Senior Executive Compensation Consultant, Human Resources

Canada Life; Winnipeg; On-site; CAD 63,000 - 118,000; Full time

Job summary

A leading financial services company is seeking a Senior Executive Compensation Consultant in Winnipeg. This role involves developing and delivering compensation arrangements for executives and managing total rewards programs. Applicants should possess a relevant university degree and 3-5 years of experience in compensation. Advanced Excel skills and the ability to analyze complex information are essential. The salary ranges from $63,500 to $117,400 annually.

Qualifications

• 3-5 years of progressive related experience, preferably in compensation.
• A CCP or CHRL designation or comparable certifications preferred.
• Ability to analyze complex information and develop reports.
• Results-oriented with strong organization and time management skills.

Responsibilities

• Develop and deliver compensation arrangements for executives.
• Contribute to executive total rewards programs.
• Manage base salary and incentive compensation review cycles.
• Develop compensation recommendations for individual executive arrangements.
• Prepare executive compensation exhibits for senior management.

Skills

Analytical skills

Advanced Excel skills

Collaborative work

Bilingualism in French and English

Education

University degree in Human Resources, Business, or related field

Tools

Microsoft Excel

PowerPoint

Word

Job description

Overview

Join to apply for the Senior Executive Compensation Consultant, Human Resources role at Canada Life

The Senior Consultant, Executive Compensation is responsible for developing and delivering compensation arrangements and solutions for executives across several of the company’s major business segments and functional groups, and for supporting the development and implementation of executive compensation policies, programs and practices. This position plays a significant role in arriving at strategic compensation decisions that respond to business and talent needs by providing comprehensive advice and expertise at all stages of the employee lifecycle, informed by research and analysis, modelling, and collaboration with internal stakeholders.

Position Overview

The Senior Consultant, Executive Compensation is responsible for developing and delivering compensation arrangements and solutions for executives across several of the company’s major business segments and functional groups, and for supporting the development and implementation of executive compensation policies, programs and practices. This position plays a significant role in arriving at strategic compensation decisions that respond to business and talent needs by providing comprehensive advice and expertise at all stages of the employee lifecycle, informed by research and analysis, modelling, and collaboration with internal stakeholders.

Key Accountabilities

• Contributes to strategic initiatives in Canada or that span multiple company jurisdictions (including the U.S. and Europe) aimed at developing or enhancing executive total rewards programs, including short-term and long-term variable incentive plans and processes, that are market competitive, sustainable and aligned to evolving business needs.
• Develops modelling, simulations and analyses related to executive compensation program design, including cost analyses and projections.
• Manages the annual base salary and incentive compensation review cycles for executives, in collaboration with systems teams and other Human Resources stakeholders, by applying disciplined project management, providing insights and recommendations, and devising solutions to meet all deadlines and deliverables and drive a positive employee and stakeholder experience.
• Develops compensation recommendations for individual executive arrangements as part of off-cycle reviews, promotions, new hires, special assignments, etc.
• Contributes to the preparation and validation of executive compensation exhibits for senior management and board of directors meeting materials, external disclosure, and regulatory filings.
• Develops compensation statements, communications, training materials and presentations; proactively promotes awareness and understanding of executive compensation policies and programs.
• Drives efficiency and effectiveness through continuous process improvement, automation, innovation and streamlining of executive compensation processes and tools.
• Collaborates on the integration and alignment of compensation programs and processes with other areas in Human Resources, such as benefits and pension, performance management, talent acquisition and talent development.
• Builds and fosters trusted relationships by providing expert and value-add advice, direction, options and recommendations; acts as a team knowledge resource and contributes and supports discussions and solutions development with colleagues.
• Proactively leverages external networks and market data to provide the business with competitive information, keeping abreast of market trends and industry developments.
• Works in partnership with Human Resources and business leaders to maintain / manage internal equity through job evaluation, job architectures and other related tools.
• Collaborates on the enhancement, maintenance and / or development of compensation and job evaluation administration systems and equity-based compensation administration platforms.
• Contributes to broader team priorities and key activities and initiatives as required.

Qualifications And Competencies

• University degree in Human Resources, Business, Finance / Accounting or a related field.
• 3-5 years of progressive related experience; direct experience in a compensation role is preferred.
• A CCP or CHRL designation or comparable certifications is preferred.
• Excellent analytical skills – ability to analyze and interpret complex information; ability to understand, organize, and make sense of data and develop reports.
• Advanced skills in Microsoft Excel (formulas, vlookups, pivot tables) and proficiency in PowerPoint and Word.
• Demonstrated ability to work collaboratively with peers and build networks within the total rewards community; able to work independently and take initiative.
• Results oriented with strong organization and time management skills.
• Bilingualism is an asset (French and English); required for Quebec as the position will serve clients with French and English-speaking needs.

Location and Compensation

Given the size and scope of our organization, we have the flexibility for this position to be located in the following head office locations : Toronto, London, Winnipeg or Montreal.

The base salary for this position is between $63,500 - $117,400 annually. This represents base salary only and does not include other variable compensation components of total rewards (e.g., annual bonus, commissions). If you are selected to move forward in our recruitment process, your recruiter will discuss additional details of our total rewards program.

Additional Information

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

Be your best at Canada Life - Apply today!

Canada Life is committed to an inclusive, accessible environment. We value diverse backgrounds and perspectives, and we strive to create a workplace where every employee has the opportunity to reach their potential. A Human Resources representative will assist applicants requesting reasonable accommodation during the application process. To request accommodation, contact [e-mail].

Canada Life thanks all applicants; only those selected for an interview will be contacted.

Seniority level

• Not Applicable

Employment type

• Full-time

Job function

• Human Resources
• Industries : Financial Services and Insurance

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