Compensation Analyst II

Pacific Asset Management, LLC; Charlotte (NC); Hybrid; USD 73,000 - 104,000; Full time

Benefits offered by this job

Medical/Dental/Vision

Paid Time Off

Parental Leave

401k Plan

Job summary

Pacific Life Insurance Company is seeking a Compensation Analyst II to join the HR Compensation team in a hybrid role across multiple US locations. You will administer Workday compensation processes, maintain job architecture data, and support annual planning with a focus on accuracy and governance.

The role emphasizes data integrity, regulatory compliance, and effective partner collaboration with Payroll, People Business Partners and Talent Acquisition to deliver competitive programs and

Qualifications

• BS/BA in Business; HR/Finance focus preferred.
• 3 years of experience as a Compensation Specialist.
• Ability to partner with leadership and collaborate with multiple stakeholders.
• Knowledge of HR practices and labor laws.
• Excellent communication and data handling skills.

Responsibilities

• Administer compensation-related processes in Workday, including changes and incentive payments.
• Maintain compensation data and job architecture with profiles and attributes.
• Support annual compensation planning with system administration and validation.
• Prepare compensation reports and analyses for stakeholders.
• Ensure data integrity, compliance and governance across compensation data.
• Collaborate with Payroll, People Partners and Talent Acquisition to standardize programs.
• Develop and maintain compensation process documentation and identify automation opportunities.

Skills

Leadership partnership

HR compliance

Data analysis

Communication

Confidentiality

Documentation

Education

BS/BA in Business

Tools

Workday

Job description

Job Summary

Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented Compensation Analyst II to join our HR Compensation team in Newport Beach, CA or Omaha, Nebraska (hybrid work schedule). As a Compensation Analyst II, you’ll play a key role in Pacific Life’s growth and long‑term success by supporting the administration and execution of the Company’s compensation programs, maintaining compensation and job architecture data, administering Workday compensation processes, supporting annual compensation activities, and ensuring data integrity, compliance, and operational excellence.

Key Responsibilities

• Compensation Operations & Administration
  • Administer compensation‑related processes and transactions within Workday, including compensation changes, one‑time payments, incentive payments, and employee updates.
  • Maintain compensation and job architecture data through creation, update, and validation of job profiles, job attributes, and compensation eligibility rules.
  • Support the annual compensation planning process through system administration, testing, audits, troubleshooting, and data validation activities.
  • Monitor and respond to compensation‑related Workday inquiries, ensuring timely and accurate resolution of issues.
  • Perform ongoing audits of compensation and job data to ensure accuracy, compliance, and data integrity.
  • Partner with Payroll, People Business Partners, Talent Acquisition, and other stakeholders to ensure compensation programs are administered consistently and effectively.
  • Develop and maintain compensation process documentation and identify opportunities to improve operational efficiency through automation and process enhancements.
• Reporting, Analytics & Compliance
  • Prepare recurring and ad hoc compensation reports, analyses, and workforce data to support Compensation, HR, and business stakeholders.
  • Conduct data audits, reconciliations, and compliance reviews to support compensation governance and regulatory requirements.
  • Support compensation‑related analyses by gathering, validating, and organizing internal and external compensation data.
  • Assist in the preparation of reporting and materials used to support compensation planning, program administration, and leadership decision‑making.
  • Support compliance activities, including FLSA reviews, compensation audits, policy adherence, and documentation requirements.
  • Monitor compensation data trends and identify discrepancies requiring review or corrective action.
• Salary Surveys & Market Data Support
  • Support participation in compensation surveys through data collection, validation, submission, and documentation activities.
  • Maintain compensation survey records, supporting data, and market pricing resources.
  • Assist in the preparation of market data reports and benchmarking analyses used to support compensation programs and decision‑making.
  • Partner with Compensation team members to ensure market data is accurately reflected within compensation systems, structures, and reporting tools.
• Compensation Programs & Projects
  • Support compensation programs, structures, and system configurations are accurately administered and maintained.
  • Support implementation activities associated with compensation initiatives, job architecture enhancements, and Workday optimization projects.

Qualifications

• BS/BA in Business. Specialization in Human Resource Management, Finance, or related experience is preferred.
• Three (3) years of cumulative experience as a Compensation Specialist.
• Ability to partner with business leadership and collaborate with multiple stakeholders within the organization.
• Strong knowledge of HR practices and labor legislation.
• 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.

What Will Make You Stand Out

• Demonstrated compensation experience within a multi‑faced insurance and/or financial services company.
• Workday or other HCM platform experience.
• Strength in developing executive presentation materials and storytelling as part of communication and stakeholder management.
• Professional certifications (PHR, CCP).
• Demonstrated practice of leveraging various tools and resources to stay up to date on industry trends, changes in regulations, and emerging best practices in compensation.

Salary Ranges per Location

Charlotte, NC: $77,130 - $94,270
Newport Beach, CA: $84,870 - $103,730
Omaha, NE: $73,260 - $89,540

Benefits

• 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.
• Parental Leave as well as an Adoption Assistance Program.
• Competitive 401k savings plan with company match and an additional contribution regardless of participation.

EEO Statement

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.