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Compensation Analyst

US VA - Richmond

Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We’re an innovative organization that’s small enough to be agile and big enough to make a difference in our industry.  

Our collaborative workplace is continuously evolving to ensure all employees feel: 

  • Comfortable bringing their whole selves to work. 
  • Confident that they will be treated respectfully. 
  • Recognized for their performance and provided with equal opportunities to succeed. 

At Argo, skill meets opportunity. If you’re wired to raise your hand and ask, “Where can I help?”, you’ll thrive with us. 

Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We’re an innovative organization that’s small enough to be agile and big enough to make a difference in our industry. Our workplace is continuously evolving to ensure all employees feel:

• Comfortable bringing their whole selves to work.
• Confident that they will be treated respectfully.
• Recognized for their performance and provided with equal opportunities to succeed.

At Argo, skill meets opportunity. If you’re wired to raise your hand and ask, “Where can I help?”, you’ll thrive with us.
At Argo Group, you can make a direct impact while working in an organization small enough to be agile and big enough to make a difference. We ask you to bring a growth mindset and a desire to share your unique perspective with our dynamic teams.

Argo Group (NYSE: ARGO), a global multiline underwriter of specialty insurance and reinsurance products in the property and casualty market, offers a comprehensive line of high-quality products and services designed to meet the unique coverage and claims-handling needs of our clients. We foster an inclusive culture that embraces diversity and design thinking, relies on innovation and agility, promotes collaborative service delivery, frequent, integrated communication, and authentic recognition of excellence. View the latest Investor Presentation and Argo News & Insights to learn more about us.
 
We have a current opportunity for a Compensation Analyst to work on-site in either our San Antonio, Omaha, Richmond, Chicago, or New York office.

A Brief Overview

We are seeking a detail-oriented and analytical Compensation Analyst to join our dynamic HR team. The Compensation Analyst will play a key role in supporting the company’s compensation programs, ensuring competitiveness in the market, internal equity and alignment with the company’s compensation philosophy. Key responsibilities include conducting annual benchmark surveys, job evaluations, comprehensive market analysis, and pay equity analysis, as well as providing insights and recommendations to maintain competitive salary structures. The role will also involve managing compensation systems, administering the annual merit cycle, and ensuring compliance with relevant compensation laws and policies. Additionally, the Compensation Analyst will play a critical role in the development of compensation-related training, supporting internal audits, and assisting with ongoing compensation initiatives.
 
What We Need:

  • Bachelor's Degree Human Resources, Business Administration or related field required.
  • 2+ years’ experience in Compensation analysis and administration
  • Experience in an analyst or similar capacity with compensation programs and systems.
  • Strong written and verbal communication skills.
  • Strong numerical and analytical skills.
  • Advanced in Microsoft Excel (pivot tables, v-lookups, advanced formulas)..
  • Proficient in Microsoft Office Suite
  • Familiarity with compensation data sources and market survey tools.
  • Experience with job evaluation and job analysis methods and systems.
  • Excellent analytical, problem-solving, and organizational skills.
  • Strong attention to details/accuracy.
  • Demonstrated excellent customer service skills.
  • Strong communication and interpersonal skills, with the ability to interact effectively at all levels of the organization.
  • Ability to manage multiple tasks simultaneously and meet deadlines.
  • Knowledge of compensation principles and procedures.
  • Proficient in using HR related software.
  • Excellent organizational and time management skills.
  • Demonstrated high integrity in all aspects of work, maintaining confidentiality and adhering to ethical standards when handling sensitive compensation data and employee information.
  • Workday proficiency strongly preferred.
  • Certified Compensation Professional (CCP) or progress towards certification.

How You Will Make an Impact:

  • Manage the annual benchmark survey process, ensuring accurate matching and participation.
  • Conduct comprehensive job evaluations to determine appropriate job families and level placements.
  • Assist in the annual market analysis, providing data-driven recommendations to maintain competitive salary structures.
  • Review and recommend adjustments to compensation packages aimed at enhancing employee retention, ensuring internal pay equity, and aligning with the Compensation Framework.
  • Perform quarterly pay equity analysis and collaborate with HR Talent Partners to report findings and recommend improvements.
  • Oversee the management and maintenance of the MarketPay system, including the uploading and updating of survey data for market analysis purposes.
  • Regularly update and manage job descriptions to ensure accuracy and alignment with current roles and responsibilities.
  • Administer the annual merit cycle including partnering with compensation team in pre-planning, prepping the launch in the annual cycle system, and processing and auditing of payout files.
  • Manage Long-Term Incentive (LTI) vesting administration and reporting in Shareworks, including issuing LTI Agreements and processing cash releases.
  • Generate compensation reports for audits, analysis and data accuracy reviews.
  • Participate in compensation audits, ensuring precise and compliant data for reporting purposes.
  • Ensure compliance with compensation-related regulations and policies, including FLSA, equal pay, and other labor laws.
  • Provide guidance and support to HR and managers on compensation-related inquiries and best practices.
  • Assist in the development and maintenance of compensation-related documentation and policies.
  • Assist in the development of compensation education and training materials.
  • Provide project support in ongoing Compensation initiatives.
  • Partner with the internal audit team and complete annual SOX audit requests.

Physical Demands
Unless otherwise specified below as an essential function of the job, this role generally operates within a standard office environment, requiring the use of a PC and other related office equipment.
 
Argo Group is an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics. Argo Group complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Benefits Department at mybenefits@argogroupus.com or 210-321-8400.

PLEASE NOTE:  At this time, Argo Group will not sponsor an applicant for employment authorization for this position.

If you have a disability under the Americans with Disabilities Act or a similar law and you wish to discuss potential accommodations related to applying for employment at Argo Group, please contact our Benefits Department at 210-321-8400. 

To all recruitment agencies:  Unless you have been requested to work on this position, or other positions with Argo Group, please do not forward any resumes to Argo Group employees.   Argo Group is not responsible for any fees related to unsolicited resumes.

Argo Group International Holdings, Inc. (“Argo” or the “Company”) is a wholly owned subsidiary of Brookfield Wealth Solutions, Ltd. (“BWS”), a New York and Toronto-listed public company. Argo, with over $8 billion of assets on its balance sheet, is a leading underwriter of specialty insurance products in the property and casualty (P&C) market, working with independent agents, wholesale brokers, and retail brokerage partners to deliver collaborative solutions for niche markets.

BWS is a leading wealth solutions provider, focused on securing the financial futures of individuals and institutions through a range of wealth protection and retirement services, and tailored capital solutions. BWS is backed by Brookfield Corporation, a leading global investment firm whose asset management business manages more than $1 trillion in assets as of September 30, 2024.

We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics. 

The collection of your personal information is subject to our HR Privacy Notice

Our Benefits

Developing our employees professionally and personally strengthens our organization.
Argo Group offers an attractive Total Rewards package that includes:

  • A culture that recognizes performance and empowers employees to excel, offering competitive compensation and merit driven profit sharing.

  • Workplace policies that support employee well-being include flex time and floating holidays.

  • Comprehensive health, wellness, and financial planning options that employees can tailor to meet their personal and family needs.  In addition to traditional health and wellness plans, benefits include dental, disability, life insurance, medical, and vision insurance, matching 401(k) retirement savings, generous paid time off (21 days of PTO, 11 paid company holidays, 3 floating holidays and a paid voluntary day), paid caregiver and parental leave, paid bereavement, jury duty/court appearances, and military (up to 14 days) leave, employee assistance program (EAP), and an array of voluntary benefits.  

  • Argo Academy, a digital and instructor-led platform that offers continuous learning and professional development – Training magazine lists Argo among the Training "Top 125" Companies.   Argo encourages career mobility and continuing education to pursue and maintain professional and industry designations, in addition to traditional university and higher education programs.

  • An inclusive culture that develops and sponsors diverse teams, encourages cross-functional engagement and collaboration, builds community through employee resource groups (ERGs), and provides an environment that welcomes ongoing dialogue, creative innovation, professional and personal development.

  • Active community outreach and volunteer programs.

  • A generous Employee Referral program that results in approximately 25% of all new hires annually.

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