Liberty Mutual InsuranceLI

Senior Compensation Specialist

Liberty Mutual Insurance is a leading global insurer, dedicated to providing comprehensive insurance solutions while fostering an inclusive corporate environment.

Liberty Mutual Insurance

Employee count: 1001-5000

United States only

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 Executive Compensation Programs team is looking for a Senior Compensation Specialist to support the development, implementation and administration of Liberty Mutual’s compensation programs.

This role is responsible for effectively managing a range of executive comp plans and programs, ensuring timely and accurate execution of all administrative deliverables. This includes being team lead for any vendor supported work, ensuring smooth knowledge transfer and establishment of new processes, and driving process efficiencies while maintaining high quality level of service. This role will deliver on complex initiatives and support various bodies of work from a highly analytical perspective, collaborating across the Global Compensation teams and other partner groups on requests of varying complexity.

Responsibilities

  • Leads administration of various executive plans and programs.
  • Acts as team lead for all vendor supported work, including transition and knowledge transfer, establishment of new processes, oversight and success measures, and escalation management.
  • Independently conducts complex analyses to support variety of ad-hoc requests including M&A, finance and tax needs.
  • Serves as project manager, team member or advisor on small to moderate-sized compensation projects by gathering, organizing and analyzing data as well as presenting findings and recommendations.
  • Proactively identifies opportunities to redefine and streamline processes, partners with key stakeholders to develop and implement changes and recommend best practices. Documents new procedures and workflows accordingly. Collaborates with colleagues to conduct root cause analysis, create recommendations for improvement.

Qualifications

  • Bachelor`s degree (preferably in Human Resources or Business Administration) or equivalent experience required, in addition to 5-7 years of relevant and progressively more responsible experience in compensation or other quantitative business field
  • Strong analytical, decision making, and problem solving skills
  • Excellent interpersonal, written and verbal communication skills with ability to articulate complex concepts; strong presentation and project management skills
  • Demonstrates strong business, analytical, and financial acumen, with ability to learn complex concepts quickly.
  • Ability to work well in a fast paced, time sensitive environment. Strong attention to detail and deadlines, effective at managing multiple priorities and addressing competing viewpoints.
  • Displays strong PC skills, to include Excel and PowerPoint

About Us

As a purpose-driven organization, Liberty Mutual is committed to fostering an environment where employees from all backgrounds can build long and meaningful careers. Through strong relationships, comprehensive benefits and continuous learning opportunities, we seek to create an environment where employees can succeed, both professionally and personally.At Liberty Mutual, we believe progress happens when people feel secure. By providing protection for the unexpected and delivering it with care, we help people embrace today and confidently pursue tomorrow.We are proud to support a diverse, equitable and inclusive workplace, where all employees feel a sense of community, belonging and can do their best work. Our seven Employee Resource Groups (ERGs) offer a centralized, open space to bring employees and allies together to connect, learn and engage.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: https://LMI.co/BenefitsLiberty 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

  • California
  • Los Angeles Incorporated
  • Los Angeles Unincorporated
  • Philadelphia
  • San Francisco

About the job

Apply before

Posted on

Job type

Full Time

Experience level

Senior

Location requirements

Hiring timezones

United States +/- 0 hours

About Liberty Mutual Insurance

Learn more about Liberty Mutual Insurance and their company culture.

View company profile

Liberty Mutual Insurance Company, founded in 1912 and headquartered in Boston, is the eighth largest global property and casualty insurer based on gross written premium in 2023. The company employs over 40,000 people across 29 countries. Liberty Mutual operates as a mutual holding company, meaning it is owned by its policyholders and focuses on providing a wide array of insurance products and services including personal automobile, homeowners, commercial multiple-peril, workers compensation, general liability, and specialty lines. The company's commitment to corporate responsibility and community engagement is evident in its initiatives to support inclusivity and sustainability.

The company’s annual revenue stood at approximately $49.4 billion for 2023, reinforcing its position as a leading player in the insurance market. Liberty Mutual is also recognized for its strong organizational culture that emphasizes innovation, diversity, and inclusion. As a major player in the insurance industry, it endeavors to help individuals and businesses mitigate risks and navigate the complexities of life and business, ensuring peace of mind for its clients. With a long-standing history, Liberty Mutual continues to adapt and grow, delivering valuable insurance solutions to its customers while maintaining a focus on shared values and community impact.

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Liberty Mutual Insurance

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Liberty Mutual Insurance hiring Senior Compensation Specialist • Remote (Work from Home) | Himalayas