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Full Job Description
Founded in 1985, SelectQuote (NYSE: SLQT) provides solutions that help consumers protect their most valuable assets: their families, health and property. The company pioneered the model of providing unbiased comparisons from multiple, highly rated insurance companies allowing consumers to choose the policy and terms that best meet their unique needs. Two foundational pillars underpin SelectQuote’s success: a strong force of highly trained and skilled agents, who provide consultative needs analysis for every consumer, and proprietary technology that sources and routes high quality leads. The company has three core business lines: SelectQuote Senior, SelectQuote Life and SelectQuote Auto and Home. SelectQuote Senior, the largest and fastest-growing business, serves the needs of a demographic that sees 10,000 people turn 65 each day with a range of Medicare Advantage and Medicare Supplement plans.
Job Summary:
The Compensation Specialist will support to the day-to-day operations of compensation programs. Our ideal candidate is a natural go-getter, hands on, and has the ability to work in a fast-paced environment while taking pride in attention to detail and delivering excellent service levels.
Supervisory Responsibilities:
This position has no direct supervisory responsibilities.
Duties/Responsibilities:
Supports the day-to-day administration of compensation programs, helping drive equality and consistency within the organization
Partners with the business to achieve strategic compensation objectives
Administers compensation programs including annual merit increases, annual bonus plans, long term incentives, and pay for performance practices
Compiles and audits survey data for salary benchmarking with third party administrators
Benchmarks internal jobs to salary survey data and other market intelligence to determine salary ranges, geographical premiums, and market competitiveness
Conducts internal salary analysis on incumbents and candidates to ensure equity among peers, risk mitigation, and to resolve compensation challenges
Prepares and maintains job descriptions for each role within the organization; ensures job documentation accurately reflects duties and functions being performed by incumbents in the roles
Partners with managers and employees to accurately determine duties, skills, and responsibilities required in each role; ensures consistency with job leveling and FLSA exemption
Identifies improvements to existing processes and procedures to drive excellence and efficiencies
Assists HR, other departments, management and senior leadership as needed
Required Skills/Abilities:
Proficient with Microsoft Excel, including knowledge of vlookups and pivot tables
Ability to quickly navigate multiple HR systems and platforms, UltiPro/UKG
Pro experience a plus
Strong interpersonal skills, organizational communication skills and conflict resolution techniques
Ability to be both proactive and flexible, with strong time management skills
Strong analytical skills and attention to detail
Proven ability to maintain a high level of confidentiality
Education and Experience:
3-5 years of relevant experience, compensation administration and analysis experience preferred
Bachelor’s degree in a related business field preferred
Experience in a multi-state 500+ employee insurance, financial, or service industry office environment is desirable
Knowledge of federal laws and regulations related to the administration of compensation programs
Physical Requirements:
Prolonged periods of sitting at a desk and working on a computer.
SelectQuote Core Values:
Service: We create positive customer experiences.
Entrepreneurship: We create, innovate, & take risks.
Leadership: We build & invest in high-performing teams.
Empowerment: We embrace a changing environment.
Courage: We challenge the status quo & drive continuous improvement.
Teamwork: We help, support, & celebrate each other.
Disclaimer: The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required.
Benefits:
It’s an exciting time to join SelectQuote. We became a publicly traded company in 2020 with the first 100% virtual IPO (non-biotech) in American history. We have also been recognized nationally on the 2021 Top Workplaces USA list and by the Kansas City Business Journal as a 2020 Best Places to Work honoree.
Full-time employees are eligible for medical, dental, vision, voluntary short-term disability, company-paid long term disability, company-paid life insurance and accidental death & dismemberment (AD&D), 401(k) + company match and 100% vesting after 4 years, discretionary profit sharing, employee stock purchase program (espp), paid time off, floating holidays, paid maternity leave, paid parental bonding leave, tuition reimbursement, jury duty pay, work from home stipend, and other paid leaves vary based on work location.