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Senior Manager - Finance and HR Compensation

Allstate Insurance
United States, Illinois, Chicago
Dec 19, 2024

At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. And for more than 90 years our innovative drive has kept us a step ahead of our customers' evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection.

Job Description

The Senior Manager - Finance and HR Compensation serves as a strategic business advisor, bridging Finance Shared Services and HR functions to deliver actionable financial insights and innovative solutions. This role will influence business priorities, support HR initiatives, and partner with key stakeholders to drive growth, operational efficiency, and strategic success.

The position requires a dynamic leader with strong business acumen to consult on compensation programs, execute financial planning, and provide actionable cross-functional collaboration. This role involves direct supervision of a team and collaboration with senior leadership across Finance and HR.

This role will be hybrid, ~1 time per week in the Chicagoland offices. Key Responsibilities Compensation Design and Analysis:
  • Leverage experience and business acumen to collaborate with the Executive Compensation VP to design, model, and assess compensation programs, including analysis for acquisitions and divestitures.
  • Perform ad-hoc analysis to support strategic compensation decisions and ensure alignment with business objectives.
Strategic Financial Support:
  • Provide thought leadership to support HR in achieving financial and operational goals, including planning/forecasting processes, cost-benefit analysis (CBA), vendor management, and delivering actionable reporting and analysis.
  • Partner with accounting and other finance departments to ensure accurate and timely external reporting and financial disclosures.
Business Unit Leadership:
  • Lead team members to ensure efficiency and effectiveness, fostering a collaborative environment and resolving conflicts.
  • Partner with senior leaders to identify and execute financial strategies, talent management initiatives, and process improvements.
  • Leverage internal and external networks to drive success in achieving organizational goals.
Education
  • 4 year Bachelors Degree; Master's degree preferred
Experience
  • 10 or more years of experience in finance, HR, or related fields
Supervisory Responsibilities
  • This role includes direct supervisory responsibilities, fostering team development, and ensuring the delivery of high-quality outputs
Education & Experience (in lieu)
  • In lieu of the above education requirements, an equivalent combination of education and experience may be considered.
Skills and Qualifications
  • Proven business acumen and decision making to influence compensation structures, including acquisition and divestiture scenarios.
  • Executive consultation and communication skills, with the ability to influence senior management.
  • Advanced financial modeling skills to assess business scenarios and drive decision-making.
  • Experience in achieving favorable outcomes through goal setting, measurement including partnering effectively with 3rd parties.
  • Leadership skills to guide teams effectively and navigate cross-functional relationships.

Skills

Business Influence, Communication, Compensation Structures, Executive Consultation, Financial Modeling, Leadership

Compensation

Compensation offered for this role is $121,600.00 - 206,650.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.

Joining our team isn't just a job - it's an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. And one where you can impact the future for the greater good.

You'll do all this in a flexible environment that embraces connection and belonging. And with the recognition of several inclusivity and diversity awards, we've proven that Allstate empowers everyone to lead, drive change and give back where they work and live.

Good Hands. Greater Together.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

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It is the Company's policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee's ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.

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