Compensation Consultant | Great West

Canada Life; Toronto; On-site; CAD 63,000 - 113,000; Full time

Benefits offered by this job

Education reimbursement

Health & dental benefits

Mental health benefit

Volunteer day

Pension plan

Share ownership program

Employee recognition programs

ERGs & mentorship

Employee discounts

Job summary

Great-West Lifeco is seeking a Compensation Consultant to support governance and analysis of compensation programs across our organization. You will develop data-driven insights, maintain frameworks, and contribute to the annual compensation cycle.

You will administer executive and broad-based plans, conduct market benchmarking, partner with HR, and leverage automation and AI tools to drive accurate, timely insights and improve processes.

Qualifications

• Bachelor's degree in Human Resources, Business, or related field.
• Minimum 2 years of experience in compensation, data analysis, or related roles.
• Strong quantitative and analytical capabilities; translate data into insights.
• Advanced knowledge of MS Excel; proficiency with Word and PowerPoint.
• Excellent verbal and written communication skills.
• Integrity and professionalism with confidential information.

Responsibilities

• Administer and support governance of executive and broad-based compensation programs.
• Conduct market research and benchmarking analyses for compensation decisions.
• Partner with HR and stakeholders to provide data and recommendations.
• Support the annual compensation cycle: data validation, modelling, and communications.
• Maintain compensation data accuracy across systems and reporting tools.
• Develop compensation documents, policies, and presentations.
• Leverage automation and AI tools to enhance analysis and efficiency.
• Monitor regulatory and governance trends and contribute to initiatives.

Skills

Data analysis

Analytical ability

Excel advanced

Communication

Attention to detail

Integrity

Education

Bachelor's degree in Human Resources, Business, or related field

Tools

MS Excel

MS Word

PowerPoint

Job description

Permanent Full Time

As a Compensation Consultant, you will support the analysis, administration, and governance of compensation programs across Great-West Lifeco. You will develop data-driven insights to support compensation decisions, maintain compensation frameworks and processes, and contribute to the annual compensation cycle.

What you will do:

• Administer and support the governance of executive and broad-based compensation programs, including incentive plans
• Conduct market research and develop benchmarking analyses/reports to inform compensation decisions and stakeholder insights
• Partner with HR partners and internal stakeholders to provide data, analysis, and recommendations for compensation-related matters
• Support the annual compensation cycle, including data validation, modelling, system readiness, communications, and HR partner support
• Compile, validate and maintain compensation data, ensuring data accuracy and integrity across systems and reporting tools
• Support the development of compensation program documents, policies, and presentations
• Leverage automation and AI-enabled tools to enhance compensation analysis, reporting, and process efficiency
• Monitor emerging compensation, regulatory and governance trends and contribute to other initiatives as required as part of broader compensation and HR strategies

Who you are:

• Bachelor's degree in Human Resources, Business, or related field
• Minimum 2 years of experience in compensation, data analysis, or related roles
• Strong quantitative and analytical capabilities, with demonstrated experience interpreting data and translating findings into meaningful insights
• Advanced knowledge of MS Excel with proven ability to build analytical models; strong proficiency with Word and PowerPoint
• Excellent verbal and written communication skills
• Demonstrated ability to take initiative and consistently exhibit excellent attention to detail
• Demonstrated integrity and professionalism when dealing with confidential and sensitive information

The base salary for this position is between $62,700 - $112,600 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Grow with Great-West Lifeco

Great-West Lifeco Inc is a Canadian headquarter, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the United States, and Europe under the brands: Canada Life, Empower and Irish Life. At the end of 2024, our companies had over 32,250 employees, 106,000 advisor relationships, and thousands of distribution partners – serving approximately 40 million customer relationships.

Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies.

What we offer

• Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to$2,000 annually towards education reimbursement.
• Health & Wellness:Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being.
• Time Off:In addition to regular vacation and personal days, we support community involvement with a volunteer day.
• Financial Security:Company-matching pension plan,share ownership program and additionalinvestment options.
• Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!
• Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.

Learn more about Great-West Lifeco.

We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact [e-mail]. All information provided will be handled in accordance with applicable laws and Great-West Lifeco policies.