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Principal Compensation Analyst | Hybrid

Job Level:  Professional

Minneapolis, MN, US, 55416-1297

Due Date:  N/A
Area of Expertise:  Human Resources
Unit:  Allianz US Life
Job Type:  Full-Time
Remote Job:  Not applicable
Employment Type:  Permanent
ID:  2474

At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.


What you do:

This position is responsible for leading the design, development, implementation and administration of the company's compensation programs. In collaboration with HR Business Partners, this position will apply compensation best practices and subject matter expertise to ensure that compensation programs support business objectives, are competitive with market practices and are applied consistently and efficiently across the organization.


This is an individual contributor position reporting to the Assistant Vice President, Compensation and Benefits based in Minneapolis.


  • Administer compensation plans through close partnership with the broader Compensation team, HR Business Partners, and business
  • Implement and monitor compensation programs to ensure they meet business needs, and maximize people, performance and organizational capability
  • Provide subject matter expertise and handle day-to-day requests regarding internal and external equity, job evaluations, position comparisons and other compensation related inquiries
  • Coordinate and manage the wage and salary survey process to ensure consistent use of survey data across the organization
  • Manage and participate in HR related projects and initiatives, as assigned


What you bring:

Work Experience:

  • Minimum of 6 years of compensation experience required demonstrating sound knowledge of rewards and performance related topics
  • Demonstrated experience leading complex projects
  • Experience working with all levels of management
  • Financial services experience preferred



  • Bachelor’s degree in Finance, Human Resources, Business or other related field (Masters preferred).
  • Completion of or significant work toward compensation certification (CCP, etc.) strongly preferred.



  • Self-motivated, team player that is able to adapt to changing priorities to deliver results
  • Ability to establish strong relationships with key stakeholders and business partners
  • Demonstrated understanding of compensation theory, techniques, practices and regulation
  • Excellent analytical and problem solving skills
  • Exceptional accuracy and attention to detail, even under deadline pressure
  • Ability to collaborate and influence at all levels of the organization
  • Proven ability to exercise good judgment and handle confidential information
  • Strong written and verbal communication skills
  • Demonstrated project management and Microsoft Office skills


What we offer:

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer a choice of comprehensive medical and dental plan options, a generous time off plan and an outstanding 401(k) company match. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer.


Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.


Join us.  Let’s care for tomorrow.