Compensation Specialist
$91,000–$181,900 year
HybridNew York, United States
Job Summary
Act as a trusted advisor to Guy Carpenter's People Partners and business leaders, delivering strategic compensation advice and scalable solutions. Manage initiatives including variable compensation plan design, salary structure reviews, market analysis, and year-end planning. Prepare advanced analyses, conduct job evaluations, and benchmark roles using market data to inform pay decisions. Independently lead project workstreams, track milestones, and present executive-ready findings to stakeholders. Support the design and administration of base pay and incentive programs aligned to business strategy while ensuring adherence to governance standards and regulatory requirements. Handle highly sensitive information with discretion and partner with HR and Finance to support forecasting and budgeting cycles.
Required Qualifications
- Bachelor's degree or equivalent relevant experience
- A minimum of 5 years of professional experience in compensation, rewards, or a closely related analytical field
- The position is based in New York and is a hybrid role that requires working in the office at least three days per week
- Experience with compensation benchmarking, job evaluation, salary structures, and incentive plan analysis
- Experience working with HRIS and compensation planning systems, such as Workday or similar platforms
- Experience supporting annual compensation review cycles, incentive planning, and market pricing in a complex organization
- Experience supporting compensation in financial services, insurance, or a similarly regulated industry
- Familiarity with compensation survey providers, including Mercer, WTW, and Radford McLagan, and other external market data sources
Desired Qualifications
- Demonstrated client management skills and broad knowledge of compensation issues, including market trends, regulatory changes, and best practices
- Experience leading rewards projects, with the ability to build consensus, manage expectations across a wide range of stakeholders, coordinate multiple workstreams, and prioritize work
- Strong analytical and problem-solving abilities, including advanced Excel skills (pivot tables; XLOOKUP; INDEX-MATCH; nested IF statements; SUMIFS/COUNTIFS; IFERROR) and experience performing scenario analysis, reconciliations, and trend analysis to interpret complex data sets and inform compensation decisions
- Experience using AI to simplify work and enhance results; AI fluency and genuine curiosity about using AI to reshape work
- Strong written and verbal communication skills, including the ability to translate complex analysis into practical recommendations
- Demonstrated ability to manage multiple priorities with strong attention to detail, accuracy, and follow-through
- Proficiency in Excel modeling, PowerPoint, and data visualization/reporting tools
- Ability to handle sensitive and confidential information with sound judgment and discretion
- Experience working effectively in a global, matrixed, and fast-paced environment
- Proven track record of developing and implementing strategic compensation programs in a complex, global organization
- High ownership and drive; pushes work forward without waiting for direction and is comfortable operating at a fast pace with high expectations
- Consulting-grade problem-solving skills: structures ambiguity, reasons from hypotheses, and builds a compelling, evidence-based case for change
- Outcomes over activity: relentless focus on delivering results
- Ability to influence stakeholders through strong judgment, credible analysis, and a collaborative approach
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