Sr. Compensation & Benefits Analyst
ICW GroupAbout the role
Are you looking to make an impactful difference in your work, yourself, and your community? Why settle for just a job when you can land a career? At ICW Group, we are hiring team members who are ready to use their skills, curiosity, and drive to be part of our journey as we strive to transform the insurance carrier space. We're proud to be in business for over 50 years, and its change agents like yourself that will help us continue to deliver our mission to create the best insurance experience possible.
Headquartered in San Diego with regional offices located throughout the United States, ICW Group has been named for ten consecutive years as a Top 50 performing P&C organization offering the stability of a large, profitable and growing company combined with a focus on all things people. It's our team members who make us an employer of choice and the vibrant company we are today. We strive to make both our internal and external communities better everyday! Learn more about why you want to be here!
PURPOSE OF THE JOB
The Senior Compensation & Benefits Analyst plays a critical role in supporting the design, administration, and continuous improvement of the organization’s Total Rewards programs. This position is responsible for administering employee benefits programs, analyzing compensation and benefits data, ensuring compliance with applicable laws and regulations, and supporting initiatives that attract, retain, and engage top talent. The role partners closely with HR leadership, Finance, Payroll, external brokers, and vendors to ensure the organization’s compensation and benefits programs remain competitive, compliant, and aligned with the company’s strategic goals.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Benefits Administration
Administers employee benefits programs including medical, dental, vision, life insurance, disability, retirement plans, wellness initiatives, and leave programs.
Coordinates daily benefits processing including enrollments, COBRA, terminations, beneficiary updates, and qualifying life event changes.
Serves as the primary point of contact for benefits vendors, brokers, and third-party administrators.
Collaborates with Payroll to ensure benefit deductions are processed accurately.
Reconciles and processes benefits premiums and serves as administrator for benefits billing systems.
Maintains accurate benefits records and documentation in accordance with federal, state, and vendor requirements.
Conducts regular benefits audits to ensure compliance, data accuracy, and proper vendor data transmission.
Completes regulatory filings and nondiscrimination testing for applicable benefits plans.
Ensures all plan documents and policies remain current and compliant with applicable regulations.
Compensation & Total Rewards Analysis
Supports the administration and analysis of compensation programs including salary structures, job evaluations, and pay practices.
Conducts market benchmarking and compensation analysis using salary surveys and market data.
Assists with compensation review cycles including merit increases, promotions, and bonus planning.
Analyzes
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