Senior Compensation Advisor
Publication date:
09 November 2024Workload:
100%Contract type:
Permanent position- Place of work:HARTFORD
Senior Compensation Advisor
Stamford, CT I Hartford, CT I New York, NY I Chicago, IL I USA
We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients’ potential, thereby fulfilling our own. Take it seriously.
Make it fun. Know it matters.
DISCOVER your opportunity
The AXA XL Human Resources department supports over 7,000 colleagues globally. The team consists of a network of HR Business Partners that are strategically aligned with AXA XL Leadership Team members and the global teams they lead, and that partners with our Centers of Expertise (CoE) in Talent Acquisition and Development, Compensation, Benefits and HR Operations.
The strategic focus of Human Resources is to deliver the talent agenda in a World-Class way. We do this by designing and delivering programs, initiatives, tools, and processes that enable AXA XL to attract, manage, engage, develop, and retain the global talent needed to deliver on our opportunity and aspiration. Further, we are continuously improving HR capabilities and processes to support the business in a highly professional, efficient, and cost-effective manner.
As the Compensation Analyst (Advisor), you will provide support in managing the communication, design, implementation, and administration of AXA XL’s compensation programs. This includes market pricing/analysis, compensation surveys, job leveling/broadband structure and other aspects of compensation to ensure AXA XL is able to effective recruit and retain top talent.
What will your essential responsibilities include?
- Preparing and analyzing internal and external compensation offers ensuring market competitiveness and internal equity.
- Assisting in the annual administration and participation of external compensation surveys.
- Administering and completing ad hoc compensation analyses, collecting, and analyzing relevant compensation data.
- Assisting in the development and leveraging of standardized tools used for analyses, recommendations, and consultation with clients.
- Assisting Human Resources Business Partner team with compensation related inquiries; including supporting smaller business lines.
- Supporting the overall planning and execution of the Year End Compensation Process.
- Participating in testing and administration of the compensation planning tool.
- Acting as the subject matter expert (SME) on compensation matters related to the Year End Process, under general guidance.
- Auditing and clarifying data and reporting structures throughout the Year End Process.
- Assisting in any projects supporting the continuous improvement of existing compensation programs e.g., pay equity.
- Supporting Compensation Partners, Senior Compensation Partners and Head of Total Rewards with various administrative activities and reporting for senior level leaders.
- Supporting the global compensation team with coordination and delivery of training and communication materials
You will report to the Head of Total Rewards - Americas.
SHARE your talent
We’re looking for someone who has these abilities and skills:
- Bachelor’s degree in business or a related field is required. The ideal candidate will have relevant HR/Compensation experience.
- Comprehension of local compensation issues and trends, with a working knowledge of global understanding preferred.
- Previous Financial Services experience and some knowledge of the insurance sector is desirable.
- Robust analytical and organizational skills with high degree of attention to detail.
- Working knowledge of MS Excel and understanding of vlookups, percentiles, pivot tables and if statements.
- Experience with Oracle Fusion HCM or similar cloud based HCM product knowledge desirable.
- Able to communicate effectively and interact through outstanding interpersonal skills across all levels of the organization.
- Ability to work in a fast-paced environment and prioritize work accordingly.
- Some knowledge of market surveys is desirable.
FIND your future
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
Inclusion & Diversity
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic.
At AXA XL, we know that an inclusive culture and a diverse workforce enable business growth and are critical to our success. That’s why we have made a strategic commitment to attract, develop, advance and retain the most diverse workforce possible, and create an inclusive culture where everyone can bring their full selves to work and can reach their highest potential. It’s about helping one another — and our business — to move forward and succeed.
- Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe
- Robust support for Flexible Working Arrangements
- Enhanced family friendly leave benefits
- Named to the Diversity Best Practices Index
- Signatory to the UK Women in Finance Charter
Learn more at axaxl.com/about-us/inclusion-and-diversity. AXA XL is an Equal Opportunity Employer.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called “Roots of resilience,” focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars:
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We’re committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We’re training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
- AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL’s “Hearts in Action” programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see Sustainability at AXA XL.
The pay range for this position is $64,500 – $114,500. Actual pay will be determined based upon the individual’s skills, experience and location. We strive for market alignment and internal equity with our colleagues’ pay.
At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL’s benefits offerings, please visit US-Benefits-at-a-Glance_2023_US.pdf (myaxaxlbenefits.com).