Senior Manager Compensation

Progressive

(Mayfield, Ohio)
Full Time
Job Posting Details
About Progressive
The Progressive Group of Insurance Companies has always lived up to its name by being one step ahead of the insurance industry, and finding new and affordable insurance solutions. We began in 1937 with the first drive-in claims office, became the first to introduce reduced rates for low-risk drivers, and then changed the insurance shopping experience by offering comparison rates on the Web.
Summary
As our Senior Manager Compensation, reporting to the Business Leader for Compensation and Benefits, you will support and drive the compensation strategy, programs and practices throughout the company. In this role you will lead a team of Compensation Analysts, providing direction and performance management, with responsibility for a budget of approximately $2 billion. You will maintain Progressive’s desired competitive position by researching and presenting strategic recommendations regarding compensation policies and practices, while assuring regulatory compliance of compensation programs. You will work with the Business Leader, Compensation and Benefits, to research, design and develop compensation strategy for Executive Team and Board of Directors.
Responsibilities
* Participating in compensation surveys; analyzing the outcomes and presenting recommendations * Assisting the Business Leader, Compensation and Benefits to research, design, and develop compensation strategy for Executive Team and Board of Directors * Providing internal support to HR and management to design, develop, model and cost compensation programs, while making recommendations and advising management * Developing and maintaining compensation program guidelines and policies; participating in the development of communication and rollout strategies * Overseeing the development and maintenance of job documentation for use in job evaluations, recruiting and performance management in collaboration with managers and HR * Leading large compensation projects; understanding and anticipating the implications of potential companywide impact * Developing and implementing process improvements for the department consistent with Companywide policy, procedures and practices
Ideal Candidate
* Bachelor's degree required * 10-15 years related work experience in Compensation in Fortune 500 environment * Fluency in compensation procedures, principles and concepts in the following areas: executive and director compensation design and implementation, base pay administration, reward and recognition programs * Current in Federal and state regulations governing compensation and employment including: Fair Labor Standards Act, Americans with Disabilities Act, Equal Pay Act, Age Discrimination in Employment Act * Demonstrated leadership skills including establishing strategic direction, providing operational oversight and motivating a workgroup to achieve operating goals and objectives * Ability to define problems, collect and analyze data and draw valid conclusions * Significant process and project management experience (planning, prioritizing, and organizing) * Flexible communication & presentation skills with the ability to also influence senior leadership and gain consensus among peers * Ability to prepare reports, read the room and conduct presentations to management and employee groups
Compensation and Working Conditions
Benefits Benefits included

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