Benefits and Compensation Manager @ Embroker

Who we are at Embroker

Embroker is the radically simple destination for industry-tailored commercial insurance. Our mission is to make it radically easier for businesses to get the right coverage at the best price. With a technology-first, customer-centric approach, Embroker is changing how businesses protect themselves, their staff, and their customers. In 2015, Embroker has raised over $150M in funding from leading fintech investors.

**This is a remote work opportunity with occasional work required from Embroker’s Oakbrook Terrace, IL location.

Base Salary $110,000-$131,000 DOE

Reporting to the Vice President People, the Benefits and Compensation Manager is a key member of the People Team who ensures competitive, cost-effective compensation and benefits packages which align with business objectives for a multi-state/multi-province workforce in the US and Canada. Responsible for developing, implementing, and managing total compensation strategies to attract, retain, and motivate employees while ensuring compliance with legal and regulatory requirements. Strong experience in designing and implementing total compensation programs, as well as experience with payroll processing in a multi-location environment is a must. The successful candidate will have a roll up your sleeves attitude with the desire to perform work in all areas of total compensation.

Job Duties

Develop and implement compensation structures that align with the company’s goals and industry standards
Administer the company’s stock options, bonus and commission plans
Collaborate on annual salary review processes, including merit increases, promotions, and adjustments
Conduct regular benchmarking and analysis to ensure the competitiveness of compensation packages
Complete and distribute annual total compensation statements
Process payroll for US and Canadian employees
Act as a resource for employees seeking information or assistance with compensation-related issues
Oversee the design, implementation, and administration of employee benefits programs, including benefit plans, retirement plans, wellness initiatives, and other fringe benefits
Coordinate and administer annual open enrollment
Evaluate benefit plan options and make recommendations to leadership based on cost-effectiveness and employee needs
Serve as the main point of contact for employees regarding benefit inquiries, claims, and issues
Assist with the development and maintenance of policies and procedures related to compensation and benefits
Ensure compliance with federal, state/provincial, and local regulations governing compensation and benefits, such as the Fair Labor Standards Act (FLSA), Family Medical Leave Act (FMLA), and the Affordable Care Act (ACA), etc.
Stay abreast of industry trends and regulatory changes to ensure compliance with relevant laws and regulations
Administer employee surveys and focus groups, as well as collect and analyze data related to compensation and benefits to identify trends, opportunities for improvement, and areas of concern
Develop and deliver communication materials, presentations, and training sessions to educate leadership and employees on compensation and benefits programs
Administer employee leave of absences and worker’s compensation
Implement the company’s wellness initiative
Work directly with third party vendors
Perform other duties as assigned

Qualifications

Bachelor’s degree in Human Resources, Business Administration, Finance or a related field; or an equivalent combination of education and experience
CCP certification preferred
5+ years of proven benefits and compensation management experience
2+ years of payroll processing experience
Experience working with various states and provinces in the US and Canada strongly preferred
Experience setting up total compensation programs
Strong understanding of compensation principles, practices, and trends, including base pay, incentives, benefits, and equity compensation
In-depth knowledge of employee benefits programs, regulatory requirements, and compliance issues
Familiarity with relevant laws and regulations governing compensation and benefits, such as ERISA, ACA, FLSA, FMLA, etc.
Excellent analytical skills with the ability to interpret data, conduct financial analysis, and provide actionable insights
Exceptional communication and interpersonal skills, with the ability to influence and collaborate effectively across all levels of the organization.
Proficiency in HRIS (Human Resources Information Systems) and data analytics tools
Ability to work cross culturally on a global team
Prolonged periods of time sitting at a desk and working on a computer
Ability to perform at a high-level in a remote work environment

Our Values

The Embroker Pack lives by three core values that have taken us from an idea to a growing, well-funded player in the Insurtech space.

Pack First

We succeed and fail as one team. We optimize for what is best for our entire organization. We always assume positive intent.

Be All-In

We are 100% committed. We move fast and are proud of what we build. We attack challenges with relentless positivity.

Create Magic

We strive to amaze and delight at every touchpoint. We make our work fun through teamwork, play, and positive energy.

AT EMBROKER, EMPLOYEES COME FIRST. BENEFITS SUMMARY HIGHLIGHTED BELOW FOR US & CANADIAN EMPLOYEES.

US Employees

Medical - 5 plans to choose from including one with an employer funded HSA
Dental - Employer pays 100% of employee premium
Vision - Employer pays 100% of employee premium
Life and AD&D - Employer provided as well as additional voluntary
Short and Long Term Disability - Employer provided
Flexible Spending Accounts - Medical and Childcare
Accident
Critical Illness
Employee Assistance Program - Including dependents
Pet Insurance
401(k) with Employer Match
Unlimited Flexible Time Off (Vacation)
Sick Time
12-Weeks Paid Parental Leave
Work from Home Office Set-up Stipend
Paid Subscription for Wellable Wellness
Stock options

Canadian Employees

Medical
Dental
Vision
Life and AD&D
Long Term Disability
Employee Assistance Program

Additional portable insurance coverage is also available including:

Life
AD&D
Critical Illness

Additional benefits offered:

RRSP with Employer Match
Unlimited Flexible Time Off (Vacation)
Sick Time
Parental Leave with Salary Top-Up Program
Work from Home Office Set-up Stipend
Paid Subscription for Wellable Wellness
Stock options

Compensation Overview

6 month growth

1 year growth

2 year growth

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