Executive Compensation Lead Consultant

Allstate Insurance; Illinois; On-site; USD 85,000 - 153,000; Full time

Job summary

An established industry player seeks an Executive Compensation Lead Consultant to drive innovative executive pay solutions. This pivotal role involves managing core compensation initiatives, including annual and long-term incentives, while collaborating with stakeholders across various departments. The ideal candidate will possess extensive experience with the Workday Advanced Compensation module and demonstrate strong project management and communication skills. Join a dynamic team that values diversity and empowers individuals to challenge the status quo and make a meaningful impact in the world of executive compensation.

Qualifications

• 5+ years of experience in executive compensation.
• Expertise in Workday Advanced Compensation module.
• Strong attention to detail and communication skills.

Responsibilities

• Lead configuration and integration of Workday for compensation processes.
• Manage annual incentive program and executive perquisite program.
• Deliver high-quality projects on time and within budget.

Skills

Workday Advanced Compensation

Project Management

Communication Skills

Analytical Skills

Education

Bachelor's Degree

Tools

Workday

Job description

At Allstate, great things happen when our people work together to protect families and their belongings from life's uncertainties. For more than 90 years, our innovative drive has kept us a step ahead of our customers' evolving needs, advocating for seat belts, airbags, graduated driving laws, and leading in pricing sophistication, telematics, and device and identity protection.

Job Description

The Executive Compensation Lead Consultant manages the delivery of core executive compensation initiatives by applying professional judgment, knowledge, and a broad perspective. Responsibilities include research, analysis, implementation, and administration of key compensation programs such as the annual incentive, long-term incentive, expatriate pay, and investments compensation.

The individual will also lead the development and implementation of innovative, competitive executive pay solutions aligned with company and strategic objectives, overseeing project planning, execution, quality, communication, and costs.

Key Responsibilities

• Lead Workday configuration and integration with incentive processes, including payroll and annual compensation planning in the Workday Advanced Compensation module.
• Consult with stakeholders to identify challenges, explore opportunities, and support decision-making for executive compensation products.
• Manage the annual incentive program, including monthly accrual files for finance teams.
• Oversee the executive perquisite program, including Workday administration and audits.
• Develop effective relationships across accounting, finance, HR, legal, and other stakeholders to ensure clarity on proposed compensation changes.
• Deliver high-quality projects on time and within budget in a fast-paced environment.
• Manage complex projects related to regulatory changes, employee communications, plan effectiveness analysis, and ad-hoc reports.

Qualifications

• 4-year bachelor's degree preferred; equivalent education and experience may be considered.
• At least 5 years of relevant experience, with proven Workday Advanced Compensation module expertise.
• Strong attention to detail, autonomous work ability, and cross-functional partnership skills.
• Excellent communication skills, with experience in consulting and incentive program design and administration.

Additional Information

This role does not have supervisory responsibilities. Compensation ranges from $85,600 to $152,650 annually, based on experience and qualifications. The candidate will be required to undergo a background check.

Joining Allstate offers opportunities to challenge the status quo, develop skills, and make a meaningful impact. We embrace diversity and inclusion, empowering everyone to lead and drive change.

Note: We generally do not sponsor employment-based visas for this position. Also, we adhere to applicable state and local fair chance ordinances and promote equal employment opportunity regardless of protected characteristics.