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Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st Shift (United States of America)
Please review the following job description:
With minimal guidance, provide day-to-day management of the company’s executive compensation and rewards programs, with particular emphasis on the long-term incentive equity program. Own the equity allocation and off-cycle equity grant processes from end-to-end, collaborating with business leaders, internal partners, vendors, individual managers, and participants. Represent the company’s incentive opportunities and equity offerings, serving as a trusted contact and face of the program for leadership and participants.
KEY RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
- Administer the company’s long-term incentive equity program, including both annual and off-cycle grants. Collaborate with business leaders during equity allocation efforts to develop, maintain, and coordinate communications, timelines, allocations, approvals, and transactions. Perform a similar function for off-cycle grants, working with individual managers.
- Accurately track all grants, acceptances, forfeitures, and cancellations against the available pool sizing throughout the life of the program, providing frequent updates to management and finance. Coordinate with HR and external partners to administer the granting, vesting and distribution of awards.
- Work with legal, business, and HR partners to develop and maintain all plan documentation, including drafting custom grant agreements as necessary. Facilitate board approval of grants, providing input and attention to detail in the drafting of board resolutions and related exhibits.
- Prepare and disseminate individualized award packages for limited partners, consisting of both e-signatures and “wet” signatures. Coordinate and track the timely receipt of all executed participant documents to ensure compliance with IRS and company requirements.
- Serve as custodian and portfolio manager for the equity purchases and related promissory notes of limited partners. Coordinate all efforts from legal, finance, payroll, and external vendors to facilitate transactions, including the drafting/execution of all related documentation. Develop, refine, and utilize internal tools and platforms to calculate, track, and report on equity purchases/repurchases, loan balances, loan payments, and payoffs.
- Develop and deliver effective communications and supporting materials to drive participant engagement and education, both directly and through HR/business partners. Leverage subject-matter expertise in authoring program documents, abstracts, FAQs, quick reference guides, and other such content for current and prospective participants and leaders with regards.
- Provide courteous, professional, and personalized communication and participant services to limited partners and grant recipients at all stages of the equity cycle, through both telephone and group mailbox correspondence. Promptly research inquiries and provide resolution in a reliable, responsive, empathetic, and competent manner.
- Assist finance partners in the provision and reconciliation of grant issuance and capitalization table data, responding to ad-hoc requests during month-end and quarterly close efforts and participating in internal/external audits, as needed.
- Provide consultation, expertise, and recommendations on ad-hoc compensation and HR-related matters as requested by management.
EDUCATION AND EXPERIENCE
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Bachelor’s degree or equivalent education and related training or experience
- 5+ years of demonstrated experience in compensation, human resources, or a similar field
- 2+ years of experience administering equity-based programs, including equity compensation and private equity ownership interests (preferred)
- Strong understanding of the insurance brokerage industry (preferred)
- Familiarity with Visual Basic for Applications (VBA) macros for Excel and Word (preferred)
- Familiarity with the DocuSign e-signature platform (preferred)
CERTIFICATIONS, LICENSES, REGISTRATIONS
- Professional certification in HR-related discipline (PHR, CCP, etc.) (preferred)
FUNCTIONAL SKILLS
- Strong analytical, interpersonal, and communication abilities.
- Proven ability to communicate clearly and professionally with senior executives.
- Ability to prioritize and execute on fast-paced, moderately complex initiatives with minimal direction.
- Problem solver with ability to exercise judgment in operational and organizational challenges.
- Very high attention to detail and commitment to accuracy.
- Advanced level of proficiency in Microsoft Excel.
- Intermediate level of proficiency in Microsoft Word and Adobe Acrobat.
General Description of Available Benefits for Eligible Employees of TIH Insurance: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of TIH Insurance offering the position. TIH offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on TIH’s generous benefit plans, please visit our site. Depending on the position and division, this job may also be eligible for TIH’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
TIH supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Crump Life Insurance is a Drug Free Workplace.
EEO is the LawPay Transparency Nondiscrimination ProvisionE-Verify