Sr Exec Compensation Consultant
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Salary Range: $80,000 - $185,000 Remote/Hybrid/On-Site: Hybrid We’ve Got You Under Our Wing We are the duck. We develop and empower our people, cultivate relationships, give back to our community, and celebrate every success along the way. We do it all…The Aflac Way. Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized as Fortune’s 50 Best Workplaces for Diversity and as one of World’s Most Ethical Companies by Ethisphere.com. Our business is about being there for people in need. So, ask yourself, are you the duck? If so, there’s a home, and a flourishing career for you at Aflac. What does it take to be successful at Aflac? Acting with Integrity Communicating Effectively Pursuing Self-Development Serving Customers Supporting Change Supporting Organizational Goals Working with Diverse Populations What does it take to be successful in this role? • Microsoft Word: Intermediate • Microsoft Excel: Intermediate • PowerPoint: Intermediate • Understanding of the financial and legal requirements related to total rewards for executives • Strong analytical skills and aptitude for systems • Excellent written and oral communications, presentation, and interpersonal skills • Demonstrated experience managing or facilitating projects • Strong ethics and the ability to maintain confidentiality • Ability to work under pressure to meet deadlines Education & Experience Required Bachelor’s Degree in Accounting, Business Administration, Finance, or a related field Ten years of professional job related work experience with focus on executive compensation Or an equivalent combination of education and experience Education & Experience Preferred CPA or CMA certifications or equivalent training Accounting experience with large qualified pension plans Principal Duties & Responsibilities • Administer the design, development, and implementation of executive and equity compensation programs including total rewards' strategy, competitive benchmarking, annual and long-term incentive plan design, employment contract review, overall competitive pay analysis and executive pay-for-performance alignment • Develops analytical and reporting documents for the Compensation Committee meetings; assists with preparation and coordination of materials for Compensation Committee meetings, including supporting documentation • Collaborates with legal, finance, tax and outside advisors in the preparation of annual proxy statements and other public filings • Assists with the administration of executive benefit programs including deferred compensation, SERPs, perquisites, executive severance and other related programs • Collects and analyzes workforce data for compensation trends, effectiveness, efficiency, and reporting requirements; monitors effectiveness of executive compensation systems and recommends enhancements; prepares business cases and supporting analytics for compensation initiatives • Assists and reviews the quarterly restricted stock processes • Manages the annual stock grant processes • Assists in the management of the annual cash incentive plan and system set-up, maintenance of plans during the year, and payment after year-end • Leads year-end performance evaluation process for executives • Reviews the monthly pension journal entries • Coordinates pension and non-qualified pension valuations, obtaining and understanding actuarial assumptions, providing information needed for valuations and various filings, and managing the timeline for completion of the valuation • Reviews the U.S. GAAP and Statutory financial statement disclosure requirements for the defined benefit retirement plans • Coordinates benefit disbursements and assets for all non-qualified plans; coordinates regular retirement reporting from all third parties and trustees • Reviews deferred compensation plan reconciliation to general ledger monthly • Coordinates incoming requests related to audit support for U.S. GAAP and Statutory financials for the defined benefit retirement plans • Actively monitors the accounting and regulatory rule-making process related to defined benefit retirement plans; communicates changes to management; and implements new regulatory requirements for defined benefit plans • Provides support to executive level employees on a regular basis; solves problems effectively and communicates with all internal and external customers to ensure requests are handled efficiently • Recommends process or procedure changes to allow for more efficient operations; resolves questions and problems or provides advice and/or direction to team members when the resolution to issues are not covered in the department’s procedure or policy guides • Performs other related duties as required Total Rewards This compensation range is specific to the job level and takes into account the wide range of factors that are considered in making compensation decisions including, but not limited to: education, experience, licensure, certifications, geographic location, and internal equity. The range has been created in good faith based on information known to Aflac at the time of the posting. Compensation decisions are dependent on the circumstances of each case. This salary range does not include any potential incentive pay or benefits, however, such information will be provided separately when appropriate. The salary range for this position is $80,000 - $185,000. In addition to the base salary, we offer an array of benefits to meet your needs including medical, dental, and vision coverage, prescription drug coverage, health care flexible spending, dependent care flexible spending, Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee), 401(k) plans, annual bonuses, and an opportunity to purchase company stock. On an annual basis, you’ll also be offered 11 paid holidays, up to 20 days PTO to be used for any reason, and, if eligible, state mandated sick leave (Washington employees accrue 1 hour sick leave for every 40 hours worked) and other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being. Aflac complies with all applicable leave laws, including, but not limited to sick and safe leave, and adoption and parental leave, in all states and localities.