What are the responsibilities and job description for the Sales Compensation Manager position at Corebridge Financial?
Who We Are
At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.
We Align To a Set Of Values That Are The Core Pillars That Define Our Culture And Help Bring Our Brand Purpose To Life
About The Role
For positions based in Jersey City, NJ, the base salary range is $180,000 - $205,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.
Why Corebridge?
At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.
Benefit Offerings Include
We are an Equal Opportunity Employer
Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com. Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.
We will consider for employment qualified applicants with criminal histories, consistent with applicable law.
To learn more please visit: www.corebridgefinancial.com
Functional Area
HR - Human Resources
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
American General Life Insurance Company
At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.
We Align To a Set Of Values That Are The Core Pillars That Define Our Culture And Help Bring Our Brand Purpose To Life
- We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners
- We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders
- We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future
- We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work
About The Role
- Drive best practices for sales incentive compensation plan design, implementation, and communication ensuring sales incentive compensation plans alignment with business strategy, organizational goals, risk controls, and governance.
- Own the end-to-end process of the Annual Review of all sales plans, components, documents, governance review and communications in partnership with Sales, Risk, Legal, and Compliance.
- Administer all sales incentive compensation plans, ensuring accurate calculation and administration of monthly, quarterly and annual incentive compensation payments and support special sales contest and other ad-hoc requests as needed.
- Act as a strategic partner and SME on all sales compensation matters, demonstrating expertise in plan design, agreements, processes, data sources and industry practices.
- Ensure appropriate application of internal controls, including participation in annual risk review of sales incentive and other compensation plans.
- Provide up-to-date market intelligence on competitive compensation trends and practices.
- Serve as a trusted advisor to HR Business Partners and sales leaders on broad-based compensation related matters including job offers, internal movement, pay recommendations, and job leveling.
- Manage and coordinate participation in salary surveys; analyze market data results to determine competitiveness of overall pay levels.
- Ensure compensation practices are equitable and are in compliance with all applicable laws and regulations.
- Support cross-functional compensation initiatives such as program design or process improvements.
- 10 years of progressive compensation experience with a strong focus on sales incentive plan design and governance.
- Bachelor’s Degree, preferably in Finance, Business, Economics, or Accounting.
- Proven deep understanding of sales compensation and broad-based total compensation programs including base pay, short- and long-term incentives.
- Strong relationship management skills and ability to apply consultative and influencing skills in a business environment.
- Solid understanding of the external competitive market and the regulatory and compliance environment.
- Demonstrates strong critical and conceptual thinking skills, with the ability to synthesize complex information to understand the broader context while maintaining attention to detailed accuracy.
- Strong project management skills with the ability to navigate through ambiguity, organize, prioritize, meet deadlines and drive projects to completion.
- Advanced understanding of Excel is critical to this role with a high level of proficiency in other Microsoft Office applications.
- Ability to handle confidential and sensitive information.
For positions based in Jersey City, NJ, the base salary range is $180,000 - $205,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.
Why Corebridge?
At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.
Benefit Offerings Include
- Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
- Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
- Employee Assistance Program: Confidential counseling services and resources are available to all employees.
- Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
- Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
- Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.
We are an Equal Opportunity Employer
Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com. Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.
We will consider for employment qualified applicants with criminal histories, consistent with applicable law.
To learn more please visit: www.corebridgefinancial.com
Functional Area
HR - Human Resources
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
American General Life Insurance Company
Salary : $180,000 - $205,000