At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.
Summary
In partnership with senior members of compensation team, manages compensation programs such as market pricing activities, salary survey administration, Workday advanced comp module management, and annual compensation processes. Manages, supports, and coordinates compensation team projects and processes including data analysis, communications, timelines, and Workday administration.
Primary Duties and Responsibilities
- Participates in salary surveys to maintain current competitive data, analyzes the results, communicates and explains outcomes
- Partners with market pricing system vendor to ensure ease of administration and data validation
- Organizes, reports and analyzes compensation data from internal systems
- Conducts analytical assignments involving the development, implementation and administration of compensation programs
- Supports the annual compensation process including planning, execution and communication
- Administers compensation-related Workday tasks
- Manage Compensation DC pages partnering with communications and compensation teams ensuring up-to-date content
- Coordinate compensation unit communications and training
- Administers and coordinates compensation unit planning and deliverables
- In partnership compensation project leads, manages, and owns projects and components of larger programs
- In partnership with Compensation business consultants, may price jobs, analyzes alternatives, and recommends solutions that balance the needs of the client and the policies of the organizationIn support of others on the compensation team, understand business functions to support job design to enhance job architecture and job leveling.
Qualifications
- Bachelor's degree in business or related field with course work in statistics or equivalent.
- Two years of previous experience in compensation, HR, accounting, finance or a related field.
- Analytical and problem-solving skills; ability to make decisions when dealing with complex information and concepts.
- Demonstrated experience with HRIS compensation-related functions/operations, Workday preferred
- Strong organizational skills, with the ability to independently set priorities, manage multiple assignments and meet deadlines
- Ability to work with general direction to scope, plan and manage cross-department or multi-department projects
- Demonstrated experience/knowledge in processes and project management to include analysis and documentation
- Demonstrated ability to lead and manage low- to mid-complexity assignments
- Extensive experience and proficiency using Excel is required
- Demonstrated superior interpersonal skills; ability to impart technical concepts, gain rapport and persuade when dealing with all levels of employees
- Demonstrated strong written/oral communication skills in a business or technical environment
- High degree of personal initiative and motivation
- Ability to interpret the union contract and federal legislation related to compensation matters
Skills-Proficiency Level:
Compensation Administration - Intermediate
Compensation Analysis - Intermediate
Compensation Communications - Basic
Compensation Programs - Basic
Compensation Strategies - Basic
Incentive Plans - Basic
Job Evaluations - Intermediate
Performance Management - Basic
Salary Surveys - Intermediate
Compensation Range:
Pay Range - Start:
$59,150.00
Pay Range - End:
$109,850.00
Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please click here for additiona l information relating to location-based pay structures.
Grow your career with a best-in-class company that puts our client's interests at the center of all we do. Get started now!
We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.
If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.
FIND YOUR FUTURE
We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.
- Flexible work schedules
- Concierge service
- Comprehensive benefits
- Employee resource groups
What We Do
You’ll Like It Here
At Northwestern Mutual, we believe that our lives and our work matter. And that doing what’s right is good for everyone. We follow through by designing tech that improves the community and cultivating creative ways to make finance accessible anywhere. These guiding principles have allowed our company to grow for more than 160 years.
Here, you’ll be with a team who emphasizes integrity and prioritizes security to design experiences that better everyone. You’ll work in cross functional teams to create optimal solutions that are rooted in innovative strategy and thoughtful execution. And you’re provided development tools and opportunities to become a leader all with the support of a collaborative team. You’ll be surrounded in a culture that values innovation and works to always evolve to stay ahead of trends and client needs.
We are intentional in seeking out team members who will challenge us. Our employees choose us for the career opportunities, commitment to philanthropy and desire to have a meaningful impact in the lives of our clients. You have career passions and goals. We have ambition and opportunity for you to grow your future in tech. Discover today: https://www.northwesternmutual.com/
Why Work With Us
We invest in our people. We know careers are about choices, so we provide intentional opportunity. Here you can build creative ways to make finance accessible anywhere and revolutionize traditional processes. As a mutual company, our focus is our people — whether professional development or investments in the community.
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Northwestern Mutual Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
We offer a flexible, hybrid approach for our employees . Teams are in the office a few days a week and work from home the others.