AVP Compensation

| Chicago, IL
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Job Summary
Officer position responsible for the direction and management of the company's compensation function including the planning, design, development, and implementation of compensation programs including job evaluation, wage & salary management programs, annual & long-term incentive programs, equity compensation plans, deferred compensation plans, and perquisites.
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
  1. Implements strategic objectives with significant impact on the short-term success of broad-based and executive compensation programs.
  2. Directs and manages design planning administration communication and processing of all aspects of the compensation program for the company. Oversees and directs administration of long-term Incentive cash plan stock option restricted stock stock purchase plan and special deferral supplemental retirement programs and employment contracts for officers. Also responsible for overseeing ex-pat compensation administration.
  3. Supports the development of the Incentive Compensation Committee meeting materials.
  4. Leads large business-specific and/or corporate-wide compensation projects and on-going initiatives such as the rollout of new short or long-term compensation plans market pricing and job evaluation.
  5. Oversees and directs all relevant regulatory/compliance activities and company exposure related to compensation including but not limited to tax accounting legal matters financial reporting governance regulatory issues and trends.
  6. Maintains effective working relationships with senior business leaders across human resources legal tax and accounting functions. Works with outside consultants to ensure cost-effective services.
  7. Leads directs and has full management accountability for staff in area of responsibility with an emphasis on talent management and succession planning in accordance with corporate strategic direction.

May perform additional duties as assigned.
Reporting Relationship
Typically VP and above
Skills Knowledge and Abilities
  1. In-depth technical knowledge of compensation theories and principles compensation program design (including base annual and long-term incentives executive compensation relevant tax accounting legal and regulatory issues) as well as other reward plans HR and compensation applications and broad understanding of the critical issues in other related areas such as executive compensation human resources theories and applicable laws.
  2. Ability to effectively communicate with all levels of external and/or internal business partners within scope of responsibility team and/or matrix environment.
  3. Leadership and management skills demonstrating integrity and professionalism.
  4. Ability to drive results by identifying and resolving significant problems within scope of responsibility.
  5. Knowledge of the insurance industry its products and services.
  6. Knowledge of Microsoft Office Suite and other business-related software.

Education and Experience
  1. Bachelor's degree with Master's preferred in business finance human resources or a related discipline or equivalent.
  2. Typically a minimum of ten years of related compensation work experience with five years management experience. Experience should include design development and implementation of short and long-term incentive programs.
  3. Applicable certifications preferred i.e. Certified Compensation Professional (CCP).
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What are CNA Perks + Benefits

CNA Benefits Overview

One of the many advantages of working at CNA is the benefits program we offer you and your eligible dependents,
beginning on the first day of your employment. The program features a variety of plans that provide health care
benefits, well-being, disability and survivor protection, and 401(k) savings, among others. Below are highlights
of the offerings.

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Open door policy
Team owned deliverables
Group brainstorming sessions
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Someone's primary function is managing the company’s diversity and inclusion initiatives
Diversity Employee Resource Groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Relocation Assistance
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Diversity Program
Lunch and learns
Online course subscriptions available
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