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Vice President Total Rewards

Northwestern Mutual Life Insurance Company

MILWAUKEE, WIJobSeen todaySeen in employer's feed today

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At a glance

Compensation
No compensation found
Location
MILWAUKEE, WI
Work Authorization
Not specified

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Job overview

The Vice President, Total Rewards leads enterprise compensation, benefits, health and well-being, performance, and rewards strategies at Northwestern Mutual. The role oversees compensation and benefits teams, advances job and career frameworks, and advises senior executives and cross-functional partners. It also shapes personalized rewards and well-being experiences while balancing employee needs, business priorities, and financial stewardship.

Skills & qualifications

RequiredNice to have

Skills

Compensation StrategyBenefits StrategyHealth and Well-Being StrategyPerformance ManagementRewards StrategyJob and Career FrameworksExecutive AdvisingFinancial StewardshipOrganizational Change

Full job description

JOB REQUIREMENTS: The Vice President, Total Rewards is a key enterprise leadership role responsible for shaping the strategies, systems, and experiences that enable Northwestern Mutual's workforce and business performance. Reporting to the Vice President Total Rewards and Employee Experience, this leader oversees the design, governance and evolution of compensation, benefits, health and well-being, performance, and rewards strategies while leading the compensation and benefits teams. This leader will help define the future of work at Northwestern Mutual by advancing job and career frameworks, redesigning performance and rewards approaches, and advancing a sustainable health and well-being strategy. This role serves as a trusted advisor to senior executives and partners across Talent, HR Business Partners, Finance, Legal, and business leadership to create programs and practices that align to the employee value proposition and drive accountability, performance, organizational agility, and employee engagement. The leader will also oversee the evolution of a personalized Total Rewards experience by designing reward, recognition, well-being, and benefits strategies that reflect the diverse needs, life stages, preferences, and career aspirations of employees while supporting enterprise objectives. Success requires a leader who can translate strategy into scalable organizational systems, influence executive decision-making, balance employee experience with financial stewardship, and lead complex enterprise changes. Primary Duties and Responsibilities Benefits and Retirement Programs Oversee the design, administration, and continuous improvement of health, welfare, retirement, and financial wellness programs. Ensure compliance with all applicable legal, regulatory, and fiduciary requirements. Health and Well-Being Strategy Develop and execute a forward-looking, multi-year health and well-being strategy focused on employee experience, affordability, prevention, access, and sustainable cost management. Drive long-term health plan design, vendor strategy, and investment decisions to improve employee outcomes and organizational value. Partner with Finance and business leaders to balance employee well-being with responsible financial stewardship. Provide strategic leadership for the Mutual Health Center growth strategy, ensuring alignment to employee needs, business priorities, and long-term cost stewardship. Enterprise Rewards and Workforce Strategy Set and lead an integrated Total Rewards strategy that supports Northwestern Mutual's business priorities, workforce strategy, employee value proposition, and evolving operating model. Ensure compensation, benefits, performance, career architecture, and recognition programs operate as an integrated talent and business performance system. Advise senior leadership on emerging workforce, labor market, rewards,... For full info follow application link. EEO/AA Employer/Vets/Disability ***** APPLICATION INSTRUCTIONS: Apply Online: ipc.us/t/BE37E1BF9F5B49B8 Qualified females, minorities, and special disabled veterans and other veterans are encouraged to apply.

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