What are the responsibilities and job description for the Senior Compensation Analyst position at Pacific Life?
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 Analyst to join our Compensation team in Newport Beach, CA; Omaha NE or Charlotte, NC.
As a Senior Compensation Analyst, you’ll move Pacific Life, and your career, forward annual compensation administration, market pricing/salary survey administration, and various compensation analyses to support our pay-for-performance culture and data integrity.
Key Responsibilities
Annual Merit & Bonus Plan Administration
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife
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.
$98,010.00 - $119,790.00
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.
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife
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.
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 Analyst to join our Compensation team in Newport Beach, CA; Omaha NE or Charlotte, NC.
As a Senior Compensation Analyst, you’ll move Pacific Life, and your career, forward annual compensation administration, market pricing/salary survey administration, and various compensation analyses to support our pay-for-performance culture and data integrity.
Key Responsibilities
Annual Merit & Bonus Plan Administration
- Lead the design of Workday system enhancements and partner with HRIS team to communicate configuration needs, conduct testing, and troubleshoot issues.
- Create and manage project plan to ensure successful process
- Partner to develop communications and training for internal HR partners, people leaders and employees.
- Support Compensation team with data analysis to foster our pay for performance culture.
- Manage salary survey process, including participating and tracking submission deadlines and associated costs, processing payments, analyzing survey results to identify gaps and opportunities.
- Manage market pricing system to include survey data maintenance, survey participation, aging & job level mapping methodology, and data integrity/maintenance.
- Evaluate market data/trends and conduct analyses to determine the competitiveness of Pacific Life’s compensation programs
- Ensure compliance with federal, state, and local laws and regulations regarding compensation.
- Support the implementation phase of market studies (creating communication materials and processing employee changes).
- Perform routine reviews of employee and job compensation data to maintain data integrity, implement changes and communicate to stakeholders.
- Generate ad hoc compensation reports and analyses.
- Identify and recommend enhancements to compensation tools and systems to improve efficiency and data accuracy.
- Document compensation procedures.
- BS/BA in Business. Specialization in Human Resource Management, Finance, or related experience is preferred.
- Five (5) years of cumulative experience specializing in Compensation.
- Ability to collaborate with multiple stakeholders within the organization.
- Strong knowledge of HR practices and labor legislation.
- Deep understanding of how system components interact within HR applications and the ability to foresee the downstream effects of changes.
- Exceptional customer service and verbal/written communication.
- Comfort making compensation adjustment recommendations based on market data analysis.
- Ability to work with large datasets to extract meaningful insights.
- Ability to self-direct and exercise sound independent judgement within established guidelines.
- Ability to maintain confidentiality and handle compensation-related issues with discretion.
- Ability to clearly and concisely document compensation processes and procedures.
- Demonstrated compensation experience within a multi-faceted insurance and/or financial services company.
- Workday or other HCM platform experience.
- MarketPay, BetterComp, or Pay Factors platform experience.
- Strength in developing executive presentation materials and storytelling as part of communication and stakeholder management.
- Professional certifications (PHR, CCP).
- Demonstrated practice of leveraging various tools and resources to stay up to date on industry trends, changes in regulations, and emerging best practices in compensation.
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife
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.
$98,010.00 - $119,790.00
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
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife
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.
Salary : $98,010 - $119,790