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Senior Compensation and Benefits Manager

Who we are:

Nirvana is on a mission to harness the power of data to revolutionize commercial insurance and enable a safer world. We are bringing much-needed innovation into the legacy, trillion-dollar commercial insurance industry. We have developed cutting-edge predictive models that use real-time IoT data from billions of connected devices, allowing us to better understand and price risk. Our AI-driven platform fundamentally changes the way an insurance company operates with personalized risk scoring, faster underwriting, modernized claims, and proactive, data-driven insights to help customers prevent accidents.

We’ve already proven the scale—reaching well over $100 million in premiums and more than doubling year over year. Our data moat is growing exponentially with more than 20 billion miles of telematics data, leading to more predictive models and new insights into how we can better understand and reduce risk. Altogether, our loss ratio, efficiency, and customer experience are redefining what can be done in the industry.

With $170+ million raised, including an industry-leading Series C round in January 2025, we’re only accelerating our growth, with strong support from top-tier VCs including Lightspeed, General Catalyst, and Valor. Nirvana’s leadership team has previously helped scale multi-billion-dollar companies from scratch, including Samsara, Rubrik, and Flexport, and includes industry veterans from Hiscox, The Hartford, and RLI.

About the role

We are seeking an experienced and strategic Senior Compensation & Benefits Manager to lead key initiatives across our global compensation strategy and benefits programs. This role will play a crucial part in shaping and executing our total rewards strategy to attract and retain top talent, align with the company’s objectives, and ensure fair pay practices globally - ultimately driving our business forward. The right person will be willing to roll up their sleeves and proactively handle all tasks, both big and small! The Senior Compensation & Benefits Manager will report directly to the Head of People.

What you’ll do:

  • Design, implement, and manage competitive global compensation and benefits programs to attract and retain top talent, while ensuring alignment with company objectives and market trends.

  • Partner with our Head of People, providing insights and recommendations to improve total rewards strategies and support the semi-annual review process; including merit increases, market adjustments, promotion adjustments, equity awards and other incentives.

  • Partner with our GTM Leadership team to design and administer variable compensation plans that drive growth for the business and incentivize employees.

  • Conduct regular global benchmarking and market analysis to maintain competitiveness in the market (across US, India and Chile).

  • Utilize data analytics to assess the effectiveness of compensation programs and identify areas for improvement. Prepare regular reports for the Head of People on key metrics, trends, and insights.

  • Identify and operationalize processes in order to drive continued improvement in employee experience and internal efficiency.

  • Create and deliver communication strategies, both written and verbally, to employees about our total rewards offerings and programs, ensuring transparency and clear understanding.

  • Evaluate and partner with external vendors to optimize and improve benefit offerings, ensuring compliance with legal and regulatory requirements.

  • Oversee HRIS and maintain updates in our People systems; ensuring data integrity and reporting accuracy.

About you:

  • 6+ years of experience in total rewards, benefits and strategic compensation; preferably in a software or tech environment.

  • Strong knowledge of global compensation and benefits principles, regulations, benchmarks and general market trends is important for designing competitive and innovative rewards programs.

  • The ability to think strategically, analyze complex problems and data sets and present actionable insights to the Head of People and Leadership is essential to be successful in this role. In other words, you’re an Excel wizard.

  • Expertise in HRIS and People systems (e.g. Justworks, Deel, Lattice) and process optimization.

  • Excellent project management skills with a track record of implementing scalable solutions.

  • Strong interpersonal and communication skills, with the ability to build relationships across all levels of the organization.

  • Recognizes confidential, sensitive, and proprietary information and maintains confidentiality.

  • Owner mentality - take accountability for your actions & results

  • Successfully able to work in high-growth & ambiguous start-up environments

Benefits:

  • Competitive salary & equity

  • Medical, dental & vision insurance

  • 401k with company match

  • Unlimited PTO

  • Work from home friendly

  • #LI-Remote

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CEO of Nirvana Insurance
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Rushil Goel
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Average salary estimate

$125000 / YEARLY (est.)
min
max
$100000K
$150000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

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Nirvana is on a mission to modernize commercial insurance and enable a safer world.

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DATE POSTED
April 10, 2025

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