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SVP, Global Head of Total Rewards

Pacific Asset Management, LLC
Newport, CA Full Time
POSTED ON 2/12/2025
AVAILABLE BEFORE 5/10/2025

SVP, Global Head of Total Rewards

Job Description :

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.

We’re actively seeking a talented SVP, Global Head of Total Rewards to join our Human Resources team in Newport Beach, CA reporting to the EVP, Chief Human Resources Officer. This role is hybrid and may consider remote for the right candidate. We believe in empowering our employees to get work done both in and out of the office.

As the SVP, Global Head of Total Rewards you’ll move Pacific Life, and your career, forward as you take on responsibility for developing, implementing, and managing comprehensive total rewards strategies that align with the company's business goals and enhance candidate attraction and employee engagement, retention, and satisfaction. This role oversees all aspects of compensation, benefits, and recognition programs across the globe and ensures compliance with local and international regulations.

How you’ll help move us forward :

  • Develop and execute a global total rewards strategy that supports the company's business objectives and enhances its ability to attract, retain, and motivate talent.
  • Work collaboratively with the business to develop proactive and innovative approaches to ensure our total rewards are competitive, drive business results, and align with our culture.
  • Leverage your knowledge of market conditions and the competitive talent landscape to design tailored strategies for rewards concerning key talent segments.
  • Review, evaluate, and execute the executive compensation programs (base, bonus, and equity) by collaborating with CEO, CHRO, and with outside executive compensation consultants to ensure they are performance driven, market competitive, appropriately leveraged, legally compliant, accurately administered and effectively communicated.
  • Oversee the design and implementation of competitive compensation structures, including base pay, incentives, and executive compensation programs.
  • Lead the development and management of global benefits programs, including health and wellness, retirement plans, and other employee benefits.
  • Ensure total rewards programs are equitable and inclusive, promoting diversity within the organization.
  • Develop and manage the total rewards budget, ensuring optimal allocation of resources.
  • Lead the development of communication strategies to effectively inform employees about total rewards programs and changes.
  • Lead and develop a global team of compensation and benefits professionals, fostering an inclusive and high-performance culture.

The experience you bring :

  • Bachelor's degree in Human Resources, Business Administration, Finance, or related field; MBA or other advanced degree preferred.
  • Minimum of 15 years of experience in total rewards or a related field, with at least 8 years in a senior leadership role.
  • Proven experience managing global total rewards programs, including in diverse geographic regions.
  • Deep understanding of compensation and benefits best practices, regulatory requirements, and industry trends.
  • Strong analytical, communication, and presentation skills. Ability to influence and build relationships with stakeholders at all levels.

    • What makes you stand out :

  • Demonstrated experience identifying future trends, challenges, and opportunities, using strategic insights to make decisions that drive an organization’s growth and success.
  • Develops people to meet both their career goals and the organization's goals; builds strong-identity teams that apply their diverse skills and perspectives to achieve common goals.
  • Finds opportunities to create new and better ways for the organization to be successful.
  • Consistently achieves results, even under tough circumstances; knowing the most effective and efficient processes to get things done, with a focus on continuous improvement.
  • Ability to pivot strategies, adjust processes, and mobilize resources effectively to meet evolving business needs, ensuring the organization remains competitive and resilient in the face of change.
  • Experience leveraging compelling points to gain the support and commitment of others.

    • Base Pay Range :

    The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications, and geographic location. Also, most employees are eligible for additional incentive pay.

    315,000 - $375,000

    Benefits :

    Your wellbeing is important. We’re committed to providing flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we’ve got you covered.

  • Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents.
  • Generous paid time off options including Paid Time Off, Holiday Schedules, and Financial Planning Time Off.
  • Paid Parental Leave as well as an Adoption Assistance Program.
  • Competitive 401k savings plan with company match and an additional contribution regardless of participation.

    • EEO Statement :

    Pacific Life Insurance Company is an Equal Opportunity / Affirmative Action Employer, M / F / D / V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

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    Salary : $315,000 - $375,000

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