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Compensation Strategy Jobs in Indiana (NOW HIRING)

Data Strategy-Manager

Indianapolis, IN · On-site

$99K - $232K/yr

Responsibilities - Lead the creation and execution of data-driven strategies to enhance business ... Actual compensation within the range will be dependent upon the individual's skills, experience ...

Make strategic choices and drive change by addressing system-level enablers. Promote technological ... Actual compensation within the range will be dependent upon the individual's skills, experience ...

Growing as a strategic advisor, you leverage your influence, expertise, and network to deliver ... Actual compensation within the range will be dependent upon the individual's skills, experience ...

Communicate and support relevant HR initiatives such as policies, programs, compensation strategies and benefits in order to foster a positive work environment. * Consult with divisional leaders on ...

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Compensation Strategy information

What are the key skills and qualifications needed to thrive in Compensation Strategy, and why are they important?

To thrive in Compensation Strategy, you need a strong background in data analysis, compensation principles, and human resources, often supported by a degree in HR, finance, or business. Familiarity with compensation management software, HRIS systems, and certifications like CCP (Certified Compensation Professional) is highly valuable. Excellent communication, problem-solving, and stakeholder management skills set top performers apart in this field. These capabilities ensure fair, competitive, and compliant compensation programs that drive employee engagement and organizational success.

How does a Compensation Strategy professional typically collaborate with HR and business leaders to develop effective pay structures?

Compensation Strategy professionals work closely with HR teams and business leaders to align pay structures with organizational goals and market benchmarks. They participate in regular meetings to discuss workforce trends, company performance, and budget constraints, ensuring that compensation plans attract and retain top talent. This role often involves analyzing salary data, proposing adjustments, and presenting recommendations to leadership for approval, fostering a collaborative environment that balances business needs with employee satisfaction.

What is compensation strategy?

Compensation strategy refers to an organization's approach to designing and managing employee pay, benefits, and rewards to attract, motivate, and retain talent. It involves aligning compensation programs with business goals, market trends, and internal equity considerations. A well-developed compensation strategy helps ensure that employees are fairly rewarded for their work and that the company remains competitive in the job market. It typically includes salary structures, incentive plans, and benefits offerings tailored to the organization's objectives.

What job makes $10,000 a month without a degree?

In compensation strategy roles, high-level consultants or specialists with extensive experience can earn $10,000 or more per month, especially in senior or executive positions. These roles often require strong analytical skills, industry knowledge, and sometimes certifications, but may not require a formal degree if experience and proven results are demonstrated.

What is the difference between Compensation Strategy vs Compensation Analyst?

AspectCompensation StrategyCompensation Analyst
Primary FocusDeveloping overall compensation plans and policiesAnalyzing salary data and market trends
ResponsibilitiesDesigning pay structures, benefits, and incentive programsConducting salary surveys, data analysis, and reporting
Required CredentialsHR or compensation certifications, relevant experienceDegree in HR, finance, or related field; analytical skills
Work EnvironmentStrategic planning, policy development, cross-department collaborationData analysis, reporting, supporting compensation decisions

While Compensation Strategy focuses on creating and guiding overall pay policies and structures, Compensation Analysts implement these strategies through data analysis and market research. Both roles are essential in ensuring competitive and equitable compensation practices within organizations.

What are popular job titles related to Compensation Strategy jobs in Indiana? For Compensation Strategy jobs in Indiana, the most frequently searched job titles are:
What cities in Indiana are hiring for Compensation Strategy jobs? Cities in Indiana with the most Compensation Strategy job openings:
Principal Data Strategy Analyst

Principal Data Strategy Analyst

Liberty Mutual

Indianapolis, IN • On-site

Full-time

This job post has expired today. Applications are no longer accepted.


Liberty Mutual rating

8.9

Company rating: 8.9 out of 10

Based on 139 frontline employees who took The Breakroom Quiz

46th of 259 rated insurance


Job description

Description

Purpose of the Role

The Principal Data Strategy Analyst within the Office of Data & Data Science supporting People, Purpose, & Brand (PP&B) plays a key role in shaping and advancing data strategy in support of strategic priorities. Reporting into the Transformation, Intelligence, & Enablement team within PP&B, this role serves as a connector across business, transformation, technology, and enterprise data teams helping translate complex business challenges into actionable data strategies.. The role also partners closely with Enterprise Data & Data Science leaders to support and influence enterprise data standards, capabilities, and strategic priorities.

As a strategic partner and problem solver, this role drives enterprise-aligned data initiatives that strengthen PP&B capabilities and enable measurable business outcomes. Success in this role requires strong critical thinking, strategic development, communication, and stakeholder management skills, along with the ability to influence across a complex, matrixed organization.

You will help mature data strategy practices, support enterprise-wide initiatives, and embed data-centered frameworks into decision-making and ways of working. This role requires someone comfortable navigating ambiguity, building strategic narratives, facilitating alignment, and driving execution across cross-functional teams.

What Success Looks Like

  • Translate complex business challenges into scalable data strategies and capabilities, aligned to business and enterprise priorities.  
  • Build frameworks to track progress, raise prioritization needs, and support investment decisions.
  • Establish strong partnerships across business, analytics, technology, and enterprise data teams to drive standards for data capabilities and maturity. 
  • Deliver executive-ready narratives, presentations, and recommendations that drive alignment and decision-making.
  • Improve data maturity, adoption, and strategic enablement across PP&B

Key Responsibilities

Data Strategy & Strategic Development

  • Help define and operationalize PP&B data strategy and policy practices aligned to enterprise standards
  • Translate business goals into actionable data strategies, roadmaps, and initiatives
  • Identify opportunities to improve data processes, decision-making, and organizational effectiveness
  • Research industry trends and emerging capabilities to inform future-state planning
  • Develop frameworks, success metrics, and governance approaches to measure outcomes and value

Problem Solving & Collaboration

  • Lead structured problem-solving efforts to address business and organizational challenges
  • Synthesize qualitative and quantitative insights into clear recommendations and action plans
  • Assess trade-offs, dependencies, risks, and impacts to support strategic decision-making
  • Partner with analytics, digital experience, and transformation teams to align data strategies with business priorities
  • Support transformation initiatives by embedding data strategy into planning and execution

Stakeholder Management & Communication

  • Serve as a trusted advisor and strategic partner to the Director of Data Strategy and PP&B stakeholders
  • Build alignment through strong facilitation, communication, and relationship management
  • Develop compelling narratives, presentations, and executive-ready materials for diverse audiences
  • Lead and coordinate cross-functional workstreams with clear priorities, timelines, and outcomes
  • Promote data literacy and data-informed decision-making through effective storytelling and communication
Qualifications
  • 5+ years of experience in data strategy, data governance, strategic development, transformation, program management, analytics, consulting, communications, data governance, or related fields
  • Proven ability to lead strategic initiatives or complex workstreams with measurable business impact, experience partnering across business, data, analytics, and technology teams
  • Strong strategic thinking and critical problem-solving skills
  • Strong executive communication and presentation skills, with ability to understand and communicate complex data concepts to technical and non-technical audiences
  • Ability to manage ambiguity, prioritize effectively, and drive initiatives forward independently

Preferred Qualifications:

  • Experience with talent data strategy
  • Experience with data warehouse technologies
  • Experience with Snowflake
About Us

Pay Philosophy: The typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role. 

At Liberty Mutual, our goal is to create a workplace where everyone feels valued, supported, and can thrive. We build an environment that welcomes a wide range of perspectives and experiences, with inclusion embedded in every aspect of our culture and reflected in everyday interactions. This comes to life through comprehensive benefits, workplace flexibility, professional development opportunities, and a host of opportunities provided through our Employee Resource Groups. Each employee plays a role in creating our inclusive culture, which supports every individual to do their best work. Together, we cultivate a community where everyone can make a meaningful impact for our business, our customers, and the communities we serve.

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://www.libertymutualgroup.com/about-lm/careers/benefits  Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.  Fair Chance Notices 

  • California 
  • Los Angeles Incorporated 
  • Los Angeles Unincorporated 
  • Philadelphia 
  • San Francisco 
Employment Type: FULL_TIME

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About Liberty Mutual

Sourced by ZipRecruiter

Since 1912, we've grown into the fifth largest global property and casualty insurer based on 2022 gross written premium. We also rank 86 on the Fortune 100 list of largest corporations in the US based on 2022 revenue. ​At Liberty Mutual Insurance we work hard every day to support our customers and our people, so they can protect their families, build their businesses and invest in their futures. We are headquartered in Boston, but our people, our customers and our reach span the globe. So to better serve our global customers and employees, we are organized into three business units.

Industry

Insurance services

Company size

10,000+ Employees

Headquarters location

Boston, MA, US

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