Director of Incentives & Compensation

Location(s)

P&C-Butterfield Road-Downers Grove-IL-AAC

Details

Kemper is one of the nation’s leading specialized insurers. Our success is a direct reflection of the talented and diverse people who make a positive difference in the lives of our customers every day. We believe a high-performing culture, valuable opportunities for personal development and professional challenge, and a healthy work-life balance can be highly motivating and productive. Kemper’s products and services are making a real difference to our customers, who have unique and evolving needs. By joining our team, you are helping to provide an experience to our stakeholders that delivers on our promises. 

Position Summary

The Director of Incentives and Compensation will be responsible for leading the design, implementation, and management of incentive compensation programs, serving as the strategic compensation partner for the Life Insurance Business and supporting the executive compensation strategies to ensure they align with the company's business objectives and attract, retain, and motivate Kemper’s talent. This role will provide strategic guidance on incentive plan design and governance as well as executive pay programs and other executive benefits. The Director will also ensure that all compensation programs are compliant with regulations and competitive within the industry.

Position Responsibilities

•  Serve as a strategic advisor to the Life Insurance business leadership, HR, and business leaders on compensation-related issues, ensuring alignment with organizational goals and market competitiveness.
• Lead enterprise-wide compensation planning processes ensuring thoughtful, effective and efficient practices and procedures.
• Design and implement activity-based incentive plans throughout the organization that link employee behaviors to specific business outcomes and strategic objectives. These plans should drive performance improvements and align employee incentives with company goals.  Work with leadership and cross-functional teams to define the key activities that will be rewarded and ensure these plans are measurable, scalable, and impactful.
• Regularly evaluate the effectiveness of activity-based incentive plans, ensuring they motivate the right behaviors and support overall business performance.
• Lead implementation, and administration of executive compensation programs, including base salary, short-term and long-term incentives, equity compensation, and executive benefits. Regularly benchmark executive pay against market data to ensure competitiveness.
• Prepare materials, presentations, and analysis for Senior Leaders and Compensation Committee and Board of Directors. Provide recommendations on executive compensation policies, trends, and regulatory compliance.
• Stay informed about industry trends and competitive compensation practices. Conduct market analysis and benchmarking to ensure compensation programs remain competitive and aligned with industry standards.
• In coordination with Legal and Finance, support the preparation and submission of the Proxy Statement including the compensation related disclosures and tables, ensuring compliance with SEC regulations and accuracy in reporting executive compensation data.
• Work closely with senior leadership, legal, finance, and HR teams to ensure that compensation programs support business objectives and reflect company priorities. Partner with finance and accounting teams to manage the accounting and reporting of compensation programs.
•  Initiate various analyses, projects and the design of new or special compensation programs to address market and business needs
• The ideal candidate must also collaborate well with partners and demonstrate a passion for producing results and getting things done both efficiently and effectively. The incumbent must also display confidence and accountability to accomplish business goals, and demonstrate resilience in the face of challenges

Position Qualifications

• 8+ years of experience in consulting or compensation-related experience (incentive and executive compensation experience is preferred)
• Bachelor's degree in Business Administration, Economics, Finance, Human Resources, or related discipline preferred
• Strong analytical decision-making skills
• Strong communicator and adept at conveying technical compensation concepts in accessible ways that resonate across functions and levels
• Knowledge of all federal, state, and local regulations and compliance requirements related to U.S. compensation standards and principles
• Thrives working in a fast-paced environment with quickly changing business needs
• Ability to manage multiple projects and priorities
• High amounts of intelligence and integrity.
• Advanced Excel skills preferred
• Sponsorship is not accepted for this opportunity
• The range for this position is $125,300 to $208,800. When determining candidate offers, we consider experience, skills, education, certifications, and geographic location among other factors.  This job is eligible for an annual discretionary bonus and Kemper benefits (Medical, Dental, Vision, PTO, 401k, etc.)  
• This role will be located in our Downer’s Grove, IL office. 
   

Kemper is proud to be an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, disability status or any other status protected by the laws or regulations in the locations where we operate. We are committed to supporting diversity and equality across our organization and we work diligently to maintain a workplace free from discrimination. Kemper is focused on expanding our Diversity, Equity and Inclusion efforts to align with our vision, mission, and guiding principles.  Kemper does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Kemper and Kemper will not be obligated to pay a placement fee.

Kemper will never request personal information, such as your social security number or banking information, via text or email.  Additionally, Kemper does not use external messaging applications like WireApp or Skype to communicate with candidates.  If you receive such a message, delete it.  
 

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