Compensation Analyst

Location Designation:Hybrid - 3 days per week

This position is based in our New York City Home Office on a hybrid schedule. Monday & Friday work from home and Tuesday, Wednesday & Thursday in the Home Office.

Be part of a dynamic team shaping the future of talent at New York Life. As part of Human Resources, you'll contribute to a comprehensive strategy that attracts, develops, and retains top talent. Whether it's identifying future leaders, crafting engaging learning experiences, or fostering a vibrant workplace culture, your work directly empowers individuals and fuels the company's growth. Join us and play a vital role in making New York Life a destination employer for generations to come.

Are you an analytical thinker with a passion for compensation and data-driven decision-making? Join our dynamic HR team at New York Life, where you'll play an essential role in shaping the compensation strategies that help drive our business forward. We're looking for a highly motivated Compensation Analyst to bring their expertise to our team and make a significant impact.

In this role, you will collaborate with key stakeholders to support the design, implementation, and ongoing management of compensation programs that attract, motivate, retain, and energize top talent. If you're someone who thrives in a fast-paced environment and enjoys diving into analysis to uncover meaningful insights, this could be the perfect opportunity for you.

What You'll Do:

• Perform compensation benchmarking and market analysis to help guide our pay strategies.
• Prepare and analyze detailed compensation reports, providing actionable insights to inform decision-making.
• Take the lead in compensation survey participation and manage our comprehensive market data library, ensuring that we stay ahead of industry trends.
• Support the annual compensation planning process for corporate functions, ensuring pay-for-performance alignment.
• Act as a resource for compensation-related inquiries for HR Business Partners and corporate department management, offering guidance and support.
• Participate in cross-functional HR and compensation projects, helping shape strategic initiatives that support business growth.

What You'll Bring:

• A self-starter with a keen eye for detail, a results-oriented mindset, and a collaborative approach to teamwork.
• Strong written and verbal communication skills, with the ability to effectively present and explain complex information.
• Someone who is eager to learn and grow.
• A bachelor's degree preferred, ideally with at least 2 years of relevant experience in compensation analysis in a corporate setting.
• A strong understanding of compensation best practices and market data analysis.
• Advanced proficiency in Microsoft Excel, including the ability to work with large data sets, pivot tables, and advanced formulas.
• The ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Experience with SuccessFactors and Tableau is a plus.

Pay Transparency

Salary Range:$77,500-$110,000

Overtime eligible:Exempt

Discretionary bonus eligible:Yes

Sales bonus eligible:No

Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Diversity Promise

We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.

Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by theFoundation.We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

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Job Requisition ID:91393