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Compensation Consultant

Location:

OH - Cleveland

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Why USI?

USI is one of the largest insurance brokerage and consulting firms in the world. Something special is happening here with our more than 8,000 associates across the U.S. and abroad – and we invite you to learn more.

Unrivaled Resources and Support

The USI ONE Advantage® allows USI to deliver unique solutions to our clients. This value proposition provides unmatched growth and opportunity for our associates and, at its core, represents a significant investment in our people.

Unique Employee Programs and Deep Community Engagement

We turn care into action with our award-winning wellness program, college scholarships for associates' children, and financial help in times of need. Our annual community service initiative engages associates in hands-on regional service projects helping hundreds of thousands of people each year.

Industry-Leading Associate Rewards and Recognition

In addition to competitive pay, incentives, and benefits, USI recognizes associates through our Summit Awards program, rewarding excellence in those who build our brand each day.

Committed to a Diverse and Inclusive Work Environment  
USI values diversity and is dedicated to ensuring a fair, diverse, and inclusive work environment for all. Our diversity and inclusion program, "I'm With U," advances these initiatives to champion our team members and the communities we serve.

Nationally Recognized as a Top Insurance Workplace

USI has been recognized as one of:

·        Insurance Business America’s Top Insurance Workplaces, three years in a row (2018-2020).

·        Business Insurance’s 2020 list of Best Places to Work in Insurance.

·        Forbes Best Large Employers in America (2018-2019).

Ranked as one of Forbes Best Large Employers in America (2018-2019).

Compensation Consultant Summary:

The Compensation Consultant will work with Senior Consultants to support clients in project management and delivering work, primarily in the Compensation Practice. The candidate may have the opportunity to work on cross-functional projects incorporating other practices from other areas of the firm. The role begins as a project team member and the right candidate will grow quickly into a team lead. This position could be the first step in a long, fulfilling career that offers leadership opportunities.

Compensation Consultant Duties and Responsibilities:

  • Analyze and ensure effectiveness of client compensation programs, and assist to develop appropriate models, design pay levels and annual incentive pay programs, and prepare client deliverables
  • Utilize compensation surveys to establish appropriate market benchmarks, and manipulate data using spreadsheets and databases to assess pay scales, base pay and incentives
  • Evaluate compensation practices of client through financial modeling, recommending improvements to compensation packages
  • Work in partnership with clients and the Compensation Practice to develop business-aligned short-term incentive, commission and bonus plans
  • Participate in calls and meeting with clients and prospective clients
  • Prepare client deliverables, including presentations and reports
  • Research national wage statistics and current trends in compensation
  • Assist in project management by overseeing project planning, tracking project activities and monitoring progress
  • Develop knowledge and skills in various areas of human resources consulting

Compensation Consultant Specific/Individual Core Competencies:

  • Excellent critical thinking and analytical
  • Strong written and verbal communication skills
  • Strong project management skills
  • Proficiency in business technology tools (Word, Excel, PowerPoint, etc.)
  • Ability to work effectively in both a team setting and independent environment

Compensation Consultant Education and Experience:

  • Minimum of Bachelor’s degree with preference for accounting, finance or related field
  • Two or more years of experience in financial related experience, ideally in tax or accounting field
  • Experience with compensation and benefit plans preferred but not required

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GLDR

USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.

Job ID:

23210

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Notice to Recruiters and Agencies regarding unsolicited resumes or candidate submissions without prior express written approval.
Resumes submitted or candidates referred to USI Insurance Services by any external recruiter or recruitment agency by any means (including but not limited to via Internet, e-mail, fax, U.S. mail and/or verbal communications) without a properly executed written contract for a specified position by an authorized member of the Talent Acquisition team become the property of USI Insurance Services. The Company will not be responsible for, or owe any fees associated with, referrals of those candidates and/or for submission of any information, including resumes, associated with individuals.

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