About Us

At Selective, we don't just insure uniquely, we employ uniqueness.Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2024 and certification as a Great Place to Work in 2024 for the fifth consecutive year.Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.

This position is responsible for shaping company's compensation strategies to attract and retain talent. Designs, plans, implements, and administers competitive and equitable compensation and recognition programs. Partners across human resource functions and key organizational stakeholders to align compensation plans, practices, and policies to meet the strategic needs of the business and company. Assesses compensation levels and mix relative to the external market and industry peers and prepares compensation summaries, analysis, and training materials for employees, business leaders, and the Board of Directors. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

• Direct the design of annual salary structures, merit increase recommendations, geographic differentials, and compensation administrative guidelines. Develop strategies to educate employees and business leaders, deliver compensation training programs, and manage all compensation related communications.
• Lead the annual compensation process by developing budgets and ensuring appropriate decision-making tools and technologies. Partner closely with HR Business Partners and HRIS to align system capabilities and effectiveness.
• Collaborate with HR Business Partners, and management to develop comprehensive reward and recognition programs, policies, guidelines, and processes that align with company strategy. Evaluate the effectiveness of programs through metrics and employee feedback.
• Develop board materials for the Compensation and Human Capital Committee of the Board of Directors. Ensure adherance to departmental review procedures and distribute qualitative and timely materials according to published deadlines.
• Analyze market data and industry trends to ensure thorough job evaluations and competitive positioning. Effectively communicate market data, competitive trends, and regulatory requirements with senior management. Build strong consultative relationships with senior management and business leaders and keep them abreast of market trends.
• Manage salary benchmarking strategies including salary survey data submissions, analysis and dissemenation of results. Pro-actively evaluate compensation strategies and develop recommendations as needed.
• Monitor compensation programs and practices for adherence to internal policies and regulatory requirements, e.g., FLSA, Pay Equity, SEC Rulings, etc. Ensure all compensation and total rewards policies and documents are updated annually to ensure compliance.
• Monitor compensation budget expenditures, accruals, and trends throughout the year. Develop forecasts for budget planning and align with HR leadership on associated strategies. Manage vendor contract renewals and fee negotiations.
• Stay up-to-date on changes in compensation trends and regulations to ensure the company remains competitive and compliant. Develop a strong understanding of the company's strategies, property & casualty industry, and business competitors. Ensure pro-active actions to engage employees and support talent retention strategies.
• Manage, develop, and motivate a compensation team that is focused on delivering competitive compensation programs and align with the Total Rewards strategy of attracting and retaining top talent. Partner with HR peers to support the leadership strategy, modeling behaviors that champion the organization's leadership competencies.

Knowledge and Requirements

• Expert knowledge of compensation modeling, statistical analysis, program development, and forecasting.
• Experience using data and metrics to develop executive presentations; meticulous attention to detail and excellent math skills.
• Must have excellent communication skills, both verbal and written; strong executive presence and project management skills.
• Ability to prioritize high volume workloads with competing demands
• Expert proficiency in most standard business software application, particularly Microsoft Office (Excel and PowerPoint)
• Demonstrated people leadership and development experience
  

Education and Experience

• College degree or equivalent experience required.
• Certified Compensation Professional (CCP) designation preferred.
• 7-10 years compensation experience
• Minimum 5 years HR leadership experience, managing a compensation function in a corporate setting.

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and paid time off plans. Additional details about our total rewards package will be provided during the recruiting process.The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.