Director, Compensation

RGA; Chesterfield (MO); On-site; USD 107,000 - 159,000; Full time

Job summary

RGA, a Fortune 200 company focused on life- and health-related solutions, seeks a senior compensation leader to drive global compensation programs. You will design salary structures, incentives, and market benchmarks, ensuring compliance and governance across regions and client groups.

You will partner with HRBPs, finance, and legal to support business goals and lead cross-functional compensation projects with global teams.

Qualifications

• Bachelor's degree or equivalent work experience.
• 7+ years in compensation analysis/administration.
• Experience with global compensation programs and pay equity issues.

Responsibilities

• Provide consulting and analytical compensation services aligned with business strategy.
• Lead design and maintenance of salary structures and incentive plans.
• Benchmark markets for assigned client groups and ensure pay equity compliance.
• Collaborate with HRBPs and senior leaders to develop compensation strategies and governance.
• Manage enterprise-wide compensation projects with global teams.

Skills

Workday

Global compensation

Pay equity

Communication

Leadership

Project management

Excel

PowerPoint

Strategic thinking

Education

BA/BS Degree

Tools

Payfactors

Workday

Access

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 requiredAdvanced negotiating and persuasion skills required
• Ability to liaise with individuals across a wide variety of operational, functional, and technical disciplines required
• Advanced Word, Excel and PowerPoint skills preferred
• Access PC skills preferred
• CCP and/or SPHR certification preferred

What you can expect from RGA:

• Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
• Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
• Join the bright and creative minds of RGA, and experience vast, endless career potential.

Compensation Range:

$107,060.00 - $159,390.00 Annual

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan.

• RGA also maintains a full range of health, retirement, and other employee benefits.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.