Hiring.Camp

Compensation Director

Libertymutual

·

Aug 27, 2024

Salary
$120k – $225k
Location
Boston, MA, US · Remote, US
Workplace
Remote
Type
Full-time
Department
Human Resources
Seniority
Director
Education
Bachelor
Closing date
Today
Source
iCIMS

Description

Description

Agency Distribution Solutions (ADS) Finance & Accounting is looking for an experienced leader to be our Compensation Director. In this role, you will lead our Compensation Operations team, a function critical to ensuring Comparion Insurance Agency's agents and managers are paid accurately and on time every month. In this role, you will set the strategic direction for the team, first and foremost ensuring the monthly compensation cycle is executed reliably and without disruption. From there, you will balance hands-on leadership with a focus on innovation, championing the adoption of new tools and technologies to modernize how compensation is processed.

This is an opportunity to build and elevate a high-performing team, strengthen partnerships across the organization, and serve as a trusted voice on compensation operations matters — from Comparion leadership down to individual agents and managers. You will work with a high degree of autonomy, exercising judgment on complex, organization-wide initiatives and setting direction for the team.

Responsibilities:

  • Leads the entire Compensation Operations team, overseeing the process that turns 90+ monthly carrier commission statements into accurate compensation for ~1,500 Comparion agents and managers.
  • Manages and develops a team of eight, including managers and individual contributors, building talent and capability across the team.
  • Ensures compensation is processed accurately and completed in time for the monthly bonus period close.
  • Drives continuous process improvement initiatives focused on compensation accuracy, efficiency, and the automation of manual work.
  • Champions the adoption of AI and other emerging technologies to enhance and modernize compensation processes.
  • Works cross-functionally with other Finance and ADS teams to ensure compensation transactions reconcile to reporting, bank transactions, and carrier statements.
  • Partners with the Compensation Design team to evaluate new ideas and ensure they are operationally sound and ready to go to market.
  • Partners with ADS and LM technology and Product Owner teams to ensure compensation technology is stable and working as needed, and to evaluate improvements that can be implemented in the future.
  • Communicates effectively with Comparion and ADS leadership, and Comparion managers and agents as needed, serving as a trusted point of contact on compensation operations matters.

Qualifications

  • Advanced to expert level knowledge of data sources, tools, applications and business drivers.
  • Advanced knowledge of business operations, policies, procedures and priorities, to include a strong understanding of the function's value chain and market conditions.
  • Solid ability to select, develop and engage employees.
  • Strong ability to exercise influence and build consensus; communication skills;
  • Promote collaboration, teamwork and change initiatives; and to build value for customers through a service orientation, innovation, and continuous improvement.
  • Displays sound business acumen and integrated thinking.
  • Competencies typically acquired through a Bachelor's degree or equivalent experience. Advanced degree preferred. Minimum of 10 years of relevant experience to include business analysis work and prior experience working in an effective leadership and/or management capacity.

 

Employees may apply for a new role after completing 12 months of employment in their current position.

 

Employees should review all role requirements and apply only for positions for which they are eligible. Hiring processes may vary by country, including differences in procedures, requirements, and timelines.  For country-specific details, please consult your local recruiting / HR team.

Travel

10%

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