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Compensation Manager Jobs in Andover, MN (NOW HIRING)

Senior Compensation Partner

Minneapolis, MN ยท On-site +1

$90K - $153K/yr

Excellent communication, presentation, and stakeholder management skills. * Experience supporting compensation programs in Mexico, Latin America, or other international markets. (preferred)

We serve our organization and guests with solutions that create value, mitigate risk, influence and enable the business while ensuring compliance As a Claims Manager, Workers Compensation, you will ...

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Compensation & Benefits / Total Rewards Consultant Location: Minneapolis, MN Type: Contract 3+ months Schedule: 4-5 days onsite, some flexibility Start: ASAP What They Need They need a senior Total ...

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Compensation Manager information

See Andover, MN salary details

$36.7K

$118.5K

$175K

How much do compensation manager jobs pay per year?

As of Aug 23, 2026, the average yearly pay for compensation manager in Andover, MN is $118,455.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,100.00 and $136,800.00 per year, depending on experience, location, and employer.

What is a compensation manager?

A compensation manager is part of a corporate HR team which researches and develops the pay policies in a company. They use research to help determine fair pay scales for all the company employees. Duties include helping the business with recruiting and integrating new employees. At a small company, they might be responsible for all aspects of the pay system, while at a larger company they may have specific responsibilities, such as doing market research or surveying workers.

What are the key skills and qualifications needed to thrive as a compensation manager?

To thrive as a Compensation Manager, you need expertise in compensation analysis, benefits administration, and compliance, often supported by a degree in human resources or business and relevant certifications such as CCP (Certified Compensation Professional). Familiarity with HRIS systems, data analytics tools, and compensation benchmarking software is typically required. Strong analytical thinking, attention to detail, and effective communication skills help you design competitive pay structures and collaborate with stakeholders. These skills ensure fair, data-driven compensation practices that support employee satisfaction and organizational goals.

What are some common challenges compensation managers face when designing competitive pay structures?

Compensation Managers often navigate the challenge of balancing internal equity, market competitiveness, and budget constraints when designing pay structures. They must ensure that compensation packages attract and retain top talent while staying compliant with regulations and maintaining fairness across the organization. Additionally, Compensation Managers regularly analyze market data, manage employee expectations, and collaborate with HR and leadership to support organizational goals. These complexities require strong analytical skills, communication, and the ability to adapt to changing market trends.

What is the difference between Compensation Manager vs Compensation Analyst?

AspectCompensation ManagerCompensation Analyst
CredentialsBachelor's degree, often HR or Business; certifications like CCP or CBPBachelor's degree in HR, Business, or related; certifications like CCP beneficial
Work EnvironmentOversees compensation strategies, manages teams, collaborates with HR leadershipAnalyzes salary data, prepares reports, supports compensation programs
Employer & Industry UsageUsed in large organizations across various industriesCommon in HR departments, especially in finance, healthcare, and tech sectors

The Compensation Manager focuses on developing and managing overall compensation strategies, policies, and team leadership. In contrast, the Compensation Analyst primarily conducts data analysis, prepares reports, and supports compensation program implementation. Both roles require similar credentials but differ in scope and responsibilities within the compensation function.

What degree do you need to be a compensation manager?

A compensation manager typically needs a bachelor's degree in human resources, business administration, finance, or a related field. Many employers prefer candidates with a master's degree or professional certifications such as the Certified Compensation Professional (CCP). Relevant skills include data analysis, knowledge of compensation laws, and experience with HR software.

What cities near Andover, MN are hiring for Compensation Manager jobs?

Cities near Andover, MN with the most Compensation Manager job openings:

Infographic showing various Compensation Manager job openings in Andover, MN as of August 2026, with employment types broken down into 84% Full Time, 14% Part Time, 1% Temporary, and 1% Contract. Highlights an 81% Physical, 2% Hybrid, and 17% Remote job distribution, with an average salary of $118,455 per year, or $56.9 per hour.

Senior Compensation Consultant

Western National Group & Umialik Insurance

Minneapolis, MN โ€ข On-site

$104K - $143K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago


Job description

Description:

Who are we?

Western National Insurance Group is a private mutual insurance company with over 120 years of experience serving customers' property-and-casualty insurance needs in the Midwestern, Northwestern, and Southwestern United States. Known as “The Relationship Company®,” we define success as a measure of the relationships we’ve built over time. In everything that we do, we know that delivering a friendly and helpful interaction makes for a better experience for everyone involved. That’s the power of “nice”. At Western National, nice is something we work to bring to every person and organization with whom we partner and serve.


Does this opportunity interest you?

Western National is seeking a Senior Compensation Consultant to join our team!


The individual in this role will have the opportunity to lead the design, administration, and continuous improvement of Western National Insurance Group’s compensation programs. This individual will leverage market data, internal equity analysis, and business insight to deliver competitive, equitable, and sustainable pay practices that support the organization’s talent strategy and long-term business objectives.


Work Schedule:

This position will begin with an in-office training period, averaging approximately three months. Following training, the role will transition to a hybrid schedule with three days in the office and two days working from home each week. Candidates should be within a commutable distance of our Twin Cities office.


What are the responsibilities and opportunities of this role?

  • Leads the design, administration, and continuous improvement of the organization’s compensation philosophy, salary structures, job architecture, and related programs to support market competitiveness, internal equity, and sound compensation governance.
  • Partners with HR Business Partners and business leaders to evaluate new and existing positions, conduct market benchmarking, recommend job levels and pay grades, and provide guidance on compensation decisions.
  • Leads the annual market review process, including participation in salary surveys, analysis of market movement and competitive positioning, and recommendations for salary structure and employee pay adjustments.
  • Develops and oversees a consistent approach to internal equity analysis, identifies areas of concern, recommends appropriate actions, and educates leaders on equitable pay practices.
  • Administers companywide incentive compensation programs, including short-term and long-term incentive plans, and supports program design, modeling, communication, and governance.
  • Leads the annual merit review cycle from planning through completion, including system configuration, leader education, communications, data validation, approvals, employee communications, and payroll coordination.
  • Partners with senior HR leadership and the CEO support executive compensation, including base salary, short-term and long-term incentives, and related compensation analyses and recommendations.
  • Configures, maintains, and continuously improves Workday Advanced Compensation processes, reporting, and controls.
  • Collaborate with HR leadership and Finance on the annual budgeting process by providing compensation analyses, workforce cost projections, salary increase modeling, incentive forecasting, and financial recommendations.
  • Prepares compensation analyses, dashboards, models, and executive-ready materials that translate complex data into actionable recommendations.
  • Maintains compensation policies, procedures, documentation, and employee-facing communications, including Total Rewards communications and annual Total Rewards statements.
  • Monitors compensation-related laws and regulations, partners with HR and Legal to assess impacts, and supports compliant implementation and ongoing audits.
  • Builds trusted relationships across the organization and provide responsive, practical, and customer-focused compensation consultation.
Requirements:

What are the must-have qualifications for a candidate?

  • Five-plus years of progressively responsible compensation experience, including experience with base pay, incentive compensation, market pricing, and job evaluation.
  • Bachelor’s degree in human resources, business, finance, or a related field; equivalent relevant experience may be considered in lieu of a degree.
  • Experience administering compensation processes in Workday, including Workday Advanced Compensation.
  • Strong analytical skills with the ability to interpret complex data, develop recommendations, and communicate findings to business leaders and executives.
  • Experience managing large, detail-intensive annual processes and partnering across HR, Finance, Payroll, and business functions.
  • High attention to detail, accuracy, confidentiality, and follow-through.
  • Ability to balance analytical rigor with an approachable, consultative style.
  • Strong written, verbal, and presentation skills, including experience presenting to executives and leadership groups.
  • Ability to influence without direct authority and build credibility with a wide range of stakeholders.
  • Strong organizational, project management, prioritization, and time management skills.
  • Collaborative, responsive, and solutions-oriented approach with a strong customer focus.
  • Advanced proficiency in Microsoft Excel and strong proficiency in Microsoft Word, PowerPoint, Outlook, and Teams.
  • Ability to create and interpret compensation models, reports, dashboards, and data visualizations.

What will our ideal candidate have?

  • Certified Compensation Professional (CCP) designation.
  • Experience supporting executive compensation and long-term incentive programs.
  • Experience with compensation survey platforms, job architecture, pay equity analysis, and compensation analytics.
  • Experience working in multi-state organizations.

Compensation overview

The targeted hiring range for this role is $104,300 - $143,440, annually. However, the base pay offered may vary depending on the job-related knowledge, skills, credentials, and experience of each candidate, as well as other factors such as the scope and location of the role. Candidates looking for compensation outside of the posted range are encouraged to apply and will be considered based on their individual qualifications and / or may be considered for other positions.


Culture and Total Rewards

Western National has long been known as “The Relationship Company®” and caring for our employees is part of that relationship commitment. We value connectiveness, empowerment, and accountability, and we believe that our employees are our biggest asset.


Currently ranked as the 41st largest private company by revenue in Minnesota (Minneapolis/St. Paul Business Journal), Western National has earned accolades year-over-year as an employer of choice and garnered multiple awards for wellness in the workplace. Western National has also been named a Top Workplace by the Star Tribune for consecutive years. In addition, the Group is consistently recognized as a Ward’s 50 property-and-casualty insurance company for its outstanding financial results.


Western National offers full-time employees a significant Total Rewards Package, including:

  • Medical insurance plan options and other standard employee benefits, including dental insurance, vision benefits, life insurance, disability insurance, and more!
  • Health Savings Accounts (HSA) and Flexible Spending Accounts (FSA)
  • 401(k) Plan (participants are eligible for 100% matching on the first 6% of their contributions)
  • Wellbeing Program, including onsite fitness studio
  • Paid Time Off – including holiday, vacation, and volunteer
  • 100% company-paid tuition reimbursement for approved job-relevant coursework and access to The Institutes (Risk and insurance education)
  • Paid parental leave
  • Bonus opportunities

Western National believes in supporting balance between work and life by providing a flexible work environment, which includes a variety of hybrid and remote work arrangements designed to balance individual, job, department, and company needs.


Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.


Western National provides employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.


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