Sr Compensation Consultant

Posted 8 Days Ago
Be an Early Applicant
Newport Beach, CA
160K-195K Annually
Senior level
Financial Services
The Role
As a Senior Compensation Consultant, you will be the primary resource for compensation needs, educate stakeholders on the Total Rewards philosophy, assist in compensation program administration, and ensure compliance with regulations while analyzing market trends.
Summary Generated by Built In

Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.
We’re actively seeking a talented Senior Compensation Consultant to join our Total Rewards team in Newport Beach, CA (preferred) or Omaha NE. This role is hybrid. We believe in empowering our employees to get work done both in and out of the office.
As a Senior Compensation Consultant you’ll move Pacific Life, and your career, forward by helping us redefine how we deliver compensation on a global scale. Bring your diverse experiences, perspectives, and solutions to the team as we support a growing organization across a global landscape.

How you’ll help move us forward:

  • Serve as the primary point of contact with assigned business lines to support all compensation needs, partnering with other experts across the enterprise as needed to deliver exceptional customer service.

  • Educate leaders, managers, and employees on the company’s Total Rewards philosophy and key annual processes/timelines related to compensation, working in collaboration with the HR Business Partners, Talent Acquisition, and other Compensation team members.

  • Assist in the administration and delivery of annual compensation programs for merit, promotions, and bonus.

  • Leverage understanding of the assigned business lines and the associated talent pools to make informed recommendations on compensation decisions.

  • Lead review and structuring of candidate offers, job evaluations, and job leveling.

  • Support the annual compensation benchmarking process, working closely with the Compensation Programs team.

  • Develop and present Market studies and compensation analyses to stakeholders and broader team to drive informative insights.

  • Ensure compliance with regulatory and other related legal requirements. Support annual regulatory reporting and pay equity analysis.

  • Continuously assess the firm’s programs relative to the market conditions and provide recommendations on positioning considering industry trends.


The experience you bring:

  • Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field; advanced degree or professional certification, (e.g. CCP) preferred.

  • Minimum of 7 years of progressive experience in compensation, preferably within the financial services industry.

  • Strong knowledge of compensation principles, practices, and regulations.

  • Proven experience in supporting compensation programs in a complex, fast-paced environment.

  • Excellent analytical, problem-solving, and decision-making skills.

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

  • High level of integrity and confidentiality.

You can be who you are.

People come first here. We’re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

#LI-AJ1

#LI-hybrid

Base Pay Range:

The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$159,660.00 - $195,140.00

Your Benefits Start Day 1  
 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

  • Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents

  • Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off

  • Paid Parental Leave as well as an Adoption Assistance Program

  • Competitive 401k savings plan with company match and an additional contribution regardless of participation

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

The Company
HQ: Newport Beach, CA
3,447 Employees
On-site Workplace
Year Founded: 1868

What We Do

For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2022 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2022 is compiled by Pacific Life using the 2022 FORTUNE 500® list.

Learn more about Pacific Life:
www.instagram.com/pacificlife
www.twitter.com/pacificlife
www.facebook.com/PacificLife
www.youtube.com/user/PacificLifeInsurance

Please review our social media guidelines: paclife.co/social

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