drjobs Head of Total Rewards

Head of Total Rewards

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1 Vacancy
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Job Location drjobs

Chicago, IL - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Summary
World Insurance Associates is a unique insurance organization offering top products and services from major providers combined with attentive service from local agents.
Founded in 2011 World is one of the fastest-growing insurance brokers in the U.S. with over 2800 employees in over 260 offices across North America. We specialize in personal and commercial insurance lines surety and bonding employee benefits financial and retirement services and human capital management solutions.
Position Overview
The Head of Total Rewards is responsible for developing and implementing the organizations compensation benefits and recognition strategies. Working in a fast paced high growth environment the successful candidate will be skilled at creating and building best practices across total rewards. This role ensures the company remains competitive in attracting and retaining top talent while aligning with business goals and maintaining compliance with regulatory requirements.
Primary Responsibilities
  • Lead the design and execution of a comprehensive total rewards strategy including compensation benefits and recognition programs to support the organizations goals and culture.
  • Analyze market trends to ensure competitive positioning while maintaining budgetary alignment.
  • Partner with senior leadership and HR teams to assess and evolve total rewards offerings.
  • Develop and deploy scalable job architecture frameworks including job families leveling and pay structures.
  • Oversee the design development and management of compensation structures including salary bands incentive plans and executive compensation.
  • Design and lead sales compensation and commission strategy
  • Direct benefits programs including health retirement wellness and other employee support offerings ensuring competitiveness and compliance.
  • Partner with HR finance and leadership teams to ensure alignment of total rewards strategies with workforce planning and financial goals.
  • Ensure compliance with applicable local state federal and international regulations related to compensation and benefits.
  • Oversee the administration and governance of retirement programs 401K including compliance audits and plan communications.
  • Drive communication strategies to ensure employees understand and value the rewards programs.
  • Lead mentor and develop a high-performing Total Rewards team fostering professional growth and a culture of innovation.
Personal / Professional Attributes
  • Excellent analytical communication and leadership skills.
  • Strong strategic thinking and project management capabilities.
  • Excellent communication and stakeholder management skills.


Key Competencies
  • Analytical and Financial Acumen
  • Strong people leadership and engagement
  • Ability to analyze and interpret complex data to inform decision-making.
  • Strong operator in building process and programs

Qualifications
  • Bachelors degree in Human Resources Business Administration or a related field; advanced degree or certifications (e.g. CCP CBP or SPHR) preferred.
  • 10 years of progressive experience in compensation and benefits including leadership roles.
  • Expertise in compensation and benefits strategy design and implementation.
  • Demonstrated success operating in a fast pace high growth matrixed environment
  • Strong knowledge of regulatory requirements and compliance standards related to compensation and benefits.
  • Experience with HR technology platforms and data analysis tools.
  • Expertise in401(k) administration and governanceand familiarity with fiduciary responsibilities.
  • Proven experience injob architecture design and deploymentfor complex organizations.
  • Preferred withUKG (Ultimate Kronos Group)systems

Equal Employment Opportunity
At World Insurance Associates (WIA) we celebrate and support our differences. We know employing a team rich in diverse thoughts experiences and opinions allows our employees our products and our community to flourish. WIA is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race color ancestry religion sex national orientation age citizenship marital status disability gender identity sexual orientation or Veteran addition WIA makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability unless the accommodation would impose an undue hardship on the operation of our business.

Required Experience:

Director

Employment Type

Full-Time

Company Industry

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