AVP, Compensation

Pacific Life Insurance Company$216K — $264K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in HR, Business, Finance, Economics, or related field; advanced degree and/or CCP preferred.
  • 10+ years of progressive compensation experience with substantial business partnership responsibilities, at least 5 years in a leadership role.
  • Expertise in market pricing, incentive plan design, job evaluation/architecture, and annual compensation cycles.
  • Proven success advising senior leaders in a matrixed, global environment, ideally within financial services or insurance.
  • Advanced analytical fluency (Excel/Sheets; data visualization) and experience with Workday or similar HCM; familiarity with major survey providers.
  • Exceptional communication, consulting, stakeholder management, and change leadership skills; high integrity and discretion.

Responsibilities

  • Act as the principal compensation advisor to senior leaders and HR Business Partners for all divisions.
  • Influence and guide decision-making through data-driven insights and external benchmarks.
  • Oversee design and administration of sales incentive plans aligned with business performance metrics.
  • Collaborate with leadership and HR to provide strategic compensation solutions.
  • Lead division-level execution of the annual compensation review, ensuring accuracy and compliance.
  • Monitor plan effectiveness and recommend changes based on competitiveness and employee experience.
  • Conduct market benchmarking and job evaluations to ensure consistency in role leveling.

Benefits

  • Prioritization of health and well-being with Medical, Dental, Vision, and Wellbeing Reimbursement Account options.
  • Generous paid time off options including Paid Time Off, Holiday Schedules, and Financial Planning Time Off.
  • Paid Parental Leave and Adoption Assistance Program.
  • Competitive 401k savings plan with company match and additional contributions.
Full Job Description

Job Description:

Pacific Life is seeking a strategic and consultative leader to serve as the AVP, Compensation, with a Business‑Aligned focus. This role leads the translation of enterprise compensation strategy into division‑specific programs and practices, serving as the primary compensation partner for business leaders and HR Business Partners globally. The AVP ensures programs are market‑competitive, governed consistently, executed flawlessly, and tailored to the needs of each division while maintaining alignment with global enterprise standards.

Key Responsibilities

  • Act as the principal compensation advisor to senior leaders and HR Business Partners for all divisions, aligning pay programs to strategy, financial outcomes, and talent priorities.

  • Influence and guide decision‑making through data‑driven insights, external benchmarks, and scenario modeling.

  • Oversee the design and administration of sales incentive plans that reinforce business performance metrics, risk balance, and pay‑for‑performance.

  • Collaborate with senior leadership, HR business partners, and other stakeholders to understand business needs and provide strategic compensation solutions that attract, motivate, and retain top talent.

  • Lead division‑level execution of the annual compensation review (merit, promotions, adjustments, and variable pay), ensuring accuracy, equity, and compliance.

  • Monitor plan effectiveness and recommend changes based on performance distribution, competitiveness, and employee experience.

  • Conduct and synthesize market benchmarking and job evaluations; ensure roles are leveled and mapped consistently to the global job architecture and salary structures.

  • Monitor internal equity and lead remediation plans; ensure practices meet evolving regulatory and disclosure requirements.

  • Lead and develop a high‑performing team of compensation professionals supporting the divisions and sales organizations; foster a culture of accountability, inclusion, and continuous improvement.

Qualifications

  • Bachelor’s degree in HR, Business, Finance, Economics, or related field; advanced degree and/or CCP preferred.

  • 10+ years of progressive compensation experience with substantial business partnership responsibilities, with at least 5 years in a leadership role.

  • Expertise in market pricing, incentive plan design, job evaluation/architecture, and annual compensation cycles.

  • Proven success advising senior leaders in a matrixed, global environment—ideally within financial services or insurance.

  • Proven experience working in a global, matrixed organization, ideally within the financial services or insurance industry.

  • Advanced analytical fluency (Excel/Sheets; data visualization), with experience in Workday or similar HCM; familiarity with major survey providers.

  • Exceptional communication, consulting, stakeholder management, and change leadership skills; high integrity and discretion.

  • High integrity, discretion, and commitment to confidentiality.

Base Salary Range:

$216,000 - $264,000

#LI-JS1

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.

Your Benefits Start Day 1  
 

Your wellbeing is important to Pacific Life, and we’re committed to providing you with 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

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

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.

About Pacific Life Insurance Company

Pacific Life Insurance Company Careers

There has never been a more opportune time to join the dynamic team at Pacific Life Insurance Company—a leader in the insurance industry known for its commitment to innovation, leadership, and professional growth.

Work You’ll Do

Join Pacific Life Insurance Company’s esteemed team to assist in pioneering efforts that drive the insurance industry forward. At the intersection of technology, industry expertise, and digital innovation, Pacific Life Insurance Company stands as a beacon of transformative solutions and services. Lead in a unique position in the marketplace, leveraging deep industry knowledge and a commitment to digital innovation to enhance client experiences and outcomes. Engage with a diverse global team of business and technology advisors, helping clients navigate through their challenges with cutting-edge solutions. Collaborate with dedicated professionals who are at the forefront of integrating technology and insurance services to deliver exceptional results.

Introducing the Pacific Life Insurance Company Professional Growth and Development Initiative

The initiative aims to build a leading advisory team to guide some of the most well-known companies through their transformation journeys, utilizing innovative insurance solutions.

Do Innovative Work

Be part of a team that is not just the largest but the most knowledgeable in the insurance sector, with a focus on delivering targeted solutions through a depth and breadth of consulting experience that is unmatched.

Drive Innovation and Leadership

Work on a wide range of projects that harness the capabilities of Pacific Life Insurance Company’s robust technological and service-oriented frameworks.

Future-Proof Your Career

Advance your career with Pacific Life Insurance Company, where the opportunities for growth are vast, supported by comprehensive training, development, and certification programs.

Explore Job Opportunities and Internships

Discover various job opportunities and internship positions that allow you to bring your skills and passion to a team that values innovation and leadership. Pacific Life Insurance Company is committed to fostering a culture of diversity and inclusion, providing a platform for professional development and personal growth.

The Pacific Life Insurance Company Employment Experience

With a commitment to diversity training and a culture that promotes networking and professional growth, Pacific Life Insurance Company helps team members thrive in a supportive and dynamic environment. Clients and employees alike look to Pacific Life Insurance Company for leadership in creating industry-leading solutions that promote growth and innovation.

Stay Connected

Join the Team

Search open positions that match your skills and interests. Pacific Life Insurance Company seeks passionate, curious, creative, and solution-driven team players.

SEARCH PACIFIC LIFE INSURANCE COMPANY JOBS

Keep Up to Date

Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the professionals who work at Pacific Life Insurance Company.

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