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Compensation Analyst II

Office
Department
Type
Full-Time
Updated
Sep 27, 2024
Compensation Analyst II
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IMA's Human Resources team is seeking a Compensation Analyst II to join our growing team! This position is responsible for the analysis and administration of IMA's compensation programs, including base pay, incentive pay, and performance management programs. A successful applicant must possess business acumen and professionalism, successfully build relationships, and have effective problem solving and communication skills. This role is eligible for a hybrid work schedule!

Responsibilities include, but are not limited to: 

  • Benchmark IMA jobs against published survey data to determine salary grades and competitive compensation ranges for each position
  • Assess jobs and their respective duties to determine Fair Labor Standards Act (FLSA) classification as exempt or nonexempt
  • Collaborate with internal clients across the organization to identify and resolve compensation-related initiatives and issues
  • Gather data from market-based compensation surveys and use spreadsheet and data analysis techniques to assess results and market trends
  • Administer the annual IMA salary administration process (merit, bonus and equity grants)
  • Manage the annual Producer salary administration process to determine annual draw and other sales driven metrics
  • Interview managers to gather and document job, organizational, and occupational information including duties, responsibilities, and skills required by each job
  • Research and evaluate new/changing compensation practices and policies and monitor compliance with changes in applicable laws and regulations
  • Participate in annual published salary surveys
  • Perform all other related duties as assigned
  • Support and demonstrate IMA’s core values
  • Value and understand the importance of diversity, equity, and inclusion among all IMA associates

Required skills and experiences:

  • 2+ years of similar or related experience required
  • Bachelor’s degree preferred
  • Proficiency with Microsoft Office products (specifically Excel, Outlook, Word, and PowerPoint) required
  • Advanced math skills required
  • Exceptional attention to detail and high-quality standards
  • Excellent verbal and written communication skills
  • Maturity and the ability to handle sensitive and confidential information with discretion

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Compensation & Benefits

Being a part of IMA has its benefits. When you become part of the IMA family, you become eligible to take part in our valuable benefits and rewards package designed to benefit you, your family, and your life. Our plans are cost-effective, convenient and provide progressive ways for staying healthy, protecting loved ones, pursuing financial security and living a full and balanced life. This role is eligible for the following:
 
Annual Performance Bonus, Stock Purchase, Medical Plans, Prescription Drugs, Dental, Vision, Family Assistance Program, FSA, HSA, Pre-Tax Parking Plan, 401(k), Life/AD&D, Accident, Critical Illness, Hospital Indemnity, Long Term Care, Short-term Disability, Long-term Disability, Business Travel Accident, Identity Theft, Paid Time Off, Flexible Work Options, Paid Holidays, Sabbatical, Gift Matching, Health Club Reimbursement, Personal and Professional Development.  In addition to our robust benefits package, the final offer amounts will depend on a variety of factors, including the candidate’s geographic location, prior relevant experience, and their knowledge, skills, and abilities. 

Why Join IMA?

We’ve built a reputation for putting our associates first

What if we told you that you could be an integral part of an entrepreneurial, expanding company, develop lasting relationships, earn competitive benefits, plus claim part ownership? It’s this unique ownership business model that makes working at IMA so appealing.

We work in teams. We sell in teams. We win and prosper as a team

We provide support systems and resources that enable each of our associates to focus on what they do best. And as an independent company based in the Midwest, we’re big enough to write business all over the world and small enough to implement your ideas quickly.

We are recognized nationally as a leader in our industry

  • 2020-2023 Business Insurance Magazine Best Places to Work in Insurance 
  • 2023 Inc. Magazine’s Best Workplaces 
  • 2023 Denver Business Journal’s Best Places to Work 
  • 2022-2023 Connecticut Top Work Places  
  • 2021-2023 Inc. 5000’s List of Fastest Growing Companies  
  • 2019-2022 Civic 50 Colorado Honoree Recognizing 50 Most Community-Minded Companies 
  • 2022-2023 Kansas City Business Journal’s Best Places to Work 
  • 2021-2023 Charlotte Business Journal’s Best Places to Work  
  • 2021-2023 Los Angeles Business Journal’s Best Places to Work 
  • 2021-2023 The Salt Lake City Tribune Top Work Places 
  • 2021-2022 Puget Sound Business Journal’s Washington’s Best Workplaces 
  • 2021-2022 Wichita Business Journal’s Best Places to Work, #1 in extra-large category 
  • 2021 Dallas Business Journal’s Best Places to Work 
  • 2021 Alaska Journal of Commerce’s Best Workplaces in Alaska 

This Job Description is not a complete statement of all duties and responsibilities comprising this position.

The IMA Financial Group, Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.  In addition to federal law requirements, The IMA Financial Group, Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.  

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Demographic Information

IMA collects certain employee self-identification information.  Some information is required for statistical purposes to comply with federal Equal Employment Opportunity reporting requirements.  This information allows us to understand the composition of our workforce, as we focus on ensuring an equitable and inclusive workplace for all.  It also provides data for our Diversity, Equity, and Inclusion strategy and programming.  While you are required to respond to each question, you may select "Decline to answer".  Your demographic information will not be shared nor affect your eligibility for employment or career advancement opportunities within the company. Thank you in advance for your interest in IMA.

Company Culture

Change makers. Employee owners.

We’re hiring do-ers, go-getters, and the owners of tomorrow at IMA as we build the brokerage of the future.

See what it feels like to be supported by IMA on your career journey.