Compensation Manager
Location:
Los Angeles , California
Posted:
December 29, 2017
Reference:
170009EF
We are Farmers!

Join a team of diverse professionals at Farmers to acquire skills on the job and apply your learned knowledge to future roles at Farmers. Farmers Insurance also offers extensive training opportunities through the award winning University of Farmers named by Training magazine amongst top 10 corporate training units in the world. Start your career at Farmers today!

Job Summary
  • Manages the planning, project management, design, development, implementation and administration of compensation programs and policies that support the business strategy and talent objectives of the organization; ensures programs are competitive with the industry and conform to statutory requirements.
  • Acts as a business partner to client groups through the understanding of their business and current and future needs; serves as the primary contact for strategic initiatives, projects and services.
  • Provides guidance to complex compensation matters, as well as works collaboratively with client groups to deliver innovative solutions that meet business needs while aligning to the organization's philosophy.
  • Reviews and recommends communication strategies that minimize work disruptions due to change initiatives.
  • Accountable for leading, coaching and developing a team of professionals.

Essential Job Functions
  • Manages the planning, project management, design, development, implementation and administration of compensation programs and policies that support the business strategy and talent objectives of the organization; ensures programs are competitive with the industry and conform to statutory requirements.
  • Provides leadership on the completion of complex compensation projects and provides guidance to client groups/colleagues.
  • Acts as a business partner to client groups through the understanding of their business and current and future needs; serves as the primary contact for strategic initiatives, projects and services.
  • Provides guidance to complex compensation matters, as well as works collaboratively with client groups to deliver innovative solutions that meet business needs while aligning to the organization’s philosophy.
  • Reviews and recommends communication strategies that minimize work disruptions due to change initiatives.
  • Ensures internal compensation practices are consistently applied and followed and in compliance with applicable regulations.
  • Provides oversight on the completion of internal equity reviews and on the administration of the short, long and sales incentive programs, annual merit, job evaluation and market pricing processes, survey participation, job description development and salary structure adjustments.
  • Responsible for the management and maintenance of the corresponding HRIS systems, as well as analysis and reporting.
  • Oversees executive compensation programs and processes; acts as liaison between Zurich client groups for executive compensation matters.
  • Accountable for leading, coaching and developing a team of professionals.

Physical Actions

Physical Environment

Education Requirements
  • Bachelor’s degree preferred, preferably in Business or Human Resources.
  • Completion of HR designation (i.e. CCP, SPHR, CEBS); CCP preferred.

Experience Requirements
  • 7+ years compensation experience preferred.
  • Executive compensation experience preferred.

Special Skill Requirement
  • Strong skills/ability required in the following areas:
    • Leadership orientation.
    • Consulting, collaboration and conflict resolution.
    • Communication, influencing and presentation.
    • Analytical, project management and financial modeling.
    • Organizational, follow-up and attention to detail.
    • Manage multiple priorities and meet deadlines.
    • Discretion in dealing with confidential information.
    • Work independently while flourishing in a team-oriented environment.
    • Customer service/results oriented.
    • Knowledge of compensation practices and federal/state wage and hour regulations.
    • Excel as well as other Microsoft Office, HRIS, web-based applications.

Farmers is an equal opportunity employer, committed to the strength of a diverse workforce.


A little about us:

Not ready to apply? Join our Talent Network.

Know someone who would be interested in this job? Share it with your network.