Global Head of Total Rewards and Analytics, Next Insurance
$203-274k
Eligible to participate in our equity incentive program
Office located in Waltham, MA
Online-based insurance broker for SMBs
Open for applications
Online-based insurance broker for SMBs
501-1000 employees
Open for applications
$203-274k
Eligible to participate in our equity incentive program
Office located in Waltham, MA
501-1000 employees
Company mission
To build a simplified digital insurance experience that better serves small businesses.
Role
Who you are
- Established history of developing and executing comprehensive total rewards strategies in publicly traded organizations
- Skilled in collaborating with Compensation Committees and engaging with Boards of Directors
- In-depth knowledge of reporting requirements for public companies
- Extensive background in the technology industry, with additional experience spanning various sectors
- Proven ability to manage compensation programs for a globally dispersed workforce
- Broad expertise across all aspects of total rewards, including executive compensation and employee benefits
- Successful track record in navigating high-growth business environments
- Advanced proficiency in data modeling and analysis
- Experienced in building out a strong analytics function and leveraging key insights to lead transformational change across Next
What the job involves
- Partner closely with Next’s leadership team and the VP of People to establish, articulate, and implement a comprehensive total rewards philosophy and strategy
- Ensure that all compensation and benefits initiatives are aligned with Next's overarching goals, fostering a high-performance culture that attracts, retains, and inspires top talent
- Oversee the development, execution, administration, and reporting of executive compensation, incentive plans, and equity programs
- Collaborate with the VP of People to manage matters related to the compensation committee and prepare supporting committee materials
- Work alongside the People Leadership team and other key stakeholders to ensure total rewards programs are tailored to meet the unique needs of individual business units
- Provide strategic leadership for global benefits offerings, including health and welfare plans, time-off policies, and leave of absence programs
- Drive effective communication strategies for compensation, benefits, and wellness programs to enhance employee awareness and understanding
- Utilize data and analytics to guide decision-making and evaluate the impact and effectiveness of total rewards initiatives
Our take
Next Insurance serves small businesses by making it much simpler to take out an insurance policy without the headache associated with many providers. To begin trading any business needs to have some sort of insurance policy in place, traditional offerings can take weeks, often requiring tedious paperwork.
Next Insurance has opted to use AI, machine learning and transparent language to make the process much simpler, it can take just five to ten minutes for customers to obtain a package that suits them.
While Next Insurance is facing established insurance companies such as Hiscox and State Farm, its partnership with Amazon Business Prime to insure its members in a move to target traditionally underserved insurance customers and more recently with LegalZoom, to simplify the insurance process, as well as its nearly half a million customers has the company well set to remain major player in the space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-7% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Nov 2023
$265m
SERIES G
Mar 2021
$250m
SERIES E
Total funding: $1.1bn
Company benefits
- Medical insurance
- Vision insurance
- Dental insurance
- 401(k)
- Paid maternity leave
- Paid paternity leave
Company HQ
Palo Alto, CA
Articles
Leadership
Alon Huri
(Co-founder)They spent 4 years as a System Architect before Software roles at Mercury, HP, and Check. They co-founded Next Insurance in March 2016 with Guy and Nissim.
Guy Goldstein
(CEO & Co-founder)After 7 years in the Israeli Air Force, they worked at Mercury Interactive for almost 8 years, as well as roles at HP and Check, which they co-founded in 2007. Left this role at Intuit in July 2015 to co-found Next Insurance 6 months later.
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