Full-Time

Compensation Analyst

Posted on 2/12/2025

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Compensation Overview

$92k - $108.4k/yr

+ Annual Bonus

No H1B Sponsorship

New York, NY, USA

In Person

Category
👥People & HR (1)
Required Skills
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor's Degree Human Resources, Business Administration or related field required.
  • 2+ years’ experience in Compensation analysis and administration
  • Experience in an analyst or similar capacity with compensation programs and systems.
  • Strong written and verbal communication skills.
  • Strong numerical and analytical skills.
  • Advanced in Microsoft Excel (pivot tables, v-lookups, advanced formulas).
  • Proficient in Microsoft Office Suite
  • Familiarity with compensation data sources and market survey tools.
  • Experience with job evaluation and job analysis methods and systems.
  • Excellent analytical, problem-solving, and organizational skills.
  • Strong attention to details/accuracy.
  • Demonstrated excellent customer service skills.
  • Strong communication and interpersonal skills, with the ability to interact effectively at all levels of the organization.
  • Ability to manage multiple tasks simultaneously and meet deadlines.
  • Knowledge of compensation principles and procedures.
  • Proficient in using HR related software.
  • Excellent organizational and time management skills.
  • Demonstrated high integrity in all aspects of work, maintaining confidentiality and adhering to ethical standards when handling sensitive compensation data and employee information.
Responsibilities
  • Manage the annual benchmark survey process, ensuring accurate matching and participation.
  • Conduct comprehensive job evaluations to determine appropriate job families and level placements.
  • Assist in the annual market analysis, providing data-driven recommendations to maintain competitive salary structures.
  • Review and recommend adjustments to compensation packages aimed at enhancing employee retention, ensuring internal pay equity, and aligning with the Compensation Framework.
  • Perform quarterly pay equity analysis and collaborate with HR Talent Partners to report findings and recommend improvements.
  • Oversee the management and maintenance of the MarketPay system, including the uploading and updating of survey data for market analysis purposes.
  • Regularly update and manage job descriptions to ensure accuracy and alignment with current roles and responsibilities.
  • Administer the annual merit cycle including partnering with compensation team in pre-planning, prepping the launch in the annual cycle system, and processing and auditing of payout files.
  • Manage Long-Term Incentive (LTI) vesting administration and reporting in Shareworks, including issuing LTI Agreements and processing cash releases.
  • Generate compensation reports for audits, analysis and data accuracy reviews.
  • Participate in compensation audits, ensuring precise and compliant data for reporting purposes.
  • Ensure compliance with compensation-related regulations and policies, including FLSA, equal pay, and other labor laws.
  • Provide guidance and support to HR and managers on compensation-related inquiries and best practices.
  • Assist in the development and maintenance of compensation-related documentation and policies.
  • Assist in the development of compensation education and training materials.
  • Provide project support in ongoing Compensation initiatives.
  • Partner with the internal audit team and complete annual SOX audit requests.
Desired Qualifications
  • Workday proficiency strongly preferred.
  • Certified Compensation Professional (CCP) or progress towards certification.

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. The company focuses on industries with higher risk profiles, such as construction, marine, and energy, allowing it to offer expert risk assessment and management services. Argo generates revenue through premiums paid by policyholders, which are invested to create additional income. Unlike many competitors, Argo emphasizes corporate responsibility and community engagement, fostering long-term relationships with clients. The company's goal is to ensure mutual success while promoting an inclusive workplace and participating in initiatives related to sustainability and disaster relief.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital transformation aligns with Argo Interactive's mobile services.
  • Parametric insurance products offer innovation opportunities in Argo's niche markets.
  • Growing ESG importance aligns with Argo's sustainable practices and corporate responsibility.

What critics are saying

  • Leadership changes may disrupt operations and client relationships.
  • Departure of key personnel to competitors may weaken Argo's competitive edge.
  • Brookfield Reinsurance acquisition could alter Argo's business model or strategic priorities.

What makes Argo Group unique

  • Argo specializes in niche markets like construction, marine, and energy sectors.
  • The company offers tailored insurance solutions for unique or complex risks.
  • Argo's commitment to corporate responsibility enhances its reputation and client relationships.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Caregiver Leave

Paid Parental Leave

Paid Bereavement Leave

Military Leave

Employee Assistance Program (EAP)

Wellness Program

Employee Referral Bonus

Company News

Insurance Journal
Mar 24th, 2025
Argo Group Promotes CFO Donahue to CEO; Chan Now CFO

Argo Group promotes CFO Donahue to CEO; Chan now CFO.

Reinsurance News
Mar 24th, 2025
Argo names Chris Donahue as CEO

With this is mind, David Chan has been named as Argo's Chief Financial Officer, having served as Argo's Chief Accounting Officer since 2022.

Stock Titan
Feb 19th, 2025
Willis appoints Helen Campbell Head of Property Wordings in North America

Campbell joins from Argo Group, where she served as Senior Vice President and Head of Contract Wordings.

The Royal Gazette
Oct 16th, 2024
Kevin Madigan joins Argo Group

Bermuda market veteran Kevin Madigan has been appointed as head of Capital Management at Argo Group.

Earnix
Oct 9th, 2024
Earnix Appoints US Insurance Leader Jessica Buss to its Board of Directors

Jessica Buss joined Argo Group in August 2022 as Chief Executive Officer, where she is responsible for setting the strategic direction for the company and managing its overall operations.

INACTIVE