PPI company overview:

PPI (an independent subsidiary of iA Financial) is an Insurance Marketing Organization that sits between independent advisors and insurance companies. From coast-to-coast, we provide value-added services and support such as digital tools, education, marketing, and processing, to help Advisors elevate and grow their business with a socially responsible mindset.

At PPI, each day you have the opportunity to make a meaningful difference when you support our independent insurance advisors in providing financial security and peace of mind to their clients: Canadian families and businesses.

When you join PPI you will be part of a diverse, inclusive and equitable place to work that values different perspectives. You will benefit from a culture that is people-focused, inclusive and collaborative with opportunities to learn and develop your skills, develop your career and make a meaningful impact.

Our people drive our progress through innovative ideas and a commitment to excellence. We work hard and always ensure we have fun along the way.

PPI is pleased to provide employees with the flexibility of a hybrid work environment.  This role is eligible for working from home up to 3 days per week. 

For more information about PPI visit: www.ppi.ca

Senior Compensation Analyst

Reporting to the Vice-President, Talent and Culture, the Senior Compensation Analyst will have direct responsibility for designing, implementing and managing compensation programs, policies and procedures that align with PPI’s business objectives. Working closely with business leaders, the Senior Compensation Analyst will have a direct and positive impact on employee engagement through competitive and meaningful rewards initiatives that foster and recognize high performance.

Responsibilities:

• Leverage experience and expertise to design, develop, implement and evaluate compensation programs, policies and procedures that align with the company's strategy and objectives.

• Partner with senior management to provide expert guidance and consulting on compensation-related matters, including base pay, variable pay, benefits and employee recognition programs.

• Conduct financial modelling and cost/benefit analysis to ensure accurate budgeting and management of compensation related expenses. Partner with PPI Finance to ensure effective communication and planning for potential changes/impact to the budget.

• Lead the design of pay for performance incentive plans across different sales teams. Understand key performance indicators and design sales plans to reward achievement of sales objectives. Work closely with Finance Data Analytics team to understand sales results to effectively calculate sales bonuses.

• Manage the compensation cycle including quarterly sales bonus payments and year-end salary review process.

• Conduct market research and analysis to ensure PPI’s rewards programs are competitive and compliant with relevant legislation. Engage iA’s Global Compensation team as internal partner as required.

• Develop and deliver training programs on compensation policies and procedures for leaders and other Talent and Culture team members.

• Conduct review of roles and salary bands to ensure alignment, market competitiveness and internal equity.

• Conduct regular audits of compensation programs to ensure compliance with regulatory requirements and best practices.

• Complete monthly metrics reporting.

Education and Experience:

• Bachelor’s degree in human resources management, Business Administration, or a finance-related field

• Certified Compensation Management Specialists, or Certified Compensation Professional

• 7+ years of experience in progressive roles in the areas of compensation, role evaluation, and employee benefits programs, preferably in the financial services industry

• Extensive knowledge of compensation best practices, programs, policies, procedures, evaluation and applicable legislation

• Experience developing and running data models, effectively leveraging data to support informed decision making

• Direct experience working with sales leaders to develop and implement sales incentive plans

• Previous experience with Workday an asset

Capabilities:

• Advanced analytical, problem-solving, and decision-making skills

• Proficiency with MS office tools and advanced proficiency with Excel

• Excellent communication skills with demonstrated ability to handle matters requiring a high level of diplomacy, sensitivity and confidentiality  

• Highly effective organizational and project management skills with the ability to manage multiple priorities with accuracy and attention to detail

• Proven ability to work collaboratively with cross-functional teams

• Solutions oriented with demonstrated curiosity and creativity in new situations

• Proactive, self-starter, confident in taking the lead

• High degree of comfort with ambiguity and shifting priorities

• In-depth knowledge and demonstrated ability to interpret and apply pay equity and other employment legislation related to total rewards

• Bilingualism (English and French) an asset

We thank all applicants for applying, however, only those selected for an interview will be contacted.  Your resume may be used for other vacancies.