Sr. Consultant, Compensation

Sr. Consultant, Compensation

We are seeking a highly analytical and consultative Senior Compensation Consultant to join our Total Rewards team. This role serves as a trusted advisor to business leaders and HR partners, providing expert guidance on broad-based compensation programs, pay decisions, job evaluation, and market competitiveness to ensure alignment with strategic financial objectives and desired business results. The position is also responsible for administering the annual merit and bonus programs, administering the supporting compensation technologies, and delivering data-driven insights that enable effective compensation decisions.

Compensation Consulting:

• Provides advice & consultation to HR Business Partners within assigned client group(s) on compensation programs & pay-related issues to ensure all parties have a full understanding of the organization's compensation strategies & pay philosophy.
• Provides guidance and recommendations on salary offers, promotions, employee movement, internal equity, market competitiveness, and other compensation matters.
• Maintains current knowledge of compensation developments and trends, assesses the impact, and ensures that new trends/developments are appropriately incorporated into compensation initiatives.

Market Analysis and Job Evaluation:

• Conducts analyses to assess internal equity and external market competitiveness of compensation plans to attract and retain key talent recommending design enhancements where necessary.
• Conducts job evaluations and organizational assessments for new and existing positions, determining appropriate job levels and pay grades based on role scope, responsibilities, internal equity, and market competitiveness.
• Partners with HR Business Partners and business leaders to develop, review, and maintain job descriptions, ensuring accurate representation of work requirements and alignment with compensation philosophy, job architecture, and organizational objectives.
• Designs and develops financial models, presentations, and dashboards that support compensation decision making.
• Participates in compensation surveys and benchmarking activities.

Annual Compensation Planning:

• Administers the annual compensation and bonus planning processes.
• Performs monthly/quarterly forecasting for the annual bonus plan accrual.

Compensation Programs & Projects:

• Leads or contributes to compensation-related projects, initiatives, and process enhancements that improve operational effectiveness.
• Manages relationships with compensation vendors, survey providers, and external partners.
• Ensures compensation programs are compliant with internal policies and external regulations.

What we're looking for:

• 4 Year/Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's) (Minimum Required)
• 5 7+ Years of progressively more responsible experience in compensation, total rewards, and/or compensation consulting, including demonstrated solid experience and understanding of compensation practices and processes. (Required)
• Experience with HRIS, compensation management, and market pricing systems preferred.
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook).
• Advanced Microsoft Excel ability required.
• Strong analytical and modeling skills.
• Strong knowledge of compensation administration and program execution.
• Sound knowledge of organizational effectiveness and process improvement.
• Demonstrated ability to present complex ideas in an easy to understand form.
• Demonstrated ability to build and maintain relationships at all levels of a matrixed organizations.
• Certified Compensation Professional (CCP) or other professional certification in compensation is preferred.
• Demonstrated strong interpersonal skills and experience in motivating others in a team-oriented, collaborative environment.
• Strong working knowledge of all areas of compensation (i.e. job evaluation methodologies, market evaluation, incentive plan development, equity compensation) procedures and practices.

Application Deadline: Applications for this position will be accepted through September 15th, 2026 subject to earlier closure due to applicant volume.

What's it like to work here? At Lincoln Financial, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future.

What's in it for you:

• Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes
• Leadership development and virtual training opportunities
• PTO/parental leave
• Competitive 401K and employee benefits
• Free financial counseling, health coaching and employee assistance program
• Tuition assistance program
• Work arrangements that work for you
• Effective productivity/technology tools and training

The pay range for this position is $96,900 - $176,200 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role.

About The Company Lincoln Financial (NYSE: LNC) helps people to confidently plan for their version of a successful future. We focus on identifying a clear path to financial security, with products including annuities, life insurance, group protection, and retirement plan services. With our 120-year track record of expertise and integrity, millions of customers trust our solutions and service to help put their goals in reach.

Lincoln Financial is the marketing name for Lincoln Financial Corporation and its affiliates including The Lincoln National Life Insurance Company, Fort Wayne, IN, and Lincoln Life & Annuity Company of New York, Syracuse, NY. Lincoln Financial affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice.

Lincoln is committed to creating an inclusive environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.