Senior Vice President, Global Head of Total Rewards

1 week ago

Newport Beach, California, United States Pacific Life Insurance Company Full time
Job Summary:

Pacific Life Insurance Company is seeking a highly skilled Senior Vice President, Global Head of Total Rewards to join our Human Resources team in Newport Beach, CA. As a key member of our leadership team, you will be responsible for developing, implementing, and managing comprehensive total rewards strategies that align with the company's business goals and enhance candidate attraction, employee engagement, retention, and satisfaction.

Key Responsibilities:
  • Develop and execute a global total rewards strategy that supports the company's business objectives and enhances its ability to attract, retain, and motivate talent.
  • Work collaboratively with the business to develop proactive and innovative approaches to ensure our total rewards are competitive, drive business results, and align with our culture.
  • Leverage your knowledge of market conditions and the competitive talent landscape to design tailored strategies for rewards concerning key talent segments.
  • Review, evaluate, and execute the executive compensation programs (base, bonus, and equity) by collaborating with CEO, CHRO, and with outside executive compensation consultants to ensure they are performance driven, market competitive, appropriately leveraged, legally compliant, accurately administered and effectively communicated.
  • Oversee the design and implementation of competitive compensation structures, including base pay, incentives, and executive compensation programs.
  • Lead the development and management of global benefits programs, including health and wellness, retirement plans, and other employee benefits.
  • Ensure total rewards programs are equitable and inclusive, promoting diversity within the organization.
  • Develop and manage the total rewards budget, ensuring optimal allocation of resources.
  • Lead the development of communication strategies to effectively inform employees about total rewards programs and changes.
  • Lead and develop a global team of compensation and benefits professionals, fostering an inclusive and high-performance culture.

Requirements:
  • Bachelor's degree in Human Resources, Business Administration, Finance, or related field; MBA or other advanced degree preferred.
  • Minimum of 15 years of experience in total rewards or a related field, with at least 8 years in a senior leadership role.
  • Proven experience managing global total rewards programs, including in diverse geographic regions.
  • Deep understanding of compensation and benefits best practices, regulatory requirements, and industry trends.
  • Strong analytical, communication, and presentation skills. Ability to influence and build relationships with stakeholders at all levels.

What We Offer:
  • Competitive base pay range: $315,000 - $375,000.
  • Additional incentive pay opportunities.
  • Flexible benefits package, including medical, dental, vision, and wellbeing reimbursement account.
  • Generous paid time off options, including paid time off, holiday schedules, and financial planning time off.
  • Paid parental leave and adoption assistance program.
  • Competitive 401k savings plan with company match and additional contribution.

How to Apply:

Please submit your application through our career center. We are an equal opportunity employer and welcome applications from diverse candidates.

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