Senior Compensation & Stock Analyst, Clover Health
$128-150k
+ Equity opportunities and performance-based bonus program
Medicare provider
Be an early applicant
Medicare provider
501-1000 employees
Be an early applicant
$128-150k
+ Equity opportunities and performance-based bonus program
501-1000 employees
Company mission
To improve the quality of life of our members and physicians by reducing doctor-insurer friction and increasing visibility into the health of each patient, leading to improved care.
Role
Who you are
- You have 5+ years of relevant compensation experience (equity experience preferred)
- You have experience with stock administration and HRIS platforms (ie., E*Trade, ADP Workforce Now)
- You have proven experience with quantitative and qualitative research methods
- You have strong experience with equity administration (options, restricted shares, performance shares, etc) and its regulatory compliance requirements
- You have advanced level experience in Excel
- You are proficient in Google Suite (preferred)
What the job involves
- We are seeking a Senior Compensation & Stock Analyst focusing on administering our compensation and equity plans and partnering with HR and business leaders to help ensure Clover ongoing competitiveness of our total rewards within the market
- This role reports to our Sr Director of Total Rewards and will help effectively design, execute and educate on a variety of rewards programs to ensure employees are informed, valued and motivated
- Administer compensation structure and job architecture, providing expert guidance, execution, and education
- Partner with HRBPs, recruiters, and managers to develop and implement targeted compensation solutions
- Lead planning and execution of the annual compensation cycle using the Pave compensation tool
- Lead calculation and processing of annual bonus payments
- Provide analysis and support for merit and bonus budgeting
- Support annual and off-cycle equity grant processes
- Provide compensation guidance for promotions, retentions, and ad-hoc adjustments
- Conduct benchmarking and research, including salary survey participation, market pricing, and compensation software implementation
- Assist the Sr. Director of Total Rewards with U.S. and international equity plan administration (options, RSUs, PSUs)
- Serve as primary liaison with external providers and internal partners (transfer agents, brokers, SOX auditors, Legal, Payroll, Finance, Tax), delivering high-quality service on compensation and equity inquiries
- Prepare E*Trade reports and perform reconciliations to ensure accurate equity data and proper payroll taxation
- Administer ESPP enrollment events, maintain documentation, manage audits and reporting, and resolve data and employee issues
- Identify opportunities to use AI to improve efficiency across compensation processes
- Support development and maintenance of compensation policies, processes, education, and compliance
- Prepare and reconcile monthly, quarterly, and annual reports
- Participate in or lead other projects as needed and opportunities arise
- Success in this role looks like:
- High-Quality Equity Administration and Data Integrity: Ensures all equity transactions (RSU/PSU/options, ESPP, releases) are executed with 100% regulatory, tax, and reporting compliance, while maintaining full audit readiness through accurate, variance-free reconciliations between E*Trade, payroll, and internal systems
- Effective Compensation Consultation and Market Competitiveness: Builds manager and HRBP confidence through timely (3–5 day SLA) and well-informed compensation guidance—including market pricing and job architecture support
- Resulting in significantly improved decision-making satisfaction scores (15–20%+ increase) and consistently competitive total rewards outcomes
- Strong Cross-Functional and Stakeholder Partnership: Serves as a trusted partner to Legal, Payroll, Finance, and external equity vendors to ensure smooth audits and high stakeholder satisfaction, while resolving employee compensation and equity inquiries with high accuracy and sub-48-hour response times to build clarity and trust in total rewards programs
- Accurate, Timely, and Compliant Execution of Compensation Cycles: Delivers all annual compensation processes (merit, bonus, equity refresh) on schedule with 99%+ data accuracy, minimal rework, and excellent partner feedback, including error-free bonus calculations and audit-ready documentation
Our take
Clover Health is a medical insurance company operating as a Preferred Provider Orgaization for Medicare Advantage, the Medicare plan for elderly American citizens. It aims to reduce the doctor-insurer friction to increase visibility into the health of patients.
Through its approach, Clover's physicians are able to focus on people, rather than paperwork. It has a patient-centered analytics and dedicated care management team, and thus is able to rapidly identify potential healthcare risks to provide preventative care. This helps to provide a more sophisticated level of care than existing providers, even if its market share is relatively slim compared to competitors like UnitedHealthcare and Humana.
Over the years it has performed well in a rapidly growing market, but in 2021 ran into issues with profitability in the market due to inefficient costings, an issue it is steadily nipping in the bud in 2023. However, the number of elderly Americans has doubled over the past 25 years, and the market is expected to do the same between now and 2025. This upward trend brings hope of revitalising the growth and strong financial performance Clover has seen in recent years, especially as it focuses more on profitability through 2023.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-4% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Jan 2019
$500m
SERIES E
May 2017
$130m
SERIES D
Total funding: $925m
Company benefits
- Paid parental leave and a life insurance policy
- Commuter benefit program
- 2 paid volunteer days for an organization of your choice
- 401(k) contributions
- Home office reimbursement for full-time employees
- 18 paid vacation days, 9 paid sick days, 10 company holidays, and a floating holiday
- Medical, dental, and vision plans; healthcare and dependent care FSA as well as a health and wellness benefit
Company HQ
Downtown, Nashville, TN
Leadership
Vivek Garipalli
(CEO & Board Member)They started out in Healthcare Investment Banking with Credit Suisse before joining the Blackstone Group. They also worked in Private Equity at J.P. Morgan, and co-founded Ensemble Health Partners and CarePoint Health System.
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