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Agency Compensation Consultant

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The Hartford

4.5

CT

Why you should apply for a job with The Hartford:

  • The Hartford is on FGB’s Best Companies for Women of 2020.

  • FGB'ers gave this company a 4.5/5 in overall job satisfaction

  • FGB’ers working at The Hartford rated their manager’s support a 4.5/5

  • The Professional Women’s Network (PWN) provides professional support, growth, advancement and networking to enable greater gender balance.

  • The Hartford offers diversity awareness training known as Appreciating Differences and Managing Inclusion.

  • Employees will be provided with leave of up to four weeks and paid at a rate of 100 percent of their base pay.

FGB'ers' job reviews

78%
Say women are treated fairly and equally to men
87%
Would recommend to other women
96%
Say the CEO supports gender diversity

#R228282

Position summary

You are a driven and motivated problem solver ready to pursue meaningful work. You strive to make an impact every day & not only at work, but in your personal life and community too. If that sounds like you, then you've landed in the right place.

The Hartford is seeking an Agency Compensation Analyst to support all The Hartford’s business units. The candidate will partner with Business Leaders, IT Leaders, Project Managers, Architects, and Finance to define & support the Agency Compensation spend.

This role supports the compensation team and timelines during annual program changes to working with CFO’s to forecast spends during the year. 

You will be utilizing technology and building requirements to design approaches to accomplish your goals and interpret data. You will also help monitor and ensure the quality and timeliness of compensation program by way of pragmatic thought and data driven recommendations.

This role can be hired at various levels depending on experience.

Responsibilities:​

  • Utilize resources and analytical tools such as SQL, Tableau, Tableau Prep, MS Excel & TOAD to develop models and forecasting tools to monitor our commission investments

  • Develop data sets and tools that will allow stakeholders to conduct analyses to drive segment compensation initiatives

  • Conduct analytics of financial and other quantitative data and develop analytical models; this individual will synthesize the results, apply critical reasoning, and make pragmatic and data-driven recommendations

  • Interact with home office CFO’s, home office Sales leadership, and field sales leadership to obtain proper information and understanding of the commission investments and utilization

  • Responsible for design, build and delivery of our Group Benefits and P&C pricing and financial modeling of compensation programs

  • Interpret data, formulate hypothesis, provide observations, and recommend enhancements to each of our program investments

  • Provide leadership, oversight, analytic support, and subject matter expertise in the development of compensation strategies for the field sales organization working closely with the P&C business segments

  • Responsibilities also include maintaining and supporting proper workflows, enhancing tools & models, identifying, and pursuing data deficiencies, support the compensation program requirements, explaining the rationale of deficiencies, and participate in the larger cross functional team initiatives to improve the areas efficiency and accuracy

Qualifications:

  • Minimum of 5 years of insurance industry experience.

  • Bachelor’s degree is preferred; a candidate pursing Finance, Accounting, or Economics is highly recommended

  • Mastery of Microsoft Products such as Excel & Access is required.  Competency with Tableau, Tableau Prep, and data modeling skills as well as knowledge of statistical and predictive modeling methods.

  • Excellent communication skills - both oral and written, formal and informal; effective at communicating complex analysis concisely.

  • Ability to work within a high pressure, multi-task environment due to the volume of work and compensation cycle.

  • Proactive individual, who challenges existing processes, can influence others and drive a process to a conclusion while meeting critical deadlines.

  • Strong project management and agile knowledge, specifically within a matrixed organization.

  • Willingness to learn new things, ability to handle change, and driven to succeed

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$54,480 - $133,080

Benefits

Our company’s success is due to our employees’ dedication and passion for their work. They are our greatest asset. That’s why we are committed to offering employees and their families a comprehensive benefits package and award-winning well-being programs. By helping our employees achieve their full potential, we unlock our own. Visit https://www.thehartford.com/careers/benefits for details.

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

Consultant Agency Comp - PR07GE

What are The Hartford perks and benefits

Lactation facilities

Fertility

Elder care

Child care subsidies

About the company

44934

The Hartford

Industry: Insurance: Property & Casualty

As an insurance company, we're in the business of helping others. For more than 200 years, we’ve done so, and continue to, with property and casual insurance, group benefits and mutual funds. But we’re also committed to making sure our impact goes far beyond an insurance policy. And our employees come together in pursuit of that common goal. Because when people's ...

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