Compensation Partner
$104.9k - $175kAXA XL Ltd
Compensation Partner
As the Compensation Partner, you will be a proactive business partner supporting specific business groups within the Americas. You will take a lead role in supporting these businesses which includes but is not limited to client relations, compensation analysis and benchmarking, survey submissions, annual compensation process and ad hoc project management. This role provides strategic, data-driven guidance on complex and new compensation matters in a fast-paced environment. Your expertise will be pivotal in designing best-in-class compensation solutions, ensuring consistent administration in compliance with company policies and government regulations.
What will your essential responsibilities include?
- Act as a consultant to HR and the business, delivering thorough and thoughtful guidance on compensation matters, including policies, procedures, the company's compensation philosophy, market pricing, internal equity, job evaluation, and job structure. Your insights will enable AXA XL to effectively recruit and retain top talent.
- Partner with HR business partners, executive leadership and senior business owners on complex compensation initiatives, including large-scale redesigns, incentive plans, and pay equity projects. Develop tailored compensation strategies that support business growth.
- Collaborate with the HR Business Partners team and the business to ensure adequate support and information for planning, analysis, and review. Prepare complex compensation offers ensuring market competitiveness and internal equity.
- Translate complex compensation and workforce data into clear, compelling narratives that support executive level decision making
- Maintain awareness of emerging AI and data analytics trends to continually enhance compensation strategies and processes. Drive automation of routine compensation processes through AI and technology solutions, reducing manual effort and increasing accuracy.
- Increase the use of analytics and insights to diagnose issues, elevate options and recommend solutions tied to business outcomes
- Support the overall planning and execution of the annual compensation cycle including HR Business Partner and manager training.
- Participate in the design and implementation of the compensation tool (HCM Cloud) and serve as a key resource for HRBPs and managers regarding system inquiries and troubleshooting.
- Work alongside HR and managers on pool modeling, distribution, colleague recommendations, and management reporting.
We're looking for someone who has these abilities and skills:
- Bachelor's degree in Human Resources, Business, Finance or a related field is required. The ideal candidate will have relevant HR/Compensation experience.
- Typically requires moderate level of relevant experience, including progressive compensation experience
- Previous Financial Services experience and ideally knowledge of the insurance sector is preferred.
- Extensive analytical and problem-solving skills with advanced working knowledge of MS Excel.
- Possess professional skills and good judgement to establish trust and rapport at all levels of the organization, including Senior HR and Business Leaders.
- Ability to work independently and lead initiatives as required, demonstrating effective project and time management skills, with the ability to meet tight deadlines and competing priorities
- High degree of attention to detail with the ability to develop techniques for compiling, preparing, and presenting data.
- Experience with using market data and various surveys globally.
- Effective comprehension of local compensation issues and trends, with a working knowledge of global understanding preferred.
- Experience with Oracle Fusion HCM or similar cloud-based HCM product knowledge preferred. Experience with AI/ML tools, data visualization platforms (e.g., Power BI, Tableau), or predictive analytics is a plus.
- Capable of negotiating and influencing at all levels, including the ability to add value to senior level negotiations.
- Excellent written and verbal communication skills; effective consultative/client service skills.
- Experience working within a globally matrixed organization.
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don't just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Learn more at axaxl.com
Inclusion
AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another — and our business — to move forward and succeed.
- Five Business Resource Groups focused on gender, LGBTQ+, ethnicity and origins, disability and inclusion with 20 Chapters around the globe.
- Robust support for Flexible Working Arrangements
- Enhanced family-friendly leave benefits
- Named to the Diversity Best Practices Index
- Signatory to the UK Women in Finance Charter
Total Rewards
AXA XL's Reward program is designed to take care of what matters most to you, covering the full picture of your health, wellbeing, lifestyle and financial security. It provides competitive compensation and personalized, inclusive benefits that evolve as you do.
We're committed to rewarding your contribution for the long term, so you can be your best self today and look forward to the future with confidence.
Sustainability
At AXA XL, Sustainability is integral to our business strategy. In an ever-changing world, AXA XL protects what matters most for our clients and communities. We know that sustainability is at the root of a more resilient future. Our 2023-26 Sustainability strategy, called "Roots of resilience", focuses on protecting natural ecosystems, addressing climate change, and embedding sustainable practices across our operations.
Our Pillars:
- Valuing nature: How we impact nature affects how nature impacts us. Resilient ecosystems - the foundation of a sustainable planet and society – are essential to our future. We're committed to protecting and restoring nature – from mangrove forests to the bees in our backyard – by increasing biodiversity awareness and inspiring clients and colleagues to put nature at the heart of their plans.
- Addressing climate change: The effects of a changing climate are far-reaching and significant. Unpredictable weather, increasing temperatures, and rising sea levels cause both social inequalities and environmental disruption. We're building a net zero strategy, developing insurance products and services, and mobilizing to advance thought leadership and investment in societal-led solutions.
- Integrating ESG: All companies have a role to play in building a more resilient future. Incorporating ESG considerations into our internal processes and practices builds resilience from the roots of our business. We're training our colleagues, engaging our external partners, and evolving our sustainability governance and reporting.
- AXA Hearts in Action: We have established volunteering and charitable giving programs to help colleagues support causes that matter most to them, known as AXA XL's "Hearts in Action" programs. These include our Matching Gifts program, Volunteering Leave, and our annual volunteering day – the Global Day of Giving.
For more information, please see Sustainability at AXA XL.
Applicants for this role must be legally authorized to work in the United States without sponsorship now or in the future. The U.S. base salary range for this position is USD $104,900 – 175,000.
Actual pay will be determined based upon the individual's skills, experience and location. We strive for market alignment and internal equity with our colleagues' pay.
At AXA XL, we know how important physical, mental, and financial health are to our employees, which is why we are proud to offer benefits such as a competitive retirement savings plan, health and wellness programs, and many other benefits. We also believe in fostering our colleagues' development and offer a wide range of learning opportunities for colleagues to hone their professional skills and to position themselves for the next step of their careers. For more details about AXA XL's benefits offerings, please visit US Benefits at a Glance 2026.
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