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Director of Incentives & Compensation

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Kemper

26d ago

  • Job
    Full-time
    Senior Level
  • People, HR & Administration
    Business, Operations & Strategy
  • Downers Grove
  • Quick Apply

AI generated summary

  • You need 8+ years in compensation, a relevant degree, strong analytical and communication skills, regulatory knowledge, project management abilities, and advanced Excel skills.
  • You will advise leadership on compensation strategies, design incentive plans, evaluate effectiveness, manage executive pay, ensure compliance, and analyze market trends to align with business goals.

Requirements

  • 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

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.

FAQs

What is the location for the Director of Incentives & Compensation position?

The position is located at Kemper's office in Downers Grove, IL.

What qualifications are required for this role?

The ideal candidate should have 8+ years of experience in consulting or compensation-related experience, a Bachelor's degree in Business Administration, Economics, Finance, Human Resources, or a related discipline preferred, and strong analytical decision-making skills.

Are there any specific skills required for this position?

Yes, strong communication skills, knowledge of federal, state, and local compensation regulations, the ability to manage multiple projects, and advanced Excel skills are preferred.

What is the salary range for this position?

The salary range for the Director of Incentives & Compensation position is $125,300 to $208,800, which may vary based on experience, skills, education, and geographic location.

Is there a bonus structure associated with this position?

Yes, this job is eligible for an annual discretionary bonus along with Kemper benefits, including Medical, Dental, Vision, PTO, and 401k.

Is sponsorship available for this position?

No, sponsorship is not accepted for this opportunity.

What kind of work culture can candidates expect at Kemper?

Kemper promotes a high-performing culture, opportunities for personal development, professional challenges, and a healthy work-life balance.

What responsibilities will the Director of Incentives & Compensation have?

Responsibilities include leading the design and implementation of incentive compensation programs, advising business leadership on compensation-related issues, evaluating the effectiveness of incentive plans, and preparing materials for senior leaders and boards.

Does Kemper support diversity and inclusion in the workplace?

Yes, Kemper is committed to supporting diversity, equity, and inclusion across the organization and works diligently to maintain a workplace free from discrimination.

How can candidates apply for this position?

Candidates can apply through Kemper's official job posting channels, ensuring they do not submit unsolicited resumes through search firms or staffing agencies.

Affordable protection in an ever-changing world.

Finance
Industry
5001-10,000
Employees
1990
Founded Year

Mission & Purpose

The Kemper family of companies is one of the nation’s leading specialized insurers. With approximately $13 billion in assets, Kemper is improving the world of insurance by providing affordable and easy-to-use personalized solutions to individuals, families and businesses through its Auto, Personal Insurance, and Life brands. Kemper serves over 4.9 million policies, is represented by approximately 26,000 agents and brokers, and has approximately 8,800 associates dedicated to meeting the ever-changing needs of its customers.