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Senior Compensation Manager

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🕒 2 days ago

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Logo of PORCH 💚

PORCH 💚

1 - 10 employees

Founded 2022

🤝 B2B

👥 B2C

Insurance • B2B • B2C

PORCH 💚 is a next-generation insurance company that provides comprehensive software and services to various home service industries. It streamlines interactions for home professionals, utility customers, realtors, and homeowners by offering tools for inspections, moving, mortgage processes, and home maintenance. Through its partnerships, Porch enhances the home buying experience by simplifying service requests, onboarding new customers for warranty and insurance companies, and assisting with home improvement projects.

📋 Description

• Independently lead the design, execution, and governance of core compensation programs including base salary structures, annual incentive plans, and long-term equity-based compensation, ensuring alignment with business strategy, pay-for-performance principles, and shareholder interests. • Serve as a key contributor to Compensation Committee support, including preparation of materials, analyses, and executive summaries related to executive and broad-based compensation programs. • Support proxy statement (CD&A) development, including drafting inputs, quantitative disclosures, and pay-for-performance analyses in partnership with Legal, Finance, and external advisors. • Own and maintain job architecture and leveling frameworks consistent with Radford methodology; create and update job profiles in Workday. • Lead Porch's annual compensation survey submissions and own relationships with survey providers; serve as primary SME for the survey aggregator Payfactors. • Analyze survey data to understand market trends and maintain and recommend updates to salary structures, pay policies, and practices. • Lead annual and mid-year compensation review cycles (merit, bonus, incentive, and equity), ensuring disciplined execution, adherence to internal controls, and alignment with approved budgets. • Act as a senior compensation advisor to HR Business Partners and business leaders on matters related to hiring, promotions, retention actions, organizational design, and workforce planning. • Partner closely with Finance to manage compensation budgets and forecasts; own the quarterly compensation accrual process in support of accounting quarter-end activities. • Consult on sales compensation, short-term and long-term incentive plans; support annual incentive plan refresh, plan documentation, and goal setting. • Ensure compensation programs comply with all applicable federal, state, and local regulations including equal pay, wage and hour, pay transparency, and public-company disclosure requirements. • Influence cross-functional stakeholders to drive compensation initiatives, policy enhancements, and process improvements through expertise and data-driven recommendations. • Provide functional leadership and mentorship to team members; contribute to developing a positive team culture.

🎯 Requirements

• 8+ years of progressive experience in compensation, total rewards, or a closely related HR function. • Bachelor's degree in Human Resources, Business Administration, Finance, Economics, or a related field; or equivalent combination of education and experience. • Demonstrated hands-on expertise in executive compensation, including direct experience supporting Compensation Committee materials and proxy statement (CD&A) development — not just exposure through a team or consulting engagement. • Experience in a public-company environment with familiarity with compensation governance, SEC/SOX requirements, and public disclosure standards. • Advanced ability in conducting market pricing, salary benchmarking, and job evaluation/leveling; experience with Radford/Aon and/or Mercer survey platforms strongly preferred. • Expert proficiency in Excel including pivot tables, VLOOKUP, and advanced data analysis; strong analytical and quantitative skills with large data sets. • Experience leading or meaningfully contributing to annual compensation review cycles (merit, bonus, equity). • Ability to own projects independently from inception through execution — this is a roll-up-your-sleeves IC role without a large team behind you. • Strong communication skills with demonstrated ability to present compensation concepts clearly to senior leaders and board-level audiences; collaborative, team-oriented style required. • Proficiency with Workday compensation module preferred; experience building or iterating on Workday comp setup is a plus. • Consulting firm background (Aon, Radford, Mercer, WTW, or similar) followed by sustained in-house experience is an ideal profile. • Knowledge of U.S. compensation-related laws and regulations including FLSA, equal pay, pay transparency, and pay equity; non-US compensation awareness a plus. • CCP certification or active progress toward certification preferred. • Master's degree in HR, Finance, or a related field a plus.

🏖️ Benefits

• Our traditional healthcare benefits include three (3) Medical plan options, two (2) Dental plan options, and a Vision plan from which to choose. • Critical Illness, Hospital Indemnity and Accident plans are offered on a voluntary basis. • We offer pre-tax savings options including a partially employer funded Health Savings Account and employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options. • We provide company paid Basic Life and AD&D, Short and Long-Term Disability benefits. We also offer Voluntary Life and AD&D plans. • Both traditional and Roth 401(k) plans are available with a discretionary employer match. • Supportlinc is part of our employer paid wellbeing program and provides employees and their families access to on demand guided meditation and mindfulness exercises, mental health coaching, clinical care and online access to confidential resources including will preparation. • LifeBalance is a free resource to employees and their families for year-round discounts on things like gym memberships, travel, appliances, movies, pet insurance and more. • Our wellness programs include flexible paid vacation, company-paid holidays of typically nine per year, paid sick time, paid parental leave, identity theft program, travel assistance, and fitness and other discounts programs.

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