AVP, Compensation

🕒 April 9

🏖️ New Jersey, Tennessee – Remote

🏖️ New Jersey – Remote 🎸 Tennessee – Remote

💵 $125k - $150k / year

⏰ Full Time

🔴 Lead

👔 Vice President

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Fortitude Re

WebsiteLinkedInAll Job Openings

201 - 500 employees

💸 Finance

⚕️ Healthcare Insurance

Finance • Healthcare Insurance

Fortitude Re is a reinsurance company that specializes in helping insurance companies around the world address their complex risk transfer challenges. The firm designs and delivers customized solutions for legacy Life & Annuity and Property & Casualty (P&C) insurance lines. Backed by experienced investor groups including The Carlyle Group and T&D Insurance Group, Fortitude Re prides itself on its leadership with over 20 years of industry experience to effectively manage legacy liabilities. Fortitude Reinsurance Company Ltd. , along with its subsidiaries, operates globally with a significant presence in Hamilton, Bermuda.

📋 Description

• Partner with the SVP, Total Rewards to operationalize and evolve the company’s compensation philosophy and strategy • Play a leading role in the governance and continuous improvement of compensation programs, including base salary structures, incentive plans, and equity programs • Establish and maintain frameworks, guidelines, and controls to support consistent and effective pay decisions • Ensure integration with benefits, well-being, and overall employee value proposition • Act as consultant to People Partners, Talent Acquisition, and management on compensation matters, including the total rewards strategy, compensation philosophy, market benchmarking, internal equity, policies, procedures. • Influence decision-making through data-driven insights and a strong understanding of business priorities • Responsible for the end-to-end management of annual compensation cycle, including salary increase, bonus, and equity planning • Oversee tools, modeling, and processes to enable efficient and effective decision-making • Establish and lead compensation communication and education strategies that embed understanding of the company’s compensation philosophy and enable consistent application of compensation practices across the organization • Ensure clear communication and enablement for People Partners and business leaders • Oversee the administration and governance of equity programs, ensuring effective execution and alignment with total rewards strategy • Own the relationship with the company’s third-party equity administration vendor, including oversight of day-to-day operations, service delivery and process effectiveness • Partner with Accounting to support equity related reporting, expense management and compliance requirements • Contribute to the evolution of equity programs and practices in line with business needs • Develop and deliver training and educational materials to enhance participant understanding of equity program and support informed decision-making • Lead the organization’s approach to market benchmarking and compensation analytics • Translate external market data and internal insights into actionable recommendations • Develop scalable reporting and tools to support ongoing decision-making • Lead pay review analyses and partner with the SVP, Total Rewards on remediation strategies • Ensure compliance with compensation-related regulations, including pay transparency requirements • Partner with People & Culture Partners and Legal to proactively manage risk and uphold equitable pay practices.

🎯 Requirements

• 7–10+ years of progressive experience in compensation, including program design and governance • Strong expertise in broad-based compensation, including base, incentive, and equity programs • Experience leading enterprise job architecture and leveling frameworks, including salary structure design, governance, and organizational enablement • Familiarity with emerging technologies, including AI-driven tools and analytics, and the ability to leverage them to enhance compensation insights, decision-making, and process efficiency • Demonstrated ability to lead enterprise compensation cycles and influence stakeholders • Strong analytical capability with the ability to translate data into business insights and recommendations • Working knowledge of compensation regulations, including pay equity and pay transparency • Experience with HRIS and compensation tools (e.g., Workday) • Proven ability to lead cross-functional initiatives and manage competing priorities in a fast-paced environment • Excellent communication, organizational, and project management skills with the ability to translate complex technical information for general audiences. • Demonstrated ability to collaborate with cross-functional teams • Bachelor’s degree or equivalent professional experience preferred; advanced degree or relevant certifications (such as CCP) a plus

🏖️ Benefits

• annual bonus based on company and individual performance • generous benefits package