Pacific Life

Senior Compensation Analyst

Pacific Life

full-time

Posted on:

Location Type: Hybrid

Location: Newport Beach • California • New York • United States

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Salary

💰 $98,010 - $119,790 per year

Job Level

Senior

About the role

  • 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.
  • 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.

Requirements

  • 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.
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
data analysismarket pricingsalary survey managementcompensation reportingHRIS system enhancementsjob level mappingdata integritycompensation procedures documentationmarket data analysisprocess improvement
Soft Skills
collaborationcustomer serviceverbal communicationwritten communicationindependent judgementconfidentialitystakeholder communicationtraining developmentproblem-solvingattention to detail