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Compensation, Senior Specialist / Analyst

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.

Role / Responsibilities:

Program Administration

  • Under direction of other compensation resources, conducts job evaluations for non-exempt and exempt positions

  • Matches NM jobs to the external labor market to ensure we have solid benchmarks

  • In partnership with Compensation Consultant, participates in salary surveys, analyzes the results, communicates, explains outcomes and identifies new data sources to consider.

  • Primary liaison for market pricing system vendor.

  • Prices jobs, analyzes alternatives, and recommends solutions that balance the needs of the client and the policies of the organization

  • Manages less complex compensation programs as program owner

  • Monitors job profiles, including vacant job profiles, missing fields, missing job descriptions and partners with members of compensation team to address.

Planning and Administration

  • Administers compensation-related Workday tasks

  • Administers and coordinates compensation unit planning and deliverables

  • Manages and coordinates of annual compensation program timeline(s)

  • Coordinate compensation unit communications and training

  • Manages compensation DC pages partnering with communications and compensation team ensuring up-to-date content

Additional responsibilities:

  • Conducts research and communicates results to appropriate parties.

  • Actively participates on the HR client team as needed. Partners with other client team members to ensure work efforts across divisions are coordinated and lines of communication remain open.

  • In partnership with more experienced compensation staff, works with Departments regarding reorganization of work groups and individual job design in order to enhance job architecture and other compensation-related outcomes.

Our Ideal Candidates Will Have:

  • Bachelor's degree in business or related field with course work in statistics or equivalent.

  • Minimum of two years’ experience in compensation, HR, accounting, finance or a related field.

  • Analytical and problem-solving skills; ability to make decisions when dealing with complex information and concepts.

  • Demonstrated experience with HRIS compensation-related functions/operations, Workday preferred

  • Strong organizational skills, with the ability to independently set priorities, manage multiple assignments and meet deadlines

  • Ability to work with general direction to scope, plan and manage cross-department or multi-department projects

  • Demonstrated experience/knowledge in processes and project management to include analysis and documentation

  • Demonstrated ability to lead and manage low- to mid-complexity assignments

  • Extensive experience and proficiency using Excel is required

  • Demonstrated superior interpersonal skills; ability to impart technical concepts, gain rapport and persuade when dealing with all levels of employees

  • Demonstrated strong written/oral communication skills in a business or technical environment

  • High degree of personal initiative and motivation

  • Ability to interpret the union contract and federal legislation related to compensation matters, preferred

#LI-POST

#IN-POST

This job is not covered by the existing Collective Bargaining Agreement.

Required Certifications:

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We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.


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We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.