AVP, Compensation
Pacific Life
full-time
Posted on:
Location Type: Office
Location: Newport Beach • California • New York • United States
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Salary
💰 $216,000 - $264,000 per year
Job Level
About the role
- Act as the principal compensation advisor to senior leaders and HR Business Partners for all divisions, aligning pay programs to strategy, financial outcomes, and talent priorities
- Influence and guide decision‑making through data‑driven insights, external benchmarks, and scenario modeling
- Oversee the design and administration of sales incentive plans that reinforce business performance metrics, risk balance, and pay‑for‑performance
- Collaborate with senior leadership, HR business partners, and other stakeholders to understand business needs and provide strategic compensation solutions that attract, motivate, and retain top talent
- Lead division‑level execution of the annual compensation review (merit, promotions, adjustments, and variable pay), ensuring accuracy, equity, and compliance
- Monitor plan effectiveness and recommend changes based on performance distribution, competitiveness, and employee experience
- Conduct and synthesize market benchmarking and job evaluations; ensure roles are leveled and mapped consistently to the global job architecture and salary structures
- Monitor internal equity and lead remediation plans; ensure practices meet evolving regulatory and disclosure requirements
- Lead and develop a high‑performing team of compensation professionals supporting the divisions and sales organizations; foster a culture of accountability, inclusion, and continuous improvement.
Requirements
- Bachelor’s degree in HR, Business, Finance, Economics, or related field; advanced degree and/or CCP preferred
- 10+ years of progressive compensation experience with substantial business partnership responsibilities, with at least 5 years in a leadership role
- Expertise in market pricing, incentive plan design, job evaluation/architecture, and annual compensation cycles
- Proven success advising senior leaders in a matrixed, global environment—ideally within financial services or insurance
- Proven experience working in a global, matrixed organization, ideally within the financial services or insurance industry
- Advanced analytical fluency (Excel/Sheets; data visualization), with experience in Workday or similar HCM; familiarity with major survey providers
- Exceptional communication, consulting, stakeholder management, and change leadership skills; high integrity and discretion
- High integrity, discretion, and commitment to confidentiality.
Benefits
- Your Benefits Start Day 1
- 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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
compensation strategydata analysismarket pricingincentive plan designjob evaluationannual compensation cyclesscenario modelingpay-for-performanceperformance distributionregulatory compliance
Soft Skills
communicationconsultingstakeholder managementchange leadershipaccountabilityinclusioncontinuous improvementinfluenceguidanceteam development
Certifications
Bachelor's degreeadvanced degreeCCP (Certified Compensation Professional)