Senior Consultant Executive Compensation
City : Toronto
Category : Full-time
Industry : Finance
Employer : Sun Life Financial
You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.
Job Description:
Reporting to the AVP, Executive Compensation, the Senior Executive Compensation Consultant enables the Total Rewards, HR and enterprise strategies by supporting all aspects of Sun Life’s global executive compensation programs including incentive design, administration and communication, compensation modeling, benchmarking, performance analytics and disclosures. The role is also responsible for Executive Compensation project planning and execution.
What will you do?
Operate with senior levels within the organization to provide professional analytical support for executive compensation programs
Participate in senior management / business partner discussions regarding initiatives/changes in organization structures and compensation programs
Reinforce Sun Life’s compensation philosophy by recommending business solutions (programs, processes, tools) that are competitive, equitable and pay-for-performance oriented
Research, review, communicate and implement appropriate solutions in support of providing an effective executive compensation experience, including presenting findings to senior leaders
Handle complex inquiries that have been redirected from HR and business partners
Prepare Sr. Executive/board-ready materials with a mix of quantitative and qualitative analysis, working with business partners (e.g., HR, Finance, Client groups) to acquire necessary inputs
Flawlessly manage large and complex spreadsheets (e.g., year-end compensation changes for executives globally)
Analyze market competitiveness of Sun Life’s compensation programs
Maintain a thorough understanding of internal and external compensation design, practices, policies and industry trends to drive recommendations
Perform key monthly, quarterly and annual activities to support financial and other reporting
Act as a project manager for medium to large compensation-related projects or work streams, managing non-routine and multifaceted projects independently
Support other executive compensation projects such as incentive plan design, and analysis related to mergers and acquisitions
Liaise with internal and external audit and regulators as needed
What you need to succeed?
University degree (or equivalent work experience) and 7+ of Human Resources experience; Total Rewards experience is preferred
Strong knowledge of compensation practices and theory; preferably in executive compensation
Advanced Microsoft Excel skills is required i.e., the ability to create and maintain complex, dynamic spreadsheets and manipulate large datasets; Access experience is an asset
Experience in leveraging HR Information Systems to administer compensation programs and extract data for analysis; Workday experience an asset
Exceptional analytical, problem solving and financial modeling skills, with an eye for detail and accuracy (experience with statistics and data visualization technologies such as Tableau is an asset)
Bias for continuous improvement and leveraging technology to improve outcomes
Excellent interpersonal, communication and consulting skills, incorporating different perspectives, backgrounds and styles
Ability to communicate to a wide variety of audiences clearly and concisely at all organizational levels, making connections between business goals and Total Rewards
Solid knowledge and understanding of HR programs and connections
Strong project management and planning skills
Professionalism and diplomacy pertaining to all areas of discretion and confidentiality
Experience in Agile project management considered an asset
Knowledge of financial services sector considered an asset
What's In it for you?
Fitness and wellness programs that help you balance work and life and enjoy a healthier lifestyle
Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives
Flexible Benefits from the day you join to meet the needs of you and your family
Ongoing learning, training, and coaching to grow your career
Competitive salary and bonus structure influenced by market range data
*LI-NB1
The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results.
Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.
Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com.
At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.
We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.
Salary Range:
76,000/76 000 - 125,000/125 000Job Category:
Human ResourcesPosting End Date:
30/09/2024