Executive Compensation Consultant (Chattanooga only-in office)

Posted Yesterday
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Chattanooga, TN
53K-96K Annually
3-5 Years Experience
Insurance
The Role
The Executive Compensation Consultant will manage day-to-day operations of stock data for Unum, which includes tracking, auditing and reporting on stock plans, working closely with vendors and internal departments, and ensuring data integrity. Responsibilities also include grant delivery, communication with employees regarding tax elections, budget preparation, and oversight of global employee stock purchase plans.
Summary Generated by Built In

When you join the team at Unum, you become part of an organization committed to helping you thrive.

Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life’s moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide: 

  • Award-winning culture 

  • Inclusion and diversity as a priority 

  • Performance Based Incentive Plans

  • Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability 

  • Generous PTO (including paid time to volunteer!) 

  • Up to 9.5% 401(k) employer contribution 

  • Mental health support 

  • Career advancement opportunities 

  • Student loan repayment options 

  • Tuition reimbursement

  • Flexible work environments 

*All the benefits listed above are subject to the terms of their individual Plans.

And that’s just the beginning…

With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you’re directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today! 

General Summary:This position requires contact with various vendors and employees of Unum and its subsidiaries, and is responsible for accurately tracking, auditing, and reporting of stock data. This will require an understanding of the stock plan vendor’s platform as well as Workday. This position is responsible for the day-to-day management of Unum’s data on the vendor’s platform, including establishment of new plans, indicative data files, loading of grant files and ad-hoc changes, plan rule changes, corporate actions, stock purchase plans, vesting events, review of custody accounts, and financial reporting data. You will partner closely with Legal, Finance, Tax, Information Technology, HRIS and the Payroll areas.

Principal Duties and Responsibilities

  • Primary contact for Stock Plan Administrator and responsible for day-to-day management of service delivery.
  • Manage the grant delivery, vest, and ongoing support of Board of Director and Global Long-Term Incentive (LTI) plans (U.S., U.K., Ireland, and Poland)
  • Responsible for the communication, collection of tax elections and payroll processing of FICA taxes for U.S. employees with LTI who meet retirement eligibility under the Stock Plans.
  • Responsible for the management of global employee stock purchase plans. This includes a review of the Employee Stock Purchase Plan (ESPP) contributions and refunds on a bi-weekly basis, review and approve quarterly ESPP purchase estimates and managing the annual Sharesave offering and maturity purchase processes.
  • Monitor Stock Plan authorized share counts and reconcile to share reserves; ensure share requests are taken from the appropriate Plan Reserve.
  • Ensure integrity of data and appropriate controls are in place and conduct periodic audits, which includes annual Fidelity SOC1 reviews. Conduct monthly LTI reconciliations of expense going into ledger.
  • Prepare annual LTI expense budget, payout estimate and stock usage projections.
  • Partner with Information Technology and/or HRIS to implement process or plan changes, e.g., file feed changes, LTI target or eligibility rule changes.
  • Prepare equity plan reports for the Human Capital Committee, e.g., share usage, annual expense, 10b5-1 plans, stock purchase plan utilization, etc.
  • Provide reports and/or vendor report access to the Finance, Payroll, and Tax areas as required. Provide reports for Proxy Statement reporting.
  • Perform other duties as required.

Job Specifications

  • Bachelor’s degree in accounting or finance preferred or relevant work experience required
  • 3-5 years of relevant executive compensation experience
  • High level of interpersonal skills and ability to communicate with all levels of employees and business/affiliate Heads (domestic and international)
  • Self-motivated, able to work with high degree of autonomy
  • Strong computer literacy skills a must (Excel, Word, PowerPoint)
  • Accuracy and attention to detail; excellent organizational skills, effective written and verbal communication skills
  • Data management, systems background
  • Ability to manage multiple priorities simultaneously
  • Work schedule flexibility during critical deadline periods
  • Knowledge in accounting and tax preferred.

~IN1

#LI-CM1

Unum and Colonial Life are part of Unum Group, a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga, TN, with international offices in Ireland, Poland and the UK, Unum also has significant operations in Portland, ME, and Baton Rouge, LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia, SC, with over 40 field offices nationwide.

The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description, actual pay will be based on skill, geographical location and experience.

$53,300.00-$95,900.00

Additionally, Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health, vision, dental), insurance benefits (short & long-term disability), performance-based incentive plans, paid time off, and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not. All benefits are subject to the terms and conditions of individual Plans.

Company:

Unum

Top Skills

Workday
The Company
HQ: Dorking
9,536 Employees
On-site Workplace

What We Do

Unum is a company of people serving people. A Fortune 500 company, we help millions of people gain affordable access to disability, life, accident, critical illness, dental and vision benefits through the workplace — benefits that help them protect their families, their finances and their futures. Our products and services meet the needs of a diverse workforce that includes four generations, growing ethnic diversity and changing family dynamics.

A strong commitment to social responsibility is one of Unum's core values. In fact, we place particular emphasis on contributing to positive change in the communities in which we live and work. Helping our communities become better is a natural extension of the commitment we make each and every day to our customers — to help employers manage their businesses and employees protect their families and livelihoods.

We look forward to sharing industry news, community involvement, recognition and other info we hope you find interesting and informative. We encourage your comments and feedback so we can be a valuable resource for you and get to know you a little better.

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