COMPENSATION CONSULTING DIR

CNA has provided essential insurance to businesses for more than 100 years. We are respected worldwide as experts in understanding risks with an innovative portfolio of products and services.


 


CNA products include standard commercial lines, specialty lines, surety, marine and other property-casualty coverages. CNA services include risk management, information services, underwriting, loss control and claims administration.


 


Our comprehensive approach to insurance opens doors to an array of career opportunities. We offer an environment that challenges you to learn, to use your imagination and to gain professional qualifications in a company where you are part of a team pursuing common goals.


 


Senior-level technical expert consulting on complex compensation issues for assigned client groups and business units. Directs large business-specific and/or corporate-wide compensation projects and initiatives, and ensures adherence to strategic goals, consistent application of corporate compensation policies and compliance with employment laws and regulations. May have company-wide scope of responsibility in a specialty area.


 


Performs a combination of the following duties according to departmental guidelines:


1. Directs large business-specific and/or corporate-wide compensation projects and initiatives, and ensures adherence to strategic goals, consistent application of corporate compensation policies and compliance with employment laws and regulations.


2. Identifies, recommends, develops, and implements compensation programs, processes, guidelines and policy to address business needs (e.g., salary structures, custom surveys, incentive plans, executive compensation plans, etc.).


3. Directs the work activities of assigned staff, recommends training and development assignments and completes performance evaluations. Participates in hiring process.


4. Develops and maintains vendor and client relationships, and serves as compensation account manager to internal clients.


5. Consults on or manages the most complex, high-visibility, compensation issues and makes recommendations to management, generalists and other business partners.


6. Makes presentations to client groups regarding compensation programs and initiatives.


7. Acts as technical expert, in a specialty area, to compensation staff and others within the organization, (i.e., executive compensation, broad-based pay programs, incentive compensation).


8. Directs the design, implementation, administration and maintenance of compensation software applications, and trains clients in the use of compensation management and software applications.


9. Stays up-to-date on trends and developments within the compensation function, as well as the insurance industry.


 


Additional Responsibilities:


1. Participates and may represent company at compensation association and industry functions.


2. Performs other essential duties as assigned.


 


Knowledge, Skills and Abilities


1. Senior level technical knowledge of compensation theory, practices and applicable laws.


2. Strong working knowledge of financial theory/concepts including an understanding of the financial statement and impacts of compensation programs etc.


3. Strong knowledge of human resources theory, practices and applicable laws.


4. Strong knowledge of the organization's practices and procedures, the insurance industry, the client group and the client's business.


5. Ability to manage a team through the use of group dynamics while encouraging creativity and innovation.


6. Ability to design and develop compensation practices and programs to support strategic business goals.


7. Excellent interpersonal, communication, consulting, and presentation skills. Ability to effectively interact with all levels of internal and external business partners.


8. Solid influencing, negotiation and facilitation skills with the ability to foster and maintain collaborative relationships with customers, peers subordinates and other members of management


9. Expert in administration of existing compensation software applications.


10. Excellent project management, organizational, analytical, planning, and problem-solving skills.


11. Must be results oriented.


12. Knowledge of Microsoft Office Suite, as well as other business related software.


 


Education and Experience:


1. Master's degree, or equivalent. Professional designation (CCP) preferred.


2. Minimum ten years related work experience with demonstrated proficiency in required compensation skills and abilities.


 


One of the many advantages of working at CNA is the exceptional benefit program which includes: medical, dental, vision, Savings and Accumulation Plan (S-CAP) with company contributions, prescription drug plan, flexible spending accounts, sick and disability benefits, life insurance, tuition reimbursement, a business casual dress code, and an Employee Assistance Program (EAP).


 


CNA is an Equal Opportunity Employer committed to a diverse work culture, M/F/D/V. Listed duties, responsibilities, requirements and functions are not meant to be all inclusive.


 


For more information on CNA, please visit our web site at