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Senior Compensation Analyst
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$90k-108k (estimate)
Full Time Just Posted
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Texas Mutual Insurance Company is Hiring a Senior Compensation Analyst Near Austin, TX

We're excited you're considering joining a great place to work!
Texas Mutual is deeply committed to creating and maintaining an environment of mutual respect and is proud to be an equal opportunity employer. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to age, race, color, national origin, religion, sex, gender identity, sexual orientation, genetic information, veteran status, or any other basis protected by local, state, or federal law.
About this Position
At Texas Mutual, our vision is to create a stronger, safer Texas. That means helping injured workers return to a productive life, empowering businesses to thrive, and giving back to our communities.

The HR team plays a major role in these efforts by ensuring we offer competitive compensation programs and maintaining a focus on our People and our Culture.
As a Senior Compensation Analyst, you will administer our compensation programs to ensure alignment with our compensation philosophy. We will provide advanced tools to ensure your success, including Workday HCM, MarketPay, a robust survey library, and opportunities for professional development. You will directly impact our ability to attract and retain the best employees.

Working for Texas Mutual brings many benefits. This job offers the opportunity for a flex-hybrid work environment. You'll also have the opportunity to work from anywhere in the U.S. for two weeks each year, in addition to vacation, personal and sick time. Giving back to the community is at the heart of what we do. You can volunteer during the workday with organizations that are most meaningful to you.

If this sounds right for you, apply for the position today!
Responsibilities & Qualifications
In this role, you can expect to:
  • Research, analyze and develop recommendations for compensation programs (base pay, salary structures, and incentive programs) that align with our compensation philosophy and business objectives
  • Communicate/educate stakeholders on compensation program structure and operation
  • Analyze and make competitive employee pay recommendations to management based on analysis of the market data and internal equity
  • Evaluate, benchmark, and market price jobs utilizing salary surveys or slotting. Participate in salary and salary planning surveys.
  • Administer the annual compensation planning processes (merit and incentives)
  • Analyze and forecast annual compensation program budgets, including merit increases and incentive programs
  • Assist in the development and modification of salary ranges
  • Assist the Board of Directors with Executive and Board compensation reviews
  • Configure and maintain the HCM compensation modules
  • Configure and maintain survey management systems (PayScale/MarketPay)
  • Develop and maintain knowledge and understanding of our job(s) model
  • Design and prepare reports, presentations and memos for management
  • Ensure compensation programs comply with all applicable laws and regulations.
The successful candidate must have:
  • Bachelor's degree or equivalent education, training and experience
  • At least four years of related work experience or any equivalent combination of education, training, and experience that provides the skills necessary to perform the essential functions of the job
  • Certified Compensation Professional (CCP) Designation
  • Experience with Workday or other HCM system
Flex-Hybrid Work Environment:
Texas Mutual's flex-hybrid schedule allows you to bring your best self to work by working remotely and collaborating in the office based on business needs. All Texas Mutual employees are required to have Texas residency and travel to their designated office as needed.
Our Benefits:
  • Flex-hybrid work environment for most positions
  • Annual performance bonus and merit-based pay increase
  • Professional development and tuition reimbursement
  • Automatic 4% employer contribution to retirement plan
  • 401k plan with 100% employer match up to 6%
  • Three weeks' time off for vacation
  • Nine paid holidays and two personal days each year
  • Generous sick, holiday and volunteer time off
  • Day one health, Rx, vision and dental insurance
  • Life and disability insurance
  • Flexible spending account
  • Pet coverage and pet Rx discounts
  • Free on-site gym, fitness classes, and health and wellness resources
  • Free identity theft protection
  • Free 2nd medical opinion service
  • Free student loan repayment and refinancing consultation
  • Employee referral bonus

Job Summary

JOB TYPE

Full Time

SALARY

$90k-108k (estimate)

POST DATE

05/06/2024

EXPIRATION DATE

05/19/2024

WEBSITE

texasmutual.com

HEADQUARTERS

HOUSTON, TX

SIZE

500 - 1,000

FOUNDED

1991

CEO

BILL WEATHERALL

REVENUE

$1B - $3B

INDUSTRY

Insurance

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About Texas Mutual Insurance Company

Texas Mutual Insurance Company, the state's leading workers' compensation provider, has a strong foundation of success. We insure 40% of the Texas workers' compensation market, which means that more than 64,000 business owners rely on us to meet the needs of their 1.4 million workers every day. Our exceptional employees answer the call by providing strategic safety services, top-notch medical care coordination if an accident occurs, claims handling designed to get workers well and back on the job, and a zero-tolerance fraud policy. We help employees deliver by giving them the training, technol...ogy, tools and support needed to perform. Our competitive salaries, award-winning benefits package, and employee recognition programs are just a few of the reasons our average employee tenure is 10 years. We empower career growth with our professional development opportunities, and support our employees' efforts to make a difference in the communities in which they live. Texas Mutual is always seeking talented, dedicated people to join its team. Read more about why so many choose to work with us at the Careers page at texasmutual.com. More
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The following is the career advancement route for Senior Compensation Analyst positions, which can be used as a reference in future career path planning. As a Senior Compensation Analyst, it can be promoted into senior positions as a Stock Plan Administrator III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Senior Compensation Analyst. You can explore the career advancement for a Senior Compensation Analyst below and select your interested title to get hiring information.

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