Director, Compensation

2 weeks ago


Chicago, Illinois, United States Brookfield Wealth Solutions, Ltd Full time $134,800 - $177,700

Argo Group International Holdings, Incand American National, US based specialty P&C companies, (together known as BP&C, Inc.) are wholly owned subsidiaries of Brookfield Wealth Solutions, Ltd. ("BWS"), a New York and Toronto-listed public company. BWS is a leading wealth solutions provider, focused on securing the financial futures of individuals and institutions through a range of wealth protection and retirement services, and tailored capital solutions.


Job Description

The Director of Compensation is responsible for the development, execution and day to day management of all compensation programs ensuring we are attracting and retaining top talent, market competitiveness and internal equity.

Responsibilities:

  • Develop a strong level of business acumen to enable relevant compensation programming to motivate and engage employees and contribute to business goals.
  • Oversee the implementation and manage the company's compensation framework, including the job leveling structure tied to the compensation framework.
  • Lead and mentor a team of compensation professionals, providing guidance and support for their development. Foster a collaborative and inclusive team environment.
  • Execute various compensation program re-design projects as dictated by business needs to include high-level project management, partnering with internal and external resources, and ensuring that projects are on-time and on-budget, while achieving desired goals and objectives.
  • Manage and administer all company compensation programs including executing market surveys, analysis and reporting to support overall compensation philosophy.
  • Partner with HRBPs and Talent Acquisition to ensure effective implementation, adoption and application of the Company's compensation philosophy, pay grades, position leveling, promotion guidelines, career ladders, and leveling criteria.
  • Oversee annual compensation cycles including merit reviews, bonus planning, and equity grants.
  • Assist with the development of roadmap for achieving reward strategies to support the Company's strategic business goals.
  • Provide analytical support for the design and administration of firmwide incentive and executive compensation programs.
  • Design and administer job descriptions/job codes to ensure consistency, compliance and regulations are met.
  • Continually assess market conditions and pay practices to ensure competitiveness of compensation plans and programs.
  • Review and oversee ongoing benchmarking requests and alignment to our compensation framework.
  • Ensure compliance with all applicable wage and hour laws and compensation related requirements including FLSA evaluations and determinations.
  • Lead the global mobility program.
  • Develop and manage all communications as they relate to compensation/Total Rewards programs.
  • Proactively liaise with partners in Finance, Legal, Marketing & Communications and other functions as needed.
  • Provide support for various strategic and special projects as needed.

Requirements:

  • Bachelor's degree with a concentration in Human Resources Management or related field.
  • Advanced degree in HR, Organizational Development or Education, a plus.
  • 7+ years of experience in financial services. Specialty insurance, a plus.
  • 2+ years of experience managing people.
  • Previous experience implementing compensation programs; designing and developing incentive plans, designing alternative reward systems; job evaluation; market pricing and executive compensation.
  • Previous experience managing a global mobility program, including relation and immigration matters.
  • Strong knowledge of legal requirements impacting compensation administration.
  • Project management of multiple and complex HR projects.
  • Results focused; a consultative leadership style that builds high-performing teams across multi-disciplined projects that consistently meet targets and realize organizational benefits.
  • Ability to collaborate with all levels throughout an organization. 
  • Able to maintain an extremely high level of confidentiality, professionalism, and objectivity.
  • Excellent interpersonal, organizational and influencing skills and ability to facilitate across all levels of business.
  • Strong written and verbal communication skills.
  • Strong presentation skills.
  • CCP (Certified Compensation Professional) or equivalent experience preferred.
  • Occasional travel required.

The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.

  • Chicago - $134.8k - $161.7k
  • New York City - $148.1k - $177.7k

PLEASE NOTE: 

Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.

If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us, please contact our Benefits Department at

Notice to Recruitment Agencies:
Resumes submitted for this or any other position without prior authorization from Human Resources will be considered unsolicited. BWS and / or its affiliates will not be responsible for any fees associated with unsolicited submissions.

We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics. 

The collection of your personal information is subject to our HR Privacy Notice

Benefits and Compensation

We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program—including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.



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