Pacific Life is seeking a Senior Compensation Analyst to support the design and administration of its compensation programs. This business-facing role will collaborate with other Human Resources team members in working with business leaders to develop innovative compensation solutions that align with business needs and goals.
Conducts market pricing (job evaluation) analyses for jobs throughout the company.
Works closely with HR Business Partners and leaders to assess organization needs and to advise them regarding application of compensation policies and practices to promote employee attraction and retention.
Conducts research and prepares in-depth analyses of compensation program competitiveness and effectiveness using data from HRIS system and market sources and makes recommendations to enhance programs and plan designs.
Completes established compensation surveys and develops criteria for special pay and incentive design studies.
Participates in coordination and review of annual salary review and incentive recommendation programs.
Prepares compensation program communication materials and incentive plan documentation.
Five or more years of compensation experience including market data analysis and job evaluation and salary administration. Incentive compensation plan design and/or administration experience is a plus. Experience in an insurance company, investment management, and/or financial services environment and experience in sales incentive plan design are strongly preferred.
Strong interpersonal skills and ability to partner with other HR professionals and business leaders to facilitate and influence decision making. Demonstrated ability to conduct formal presentations of findings and recommendations. Strong written communications skills to develop incentive plan documentation and formal recommendations.
Requires excellent analytical skills and strong proficiency in use of Excel and HRIS applications to extract data and design and prepare meaningful analyses, pro forma models, plan calculations, and presentations of compensation programs and alternatives.
Demonstrated ability to work independently and within a team, conduct research, formulate conclusions, and present conclusions regarding business issues.
Proficiency in the use of word processing and presentation software (e.g., Word, PowerPoint, etc.) is required to prepare program documents and develop presentations for management and plan participants.
Certified Compensation Professional and 4-year degree with emphasis on business administration, human resources, finance, etc., is preferred.
WHERE YOUR POTENTIAL MEETS OUR PURPOSE:
At Pacific Life, you are given the opportunities and challenges to embrace your potential and achieve your personal best, every day. What you find here is something special – it’s purposeful work done with a shared set of values that brings us all together.
Pacific Life offers life insurance, annuities, and mutual funds, along with a var...iety of investment products and services, all of which provide The Power to Help You Succeed. Headquartered in Newport Beach, CA, Pacific Life is a Fortune 500 company with approximately 2800 employees. We pride ourselves in providing a work environment that is challenging, inclusive, collaborative and results-oriented. We firmly believe each employee plays a part in our continued growth and success.