The Executive Compensation Consultant is responsible for compensation consulting, administration, and analysis of Thrivent’s compensation programs for executive-level roles.
This role is also responsible for the preparation and review of materials for the board of directors supporting executive compensation and incentive plan designs and results.
In addition, this role has the responsibility for creating customized incentive plans, determining appropriate pay levels and components, resolving complex compensation issues, and preparing both management and board level reports.
May also provide day-to-day compensation support to a division or department.
*This role may sit remote in the US.
DUTIES & RESPONSIBILITIES:
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Partner with Total Rewards leaders to design and develop a market-based total rewards package for executives to attract, motivate, reward, & retain.
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Administration of Thrivent’s executive compensation programs to ensure all transactions are processed accurately and in timely.
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Lead the design and modification of short-term and long-term compensation programs and the associated guidelines, processes, policies and procedures.
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Develop internal communications and materials to educate applicable audiences (both employees and HR Business Partners) on executive compensation programs and Thrivent’s incentive plans
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Partner with HRBPs and Talent Acquisition on proposals for executive new hire offers, promotions, adjustments, and other ad-hoc analysis.
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Prepare materials for Thrivent’s Board of Directors and Human Resource committee meetings including annual incentive and long-term incentive plans including insights, analysis, and recommendations
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Work with Thrivent’s executive compensation board advisors and ensure all materials related to executive compensation are prepared in time for the appropriate committee meetings
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Prepare monthly and annual reporting on annual and long-term incentive plans for finance to ensure accurate forecasting and planning
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Prepare, update, and create plan documents and other communication materials for annual and long-term incentive plans to ensure Thrivent is in compliance with relevant governance and regulatory requirements
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Leverage market data in the consultation and analysis of compensation issues including: analysis of internal and external compensation data, market pricing and evaluating jobs, developing recommendations for new and existing positions across the organization and participating in salary surveys
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Lead cross-functional teams to refine or implement compensation solutions
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May work with HR business partners and Thrivent leaders to proactively understand the talent and reward needs of a division and design/implement solutions to address those needs.
QUALIFICATIONS & SKILLS:
Required:
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Bachelor’s degree
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7+ years compensation experience
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Ability to effectively handle highly confidential compensation and other human resources information
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Experience leading large, complex projects
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Expertise in design/development of compensation solutions/processes
Preferred:
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Master’s degree
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Certified Compensation Professional (CCP) certification
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Accounting or finance background
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Experience working with HRIS systems (e.g. Workday) and market pricing software (e.g. MarketPay)
Pay Transparency
Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $118,105.00 - $159,788.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.
Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.
The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent’s plans/policies are subject to change at any time at Thrivent’s discretion.
Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.
Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to [email protected] or call 800-847-4836 and request Human Resources.
What We Do
At Thrivent, we do work that matters—and we're reimagining financial services in ways that help individuals and communities thrive.
With the belief that money is a tool, not a goal, we help over 2 million clients make the most of all they’ve been given through financial advice, insurance, investments, banking and generosity programs.
As a Fortune 500 company with a 100-year legacy, Thrivent is committed to helping people build their financial futures and live more generous lives in their communities and beyond.
For more information, visit thrivent.com. You can also find us on Facebook, Twitter and Instagram. See our social media privacy policy and page guidelines at thrivent.com/privacyandsocial.
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