Director, Compensation

RGA Enterprise Services Company

Chesterfield (MO)

On-site

USD 140,000 - 190,000

Full time

4 days ago
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Job summary

RGA Enterprise Services Company seeks a senior Compensation leader to join the Global Total Rewards team. You will drive the development, implementation, and administration of global compensation programs across regions and client groups.

As a key player leading salary structures, incentive plans, and market benchmarking, you will ensure compliance, pay equity, and transparency while collaborating with HRBPs, finance, and legal to align pay with business objectives.

Qualifications

  • Bachelor's Degree in Arts/Sciences (BA/BS) or equivalent related work experience.
  • 7+ years experience in the analysis and administration of compensation programs.
  • Workday experience preferred; Pay Factors experience preferred.
  • Global compensation experience preferred.
  • Advanced communication skills, both written and verbal.
  • Advanced skills in MS Word, Excel, and PowerPoint.

Responsibilities

  • Provide a full spectrum of consulting and analytical compensation services translating business strategy into compensation insights and programs.
  • Lead the design and maintenance of salary structures and incentive plans.
  • Perform market benchmarking for assigned client groups and ensure pay equity and transparency.
  • Collaborate with HRBPs, senior leaders, finance, and legal to support organizational goals.
  • Manage enterprise-wide compensation projects, including policy development and cross-border harmonization.
  • Support due diligence during mergers/acquisitions and map acquired employees to internal structures.
  • Ensure adherence to local, regional, and international compensation laws and reporting requirements.

Skills

Compensation analysis
Leadership
Cross-functional collaboration
Advanced Excel
Data-driven decision making
Change management
Negotiation

Education

Bachelor's Degree in Arts/Sciences (BA/BS) or equivalent

Tools

Workday
Payfactors

Job description

You desire impactful work.

You're RGA ready

RGA is a purpose-driven organization working to solve today's challenges through innovation and collaboration. A Fortune 200 Company and listed among its World's Most Admired Companies , we're the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A Brief Overview

This role serves as a key member of the global Total Rewards team by participating in the development, implementation, and administration of global compensation programs. Depending on the region supported and/or client groups, this role may have direct reports. This role will support global client groups and will ensure that compensation programs align to business objectives and compliance to local regulations for international client groups. Key responsibilities include leading in the design and maintenance of salary structures, leading the design and implementation of incentive plans, leading the market benchmarking for assigned client groups, lead pay equity compliance and pay transparency projects. The Director will collaborate and lead cross functional teams often including members from HR, finance, and legal to support organization goals and ensure competitive and fair pay practices.

What you will do
  • Provide a full spectrum of consulting and analytical compensation services by translating business strategic direction into meaningful compensation insights and programs
  • Apply best practice compensation principles to provide customized, innovative, enterprise-aligned compensation solutions designed to support business, team, and leadership strategies while maintaining appropriate governance and alignment to the enterprise
  • Partner with HRBPs and senior leaders to develop appropriate compensation strategies, policies, programs, influence, and communications: provide expertise to adapt current practices to develop new solutions and gain buy-in from HR and Senior Business leaders.
  • Represent the businesses supported in the design, development, and implementation of enterprise initiatives and conversely represent the enterprise approach and practices in business initiatives
  • Lead enterprise-wide (cross business line, cross border, and global) compensation projects including policy and program development and automated solutions; this will involve managing project teams (globally located) to achieve results.
  • Effectively communicate and influence peers, HRBPs and Leaders by proactively sharing information, analysis and solutions, as appropriate
  • Manage/support Year End Process (and Promo/Adjustment rounds) activities and other Core Process activities (e.g., pay equity, annual incentive administration, communications, training, reporting, and global market pricing which includes survey participation, benchmark studies, updating matches in compensation software such as Payfactors, etc.).
  • Lead compensation portions of due diligence related to mergers/acquisitions (e.g., reviewing existing programs, compliance levels, identify gaps) and mapping/harmonization of acquired employees to internal compensation structures/programs
  • Provide ongoing education and support to HRBPs to ensure a high level of understanding of compensation HRIS capabilities and other resources for them to directly support their business.
  • Lead and ensure adherence to local, regional, and international compensation-related laws, including compliance and reporting (pay transparency, pay equity, etc.).
Qualifications
  • Bachelor's Degree in Arts/Sciences (BA/BS) or equivalent related work experience required
  • 7+ Years experience in the analysis and administration of compensation programs required
  • Workday experience preferred
  • Global compensation experience preferred
  • Long-term incentive compensation experience preferred
  • Experience with Pay Factors preferred
  • Advanced Word, Excel, and PowerPoint skills required
  • In-depth knowledge of local country pay legislation for applicable client groups, including pay transparency and/or pay equity requirements. required
  • Advanced oral and written communication skills demonstrating ability to share and impart knowledge as well as recommend solutions and alternatives required
  • Advanced investigative, analytical and problem-solving skills; Advanced ability to translate business needs and problems into viable/accepted solutions required
  • Advanced ability to individually set goals and handle multiple tasks, clients, and projects simultaneously; Ability to appropriately balance priorities, deadlines, and deliverables required
  • Ability to work well within a team environment and participate in department/team projects required
  • Advanced skills in customer relationship management and change management required
  • Ability to manage multiple projects or teams and set applicable goals required
  • Advanced negotiating and persuasion skills required
  • Ability to liais
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