Compensation/Total Rewards Manager

Location: Greenwich CT

About the job

Company Details

“Our Company provides a state of predictability which allows brokers and agents to act with confidence.”

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.

Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.

Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

Responsibilities

The Compensation/Payroll Manager is part of the HR Shared Services team and is responsible for managing the payroll department and for ensuring that the company’s pay and incentive programs are consistently administered in compliance with internal policies and government regulations. The individual in this role will implement new and revised compensation programs, policies, and procedures to align with the company’s goals and competitive practices.

  • Manages the development, implementation, and administration of merit increases, bonus payments, executive compensation, and incentive programs.
  • Manages payroll team and is responsible for hiring and developing employees within the department as well as performance management for the team.
  • Designs innovative solutions to specific compensation-related programs, incentive plans, salary structure/salary ranges and job architecture.
  • Collaborates closely with HRIS analyst team and HR partners on program and process changes and/or system efficiencies and enhancements.
  • Responsible for overall Workday Payroll process established for the US and UK.
  • Provides advice to HR partners regarding compensation programs.
  • Ensures compliance with federal, state and local compensation laws and regulations.

Qualifications

  • Minimum of 5 years of progressively responsible experience in employee compensation/multi-state payroll.
  • Knowledge of all federal, state and local regulations, laws and compliance requirements related to employee compensation.
  • Strong analytical skills and ability to interpret, communicate and present data.
  • Computer proficiency and technical aptitude with the ability to use advanced Excel skills, HRIS experience (Workday preferred), experience managing or configuring HCM systems.
  • Experience leading projects and systems integrations.
  • Strong leadership and team management skills and at least two years of experience managing a team.
  • Excellent time management skills and ability to plan and set priorities.
  • Excellent verbal and written communication skills.
  • Strong interpersonal skills in dealing with senior management and stakeholders.
  • Experience working with global compensation/payroll and with global teams preferred.

Education

  • Bachelor’s degree or equivalent in business, human resources or related field
  • Certified compensation credential desired; SHRM Certified Professional (SHRM-CP), Senior Certified Professional (SHRM-SCP) a plus.