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Senior Analyst – Compensation

Senior Analyst – Compensation

CompanyLemonade
LocationNew York, NY, USA
Salary$90000 – $120000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Minimum of 3+ years in a compensation analyst role or similar, with an emphasis on data management and process optimization within a People or Finance team
  • Bachelor’s Degree in a related field
  • Advanced proficiency in Excel and data analysis tools
  • Experience with Workday and other compensation-related software is strongly preferred
  • Familiarity with standard job architecture, leveling, and third-party compensation data sets
  • Exceptional attention to detail, with a dedication to data accuracy and integrity
  • Strong written and verbal communication skills, capable of conveying complex information in clear terms to various stakeholders
  • Ability to work 3 days a week in our NYC office
  • Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our culture

Responsibilities

  • Own and update compensation bands utilizing external data sources and market benchmarking to ensure competitiveness and alignment with our compensation philosophy
  • Lead the compensation budget process, including forecasting, tracking, and analysis of budgets vs. actuals to manage financial performance
  • Draft and maintain comprehensive presentations and guides to educate and foster transparency
  • Oversee equity forecasting models, ensuring strategic allocation and alignment with company objectives
  • Own the underlying job data architecture and business processes related to compensation and equity changes within Workday. Collaborate closely with the Workday system admin to enhance user experience
  • Implement systems and processes to guarantee the accuracy and reliability of compensation data, identifying areas for improved integrity and refined analytics
  • Spearhead initiatives to automate and streamline compensation processes, enhancing efficiency across the board
  • Serve as a trusted resource to all stakeholders, supporting and guiding them in compensation decisions based on our philosophy, facilitating informed decision-making through comprehensive analytics and reports

Preferred Qualifications

  • Experience with Workday and other compensation-related software is strongly preferred