Senior Compensation Consultant | Great West

Job summary

The Senior Compensation Consultant will lead the design, delivery, and governance of executive and broad-based compensation programs. They will act as a strategic advisor to HR partners and business leaders by providing data-driven recommendations and market benchmarking.

Job details

Permanent Full Time As a Senior Compensation Consultant, you will play a key role in the analysis, design, delivery, and governance of compensation programs across Great-West Lifeco. Leveraging data and market intelligence, you will provide strategic advice, conduct compensation analyses, and develop recommendations that support business objectives and sound governance. What you will do: Lead the delivery and governance of executive and broad-based compensation programs, including incentive plans Act as a trusted advisor to HR partners and business leaders, providing compensation expertise and recommendations on a broad range of compensation matters Conduct compensation analyses, market benchmarking, and cost modeling to develop recommendations that ensure programs support market competitiveness, internal equity, and business objectives Support executive compensation governance activities, including developing analyses, recommendations, and materials for the Human Resources Committee and public disclosures, such as the management proxy circular Lead the execution of key components of the annual compensation cycle, including compensation modelling, data validation, communications, and advisory support to HR partners Develop presentations, communications, policies and other materials to support compensation program design, implementation, and governance Drive continuous improvement of compensation processes through automation, technology, and AI-enabled tools Lead or contribute to other initiatives as required in support of broader compensation and HR strategies What you will bring: Bachelor's degree in Human Resources, Business, or related field Minimum 5 years of progressive experience in compensation or related roles Strong analytical capabilities with the ability to translate complex data into actionable business insights and recommendations Strong relationship management and collaboration skills, with the ability to build credibility and influence stakeholder decisions Strong communication and presentation skills, including the ability to prepare and present information for senior audiences Advanced Excel skills with experience in modelling, scenario analysis, reporting and data interpretation; strong proficiency with Word and PowerPoint Demonstrated ability to take initiative and consistently exhibit excellent attention to detail Demonstrated integrity and professionalism when dealing with confidential and sensitive information The base salary for this position is between $75,600 - $125,600 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you. Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis. Grow with Great-West Lifeco Great-West Lifeco Inc is a Canadian headquarter, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the United States, and Europe under the brands: Canada Life, Empower and Irish Life. At the end of 2024, our companies had over 32,250 employees, 106,000 advisor relationships, and thousands of distribution partners – serving approximately 40 million customer relationships. Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies. What we offer: We’re committed to supporting our employees through every stage of their career. Here’s what you can expect as a full-time or part-time permanent team member: Career Development: Opportunities for career advancement, access to industry-leading learning programs and up to $2,000 annually towards education reimbursement. Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well-being. Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day. Financial Security: Company-matching pension plan, share ownership program and additional investment options. Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more! Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events. Learn more about Great-West Lifeco. We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact talentacquisitioncanada@canadalife.com. All information provided will be handled in accordance with applicable laws and Great-West Lifeco policies. #LI-Hybrid

What you’ll do

The Senior Compensation Consultant will lead the design, delivery, and governance of executive and broad-based compensation programs. They will act as a strategic advisor to HR partners and business leaders by providing data-driven recommendations and market benchmarking.

Requirements

Candidates must hold a bachelor's degree in Human Resources, Business, or a related field. A minimum of 5 years of progressive experience in compensation and advanced proficiency in Excel and data modeling are required.

Benefits

• Career development
• Education reimbursement
• Health benefits
• Dental benefits
• Mental health benefit
• Vacation
• Personal days
• Volunteer day
• Pension plan
• Share ownership program
• Employee recognition programs
• Employee discounts

Listed skills

• Data Validation · Preferred
• Communication · Preferred
• Microsoft Excel · Preferred
• Reporting · Preferred
• Attention to detail · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Compensation analysis
• Market benchmarking
• Cost modeling
• Executive compensation
• Incentive plans
• Data validation
• Strategic advice
• Relationship management
• Communication
• Presentation skills
• Excel
• Scenario analysis
• Reporting
• Data interpretation
• Attention to detail
• Professionalism
• Compensation Program Design
• Influencing Skills
• Data Interpretation
• Relationship Management
• Business Objectives
• Human Resource Strategy
• Microsoft Excel
• Asset Management
• Automation
• Mental Health
• Benchmarking
• Management
• Continuous Improvement Process
• Cost Estimation Models
• Data Modeling
• Equities
• International Finance
• Governance
• Health Insurance
• Market Intelligence
• Mentorship
• Microsoft PowerPoint
• Presentations
• Proactivity
• Reinsurance
• Scenario Analysis
• Collaboration
• Detail Oriented

Job areas

• Human Resources
• Finance & Accounting
• Consulting
• Management & Leadership
• Data & Analytics
• Compensation Consultant
• Compensation / Benefits Specialist
• Government Social Benefits Officials
• Compensation, Benefits, and Job Analysis Specialists

More jobs from Canada Life