Lead Compensation Analyst

Protective Life Insurance Company; Chesterfield (MO); On-site; USD 97,000 - 150,000; Full time

Job summary

An established industry player is seeking a senior-level compensation professional to enhance their compensation programs. In this pivotal role, you will develop strategies to attract and retain talent, oversee executive compensation, and ensure alignment with business goals. You’ll collaborate with HR partners and senior leaders to implement best practices in compensation analysis, especially during mergers and acquisitions. This is an exciting opportunity to make a significant impact in a company that values its employees and offers a comprehensive benefits package, including health insurance, retirement plans, and a supportive work environment.

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Mental Health Benefits

Paid Time Off

Parental Leave

Disability Benefits

401(k) Matching

Employee Assistance Programs

ProHealth Rewards

Qualifications

• Bachelor's degree in business or related field preferred.
• 7-10 years of experience in compensation analysis required.

Responsibilities

• Develop and implement compensation strategies aligned with company goals.
• Conduct market research and benchmarking for competitive compensation practices.

Skills

Analytical Skills

Consulting Skills

Knowledge of HR Laws

Communication Skills

Organizational Skills

Project Management

Proficiency with Microsoft Office

HRIS Proficiency

Accounting Systems Knowledge

Education

Bachelor's degree in Business

HR Certifications (CCP, SHRM-CP)

7-10 years in Compensation Analysis

Tools

Compensation Analysis Tools

Compensation Software

Job description

The work we do has an impact on millions of lives, and you can be a part of it.

We help protect our customers against life's uncertainties. Regardless of where you work within the company, you'll be helping provide protection and peace of mind when our customers need it most.

At Protective, our employees are our greatest asset. We know that investing in our employees is an investment in Protective's success and strive to provide a seamless employee experience so they can concentrate on utilizing the skills for which they were hired.

Protective is hiring a senior-level compensation professional to support the company's compensation programs. Reporting to the VP, Head of Compensation and Benefits, the successful candidate will play a key role in administering Protective's compensation initiatives.

Responsibilities:

1. Develop and implement comprehensive compensation strategies aligned with company goals to attract, retain, and motivate talent.
2. Design and oversee executive compensation programs, including base salary, bonuses, and long-term incentives. Maintain and update the company Career Framework as needed.
3. Provide support for compensation analysis and integration during mergers and acquisitions, ensuring smooth transitions and policy alignment.
4. Conduct market research and benchmarking to maintain competitive compensation practices. Analyze trends and recommend adjustments accordingly.
5. Collaborate with HR partners and senior leaders to ensure alignment of compensation programs with business strategies.
6. Prepare reports and presentations for senior management, highlighting key compensation metrics and trends.
7. Assist with the accounting of compensation programs.
8. Continuously evaluate and improve compensation processes and systems for better efficiency and effectiveness.

Skills/Abilities:

• Strong analytical skills with proficiency in compensation analysis tools and software.
• Excellent consulting skills and experience working with senior leadership.
• Extensive knowledge of HR laws, regulations, and best practices.
• Excellent written and verbal communication skills.
• Strong organizational, project management, and time management skills.
• Proficiency with Microsoft Office, HRIS, and accounting systems.

Education and Experience:

• Bachelor's degree in business, accounting, human resources, or related field (preferred).
• HR certifications such as CCP, SHRM-CP, or SHRM-SCP (preferred).
• 7-10 years of experience in compensation analysis, especially in executive compensation and M&A contexts.
• Experience managing long-term incentive plans for private companies (preferred).
• Experience with Career Frameworks and Compensation Software (preferred).

Protective's targeted salary range for this position is $97,500 to $149,500, depending on factors like location, skills, and experience. This range is part of the total compensation package, which may include additional incentives based on performance.

This position offers additional incentive opportunities through an annual bonus based on individual and company performance.

Employee Benefits:

We prioritize our employees' wellbeing with comprehensive health, dental, and vision insurance, mental health benefits, and employee assistance programs. We support work/life balance with paid time off, parental leave, disability benefits, and cultural observance days. Financial wellbeing is supported through healthcare accounts, pension plans, and 401(k) matching. All employees are encouraged to engage with ProHealth Rewards, our platform for wellbeing and earning rewards.

Eligibility for benefits varies by position and is subject to the terms of the company's benefit plans.

Accommodations for Applicants with Disabilities:

If you require accommodations during the application process due to a disability, please email [e-mail]. This information is confidential and used solely to provide necessary accommodations.

Note: This email is for accommodation requests only; employment questions should be directed through other channels.

We are proud to be an equal opportunity employer committed to diversity and inclusion.