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Total Rewards Manager


Milwaukee, WI



We are a private mortgage insurer with $286.8 billion primary insurance in force covering approximately one million mortgages (as of June 30, 2022). MGIC provides a critical component of our country’s residential mortgage finance system, protecting mortgage investors from credit losses. Mortgage insurance from MGIC also benefits consumers by making affordable low-down-payment mortgages a reality. Bottom line…We put people into homes sooner! #WeAreMGIC


As a Total Rewards Manager, you will be an integral role in the HR department.  You will manage an existing team of Compensation, Benefits, and Wellness in our evolving and on-going evaluation of our total rewards program, including programs are compliance with company polices and regulations and practices.  Additionally, you will work in collaborations with our senior leaders, human resources business partners, and partner with colleagues across HR to build the total rewards strategies that support our business objectives.

This position is based in Milwaukee, WI. Hybrid environment - 3 days in office, 2 days remote.

How will you make an impact? 

  • Provide strategic day-to-day leadership to the Total Rewards team, including coaching, motivating and providing opportunities for development.  Ensures staff is knowledgeable and cross-trained and ensures programs are following all federal, state, and local legal requirements.
  • Conduct and analyze internally and externally the effectiveness of existing executive and staff compensation plans, policies, practices, guidelines, procedures, and re-design, modify, or enhance to achieve compensation objectives that align with organizational strategies
  • Adept at using metrics and analytics to create insights and keep senior leaders informed on progress and decisions through simple and effective communications/presentations/people analytics.
  • Analyze business processes and issues. Identifies, establishes, and manages departmental policies, procedures, and standards to enhance efficiency and work quality.
  • Demonstrated experience in Executive Compensation including analysis in determining external market competitiveness, market practices, trends, incentive plan design and equity program.
  • Directs all aspects of compensation administration and incentive programs. Prepares analysis and recommendations for  senior leadership.
  • Provides support to the Vice President of Human Resources regarding administration of executive compensation and assists with materials for the Management Development Committee of the Board of Directors.
  • Direct all aspects of benefits administration and program development for insurance plans, retirement plans and corporate wellness programs. Prepares program strategy recommendations for senior management.
  • Build a strong relationship with vendors partners, and attorneys regarding benefits strategy, plan design changes, legal interpretations, funding, valuations, and communications.
  • Manage contract negotiation/renewals, oversight of vendors, and plan fiduciary responsibility regarding administrative and operational issues. Ensures compliance with all federal and state laws and regulations, particularly with ERISA, HIPAA, IRS and SOX requirements.
  • Works with HRIS to ensure updates regarding compensation related HR data in the system of record.


Do you have what it takes?


  • More than 10 years of Human Resources compensation and benefits experience, including supervisory management.

Required Skills:

  • Lead a team dealing with issues crossing functional areas
  • Project management experience involving the process from RFP through implementation
Required Knowledge:        
  • Human resources law and regulation
  • Executive Compensation administration and regulatory requirements
  • Compensation plan design, administration and regulatory requirements
  • Incentive plan design and total rewards strategies
  • Human Resource Information Systems operation
  • Benefit design, administration, contract negotiation, and regulatory requirements
  • Current spreadsheet applications


Milwaukee Area Compensation Association (MACA) is a professional organization of compensation and human resources specialists from the greater Milwaukee area. MACA provides members the opportunity to obtain and exchange information on plan design and industry trends on topics such as base pay, variable compensation, employee benefits and policy deployment.

MACA Headquarters | PO Box 833 | Germantown, WI 53022

Phone: 888-782-6815  |  Fax: 888-287-4116

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