layiq

/la·yiq/adjective

worthy; deserving; fitting; suitable.

A role, opportunity, or path that merits attention, time, and pursuit.

LAYIQ - Senior Director Distribution Total Rewards at Northwestern Mutual

Leads complex, cross-functional, and ambiguous initiatives that are new to the company, and often industry, by engaging with leaders across the business and field to align on priorities, objectives and guiding principles and then leads stakeholders through design, implementation and execution, all of which require development of strong partnerships and influence of others without authority.
Responsible for building and leading of Field Benefits Committee, Honors Committee or other Ad Hoc Committees as required. This includes partnering with the Field Associations to obtain membership, developing a cadence and structure for operating, and keeping them engaged in the work to achieve stated objectives.
Leads complex analyses and modeling to develop and make recommendations on program design and program changes using expertise related to financials, regulations, compliance, administration, and field experience.
Builds strong relationships with key field members in order to co-create and negotiate with field partners through the Field Committee structure: MP Compensation Committee, MD Compensation Committee, and FR Compensation Committee
Oversees the maintenance of existing programs (compensation, recognition, and benefits) to ensure they meet financial objectives, remain compliant with ever changing laws, align with the strategy, and achieve desired outcomes. This includes ownership of implementation and execution as well as change management with the field on any changes.
Anticipates impacts to success of program design in achieve objectives based on monitoring changes in competitive, regulatory, and economic environment as well as evolution of field practices and recommends changes as appropriate.
Subject matter expert on risk product compensation, investment compensation, bonuses, field contracts, ensemble compensation, retirement benefits, medical benefits and other ancillary field benefits, and corporate recognition of advisors and field leaders.
Supports the development of team members by directing and coaching within the work they partner on and through mentoring team members.
Owns resolution of escalations from field members to members of Senior Leadership Team and Executive Leadership Group.

Bachelor's or master's degree in finance, analytics, mathematics, accounting or actuarial science, or an equivalent combination of education and experience.
Proven leader with 10+ years of experience, including leading initiatives, driving enterprise results, and performing financial and data analysis.
Demonstrated ability to develop rapport and establish and maintain effective, cooperative, and supportive relationships at all levels in the Home Office and field.
Proven ability to effectively lead without authority, influence outcomes and negotiate with key business partners.
Strong understanding of how to navigate the organization and advance ambiguous work forward in alignment with other priorities.
Intellectual agility, analytical and problem-solving abilities with a proven ability to seek creative solutions to previously “unsolvable” challenges.
Ability to pull and present key insights from analysis that helps drive decisions or design for various audiences, including ability to express technical concepts in understandable language and deliver difficult messages in a empathic way.
Expert at leveraging data and tools for research and analysis.
Skills You Have: Client Engagement & Influence: Skill Definition: Possesses the ability to engage, negotiate, and influence clients effectively, synthesizing complex information and executing challenges and opportunities.
Compensation Strategy Design & Execution: Develops and implements compensation systems within an organization to attract, retain, and motivate employees effectively. Leverages market research, compensation surveys, and other resources to create and align salary guidelines, pay for performance philosophies, and other compensation structures with company objectives, market benchmarks, and legal requirements.
Business Influence: Collaborates, communicates and influences direct reports, stakeholders, and other business functions based on understanding of the marketplace, organizational needs, and the client as a people manager.
Adaptive Communication: Formulates strategies to be used to convey complex information about services, products, systems, or processes to targeted audiences; communicates and liaises between technical and non-technical audiences.

Senior Director Distribution Total Rewards

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