Lead Compensation Analyst

Ascensus is the leading independent technology and service platform powering savings plans across America, providing products and expertise that help nearly 16 million people save for a better today and tomorrow.

The Lead Compensation Analyst role will focus on compensation planning, market benchmarking, and the development and implementation of competitive reward strategies. This role will bring a deep understanding of compensation structures, salary surveys, and market data analysis in the India market context, supporting the attraction, retention, and motivation of top talent.

Section 2: Job Functions, Essential Duties and Responsibilities

• Compensation Planning & Analysis
  • Collaborate with teammates to lead the annual  compensation planning processes, including merit increases, promotions, and bonus recommendations for India.
  • Analyze internal and external compensation data to ensure competitiveness and internal equity in accordance with the compensation strategy and philosophy of the organization.
  • Develop and maintain salary structures, ranges, and job levels aligned to market competitiveness and internal equity.

• Market Data Management
  •  Support Partner with compensation leader in compensation surveys (e.g., Mercer, Aon, Willis Towers Watson) and analyze market data to identify trends and provide insights.
  • Build and maintain compensation databases and dashboards for internal reporting and decision-making.
  • Partner with global and regional teams to align market data analysis with broader compensation strategies.

• Total Rewards Strategy & Execution
  • Contribute to the development and implementation of total rewards programs tailored to the local market.
  • Support long- and short-term incentive plan design and rollout.
  • Assist in communication and change management initiatives related to rewards programs.
  • Participate in job evaluation, leveling, and job family governance using established frameworks.

• Stakeholder Collaboration
  • Work closely with teammates, Talent Acquisition, and Finance to ensure alignment of compensation decisions with organizational goals.
  • Serve as a trusted advisor to HR Business Partners and people leaders on compensation matters.
  • Provide consultation and training to HR and line managers on compensation practices and tools.
• Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
• At Ascensus we are guided by our Core Values of People Matter, Quality First and Integrity Always®. They inspire us every day to prioritize an environment of respect for those we serve and one another and should be visible in your actions on a day-to-day.

Supervision  

• N/A

Section 3:  Experience, Skills, Knowledge Requirements

• Bachelor’s degree in Human Resources, Business, Economics, or related field; MBA or professional HR certification (e.g., CCP, GRP) is a plus.
• 8+ years of progressive experience in compensation or total rewards, with strong exposure to India compensation practices.
• Strong analytical skills and proficiency in Excel, data visualization tools, and HRIS systems e.g., Workday.
• Demonstrated experience working with compensation surveys and benchmarking tools.
• Knowledge of Indian labor laws and regulatory guidelines related to compensation and benefits.
• Excellent communication skills and ability to present data-driven insights to diverse stakeholders.

We are proud to be an Equal Opportunity Employer

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