Compensation & Total Rewards Lead

Summary:

• Duration: 6 Months
• Work Mode: Remote

Responsibilities:

• Conduct a comprehensive benchmarking analysis of salary, bonus, and total rewards across relevant markets (Life, P&C, and Health actuarial consulting).
• Identify appropriate peer groups and data sources, including both internal data and industry benchmarks/surveys.
• Analyze trends in compensation tied to actuarial credentials, exams, years of experience, and specialization areas.
• Develop structured salary ranges/guidelines by practice area, role/job family, level of experience, and actuarial exam progression/credential (e.g., ASA, FSA).
• Propose frameworks for base salary and total compensation positioning.
• Review current employee compensation data across practices, roles, and geographies.
• Assess alignment with market benchmarks, internal equity, and pay progression expectations.
• Identify outliers, compression issues, and inconsistencies.
• Partner with HR leadership to prioritize potential adjustments based on impact, risk, and budget considerations.
• Evaluate broader rewards package (benefits, incentives, exam support, etc.).
• Recommend enhancements to improve competitiveness and retention.
• Present findings and recommendations to HR leadership and senior business stakeholders.
• Develop clear, actionable reports and tools (e.g., compensation bands, guidelines, dashboards).
• Provide documentation to support ongoing compensation management.

Requirements:

• 5 years of experience working in compensation, human resources, finance, or HR analytics roles.
• Strong proficiency in Microsoft Office, especially Excel and PowerPoint; must be comfortable working with and manipulating large amounts of data in Excel (pivot tables, modeling, etc.).
• Experience working with compensation survey data, preferably in actuarial, insurance, consulting, or professional services environments.
• Familiarity with actuarial career paths and credential structures (ASA, FSA, exams).