AVP, Compensation

Reposted 2 Days Ago
Be an Early Applicant
3 Locations
In-Office
210K-250K Annually
Senior level
Financial Services
The Role
The AVP, Compensation leads compensation strategy alignment with business needs, oversees incentive plans, and guides senior leaders. Responsibilities include market benchmarking and managing a compensation team.
Summary Generated by Built In

Job Description:

Pacific Life is seeking a strategic and consultative leader to serve as the AVP, Compensation, with a Business‑Aligned focus. This role leads the translation of enterprise compensation strategy into division‑specific programs and practices, serving as the primary compensation partner for business leaders and HR Business Partners globally. The AVP ensures programs are market‑competitive, governed consistently, executed flawlessly, and tailored to the needs of each division while maintaining alignment with global enterprise standards. This role can be located in one of our office location: Newport Beach, CA, Omaha, NE or Charlotte, NC.

What You’ll Do:
Lead Compensation Strategy for Divisions and Functions
  • Define and execute division and function -level compensation strategies aligned to enterprise objectives, financial plans, and workforce priorities 
  • Lead the compensation advisory team that partners with senior executives and HR Business Partners, influencing high-impact decisions through analytics, market intelligence, and scenario modeling.
  • Establish forward-looking roadmaps for base pay, variable compensation, and incentive programs to ensure scalability, competitiveness, and governance.
Design Performance-Driven Incentives
  • Oversee the strategic design of sales incentive programs that reinforce business performance metrics and pay-for-performance principles.
  • Translate business goals into compensation structures that drive measurable outcomes while maintaining appropriate risk balance.
Oversee Annual Compensation Planning
  • Lead strategy for division-level execution of merit, promotion, and variable pay cycles, ensuring accuracy, transparency, fiscal discipline, and employee trust.
  • Evaluate plan effectiveness and recommend enhancements based on performance distribution, cost modeling, and workforce insights.
Build & Develop a High-Impact Team
  • Lead and develop a high-performing team of compensation professionals.
  • Elevate team capabilities in analytics, executive advisory skills, and solution design.
  • Foster a culture of accountability, inclusion, and continuous improvement.
What You Bring:
  • Bachelor’s degree in Human Resources, Business, Finance, Economics, or related field; advanced degree and/or CCP preferred.
  • 10+ years of progressive compensation experience with substantial business partnership responsibilities, including at least 5 years in a leadership role.
  • Deep expertise in enterprise compensation strategy, including base and variable pay design.
  • Experience advising senior leaders on complex pay decisions tied to business performance.
  • Strong analytical capability with experience leveraging market data and financial modeling.
  • Demonstrated ability to translate business strategy into scalable compensation solutions.
  • Proven leadership experience developing high-performing teams.
  • Knowledge of regulatory and governance requirements across compensation programs.

Base Salary Range:

$210,000 - $250,000

#LI-JS1

Base Pay Range:

The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

Your Benefits Start Day 1  
 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

  • Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents

  • Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off

  • Paid Parental Leave as well as an Adoption Assistance Program

  • Competitive 401k savings plan with company match and an additional contribution regardless of participation

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

Top Skills

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The Company
HQ: Newport Beach, CA
3,447 Employees
Year Founded: 1868

What We Do

For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2022 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com.

Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2022 is compiled by Pacific Life using the 2022 FORTUNE 500® list.

Learn more about Pacific Life:
www.instagram.com/pacificlife
www.twitter.com/pacificlife
www.facebook.com/PacificLife
www.youtube.com/user/PacificLifeInsurance

Please review our social media guidelines: paclife.co/social

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