Compensation Analyst Job at H.W. Kaufman Group, Farmington Hills, MI

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  • H.W. Kaufman Group
  • Farmington Hills, MI

Job Description

Summary:

We are seeking a detail-oriented and analytical Compensation Analyst to join our Human Resources team. The ideal candidate will play a key role in developing, implementing, and managing compensation programs that attract, retain, and motivate top talent.

Key Responsibilities:

  • Conduct market research and analysis to benchmark compensation practices against industry standards and competitors
  • Assist in the design and implementation of compensation programs, including salary ranges, geographic differentials, and variable pay plans
  • Analyze compensation data to identify trends and variances, and recommend changes as appropriate
  • Prepare compensation reports and recommendations
  • Assist with maintaining the job description library
  • Conduct periodic Fair Labor Standards Act analysis
  • Ensure compliance with relevant labor laws and regulations regarding compensation and reporting
  • Collaborate with HR and management to develop compensation strategies that align with business objectives
  • Support annual compensation planning processes, including merit increases and bonus allocations
  • Manage the compensation survey participation process and maintain survey library; research and identify new surveys as competitive landscape evolves
  • Provide guidance to HR and management on compensation-related inquiries and policies

Qualifications:

  • Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field
  • 3+ years of experience in compensation analysis or a related HR role, preferably in the insurance or financial services industry
  • Strong knowledge of compensation principles, practices, and relevant laws/regulations
  • Proficient in data analysis and reporting tools (Excel, HRIS systems)
  • Excellent analytical, problem-solving, and decision-making skills
  • Strong communication and interpersonal skills with the ability to work collaboratively
  • Detail-oriented with a strong commitment to accuracy

Benefits

  • Competitive base compensation
  • Employer paid continuing education courses and designations via access to Kaufman Institute
  • Health and welfare benefits including medical, vision and dental
  • 401K with employer match
  • Paid vacation, sick time, and holidays
  • Access to Kaufman Wellness Program
  • Flexible and hybrid work options

About Our Company

H.W. Kaufman Group is a powerful global network of companies dedicated to shaping the future of insurance. With thousands of dedicated professionals across an extensive network of over 60 offices around the world, we lead by offering innovative solutions that are at the forefront of the industry. We are privately owned and thus free from the influence of Wall Street. This allows us the ability to adapt to constantly fluctuating market conditions. From brokerage, underwriting, and real estate to claims, loss control and risk management services, our depth of services is unrivaled.

Equal Opportunity Employer

The H.W. Kaufman Group of companies is an equal opportunity employer. All employment decisions are based on business needs, job requirements and individual qualifications, without regard to race, color, religion, gender, gender identity, age, national origin, disability, veteran status, marital status, pregnancy, sexual orientation, genetic information or any other status or condition protected by the laws or regulations in the locations where we operate.

In addition, Kaufman will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

Job Tags

Flexible hours,

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