Senior Compensation Analyst, Total Rewards (12-month Contract)

Department: Human Resources

Location: Toronto, Ontario

Reports To: Senior Manager, Total Rewards

Company Overview:

Liberty Mutual Canada (“LM Canada”) is the Canadian operation of Liberty Mutual Insurance Company. We offer a broad suite of commercial insurance products and solutions to mid-size and large Canadian companies with Canadian, North American and/or multinational risks. Liberty Mutual Canada has over 350 employees and services its clients coast-to-coast from our regional offices in Vancouver, Calgary, Toronto, Montreal and Halifax.

At LM Canada, diversity is about all of us. Our promise to you is a culture that is collaborative, rewarding, and empowering. We are committed to attracting and retaining employees across all dimensions of diversity and believe that recognizing, appreciating, and applying the unique insights, perspectives and backgrounds of each person cultivates an atmosphere of trust and respect. At LM Canada, our values are to foster a high-performing, equitable and inclusive culture where the best talent of all backgrounds can bring their whole selves to work and succeed.

If you don’t meet every listed requirement, we still encourage you to apply. We welcome diverse backgrounds and perspectives that can strengthen our team.

Our core values guide all our decision-making and come to life through our benefits and employee programs. We offer:

A premier flexible work environment (a combination of on-site & remote work) supporting our employees in their pursuit of a healthy work-life balance.
Competitive health & dental benefits plan
Competitive time off policy
External education & tuition reimbursement programs
Employee & Family Assistance Programs
An opportunity to get involved; become a member of one of our national employees’ committees – social responsibility, employee engagement, diversity, equity & inclusion.

The Opportunity:

Join a high-performing team as a Senior Compensation Analyst, Total Rewards, where you'll have the opportunity to make an immediate and meaningful impact.

We're seeking an experienced Total Rewards professional with strong compensation and incentive design expertise to help shape our rewards programs. In this role, you'll combine financial modeling, analytical rigor, and strategic thinking to provide insights and recommendations that drive effective compensation decisions, even in complex or ambiguous situations.

Functional Responsibilities:

Lead comprehensive market analyses to assess the competitiveness of compensation programs and provide actionable insights and recommendations to HR and business leaders.
Design, evaluate, and continuously enhance compensation and incentive programs that are market-competitive, strategically aligned, locally relevant, and effective in supporting organizational objectives.
Develop and maintain sophisticated financial and compensation models to evaluate program costs, model scenarios, assess effectiveness, and support implementation planning.
Translate complex data and business context into clear, practical recommendations, exercising sound judgment in situations with ambiguity or evolving information.
Conduct pay equity analyses and ongoing maintenance activities to ensure compliance with pay transparency and legislative requirements across our Canadian locations, including Toronto, Montreal, Calgary, Vancouver, and Halifax.
Participate in market and custom compensation surveys, leveraging external data and industry trends to inform compensation strategy and decision-making.
Perform job evaluations across a range of functions and levels, ensuring equitable, consistent, and market-aligned compensation decisions.
Support the administration and execution of compensation programs, including salary structures, annual compensation planning, incentive plans, pay policies, and employee recognition initiatives.
Partner closely with Total Rewards, HR, and business leaders to deliver tailored compensation solutions that address client group needs and support broader organizational priorities.
Contribute to special projects and research initiatives focused on wellness programs, emerging Total Rewards trends, and the ongoing evolution of the employee value proposition.

Skills & Qualifications:

Bachelor's degree in Business Administration, Human Resources, Finance, Economics, or a related discipline preferred.
Certified Compensation Professional (CCP) designation or progress toward completion is considered an asset.
Minimum of 8 years of progressive Total Rewards experience, with deep expertise in compensation strategy, program design, incentive plan design, compensation administration, and compensation principles.
Advanced financial modeling skills, with demonstrated ability to evaluate cost implications, develop scenario analyses, interpret results, and translate findings into actionable business recommendations.
Strong analytical and problem-solving capabilities, with the ability to synthesize market, financial, and business data into clear, concise, and impactful insights.
Proven ability to navigate ambiguity, structure complex issues, and exercise sound judgment in developing recommendations where information may be incomplete, evolving, or subject to multiple considerations.
Exceptional organizational and project management skills, with the ability to effectively manage competing priorities and deliver high-quality work in a fast-paced environment.
Demonstrated ability to work independently while also fostering strong partnerships and collaboration across teams in a dynamic, inclusive, and results-oriented environment.
High degree of professionalism and discretion, with a strong commitment to maintaining the accuracy, security, and confidentiality of sensitive information.
Advanced proficiency in Microsoft Excel, PowerPoint, and other Microsoft Office applications, including experience building complex financial models, conducting scenario analyses, and developing impactful data visualizations and executive-level presentations.