Porch Group is a leading vertical software and insurance platform and is positioned to be the best partner to help homebuyers move, maintain, and fully protect their homes. We offer differentiated products and services, with homeowners insurance at the center of this relationship. We differentiate and look to win in the massive and growing homeowners insurance opportunity by
1) providing the best services for homebuyers
2) led by advantaged underwriting in insurance
3) to protect the whole home
As a leader in the home services software-as-a-service (“SaaS”) space, we’ve built deep relationships with approximately 30 thousand companies that are key to the home-buying transaction, such as home inspectors, mortgage companies, and title companies.
In 2020, Porch Group rang the Nasdaq bell and began trading under the ticker symbol PRCH. We are looking to build a truly great company and are JUST GETTING STARTED.
Job Title: Senior Compensation Analyst
Location: India
Workplace Type: Remote
Job summary:
The future is bright for the Porch Group, and we’d love for you to be a part of it as our Senior Compensation Analyst.
As part of the global Total Rewards team, you will be responsible for developing, implementing and administering compensation programs and policies. This key individual contributor role will be a trusted advisor to the HRBP team, Talent Acquisition team and business client groups on compensation matters, will drive the annual compensation review cycle within Workday and provide analytical support on ongoing compensation programs and new initiatives. The ideal candidate will be highly analytical, will have strong compensation compliance knowledge, project-management and technical skills, and will bring a collaborative approach to interactions with partners across Porch. If you're passionate about making an impact and thrive in a fast-paced environment, we’d love to hear from you!
What You Will Do As A Senior Compensation Analyst
Evaluate and benchmark new positions and/or changes to current positions to determine appropriate leveling, determine the salary range and incentive compensation eligibility; create/update job profiles as appropriate in Workday
Create strong working relationships with HR Business Partners and Talent Acquisition team to advise on pay decisions, policy and guideline interpretation, job evaluations, job description reviews and job offers; proactively communicate changes and updates to compensation policy and programs
Play an active role in leading the Porch annual and mid-year compensation review cycles, including merit budget development, partnering with the People Systems team on setup and testing, analyzing compensation actions, tracking against budget and consolidating the results for approval
Lead Porch’s annual compensation survey submissions, own relationships with the survey providers including recommendations on participation, data cuts and renewals; serve as a primary contact and SME for the survey aggregator Payfactors
Analyze resulting survey data to understand compensation trends; maintain and recommend updates to salary structures, pay policies and practices based on market data
Own 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
Proactively bring insights, apply research and best practices; review, document and recommend improvements to processes
Stay abreast of US Federal, State and non-US compensation laws and regulations, including FLSA, minimum wage, pay equity, pay transparency, SOX, SEC, DOL and other relevant statutes; monitor new compliance developments and make recommendations in collaboration with legal partners
Provide additional reporting and analysis for mergers and acquisitions, legal/regulatory assessments, and other related special projects
What You Will Bring As A Senior Compensation Analyst
Bachelor's degree in relevant field; or 4 years of professional experience in lieu of degree
7+ years of direct compensation experience, preferably in a US publicly-traded company
In-depth knowledge of US compensation laws and regulations, including the IRS code, FLSA, 409A, EEO, state minimum wage and pay equity legislation; working knowledge of SEC and international pay laws a plus
Can do attitude and ability to quickly move between competing priorities while maintaining a strategic mindset
Exceptional Excel knowledge, including pivot tables and lookups
In-depth knowledge of HRIS, preferably Workday Compensation
Well-rounded knowledge of compensation data landscape, including experience with WTW, AON/Radford, Mercer and other major surveys
Strong analytical and problem-solving skills
Highly collaborative style, ability to influence and communicate effectively while balancing the big picture with detail
High integrity and ability to handle sensitive information
Certified Compensation Profession (CCP) or similar designation preferred
The application window for this position is anticipated to close in 2 weeks (10 business days) from November 4th. Please know this may change based on business and interviewing needs.
What You Will Get As A Porch Group Team Member
Our benefits package will provide you with comprehensive coverage for your health, life, and financial well-being.
Our benefits include medical insurance, accident insurance and retiral benefits.
Our wellness programs include 12 company-paid holidays, 2 flexible holidays, privilege/earned leave, casual/sick leave, paid maternity and paternity Leaves, and weekly wellness events.
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What’s next?
Submit your application below and our Talent Acquisition team will be reviewing your application shortly! If your resume gets us intrigued, we will look to connect with you for a chat to learn more about your background, and then possibly invite you to have virtual interviews. What's important to call out is that we want to make sure not only that you're the right person for us, but also that we're the right next step for you, so come prepared with all the questions you have!
Porch is committed to building an inclusive culture of belonging that not only embraces the diversity of our people but also reflects the diversity of the communities in which we work and the customers we serve. We know that the happiest and highest performing teams include people with diverse perspectives that encourage new ways of solving problems, so we strive to attract and develop talent from all backgrounds and create workplaces where everyone feels seen, heard and empowered to bring their full, authentic selves to work.
Porch is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations, and ordinances.
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