Compensation Analyst Senior

Elevance Health • Indianapolis, IN

3d • Hybrid

About The Position

The Compensation Analyst Senior is responsible for providing counsel regarding various compensation practices and policies and conducting on-going analysis for assigned job families. How You Will Make An Impact: Counsels management on the company's compensation strategy, policies, programs, communications and making salary decisions regarding pay actions, and conducts pay equity studies and compression analyses and participates in annual pay program development (research and analysis). At this level, emphasis is primarily on service delivery/administration with some advisory and consultative activities and conducting annual market evaluations and on-going internal equity and external competitiveness comparisons for assigned job families. Supports corporate-wide compensation initiatives, including incentive plan administration, merit process, total direct compensation analysis, and salary survey design and submission.

Requirements

• Requires a BA degree in related field and minimum of 4 years related experience with HR consultative experience; or any combination of education and experience, which would provide an equivalent background.

Nice To Haves

• HR related designation preferred.
• High Excel proficiency is strongly preferred.
• WorkDay Core Compensation application experience preferred.
• Experience working in a broad-based compensation framework with market labor trends, job progression architecture and offer approval workflow is preferred.

Responsibilities

• Counsels management on the company's compensation strategy, policies, programs, communications and making salary decisions regarding pay actions
• Conducts pay equity studies and compression analyses and participates in annual pay program development (research and analysis)
• Conducting annual market evaluations and on-going internal equity and external competitiveness comparisons for assigned job families
• Supports corporate-wide compensation initiatives, including incentive plan administration, merit process, total direct compensation analysis, and salary survey design and submission.

Benefits

• We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees