Senior Compensation Analyst

Are you a skilled and experienced compensation professional looking for a new opportunity? Look no further! Geico Auto Insurance is seeking a Senior Compensation Analyst to join our dynamic team. In this role, you will play a crucial role in designing, implementing, and evaluating our compensation programs to attract and retain top talent. We are looking for a strategic thinker with a strong analytical mindset and a passion for driving business results through effective compensation strategies. If you have a deep understanding of compensation principles and the ability to communicate complex data in a clear and concise manner, we want to hear from you! Join us and make an impact on the success of one of the nation's leading auto insurance companies.

1. Develop and implement compensation strategies and programs that align with the company's business objectives and attract top talent.
2. Conduct research and analysis to evaluate the effectiveness of current compensation programs and make recommendations for improvements.
3. Collaborate with HR and business leaders to understand their compensation needs and provide guidance on best practices and market trends.
4. Review and approve job descriptions and salary structures to ensure internal equity and external competitiveness.
5. Lead the annual performance review and salary increase process, ensuring fairness and consistency across the organization.
6. Conduct market salary surveys and analyze data to determine competitive compensation ranges for various roles.
7. Stay updated on industry trends and legislation related to compensation and make necessary adjustments to the company's programs.
8. Prepare and present reports and presentations on compensation data and trends to senior leadership.
9. Provide guidance and support to HR and managers on compensation-related issues, including job offers, promotions, and salary adjustments.
10. Ensure compliance with all legal and regulatory requirements related to compensation.
11. Collaborate with the HRIS team to ensure accurate data management and reporting for compensation programs.
12. Mentor and train junior compensation analysts to ensure a strong and cohesive team.
13. Continuously monitor and evaluate the effectiveness of compensation programs and make recommendations for changes as needed.

According to JobzMall, the average salary range for a Senior Compensation Analyst in Fredericksburg, VA 22401, USA is $79,000-$110,000 per year. This can vary depending on factors such as experience, education, and the specific company or industry the analyst is working in.

The Government Employees Insurance Company is an American auto insurance company with headquarters in Chevy Chase, Maryland. It is the second largest auto insurer in the United States, after State Farm. It's Parent organization is Berkshire Hathaway.