Director Benefits and Compensation

Company: ProAssurance
Location: Birmingham
Posted on: February 1, 2025

Job Description:

Director Benefits and CompensationApply locations: Birmingham, AL; Lancaster, PATime type: Full timePosted on: Posted 7 Days AgoJob requisition id: R2921An exciting opportunity exists to join the ProAssurance family of companies!Our mission is powerful and simple: We protect others. Choosing a place to apply your talents is an important decision for anyone. You have plenty of options. Why choose ProAssurance?At ProAssurance, we sell a pledge, and that pledge is delivered by our team members. We are seeking individuals who value integrity, leadership, relationships, and enthusiasm-and want to build their career with a great company where they can be their authentic self and feel valued, recognized, and rewarded for their contributions. ProAssurance specializes in healthcare professional liability, products liability for medical technology and life sciences, legal professional liability, and workers' compensation insurance. We are an industry-leading specialty insurer operating in all 50 states, with in-office, hybrid, and remote job opportunities around the country.This position supports our Corporate line of business and is hybrid, based in Birmingham, AL or Lancaster, PA.The Compensation and Benefits Director develops and administers all compensation and benefit programs designed to attract and retain team members. Ensures compensation and benefit programs and policies are compliant with federal and state regulations. Monitors trends and provides recommendations to enhance benefit offerings that support the wellbeing of team members and their families while working within budget constraints.Essential Duties and Responsibilities:35% - Manage the salary administration program.

• Manage compensation programs and provide technical guidance to Human Resources and business leaders.
• Perform job analysis on all new and redefined positions, assign appropriate pay grades, and recommend salary adjustments within stated guidelines. Collaborate with HR Business Partner on salary recommendations for new hires and promotions.
• Manage and oversee the merit and annual performance bonus programs within the Human Capital Management (HCM) system and program targets.
• Work closely with Executive VP and CHRO (EVPCHRO) to recommend changes to merit matrix, promotion guidelines, and salary ranges.
• Design and facilitate the Salary Administration training through the Leadership That Works Tier 1 program.35% - Serve as Plan Administrator for the company-sponsored benefit program.
• Manage health and welfare plan design and offerings that balances the organization's Employer of Choice position while managing and controlling overall costs. Work closely with the benefits broker and EVPCHRO to recommend plan changes and enhancements. Oversee the annual Open Enrollment including updates to the HCM and creating enrollment communication. Serve as the ProActive Wellness Program Champion.
• Manage the 401k retirement plan providing technical expertise and guidance to team members. Ensure plan is compliant with ERISA regulations and in accordance with the Plan Document. Manage the annual audit and 5500 filing. Complete annual compliance testing and true-up calculation. Serve as a member of the Fiduciary Committee.
• Manage the Non-Qualified Deferred Compensation plan including annual open enrollment and education. Calculate the annual company match for each eligible participant.
• Oversee all leave programs. Provide oversight to third-party leave administrator and counsel team members on leave policies and process.15% - Leadership and Management:
• Lead, manage, support, and provide development opportunities to Compensation and Benefits Analyst.
• Provide vision, inspiration, and trust in managing direct reports to ensure staff obtain and can clearly communicate organizational and departmental goals and metrics and take ownership of work product.Secondary Responsibilities:
• Prepares and implements health and welfare budget.
• Participate in department, cross-departmental, and organization-wide projects.
• Other duties as assigned.Qualifications:
• Bachelor's degree in business, human resources or a related field with a minimum of eight years of varied Human Resources experience or a minimum of sixteen years of HR experience required for candidates without a degree.
• Minimum five years of experience administering compensation and benefits.
• Minimum four years leading, supervising, and/or managing others.
• Certified Compensation Professional (CCP), Certified Benefits Professional (CBP) or Certified Employee Benefit Specialist (CEBS) certification preferred.
• Must have strong organizational skills, attention to detail, and ability to manage competing priorities.
• Flexible and able to adapt to a rapidly changing environment.
• Positive, self-motivated individual who can complete goals and projects independently.
• Excellent written and verbal communication.
• Excellent relationship building ability. Relates well to team members at all levels including senior leadership.
• Excellent analytical, problem solving, and decision-making skills.
• Strong documentation, communication, and collaboration skills.We are committed to providing a dynamic and inclusive environment where everyone can do their best work and grow personally and professionally.For that reason, we partner with The Predictive Index (PI) - an organization equally committed to improving the working lives of people, to help us hire the best talent by providing additional insight about one's work style.The position you applied to requires completion of two assessments prior to being scheduled to interview with a hiring manager. Completion of the assessments is not required in order for your application to be reviewed and to speak with a Talent Acquisition team member. These assessments are Behavioral and Cognitive (internal candidates will only receive the Behavioral assessment), and each assessment takes less than 12 minutes to complete.After submitting your application, you will receive two emails from The Predictive Index inviting you to complete each of these assessments (please check your SPAM or Junk email folder if you do not see these emails in your inbox).Position Salary Range$110,923.00 - $183,041.00The salary range displayed represents the entirety of the pay grade for this position. Most candidates will start in the bottom half of the range. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, your location and comparison to other team members already in this role.Build your career with us and enjoy access to a best-in-class benefits program.
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Keywords: ProAssurance, Montgomery , Director Benefits and Compensation, Executive , Birmingham, Alabama