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Senior Compensation Manager

Company: AIG
Location: New York
Posted on: January 27, 2023

Job Description:

We have an exciting opportunity for a Senior Compensation Manager to join our team. In this role, you will support client groups in our global Functions, partnering with the organizations leaders to execute the AIG compensation strategy in alignment with the business priorities. This role reports to the VP Compensation of our Global Functions.What you'll do:

  • Provide up-to-date market intelligence on competitive compensation trends and practices for the assigned lines of business.
  • Partner with Recruiters to model and develop competitive offer packages for internal and external hires
  • Partner with Business Leaders and HR Business Partners to evaluate employee compensation positioning
  • Communicate compensation package elements, including base pay, incentive, and equity plans to managers and employees.
  • Manage and coordinate participation in salary surveys; analyze market data results to determine competitiveness of overall pay levels, domestically and internationally
  • Assess job levels/grading based on the scope of responsibilities and evaluate against internal criteria; utilize external and internal benchmarking data for job pricing
  • Respond to inquiries regarding plan, policy, job evaluations and market data from HR Business Partners, Hiring Managers, and Recruiting colleagues
  • Contribute to the establishment of guidelines and procedures for various compensation-related processes
  • Work with the broader compensation team on a variety of projects including program design, analysis, budgeting, and implementation of new programsWhat we're looking for:
  • 10+ years of progressive compensation experience preferably within the financial services industry and/or large corporate environment
  • Proven deep understanding of total compensation including base pay and variable pay programs
  • Demonstrated experience designing, developing, analyzing, and implementing a variety of compensation plans and structures, including salary structures and incentive pay programs
  • Solid understanding of the external competitive market and the regulatory and compliance environment
  • Strong financial background and business acumen
  • Adeptness in critical/conceptual thinking skills, combined with the ability to synthesize information to see the big picture while effectively managing details
  • Strong project management skills with the ability to navigate through ambiguity and drive projects to completion
  • Workday experience preferred
  • Bachelors Degree; Masters Degree a plusFor positions based in Jersey City, NJ, the base salary range is $123,000 - $163,000. For positions based in in New York City, the base salary range is $140,000 - $175,000. For positions based in California, the base salary range is $130,000-$172,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. Were proud to offer a range of competitive benefits, a summary of which can be viewed here: Benefits Overview (https://sprcdn-assets.sprinklr.com/248/86d37ce0-1602-4206-8048-306b0ec452ed-213797826/2023-benefits-overview-for-cor.pdf) LI-MM1A look at our Benefits We're proud to offer a range of employee benefits and resources that help you protect what matters most - your health care, savings, financial protection and wellbeing. We provide a variety of leaves for personal, health, family and military needs. For example, our "Giving Back" program allows you to take up to 16 hours a year to volunteer in your community. Our global mental health and wellness days off provide all colleagues with a paid day off to focus on their mental health and wellbeing.We also believe in fostering our colleagues' development and offer a range of learning opportunities for colleagues to hone their professional skills to position themselves for the next steps of their careers. We have a tuition reimbursement program for eligible colleagues to enhance their education, skills, and knowledge in areas that relate to their current position or future positions to which they may transfer or progress.We are an Equal Opportunity Employer American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives. To learn more please visit: https://www.aig.com/about-us/diversity-equity-and-inclusion AIG is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to candidatecare@aig.com . Reasonable accommodations will be determined on a case-by-case basis. We consider qualified applicants with criminal histories, consistent with applicable law.Functional Area:HR - Human ResourcesEstimated Travel Percentage (%): No TravelRelocation Provided: NoAIG Employee Services, Inc.American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions and other financial services to customers in approximately 70 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security.What unites us across all of these offerings is our commitment to helping individuals, businesses and communities prepare for and respond to times of uncertainty. Whether serving those facing natural disasters or millions of Americans striving for a financially secure retirement, we have the specialist expertise to help clients better manage risk.Were also committed to doing the right thing for our people and the communities where we work and live. Its why we seek to offer what matters to our ever-diversifying team - like flexible and creative work environments, professional growth opportunities and forums to advocate for one another and incite change. We encourage employees to give back to the causes they care most about, supporting these efforts through our Volunteer Time Off and Matching Grants Programs.Join our Talent Network (http://www.aig.com/careers/life-at-aig/join-the-talent-network) . Additional information about AIG can be found at www.aig.com - YouTube (http://www.youtube.com/aig) - Twitter (https://twitter.com/AIGinsurance) - LinkedIn (http://www.linkedin.com/company/aig) . These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Keywords: AIG, New York , Senior Compensation Manager, Human Resources , New York, New York

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