Administrative, Benefits, Compensation-Executive, Total Rewards
CCP, CBP, CEBS, Other
Finance, Economics, Banking, Insurance
Horace Mann is seeking candidates for the newly designed role of Vice President Benefits and Executive Compensation with both significant HR and Finance responsibility.
The Vice President Benefits and Executive Compensation serves as an expert advisor for the Executive Leadership Team and Compensation Committee of the Board on all issues related to benefits and compensation/executive compensation. Works closely with Chief Financial Officer, Chief Human Resources Officer, General Counsel and Executive Leadership Team on these programs. Maintains strong working knowledge of executive compensation programs, stock equity programs, and current market practices, including trends affecting local regulations, requirements and reporting.
Location: Home Office – Springfield IL; full relocation offered
Reporting Reports directly to the CFO with shared accountabilities to the CHRO
Responsibility for the evaluation, design, modeling, implementation, administration, communication, and compliance for all employee benefit and retirement programs.
Responsibility for Compensation Committee of the Board of Directors – ensuring the seamless coordination and acting as the content / technical expert for all matters related to the committees work and charter; working with external compensation consultant, benefit and equity accounting, tax, corporate secretary, and the Compensation Team
Coordination of appropriate committee meeting materials, preparation of the agenda, and working with the CFO, CHRO and General Counsel
Contributes to administration and governance of Horace Mann’s executive compensation/equity programs and works closely with HR Compensation and Law to align programs with our culture and attraction/retention strategies
Accountability for all equity program activities and Health and Welfare Programs and design working with the respective teams in HR Finance and Human Resources
Ensuring alignment of Total Rewards
Establish and manage benefit and equity administration vendor relationships to maximize offerings while controlling company expenses.
Manage annual open enrollment as well as new hire enrollment, including set-up, employee communications, and required transactions.
Establish contracts with third-party vendors and ensure compliance with plan provisions, resolve service issues, and manage performance.
Establish and maintain relationships directly with service providers in order to identify and implement creative solutions.
Works with Law to ensure compliance with regulatory requirements, including, but not limited to, ERISA, COBRA, ACA and SEC reporting.
Stays up to date on regulatory changes to ensure proper administration and compliance with all benefits and executive compensation specific accounting practices.
Accountable for all legally-required reporting (5500s, SPDs, SARs, etc.).
Accountable for all benefit and retirement plan audits.
Ensure fulfillment and compliance with related company accounting policies and standards.
15+ years professional experience designing, implementing, and/or overseeing compensation and benefits programs for a publicly traded financial services organization
5+ years of executive compensation management responsibility, including working with and presenting to senior management and the Board of Directors
Proven experience implementing and maintaining successful enterprise level compensation strategies and programs at a national level
Ability to work collaboratively across cultures and organizations; strategically focused on continuous improvement and comfortable with working in a matrix, shared service environment
Action oriented and adept at working at the speed of business in a fast paced, growth-oriented organization
Undergraduate degree (or the equivalent in experience) with advanced degree preferred
Public company experience within Insurance, Banking or other highly regulated financial services company
Strong leadership skills including motivating and leading teams through change, implementing strategy and large initiatives, and getting teams to work together
Ability to ‘roll up sleeves,’ as this is a growing, dynamic company, where leaders are working leaders
Horace Mann was founded in 1945 by two Springfield, Illinois, teachers who saw a need for quality, affordable auto insurance for teachers. Since then, we've broadened our mission to helping all educators protect what they have today and prepare for a successful tomorrow. And with our broadened mission has come corporate growth: We serve more than 4,100 school districts nationwide, we're publicly t...raded on the New York Stock Exchange (symbol: HMN), and we have over $10 billion in assets.
We're motivated by the fact that educators take care of our children's future, and we believe they deserve someone to look after theirs. We help educators identify their financial goals and develop plans to achieve them. This includes insurance to protect what they have today and financial products to help them prepare for their future. Our tailored offerings include special rates and benefits for educators.
Founded by Educators for Educators®, we're proud to serve all school employees!