units, providing expert guidance on compensation practices and pay landscape.
  • Conduct job family reviews and market price jobs to ensure fair and competitive compensation.
  • Develop and implement innovative compensation recommendations and solutions that drive business results.
  • Lead compensation-related communications and change management processes to ensure a smooth transition.
  • Facilitate annual merit and bonus programs for assigned client groups.
  • Develop, implement, and administer base pay programs, including pay setting, pay structure development, and pay progression policy formulation.
  • Conduct complex modeling and analysis on all aspects of compensation, including data analysis and presentation.
  • Lead and develop a team of compensation analysts to drive business results.
  • Partner with other corporate areas to ensure full compliance of all compensation programs.
  • Develop and deliver efficient and effective presentations to influence decision making and communicate information to management and partners.
Requirements:
  • Bachelor's or Master's degree in a field related to Finance, Business management/administration, or HR administration.
  • External market awareness and insight into compensation trends and legislation.
  • Familiarity with HRIS applications (Workday) desired.
  • 10+ years of compensation experience preferred.
  • 5+ years of management experience preferred.
  • Advanced Excel expertise and ability to create, organize, and manipulate large sets of data in complex Excel spreadsheets.
  • Excellent verbal and written communication skills.
  • Proven analytical and problem-solving skills.
  • Certified Compensation Professional (CCP) preferred.
Benefits:
  • Premier Medical, Dental, and Vision Insurance with no waiting period.
  • Paid Vacation, Sick, and Parental Leave.
  • 401(k) Plan.
  • Tuition Reimbursement.
  • Paid Training and Licensures.

GEICO is an equal employment opportunity employer and provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment.


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