Compensation Manager

PRA GROUP, INC.; Norfolk (VA); On-site; USD 104,000 - 162,000; Full time

Benefits offered by this job

Bonus programs

Comprehensive benefits

401k match

Job summary

PRA Group in Norfolk, VA is seeking a Compensation Manager to shape competitive, equitable, and well‑governed compensation programs. You will lead compensation analysis, annual cycles, equity administration, and executive compensation support, translating complex data into practical insights for HR, Finance, Payroll, Legal, and leadership.

The role requires 5–10 years in compensation, strong Excel and HRIS experience (Workday preferred), and the ability to present to Board‑level audiences.

Qualifications

• 5–10 years of compensation experience, including market pricing, salary structures, benchmarking, and equity administration.
• Experience supporting annual compensation cycles (merit, incentive, reviews).
• Strong Excel skills with pivot tables, lookups, formulas, and data modeling.
• Experience with equity platforms such as E*TRADE Equity Edge Online or equivalents.
• Experience presenting to HR, Finance, and Board-level audiences.

Responsibilities

• Lead market pricing, job evaluation, and salary structure reviews.
• Manage annual compensation cycles from planning through post-cycle review.
• Provide compensation guidance for offers, promotions, and changes.
• Administer equity compensation programs and reporting.
• Collaborate with HR, Finance, Payroll, HRIS, Legal, and leadership for insights.

Skills

Market pricing

Job evaluation

Equity administration

HR analytics

Data modeling

Education

Bachelor's degree in HR, Business, Finance, or equivalent

Tools

Workday

Equity Edge Online

Power BI

Excel

Job description

Position Summary

We invite you to explore a future with us at PRA Group, a diverse and growing company that has a tangible impact on the global economy. Position Summary: We are looking for a hands‑on, analytical, and collaborative Compensation Manager to help shape competitive, equitable, and well‑governed compensation programs that support our business and our people. In this role, you will lead compensation analysis, annual compensation processes, equity administration, executive compensation support, and reporting for key stakeholders across HR, Finance, Payroll, HRIS, Legal, and business leadership. You will translate complex compensation and equity information into clear insights, practical recommendations, and scalable processes that strengthen decision‑making across the organization.

What You’ll Do

• Lead market pricing, job evaluation, salary structure reviews, compensation benchmarking, and internal equity analysis.
• Manage annual compensation cycles, including merit, incentive, and compensation review processes from planning through post‑cycle review.
• Provide practical compensation guidance for offers, promotions, job changes, new roles, and organizational changes.
• Administer and analyze equity compensation, including grants, vesting, employee equity data, reconciliations, controls, and reporting.
• Partner across HR, Finance, Payroll, HRIS, Legal, executive leadership, and business teams to deliver accurate insights and timely decision support.
• Support executive compensation work, including Proxy compensation data, Compensation Committee materials, Board‑level reporting, and related analysis.
• Translate complex compensation, equity, and workforce data into clear recommendations for varied audiences.
• Maintain strong governance, documentation, confidentiality, and quality control across compensation and equity processes.
• Coach, develop, and guide team members while fostering accountability, collaboration, service orientation, and continuous improvement.

What We're Looking For

• Bachelor’s degree in Human Resources, Business Administration, Finance, or equivalent professional experience.
• 5–10 years of experience in compensation, including market pricing, job evaluation, salary structures, benchmarking, equity administration, and HR analytics.
• Experience supporting annual compensation cycles such as merit, incentive, and compensation review processes.
• Strong analytical skills with advanced Excel experience, including pivot tables, look‑up functions, complex formulas, and data modeling.
• Hands‑on HRIS experience, with Workday strongly preferred; experience with E*TRADE Equity Edge Online or another equity platform preferred.
• Ability to translate complex data into clear insights, recommendations, and presentations for HR, business, executive, and Board‑level audiences.
• Strong judgment, discretion, and attention to detail when handling confidential compensation and equity information.
• Experience leading, coaching, or guiding team members, projects, or cross‑functional workstreams.
• Experience with executive compensation, Proxy statement support, SEC disclosure requirements, compensation surveys, dashboards, Power BI, or a publicly traded/regulated environment is a plus.
• Certified Equity Professional certification, or progress toward certification, is a plus.

Salary Range: $115,000 - $145,000

Why Join PRA Group?

You will join a purpose‑driven, values‑based organization that is committed to performance, accountability, respect, ethics, teamwork, and continuous improvement. This is an opportunity to influence compensation strategy and operations in a publicly traded, global organization while partnering with leaders who value data‑driven decision‑making, strong governance, and practical solutions.

What You’ll Gain

• A visible role with meaningful impact across Total Rewards, HR, Finance, Legal, and business leadership.
• The opportunity to lead and improve compensation, equity, and executive compensation processes.
• A collaborative environment where strong analysis, thoughtful recommendations, and process discipline are valued.
• A chance to coach and develop others while building scalable, service‑oriented compensation practices.

Salary Range: $103,700.00 - $162,100.00 PRA Group has an effective process for assessing market data and establishing ranges to ensure we remain competitive. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, specific working location and market position. This posted salary range is a good faith and reasonable estimate, and PRA Group reserves the right to adjust this range depending on the qualifications and location of the selected candidate.

Benefits

• Performance based bonus programs and/or equity programs depending on the position.
• PRA offers paid time off, medical, dental, vision, 401k match, life insurance, and other benefits to assist with the physical and mental wellbeing of our employees.

All qualified applicants will receive consideration for employment regardless of age, race, color, sex, gender, religion, national origin, physical or mental disability, citizenship or any other classes recognized by state or local law or any other characteristic protected under applicable federal, state or local law.

We are a drug free workplace.

To qualify, applicants must be legally authorized to work in the United States, and should not require, now or in the future, sponsorship for employment visa status.

About PRA Group

As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visitwww.pragroup.com.