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Benefits and Compensation Manager

National Insurance Crime Bureau
Full-time
On-site
Oak Brook, Illinois, United States
$100,000 - $120,000 USD yearly
Compensation Manager

With a 110-year heritage, the National Insurance Crime Bureau (NICB) is the nation's premier not-for-profit organization dedicated exclusively to fighting insurance fraud and crime.

NICB membership includes more than 1,200 property-casualty insurance companies, vehicle rental companies, auto auctions, vehicle finance companies, self-insured organizations and strategic partners.  Beyond our membership, our nearly 400 employees work with law enforcement agencies, technology experts, government officials, prosecutors, international crime-fighting organizations and the public to lead a united effort to prevent and combat insurance fraud and crime. 

A career with the National Insurance Crime Bureau (NICB) is rewarding and fulfilling to people who have the passion to play an important role in combating insurance fraud and vehicle crime. At the NICB, we know our people are our competitive advantage, and so, we offer a work atmosphere that is second to none.

Position Purpose:

This position is responsible for managing, developing, communicating, administering, and maintaining all benefits and compensation programs in alignment with organizational policies, total rewards strategies, and state/federal laws/guidelines. 

Work Arrangement and Description: 

This is a hybrid position and the Reporting Location is NICB Headquarters (Oak Brook, IL). The individual will be provided with the privilege and flexibility to work away from NICB Headquarters, but will be required to report periodically in-person based upon business needs, subject to the discretion of their supervisor, and in compliance with NICB's rules and procedures.

Responsibilities:

Benefits: 

  • Manage benefits open enrollment process activities including, but not limited to, annual meetings, benefits education and communication, system updates, employee enrollments, and changes.
  • Lead the day-to-day relationships with external vendors, third party administrators, benefit brokers, and Human Resources in support of the benefits function.  
  • Ensure benefit plans are administered and compliant according to federal and state regulations, and plan and company guidelines; including ACA compliance and federal and state pay data reporting,   
  • Administer all benefit programs, including retiree plans, to eligible participants.  Provide subject matter expertise for all benefit plans.
  • Manage employee leave of absences, including Paid Family Leave, Short-term Disability, and FMLA. 
  • Lead the Employee Recognition Program which includes communications, nomination process, and selection of employees for a variety of awards on a quarterly, semi-annual, and annual basis.
  • Research, resolve, and address employee benefit inquiries; communicate findings and recommendations/resolutions to employees.
  • Review vendor monthly statements for accuracy; identify and resolve any discrepancies and ensure timely payment.
  • Manage ADP HRIS system and benefits portals.

Compensation: 

  • Manage and administer annual merit cycle, bonus programs, and semi-annual promotion process using market-competitive salary guidelines.  Ensure adherence to guidelines through coaching and advising leaders. 
  • Determine job offers for new hires that align to organizational total rewards philosophy.  
  • Responsible for compensation market pricing and analysis for exempt and non-exempt positions to ensure market competitiveness and fair and equitable compensation practices across the company.
  • Ensure accurate job descriptions are created/maintained in accordance with FLSA standards and organizational goals. Develop career paths as appropriate.
  • Provide guidance on federal and state compensation related laws/guidelines and compensation best practices.
  • Participate in periodic compensation surveys to determine competitive market position.  

Position Requirements:

  • Bachelor’s degree and at least 5 years of relevant experience in benefits required; experience with compensation preferred.. 
  • Must be highly proficient with Excel, including experience with advanced functionality (e.g., pivot tables, charts)
  • Experience with ADP Workforce Now preferred.
  • PHR/SPHR, CEBS, and/or CCP certifications preferred.
  • Experience with building and maintaining SharePoint sites preferred.

Skills and Abilities:

  • Strong verbal and written communication skills. 
  • Excellent interpersonal skills to interface successfully with all levels of employees, retirees, and external partners.
  • Exemplary organizational skills and attention to detail
  • Strong quantitative, analytical skills, and data interpretation skills; must be comfortable performing analyses using large amounts of data and providing recommendations on findings
  • Knowledge of current compensation and benefit regulations (or resourceful to research and apply them as needed) and stays abreast of new regulations.
  • Superior presentation skills
  • Ability to handle a broad variety of tasks – many with cyclical deadlines.
  • Resourceful and willing to jump in and research/investigate new initiatives and/or existing situations
  • Must be able to maintain strict confidentiality.

Supervisory Responsibilities:

This position will indirectly supervise a team member. 

Environment/Physical Demands:

  • Some lifting of materials up to 25 lbs.
  • Minimal travel may be required.

Salary Range and Statement:

The salary range for this position is $100,000 to $120,000. Please keep in mind that this range represents the pay range for all positions in the job grade within which this position falls. The actual salary offer will take into account a wide range of factors including the specific requirements for this position, the candidate's geographic location, job-related skills, experience, and relevant education or training. NICB HR can share more about the specific salary range for your geographic location during the hiring process. 

Benefits:

Our benefits are unparalleled! NICB offers employees a comprehensive benefits package, an attractive 401(k) plan and generous paid time off. For more information, visit https://www.nicb.org/about-nicb/careers.

The NICB is an Equal Opportunity Employer and Prohibits Discrimination and Harassment of Any Kind: NICB is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at the NICB are based on business needs, job requirements and individual qualifications, without regard to race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, family medical history or genetic information, family or parental status, or any other status protected by the laws or regulations in the locations where we operate.