Compensation and Benefits Manager

Nirvana Insurance
Summary
Join Nirvana, a data-driven commercial insurance company revolutionizing the industry with cutting-edge predictive models and AI-driven platform, as a Senior Compensation & Benefits Manager. This role is crucial in shaping and executing the company's total rewards strategy to attract and retain top talent, ensuring fair pay practices globally. You will design and manage competitive global compensation and benefits programs, partner with leadership to design variable compensation plans, conduct market analysis, and utilize data analytics to assess program effectiveness. You will also be responsible for communication strategies, vendor evaluation, HRIS maintenance, and process optimization, ensuring compliance with legal and regulatory requirements.
Requirements
- 6+ years of experience in total rewards, benefits and strategic compensation; preferably in a software or tech environment
- Strong knowledge of global compensation and benefits principles, regulations, benchmarks and general market trends is important for designing competitive and innovative rewards programs
- The ability to think strategically, analyze complex problems and data sets and present actionable insights to the Head of People and Leadership is essential to be successful in this role. In other words, youβre an Excel wizard
- Expertise in HRIS and People systems (e.g. Justworks, Deel, Lattice) and process optimization
- Excellent project management skills with a track record of implementing scalable solutions
- Strong interpersonal and communication skills, with the ability to build relationships across all levels of the organization
- Recognizes confidential, sensitive, and proprietary information and maintains confidentiality
- Owner mentality - take accountability for your actions & results
- Successfully able to work in high-growth & ambiguous start-up environments
Responsibilities
- Design, implement, and manage competitive global compensation and benefits programs to attract and retain top talent, while ensuring alignment with company objectives and market trends
- Partner with our Head of People, providing insights and recommendations to improve total rewards strategies and support the semi-annual review process; including merit increases, market adjustments, promotion adjustments, equity awards and other incentives
- Partner with our GTM Leadership team to design and administer variable compensation plans that drive growth for the business and incentivize employees
- Conduct regular global benchmarking and market analysis to maintain competitiveness in the market (across US, India and Chile)
- Utilize data analytics to assess the effectiveness of compensation programs and identify areas for improvement. Prepare regular reports for the Head of People on key metrics, trends, and insights
- Identify and operationalize processes in order to drive continued improvement in employee experience and internal efficiency
- Create and deliver communication strategies, both written and verbally, to employees about our total rewards offerings and programs, ensuring transparency and clear understanding
- Evaluate and partner with external vendors to optimize and improve benefit offerings, ensuring compliance with legal and regulatory requirements
- Oversee HRIS and maintain updates in our People systems; ensuring data integrity and reporting accuracy
Benefits
- Competitive salary & equity
- Medical, dental & vision insurance
- 401k with company match
- Unlimited PTO
- Work from home friendly