Senior Compensation Consultant

Sun Life

Senior Compensation Consultant providing advanced analytical expertise and solutions for Total Rewards at Sun Life. Managing projects to enhance compensation programs with a focus on compliance and industry trends.

Posted 6/19/2026full-timeWaterloo • 🇨🇦 CanadaSenior💰 CA$80,000 - CA$128,000 per yearWebsite

About the role

Key responsibilities & impact

Develop partnerships with HR Business Partners and provide ongoing comprehensive support and advice for compensation programs and client group initiatives
Analyze market competitiveness of compensation and incentive programs and conduct complex research to inform program enhancements and decision-making
Manage medium to large compensation-related projects, developing and implementing effective solutions
Lead the review, design, and governance of sales incentive plans for assigned client groups in partnership with stakeholders
Provide guidance on complex compensation issues, considering business needs, best practices, and organizational values while ensuring compliance with relevant regulations
Lead compensation support for assigned groups during annual performance/compensation cycle and market reviews, partnering closely with HR Business Partners to provide meaningful and business aligned outcomes
Proactively identify opportunities for improvement in compensation practices and contribute to skills development within the HR community
Conduct job evaluations at multiple levels and degrees of complexity
Develop clear and compelling materials to support compensation initiatives, as needed, demonstrating the ability to communicate effectively across varying levels and audiences
Maintain a thorough understanding of compensation design, practices, and industry trends

Requirements

What you’ll need

Bachelor's degree in Business, Economics, Human Resources, or related field
6-8 years of compensation-related experience
Strong knowledge of compensation practices, theory, and program design, including plan modeling and implementation
Experience in sales incentive design
Advanced Microsoft Excel skills with ability to manipulate large data sets and perform complex financial modeling
Exceptional analytical and problem-solving skills, with high attention to detail and accuracy
Excellent project management, planning, and organizational abilities to handle complex multi-task assignments
Strong relationship management and consulting skills, with the ability to communicate effectively in both written and verbal forms with stakeholders at multiple levels
Deep experience in market data analysis, quantitative analysis, and survey techniques
Bias for continuous improvement and leveraging technology and data to improve outcomes
Demonstrated initiative and capability to resolve complex situations
Demonstrated curiosity and bias for learning, with an openness to exploring new approaches and challenge conventional thinking
Ability to synthesize data and tell a clear, meaningful story tailored to different audiences
Progress toward or completion of CCP or CHRP designation preferred

Benefits

Comp & perks

Flexible Benefits from the day you join to meet the needs of you and your family
We’re committed to creating an inclusive and respectful environment. Our goal is to make sure all our employees have the chance to live up to their full potential
We’re honoured to be recognized as a 2025 Best Workplaces in Ontario by Great Place to Work® Canada
We are thrilled to be recognized by Excellence Canada with their top-level certification, the Canada Order of Excellence for Mental Health at Work®, for prioritizing employee well-being, fostering a positive work culture, and achieving excellence in mental health

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

compensation practicesprogram designplan modelingfinancial modelingmarket data analysisquantitative analysisjob evaluationsdata synthesisproject managementsales incentive design

Soft Skills

analytical skillsproblem-solving skillsattention to detailorganizational abilitiesrelationship managementconsulting skillscommunication skillsinitiativecuriositycontinuous improvement

Certifications

CCPCHRP