Compensation Consultant

Jacksonville, Florida
Not Specified
Feb 17, 2017
Feb 20, 2017
Job Type
Not Specified
Career Level
Not Specified
If you have a passion for taking ownership of projects, building relationships with coworkers and external clients and providing award-winning service, then The Main Street America Group is the place for you. Since 1923, our mission has been to take care of our customer the independent agent better than anyone else. Customer service is at the heart of everything we do.With offices in eight locations, we offer a wide range of commercial and personal insurance, as well as surety bond products, in 37 states. Our products and services are backed by financial stability. Our more than $1 billion in written premium is offered exclusively by 2,500-plus independent insurance agents. Administers, interprets and controls the compilation of statistical, financial, and competitor information to assist management in the pricing of existing and new property/casualty products. Job Summary: This position performs research and analysis of compensation and benefit programs to meet identified objectives and needs of the organization. Assists in the design of compensation and benefit programs. Researches policy and practice issues within the company and externally to ensure compliance with related laws and regulations, and maintain competitiveness with external market practices. Administers the annual compensation process and consults with all levels of management to gain approvals. Provides analytical and consultative services regarding compensation matters within the organization. Advises management on compensation actions for employees and reviews proposed salary actions. Participates in annual salary surveys to ensure internal salaries remain competitive in the marketplace. Responsibilities: Manage and design employee compensation programs (base salary, job summaries, competencies, special pay programs, short-term incentive). Analyze data to ensure compliance with regulations (FLSA, DOL) and ensure equity. Proactively review impending legislation and determine impact to MSA. Develop ad-hoc compensation and recognition programs to achieve short-term business objectives. Manage and update BDE compensation program, ensure total cash compensation targets are competitive. Update Actuary Student program in line with SOA exam structure and requirements. Manage common review process (performance ratings, salary increases, STI awards). Market price (or slot) all MSA jobs to ensure managers have competitive market data to determine salaries for employees. This includes survey participation and analysis of results. Manage and enhance recognition programs (Circle of Excellence, Spot, My Recognition (social media), You Make the Difference). Promote recognition programs with employees and managers; proactively meet with mangers on utilization and education. Manage executive and board compensation consultant to the Board. Ensure consultant understand programs and direction. Direct alternate year review of executive and board compensation programs for board approval. Manage expenses. Administer Executive compensation and benefit programs. Administer Officer and Key LTI nomination process. Administer Board compensation programs Develop February, September, and December committee and board books. Role Education and Experience Requirements: Bachelor s degree 7+ years comparable progressive experience. Strong analytical and consultation skills. Compensation experience preferred. Applicable certifications such as CCP is preferred, but not required. Contingency Recruiters: Please do not send resumes directly to any hiring manager within the MSA organization. If you would like to discuss this position, please contact the Staffing Department directly and NOT our managers. You must have a signed and current search agreement with the MSA Staffing Department before any resumes can be reviewed. Any resumes sent directly to MSA without a contract and specific work orderin place for the positionwill be considered property of MSA. Thank you for your cooperation in this matter! Competencies: Role Competencies:Business Acumen - Knowledge, insight, and understanding of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business.Influencing and Negotiation - Gaining others support for ideas, proposals, projects, and solutions; achieving desired business results through effective negotiation.Analytical Thinking/Decision Making - Knowledge of tools and techniques for effective use of a broad range of factors, assumptions, frameworks and perspectives when solving problems.Manage Project Execution - Ability to plan, organize, monitor and control projects ensuring efficient utilization of technical and administrative resources.Relationship Building - Initiates, develops, maintains, and strengthens partnerships with others inside or outside the organization.Technical Competencies:Benefits Programs - Familiarity with existing and planned employee benefit programs, processes, issues and considerations.Compensation Management - Familiarity with major processes, tasks and issues in implementing and administering employee compensation programs.Incentive Programs - Knowledge of tools, techniques and procedures to develop and implement incentive and reward programs.Retirement Programs - Knowledge of employee retirement programs and plans.HR Systems - Knowledge of HRIS application systems used for delivery of service to internal and external clients.

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