Senior Compensation Analyst

Overview

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 through annual compensation administration, market pricing/salary survey administration, and various compensation analyses to support our pay-for-performance culture and data integrity.

• 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.

• Salary Survey Administration & Market Analysis

  • 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.

• Compensation Administration

  • 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.

• Market Pay, Better Comp, 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.

You can be who you are. We are committed to a culture of diversity and…