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Director Compensation - Canada

Remote: 
Full Remote
Contract: 
Experience: 
Expert & Leadership (>10 years)
Work from: 

Offer summary

Qualifications:

Bachelor’s degree in Mathematics, Business, or related field, 10+ years of compensation and benefits experience, Expert knowledge of compensation principles, Strong analytical and quantitative skills, Familiarity with Canadian employment laws.

Key responsabilities:

  • Manage salary planning and reviews
  • Develop competitive compensation policies
  • Oversee Pay Equity compliance and analyses
  • Conduct job evaluations and market pricing
  • Collaborate with HR on compensation matters
Reinsurance Group of America, Incorporated logo
Reinsurance Group of America, Incorporated Insurance Large https://www.rgare.com/
1001 - 5000 Employees
See more Reinsurance Group of America, Incorporated offers

Job description

Position Overview

Director, Compensation - Canada is a key member of RGA’s global compensation team. This role is responsible for managing salary planning, bonuses, job evaluations and participate / lead global compensation projects. The incumbent will act as an advisor in leading, planning, developing, designing and implementing a range of programs and processes related to compensation, related policies and practices, and human resources analytics that support the company’s strategic goals in Canada while ensuring alignment with global philosophies and compliance with Company policies. The incumbent will also ensure compliance and adherence to legal regulations that affect existing compensation plans and stays abreast of current legislation and trends.

This role:

  • Approved for remote work, must be located in Canada and ideally in the Eastern Time Zone.
  • 12 Months Contract

Responsibilities

  • Project manages the review, development and implementation of salary, incentive, and recognition to ensure overall market competitiveness within Canada.
  • Partners with the leader of benefits to ensure our compensation is aligned to overall total reward trends and company objectives.
  • Leads and/or partners on a variety of global projects including market pricing and analysis, annual compensation processes, pay equity review, and others. Manages salary survey participation for applicable surveys.
  • In partnership with the leader of benefits, develop policies, procedures, and tools to manage the total rewards offering.
  • Oversee Pay Equity compliance, including regular pay equity reviews and ensuring all compensation recommendations are made inclusive of Pay Equity compliance requirements. Responsible for meeting varied provincial legislative reporting and posting requirements.
  • Ensures guidance of the internal approval matrix and keep up-to-date of changes in local regulations for compensation.
  • Conducts detailed analysis of workforce, compensation, and financial data as it relates to human capital to identify trends and propose solutions to strategic business needs and to ensure RGA remains competitive and equitable.
  • Lead and conduct job analysis and market pricing of new or revised roles. Based on market data and internal equity recommends an appropriate pay level ensuring competitive analysis of offers.
  • Work closely with HR Business Partners to advise on compensation matters within assigned client group(s) while ensuring compliance with corporate compensation guidelines and plans.
  • Coach and equip HR Business partners to support leaders and managers through compensation decisions.
  • Lead the annual salary planning for Canada while working closely with global teams.
  • Participate in development of HR communication plans related to total rewards programs.
  • Monitor legislative changes and propose modifications.
  • Maintain vendor and consultant relationships.
  • Implement and drive key HR decision-making metrics. Oversee data integrity in the various systems, including Workday.
  • Analyzes and advises on cross border relocations to ensure competitiveness of compensation and tax impact to individuals on moves.
  • Participate in M&A and other global projects.

Requirements

Education and Experience:

  • Bachelor’s degree in Mathematics, Business, Economics, Statistics or related with ideally 10+ years of compensation, benefits, finance or related analyst experience that involve implementation and program / project management as well as use of statistical analysis and modeling.
  • Expert knowledge of compensation principles and current industry best practices through extensive experience developing innovative policies and programs related to compensation.
  • Knowledge of Canadian employment and income tax laws, regulations and operating guidelines.
  • Strong analytical and quantitative skills and ability to develop models to analyze and forecast compensation expenses using Microsoft Office, particularly advanced Excel skills and HRIS platforms and reporting tools. Ability to build advanced charts and data models and excellent financial analytical skills.
  • Strong skills in MS office Word, Excel, PowerPoint and Outlook.

Skills and Abilities:

  • Demonstrated analytical, problem solving, critical thinking and decision-making skills.
  • Strong organizational and execution skills.
  • Innovative, strong project management and change management skills.
  • Demonstrated ability to build strong, trusting relationships with internal and external stakeholders.
  • Energetic, resilient, capable of managing multiple priorities in fast-paced environment.
  • Ability to use good judgment and discretion with highly confidential and sensitive information.
  • Strong ability to communicate effectively with all levels of the organization and influence stakeholders.
  • Proven track-record of managing programs’ governance model.
  • Client focused.
  • Strong presentation and written skills with a strong interest in human resource management, working across international markets.
  • Highly organized with demonstrated ability to manage multiple projects and remain flexible given changing priorities.
  • Strong attention-to-detail.
  • Knowledge of the "Workday" HRIS platform is a plus.

Strongly Preferred:

  • Bilingual French and English

Company Overview

Discover Reinsurance - https://www.rgare.com/our-company/about-rga

Our history, purpose, partnership, reinsurance, RGA Central (client portal), industry recognition, and risk assessment.

Discover Your Purpose - https://www.rgare.com/careers/careers-overview

Join a community of people driven by the same purpose: to make financial protection accessible to all. What we do, work life worldwide, culture and purpose, diversity, equity and inclusion, career development, benefits, and balance, and becoming a candidate.

Discover RGA - https://www.rgare.com/

Reinsurance Group of America – Making financial protection accessible to all, solutions for every situation, RGA Knowledge Center, global insight locally delivered, our responsibility at RGA, newsroom, and policy and governance.

Required profile

Experience

Level of experience: Expert & Leadership (>10 years)
Industry :
Insurance
Spoken language(s):
EnglishEnglishFrench
Check out the description to know which languages are mandatory.

Other Skills

  • Analytical Thinking
  • Organizational Skills
  • Problem Solving
  • Decision Making
  • Microsoft Excel
  • Verbal Communication Skills
  • Detail Oriented

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