Director, Compensation Business Partner

The Government Employees Insurance Company (GEICO) is a private American auto insurance company with headquarters in Chevy Chase, Maryland. GEICO is a wholly owned subsidiary of Berkshire Hathaway and is the third largest auto insurer in the United States. In 2023, GEICO earned premiums worth over $40 billion U.S. dollars.

The People Group is looking for a Compensation Business Partner to join the Total Rewards Team. This position is a key member of the Total Rewards team ensuring the company's compensation programs are appropriate to the needs of the organization, are competitive and compliant. We are looking for someone who will serve as a strategic compensation business partner by designing, implementing, and managing complex compensation programs for given client groups that are competitive and support the Company's business and strategic plans.

Responsibilities:

• Act as the primary consultant for multiple support functions and/or business units, serving as a strategic advisor on compensation practices and the pay landscape both internally and externally.
• Conduct job family reviews and market price jobs. 
• Provide innovative compensation recommendations and solutions that are aligned with business strategy, challenging the status quo where necessary to arrive at optimal outcomes.
• Lead compensation related communications and change management processes. 
• Facilitate annual merit and bonus programs for assigned client groups.
• Develop, implement, and administer base pay programs, including pay setting, pay structure development, and pay progression policy formulation for given client groups.
• Conduct complex modeling and analysis on all aspects of compensation which may include building analytical tools to predict and/or diagnose compensation issues, drawing themes and trends from data analysis to influence and support decision making, and effectively representing data in charts and graphs.
• Lead and develop a team of compensation analysts. 
• Partner with other corporate areas to ensure full compliance of all compensation programs (e.g., Accounting, Tax, and Legal).
• Develop and deliver efficient and effective presentations to influence decision making and communicate information to management and partners.

Qualifications:

• Bachelor's or Master's degree in a field related to Finance, Business management/administration, or HR administration preferred.
• External market awareness and insight into compensation trends and legislation.
• Familiarity with HRIS applications (Workday) desired.
• 10+ years of compensation experience preferred.
• 5+ years of management experience preferred.
• Leverages a consultative approach, strategic focus, and pragmatism, coupled with highly analytical thinking and meticulous attention to detail.
• Advanced Excel expertise and ability to create, organize and manipulate large sets of data in complex Excel spreadsheets. 
• Excellent verbal and written communication skills. Must have good interpersonal and client facing skills with HR Business Partners, Managers, and Senior Leadership. Comfortable partnering and communicating with all levels within organization. 
• Proven analytical and problem-solving skills as well as an ability to manage multiple tasks simultaneously to successful completion in a fast-paced environment.
• Collaborative team player and self-starter. Take personal initiative as well as develop strong working relationships.
• Certified Compensation Professional (CCP) preferred.

Location:

• This is a hybrid role, on-site 3 days per week at Chevy Chase, MD, New York, NY, Fredericksburg, VA or Dallas, TX.

#LI-SS1

 

Annual Salary

$128,000.00 - $224,000.00

The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate’s work experience, education and training, the work location as well as market and business considerations.

 

At this time, GEICO will not sponsor a new applicant for employment authorization for this position.

 

Benefits:

As an Associate, you’ll enjoy our Total Rewards Program* to help secure your financial future and preserve your health and well-being, including:

• Premier Medical, Dental and Vision Insurance with no waiting period**
• Paid Vacation, Sick and Parental Leave