We’re hiring on behalf of a global insurance organization that is looking for a Senior Compensation Analyst for a 12-month contract. In this role, you’ll help steer the direction of the company’s compensation programs by combining solid financial modelling, careful analysis and sharp business judgment.

What You’ll Do

Compensation & Incentives Analysis

- Drive detailed market research, track how competitive current compensation programs are and give HR and business leaders practical insights and recommendations.
- Shape, assess, and continually refine compensation and incentive programs so they remain competitive, effective, relevant to local markets and in step with company objectives.
- Create and maintain dependable financial and compensation models that measure cost impacts, compare scenarios, gauge program performance and flag implementation factors.
- Blend data analysis with an understanding of the business to produce realistic, well-supported recommendations especially when information is partial or still changing.
- Carry out pay equity reviews and ongoing upkeep making sure the organization meets pay transparency legislation across Canada
- Contribute to market and custom survey submissions to keep pace with industry trends and guide compensation strategy.
- Perform job evaluations across a range of levels and complexity to support fair, consistent pay decisions.
- Help carry out compensation plans and programs, covering pay policy, salary structures, salary planning, incentive plans and recognition programs.




- Partner with HR leadership to build customized solutions that fit client group needs and advance wider business goals.
- Assist with special studies on wellness best practices, emerging trends and the future of total rewards.

What You’ll Bring

- A bachelor’s degree in business administration, Human Resources, Finance, Economics, or a related discipline is preferred.
- Working toward or holding the CCP designation is an asset.
- At least 3-5 years in total rewards, with well-rounded expertise in compensation program design, incentive design, compensation practices, and compensation theory.
- Solid financial modelling skills, including assessing cost impacts, building scenarios, interpreting outcomes and turning analysis into actionable recommendations.
- Excellent analytical skills, with the ability to read market, financial, and business data and convert findings into clear recommendations.
- A proven record of navigating ambiguity, breaking down complex problems, and forming sound recommendations when information is incomplete or shifting.
- Outstanding organizational skills and the ability to juggle several priorities at once.
- Comfort working both independently and within a team contributing to a dynamic and inclusive environment.
- An appreciation for handling information with accuracy, security and confidentiality.
- Advanced skills in Excel, PowerPoint, and the wider Microsoft Office suite including hands-on experience building Excel models, scenario analyses and visual data displays.

Our team of specialized recruiters teams up with our inhouse AI to help find the right people for the right jobs. This posting is for a current opening with one of our clients.

📌 Senior Compensation Analyst (12-Month Contract) (Toronto)
🏢 Elith Consultancy Services
📍 Toronto