Compensation Analyst - Grange

06/11/2024 12:30 PM | Anonymous member (Administrator)


Position Title: Compensation Analyst (Grade J)

Ready to be a part of our Team? Grange Insurance provides more than peace of mind and protection during life’s unexpected events. Named “Top Workplace in Columbus,” in 2023 and “Top Workplace in Columbus for Young Professionals” in 2024, Grange encourages Associates to explore their potential, think creatively and push the boundaries of innovation and success. At Grange, you’ll find a high-performing, collaborative team and a financially strong and stable company.

It’s ok if you don’t meet every requirement. At Grange, we prioritize creating a diverse, equitable and inclusive workplace. If you're enthusiastic about this role but your previous experience only partially matches qualifications in the job description, we still encourage you to apply. We believe in fostering growth and providing opportunities for continuous learning and development of skills as you progress in your career with us. 

Summary: This position is responsible for developing, implementing and consulting with all levels of management regarding non-officer compensation programs and special incentive programs.  Ensure compliance, recommend, and implement new and revised compensation programs, policies, and procedures in order to be responsive to the company’s goals and competitive practices. 

What You’ll Be Doing:

  • Consult with all levels of management on base pay programs. Including:
    • Coordinate the administration of the annual merit salary increase process (e.g., communications, spreadsheet collection process, audit & approval of merit recommendations, creation of statistical reports, and oversight of the payroll upload process),
    • Oversee the processing & audit of off-cycle merit & promotional salary adjustments, and
    • Analyze, recommend, implement, and communicate annual changes to the salary schedule (pay grades) and merit salary adjustment matrix.
  • Independently manage and consult with management on job classifications for all non-officer jobs, including job design, job analysis, job description documentation, evaluation and pricing for internal and external competitiveness.
    • Using a market pricing job evaluation methodology, evaluate and grade job descriptions. Assist managers in the writing and development of job descriptions and job families.  Ensure consistent grading and internal equity across Grange’s various lines of business. Using Fair Labor Standards Act (FLSA) regulations, determine and assign exemption classifications (exempt vs. non-exempt) for all new and existing job descriptions.
  • Direct and ensure compliance with all state and federal compensation statutes and legislation, including:  FLSA (determining exemption status of jobs and monitoring classification of associates); minimum wage; pay equity etc.  Partners with General Counsel regarding compliance issues and strategies.
  • Oversee the selection, participation/completion, review, and analysis of third-party compensation surveys. May create and administer independent compensation surveys. Use appropriate data to create analyses comparing the company’s compensation levels versus market. Analyses may be prepared for individual jobs, departments or company-wide.
  • Consult with all departments on pay decisions, policy and guideline interpretation and job evaluations, including the design of creative solutions to specific compensation-related problems/issues.
  • With minimal oversight, manage to completion a variety of special projects as assigned. 
  • Evaluate current processes and identify, recommend, and implement improvements.

WHAT YOU’LL BRING TO THE COMPANY:

Bachelor’s degree or comparable education and experience preferred; Certified Compensation Professional (CCP) designation highly desired. Four or more years of broad-based experience in the analysis and administration of compensation processes strongly preferred. Must have strong oral and written communication skills. Must have strong interpersonal skills and ability to communicate compensation and job evaluation decisions to all levels of associates & management. Must have experience creating and maintaining database applications and extracting data for presentation in a logical manner. Must be proficient with various software packages including spreadsheet, database, and word processing applications, expertise with Microsoft Office products required. Must be a self-starter, well organized, detail oriented and have confidence to work independently but also be a strong team player.

About Us:

Grange Insurance Company, with $3.2 billion in assets and more than $1.5 billion in annual revenue, is an insurance provider founded in 1935 and based in Columbus, Ohio. Through its network of independent agents, Grange offers auto, home and business insurance protection. Grange Insurance Company and its affiliates serve policyholders in Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and Wisconsin and holds an A.M. Best rating of "A" (Excellent).

Grange understands that life requires flexibility. We promote geographical diversity, allowing hybrid and remote options and flexibility in work hours (role dependent). In addition to competitive traditional benefits, Grange has also created unique benefits based on employee feedback, including a cultural appreciation holiday, family formation benefits, compassionate care leave, and expanded categories of bereavement leave.   

Who We Are:

We are committed to an inclusive work environment that welcomes and values diversity, equity and inclusion. We hire great talent from various backgrounds, and our associates are our biggest strength. We seek individuals that represent the diversity of our communities, including those of all abilities. A diverse workforce's collective ideas, opinions and creativity are necessary to deliver the innovative solutions and service our agency partners and customers need. Our core values: Be One Team, Deliver Excellence, Communicate Openly, Do the Right Thing, and Solve Creatively for Tomorrow.

Our Associate Resource Groups help us create a more diverse and inclusive mindset and workplace. They also offer professional and personal growth opportunities. These voluntary groups are open to all associates and have formed to celebrate similarities of ethnicity/race, nationality, generation, gender identity, and sexual orientation and include Multicultural Professional Network, Pride Partnership & Allies, Women's Group, and Young Professionals.

Our Diversity, Equity and Inclusion Council, created in 2016, is focused on professional development, networking, business value and community outreach, all of which encourage and facilitate an environment that fosters learning, innovation, and growth. Together, we use our individual experiences to learn from one another and grow as professionals and as people.  

We are committed to maintaining a discrimination-free workplace in all aspects, terms and conditions of employment and welcome the unique contributions that you bring from education, opinions, culture, beliefs, race, color, religion, age, sex, national origin, handicap, disability, sexual orientation, gender identity or expression, ancestry, pregnancy, veteran status, and citizenship.

Grange Enterprise is proud to be part of the CEO Action for Diversity and Inclusion™, a national initiative of more than 1400 CEOs working for the advancement of diversity and inclusion within the workplace. 

Interested? Learn more here!

© Columbus Compensation Association
P.O. Box 164022
Columbus, OH 43216
info@columbuscomp.org

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