Associate Director, Compensation

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Company: National Life Group

Location: Addison, TX 75001

Description:

Associate Director, Compensation

Please note that we do not offer visa sponsorship for this position.
Company Summary

Come join one of America's fastest growing insurance companies with a stable history of 175 years. At National Life Group ("NLG"), we offer a flexible work environment with opportunity for growth. As a mission-driven business, our promises are as important as the products we sell. We encourage our associates to live our values: Do Good. Be Good. Make Good.

Our mission extends beyond the insurance and annuities policies that we sell. Our cause is also to make the world a better place through grants from our charitable foundation, paid time for our employees to volunteer, environmentally sustainable and healthy work sites, and events that promote the work of nonprofits in our own backyard.

We invite you to explore what we have to offer and to join our cause.
Role Summary

The Associate Director, Compensation plays a critical role in the National Life People Center, ensuring that compensation policies, programs, and processes align with our Compensation Guiding Principles and reflect our Compensation Philosophy.

The associate in this role will partner with the AVP, Compensation to lead key initiatives, including the Pay for Performance Review process, provides expert consultation to business leaders on job structures, offers, and compensation processes, and oversees ad-hoc compensation projects from inception to completion.

The ideal candidate is an experienced Compensation professional with the ability to adapt to evolving business needs, make thoughtful decisions in ambiguous situations, and work independently to drive initiatives forward. Strong communication and collaboration skills are essential to partner effectively across the People Center and with business stakeholders.
Essential Duties and Responsibilities

This is a hands-on individual contributor role that involves executing day-to-day Compensation tasks, as well as providing Compensation leadership in the organization. Some of the essential duties and responsibilities of this role include:
  • Pay for Performance Review Process - lead the Pay for Performance Review process. Responsibilities include setting project timelines, creating or modifying tools and educational materials, facilitating education sessions for People Leaders and Associates, drafting communications, monitoring recommendations, analyzing outcomes, and managing cycle closeout and reporting deliverables.
  • Compensation Business Partner - provide expert consultation to business leaders and People Center colleagues. Offer guidance on topics such as job offers, the Compensation Framework and its organizational impact, and the effective use of existing compensation programs to achieve business objectives. Identify and implement enhancements to current processes and develop new programs, as needed.
  • Compensation Education & Communication - communicate with associates, business leaders and People Center team members to promote understanding and transparency of the Compensation Framework and related programs. Refine and deliver compensation education to people leaders and individual contributors at all levels of the organization.
  • Job Evaluation and Benchmarking - partner with Compensation team member to ensure roles are appropriately assessed. Support business leaders in creating and maintaining accurate, effective job descriptions.
  • Compensation Surveys - support Compensation team members with compensation survey submissions and resulting data analysis. Make recommendations for applying insights to enhance National Life's compensation programs.
  • Other Duties - participate in ad hoc projects, cross-functional meetings and all other duties as assigned.
  • This position currently offers an onsite hybrid work schedule, with the expectation that you are in the office three days per week during onsite core days. Our current onsite core days are Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.
Minimum Qualifications
  • Strong Compensation professional with experience in launching Compensation programs, identifying, and implementing enhancements to existing Compensation processes, and ability to deliver solid results on routine Compensation tasks in a customer-focused manner.
  • Demonstrated ability to effectively communicate Compensation topics to associates in all levels of the organization through both written and verbal means. Comfortable presenting in virtual, in-person, and hybrid situations.
  • Expertise using Excel to create interactive tools, analyzing large data sets, and sharing information with key stakeholders.
  • Exhibits critical thinking and demonstrates the ability to create solutions to problems using innovative methods.
  • Advanced experience with PowerPoint, Teams/SharePoint, compensation survey management systems (CompTool, PayScale, Salary.com, MarketPay, etc.).
  • 15 years Total Combined education and relevant work experience.
Preferred Qualifications
  • Compensation experience in the financial services, insurance, or investment management industries.
  • Experience in consulting on, designing, implementing, and monitoring sales incentive plans or variable compensation plans, particularly in the insurance industry.
  • Demonstrated expertise in process improvement and optimization.
  • Experience working in UKG Pro HRIS system.
  • CCP, PHR, SHRM-SCP, or other related certification.
Benefits
  • Your benefits start day one and are flexible and customizable to your and your family's specific needs. Check out the BENEFITS of a Career at National Life!
The base compensation range represents the low and high end of the range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to qualifications, skills, competencies, location, and experience. The range listed is just one component of our total compensation package for employees.
Other rewards may include an annual bonus, quarterly bonuses, commissions, and other long-term incentive compensation, depending on the position. National Life offers a competitive total rewards package which includes: a 401(k) retirement plan match; medical, dental, and vision insurance; a company funded wellness account for director and below employees; 10 paid holidays; a generous paid time off plan (22 days of combined time-off for non-exempt employees and exempt employees have discretion in managing their time, including scheduling time off in the normal course of business, but in no event will exempt employees receive less sick time than required by state or local law); 6 weeks of paid parental leave; and 6 weeks of paid family leave after a year of full-time employment.
National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.
National Life Group is a trade name of National Life Insurance Company, Montpelier, VT - founded in 1848, Life Insurance Company of the Southwest, Addison, TX - chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
National Life Group
1 National Life Dr
Montpelier, VT 05604
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