Senior Compensation Consultant | Great West

Canada Life; Toronto; On-site; CAD 76,000 - 126,000; Full time

Benefits offered by this job

Career development

Health & Wellness

Time off

Pension plan

Share ownership program

Employee recognition

Job summary

Great-West Lifeco in Canada is seeking a Senior Compensation Consultant to lead the analysis, design, delivery, and governance of compensation programs across the enterprise. You will provide strategic advice, conduct market benchmarking, and develop recommendations that support business objectives and robust governance.

You will partner with HR and senior leaders, manage executive compensation governance for the HR Committee and disclosures, and drive the annual compensation cycle with

Qualifications

• Bachelor's degree in HR, Business, or related field.
• Minimum 5 years of progressive experience in compensation or related roles.
• Strong analytical capabilities to translate data into actionable insights.
• Strong relationship management and collaboration with stakeholders.
• Excellent communication and presentation skills for senior audiences.
• Advanced Excel modelling, scenario analysis, reporting and data interpretation.
• Attention to detail and integrity when handling confidential information.

Responsibilities

• Lead the delivery and governance of executive and broad-based compensation programs, including incentive plans
• Act as a trusted advisor to HR partners and business leaders, providing compensation expertise and recommendations on a broad range of compensation matters
• Conduct compensation analyses, market benchmarking, and cost modeling to develop recommendations that ensure programs support market competitiveness, internal equity, and business objectives
• Support executive compensation governance activities, including developing analyses, recommendations, and materials for the Human Resources Committee and public disclosures, such as the management proxy circular
• Lead the execution of key components of the annual compensation cycle, including compensation modelling, data validation, communications, and advisory support to HR partners
• Develop presentations, communications, policies and other materials to support compensation program design, implementation, and governance
• Drive continuous improvement of compensation processes through automation, technology, and AI-enabled tools
• Lead or contribute to other initiatives as required in support of broader compensation and HR strategies

Skills

Analytical skills

Stakeholder management

Communication skills

Excel modelling

Presentation skills

Attention to detail

Integrity and professionalism

Education

Bachelor's degree in HR or related field

Tools

Excel

PowerPoint

Word

Job description

Permanent Full Time

As a Senior Compensation Consultant, you will play a key role in the analysis, design, delivery, and governance of compensation programs across Great-West Lifeco. Leveraging data and market intelligence, you will provide strategic advice, conduct compensation analyses, and develop recommendations that support business objectives and sound governance.

What you will do:

• Lead the delivery and governance of executive and broad-based compensation programs, including incentive plans
• Act as a trusted advisor to HR partners and business leaders, providing compensation expertise and recommendations on a broad range of compensation matters
• Conduct compensation analyses, market benchmarking, and cost modeling to develop recommendations that ensure programs support market competitiveness, internal equity, and business objectives
• Support executive compensation governance activities, including developing analyses, recommendations, and materials for the Human Resources Committee and public disclosures, such as the management proxy circular
• Lead the execution of key components of the annual compensation cycle, including compensation modelling, data validation, communications, and advisory support to HR partners
• Develop presentations, communications, policies and other materials to support compensation program design, implementation, and governance
• Drive continuous improvement of compensation processes through automation, technology, and AI-enabled tools
• Lead or contribute to other initiatives as required in support of broader compensation and HR strategies

What you will bring:

• Bachelor's degree in Human Resources, Business, or related field
• Minimum 5 years of progressive experience in compensation or related roles
• Strong analytical capabilities with the ability to translate complex data into actionable business insights and recommendations
• Strong relationship management and collaboration skills, with the ability to build credibility and influence stakeholder decisions
• Strong communication and presentation skills, including the ability to prepare and present information for senior audiences
• Advanced Excel skills with experience in modelling, scenario analysis, reporting and data interpretation; strong proficiency with Word and PowerPoint
• 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 $75,600 - $125,600 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

We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member:

• 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.