Senior Compensation Analyst designing compensation and incentive programs for Liberty Mutual Canada’s commercial insurance business. Modeling costs, analyzing pay equity, and advising HR and business leaders.
Responsibilities
Lead comprehensive market analyses to assess compensation program competitiveness and provide recommendations to HR and business leaders.
Design, evaluate, and enhance compensation and incentive programs.
Develop and maintain financial and compensation models to evaluate costs, model scenarios, assess effectiveness, and support implementation planning.
Translate complex data and business context into practical recommendations.
Conduct pay equity analyses and maintenance activities for Canadian locations, including Toronto, Montreal, Calgary, Vancouver, and Halifax.
Participate in market and custom compensation surveys using external data and industry trends.
Perform job evaluations across functions and levels.
Support administration and execution of salary structures, annual compensation planning, incentive plans, pay policies, and employee recognition initiatives.
Partner with Total Rewards, HR, and business leaders to deliver tailored compensation solutions.
Contribute to special projects and research on wellness programs, Total Rewards trends, and the employee value proposition.
Requirements
Bachelor's degree in Business Administration, Human Resources, Finance, Economics, or a related discipline preferred.
Certified Compensation Professional (CCP) designation or progress toward completion is considered an asset.
Minimum of 8 years of progressive Total Rewards experience, with deep expertise in compensation strategy, program design, incentive plan design, compensation administration, and compensation principles.
Advanced financial modeling skills, including evaluating cost implications, developing scenario analyses, interpreting results, and translating findings into actionable business recommendations.
Strong analytical and problem-solving capabilities.
Ability to synthesize market, financial, and business data into clear, concise, and impactful insights.
Ability to navigate ambiguity, structure complex issues, and exercise sound judgment.
Exceptional organizational and project management skills, with ability to manage competing priorities in a fast-paced environment.
Ability to work independently while fostering partnerships and collaboration across teams.
High degree of professionalism and discretion; commitment to accuracy, security, and confidentiality of sensitive information.
Advanced proficiency in Microsoft Excel, PowerPoint, and other Microsoft Office applications, including complex financial models, scenario analyses, data visualizations, and executive-level presentations.
Benefits
A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance.
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