Benefits & Compensation Analyst

Federated Mutual Insurance Company • Owatonna, MN

1d • $80,300 - $108,700

About The Position

Who is Federated Insurance? At Federated Insurance , we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We make lives better, and we’re looking for employees who want to make a difference in others’ lives, all while enhancing their own. Federated’s culture is grounded in our Four Cornerstones: Equity, Integrity, Teamwork, and Respect. We strive to create a work environment that embodies our values and commitment to diversity and inclusion. We value and respect individual differences, and we leverage those differences to achieve better results and outcomes for our clients, employees, and communities. Our top priority in recruitment and development of our next generation is to ensure we align ourselves with truly exceptional people who share these values. What Will You Do? Federated is committed to offering employee benefits that truly make a difference, and we’re looking for someone who can help shape that impact. As a Benefits & Compensation Analyst, you’ll support Federated’s retirement plans and related programs, driving their development, administration, and performance to align with organizational goals and employee needs. This is your opportunity to make a meaningful impact by driving innovative solutions in benefits and compensation. If you’re ready to bring your passion for educating, influencing, and innovation to a team that values your contributions, we’d love to hear from you!

Requirements

• A four-year degree and a minimum of 1 year of experience in an analyst or related role, demonstrating strong analytical, problem solving and communication skills.
• Exceptional communication skills, both written and verbal, with the ability to influence and collaborate across all levels of the organization.
• Strong data analysis, reporting, and problem-solving abilities.
• Proficiency in Microsoft Office Suite, with advanced skills in Excel.

Responsibilities

• Provide direction and support in the design and administration of retirement and other key employee benefits.
• Collaborate with internal and external partners to deliver clear, engaging communication that enhances employee understanding and perception of programs.
• Monitor plan utilization, performance, and trends by analyzing and reporting on financial and quantitative data.
• Research and analyze plan effectiveness, competitiveness, and alignment with strategic goals, making recommendations for enhancements.
• Develop deep technical expertise in a variety of benefits and compensation programs.

Benefits

• We offer a wide variety of ways to support you as a whole, both professionally and personally.
• Our commitment to your growth includes opportunities for internal mobility and career development paths, inspiring excellence in performance and ensuring your professional journey thrives.
• Additionally, we offer exceptional benefits to nurture your personal life.
• We understand the importance of health and financial security, offering encompassing competitive compensation, enticing bonus programs, cost-effective health insurance, and robust pension and 401(k) offerings.
• To encourage community engagement, we provide paid volunteer time and offer opportunities for gift matching.
• Discover more about Federated and our comprehensive benefits package: Federated Benefits You .

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees