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Lead Compensation Analyst

The work we do has an impact on millions of lives, and you can be a part of it.

We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most.


At Protective, our employees are our greatest asset. We know that investing in our employees is an investment in Protective’s success and strive to provide a seamless employee experience so they can concentrate on utilizing the skills for which they were hired.


Protective is hiring a senior level compensation professional to help support the compensation programs at the company.  Reporting to the VP, Head of Compensation and Benefits, the successful candidate will play an important role in administering Protective’s compensation programs.   


Responsibilities:
  • Develop and execute comprehensive compensation strategies that support the company's objectives and attract, retain, and motivate top talent.
  • Design and manage executive compensation programs, including base salary, bonuses, and long-term incentives.  Maintain and update, as needed, company Career Framework.
  • Provide compensation analysis and integration support during mergers and acquisitions, ensuring seamless transition and alignment with company policies.
  • Conduct market research and benchmarking to ensure competitive compensation practices. Analyze compensation trends and provide recommendations for adjustments.
  • Work closely with HR partners and senior leaders to ensure alignment and integration of compensation programs with overall business strategies.
  • Prepare detailed reports and presentations for senior management, highlighting key compensation metrics and trends.
  • Support the accounting of compensation programs.
  • Continuously evaluate and improve compensation processes and systems to enhance efficiency and effectiveness.


Skills/Abilities:
  • Strong analytical skills and proficiency in compensation analysis tools and software.
  • Excellent consulting skills and ability to work with senior leaders.
  • Extensive knowledge of human resource laws, regulations and best practices.
  • Excellent written and verbal communication skills.
  • Excellent organizational, project management and time management skills.
  • Proficient with Microsoft Office Suite, HRIS systems, and Accounting systems.


Education and Experience:
  • Bachelor’s degree in business, accounting, human resources or related field preferred.
  • HR Certification (i.e., CCP, SHRM-CP or SHRM-SCP) preferred
  • Minimum of 7-10 years of experience in compensation analysis, with a focus on executive compensation and mergers & acquisitions
  • Experience administering long-term incentive plans for a non-public company preferred
  • Experience working with an organization Career Framework preferred
  • Experience implementing and working with Compensation Administration Software Preferred
  • #LI-VG1


$97,500 - $149,500 a year
Protective’s targeted salary range for this position is $97,500 to $149,500. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of Protective’s total compensation package for employees.

This position also offers additional incentive opportunities through an annual incentive based on individual and Company performance.

Employee Benefits:  

We aim to protect our employees' wellbeing through a broad benefits offering. For example, we protect physical wellbeing through health, dental and vision insurance. We protect mental wellbeing through mental health benefits and an employee assistance program. We protect time away from work with a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). We protect financial wellbeing through contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards.  

 

Eligibility for certain benefits may vary by position in accordance with the terms of the Company’s benefit plans.


Diversity and Inclusion:

At Protective, we are committed to providing an inclusive culture where all employees are able to fully contribute and thrive. Our goal is to grow and develop our people, attract diverse talent and support strong, diverse communities.


We support diversity, equity, and inclusion by working to develop a culture of inclusion and belonging led by leaders who develop potential and embrace all skills and abilities. Our aim is to create an equitable environment for all leaders and employees that will drive performance and impact business strategy. In this way, we can increase overall diversity for leadership roles and pipelines of talent by maturing our hiring practices, robust development opportunities and focus on retention of key talent.


We are proud to be an equal opportunity employer committed to being inclusive and attracting, retaining, and growing the talents of a diverse and inclusive workforce.


Accommodations for Applicants with a Disability:

If you require an accommodation to complete the application and recruitment process due to a disability, please email martina.winston@protective.com.This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  General employment questions should not be sent through this process.

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What You Should Know About Lead Compensation Analyst, Protective

Join Protective as a Lead Compensation Analyst and make a real difference in the lives of millions. We are committed to protecting our customers against life’s uncertainties, and your role will be pivotal in shaping our compensation programs to attract and retain top talent. As a senior-level compensation professional, you will work directly with the VP of Compensation and Benefits to design and implement comprehensive strategies that align with Protective’s objectives. You’ll be diving into executive compensation programs, managing everything from base salary to long-term incentives, while ensuring that our company’s Career Framework is relevant and current. Your analytical skills will shine as you conduct market research and provide insights that inform our compensation structure, ensuring that we stay competitive in the market. Collaborating with HR partners and senior leaders, you will integrate compensation initiatives with our business strategy while preparing detailed reports for senior management. Your input will help enhance our processes, ensuring that our compensation systems run smoothly and efficiently. If you’re ready to take on a challenging yet rewarding role, we invite you to bring your experience and insights to our team at Protective!

Frequently Asked Questions (FAQs) for Lead Compensation Analyst Role at Protective
What are the key responsibilities of a Lead Compensation Analyst at Protective?

As a Lead Compensation Analyst at Protective, you will develop comprehensive compensation strategies aligned with the company's objectives, manage executive compensation programs, conduct market research, and analyze compensation trends. You will also work closely with HR and senior leaders to ensure alignment of compensation initiatives with overall business strategies.

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What qualifications are necessary for becoming a Lead Compensation Analyst at Protective?

To become a Lead Compensation Analyst at Protective, candidates should possess a Bachelor’s degree in business, accounting, human resources, or a related field, along with HR certifications such as CCP, SHRM-CP, or SHRM-SCP preferred. A minimum of 7-10 years of experience in compensation analysis, particularly focusing on executive compensation and mergers & acquisitions, is essential.

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How does Protective’s compensation program support employee retention?

Protective’s compensation program is designed to attract, retain, and motivate top talent through comprehensive strategies that include competitive salaries, bonuses, and long-term incentives. By continuously analyzing compensation trends, we ensure our offerings remain competitive in the market, which significantly supports employee retention.

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What skills are essential for the Lead Compensation Analyst role at Protective?

Essential skills for the Lead Compensation Analyst role include strong analytical abilities and proficiency in compensation analysis tools, excellent consulting skills to work effectively with senior leaders, extensive knowledge of HR laws and best practices, outstanding communication skills, and proficiency in project management.

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What is the salary range for the Lead Compensation Analyst position at Protective?

The targeted salary range for the Lead Compensation Analyst position at Protective is between $97,500 and $149,500 per year. Actual salaries may vary based on factors such as job location, skills, and experience, reflecting our commitment to a competitive compensation package.

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Common Interview Questions for Lead Compensation Analyst
Can you explain your experience with designing executive compensation programs?

When asked about designing executive compensation programs, you should highlight specific examples from your past roles. Discuss how you have structured base salaries, bonuses, and long-term incentives, focusing on alignment with overall company goals and market standards.

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What methods do you use for market research in compensation analysis?

In response to questions about market research methods, explain how you utilize compensation surveys, benchmarking against industry standards, and analysis of competitor offerings. Highlight your analytical techniques for ensuring relevance and accuracy in the data.

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How do you ensure that your compensation strategies align with company objectives?

To ensure alignment of compensation strategies with company objectives, discuss your collaborative approach with HR and senior management. Stress the importance of understanding business goals and adjusting compensation practices to motivate employees in alignment with those goals.

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Describe a time when you had to provide compensation analysis during a merger or acquisition.

When discussing your experience during mergers or acquisitions, share a specific example where you contributed to analyzing and integrating compensation programs. Explain the challenges you faced and how your analysis supported a seamless transition.

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What compensation analysis tools and software are you familiar with?

Be ready to discuss the tools and software you have used for compensation analysis, such as HRIS systems and compensation administration software. Provide insights into how these tools have aided your analysis and reporting functions.

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How do you communicate compensation changes to employees effectively?

For this question, emphasize your communication skills. Discuss strategies for clearly explaining compensation changes, including one-on-one meetings, presentations, and written communications that address employee concerns and highlight benefits.

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What approach do you take to stay updated on compensation trends?

Mention your commitment to continuous learning by subscribing to industry publications, attending conferences, and participating in networking opportunities. Share how you implement gained insights into your current strategies.

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How do you handle discrepancies in compensation data?

When addressing discrepancies in compensation data, explain your analytical approach to identifying issues, verifying data against multiple sources, and collaborating with relevant departments to resolve concerns promptly.

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Can you discuss your experience with long-term incentive plans?

Discuss your experience managing long-term incentive plans, detailing your responsibilities in structuring these plans and assessing their effectiveness in achieving retention and performance goals.

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What role does diversity and inclusion play in developing compensation programs?

Highlight the importance of diversity and inclusion in your compensation strategies. Discuss how equitable pay practices are crucial for attracting and retaining diverse talent, and how you ensure that compensation programs reflect these values.

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Founded in 1907, Protective Life is a financial service holding company that specializes in full life insurance. Protective Life is located in Alabama.

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Full-time, remote
DATE POSTED
April 19, 2025

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