Compensation Analyst, Senior
About The Position
The Compensation Analyst, Senior supports the design, analysis, implementation, and optimization of comprehensive total rewards programs. This hands-on role uses strong analytical skills and benefits and compensation expertise to deliver data-driven insights, support regulatory compliance, and improve program effectiveness. The position is based on-site in Tulsa, Oklahoma. The analyst evaluates compensation, benefits, retirement, and leave programs for competitiveness, cost effectiveness, utilization trends, and employee impact; supports annual total rewards cycles and plan governance; and serves as a subject matter expert on employee benefits. The role partners with vendors and internal teams, supports compliance and fiduciary responsibilities, and identifies process improvements that strengthen administration, HRIS data accuracy, employee communications, and tools.
Requirements
- Bachelor’s degree in Human Resources, Business Administration, Finance, a related field, or equivalent experience.
- 4–7 years of progressive experience in total rewards.
- Working knowledge of benefit plans, fiduciary governance, ERISA, FMLA, ADA, Section 125, and related regulations.
- Advanced Excel proficiency, practical understanding of AI tools, and experience with HRIS platforms.
- Ability to translate complex data into clear insights and recommendations for diverse audiences.
Nice To Haves
- Experience with job evaluation and analysis, compensation survey interpretation, and market pricing.
- Professional certifications such as SHRM, CEBS, WorldatWork CCP/CBP, or retirement plan credentials.
- Demonstrated success in process improvement, technology-enabled solutions, and cross-functional collaboration.
- Workday experience is preferred.
Responsibilities
- Analyze compensation, benefits, retirement, and leave programs for competitiveness, cost effectiveness, utilization trends, and employee impact.
- Prepare reports, dashboards, analytical models, and supporting documentation for leadership and employee communications.
- Coordinate vendors across total rewards programs, oversee performance, contracts, service-level agreements, and issue resolution.
- Partner with external vendors and consultants on plan design, requests for proposals, and ongoing performance management.
- Support annual merit reviews, incentive planning, open enrollment, post-cycle analysis, and recommendations for continuous improvement.
- Analyze market data and recommend adjustments to pay structures and benefit design.
- Support pay equity reviews, structure modeling, audits, regulatory reporting, and documentation requirements.
- Support strategy and governance for 401(k), pension, and health and welfare plans, coordinating with recordkeepers, advisors, and internal stakeholders.
- Support retirement and health and welfare plan fiduciary responsibilities, including investment and plan reviews, audit-ready documentation, and committee materials.
- Oversee compliance activities for benefits, retirement, and leave programs, including Form 5500 preparation, audits, disclosures, and ERISA, IRS, and DOL requirements.
- Serve as a subject matter expert on employee benefits, including retirement, medical, dental, vision, life, disability, FSA/HSA, wellness, and leave programs.
- Collaborate with HR Business Partners, HR Shared Services, Finance, Payroll, Legal, and Communications on organizational initiatives, benefits education, open enrollment, and merit and incentive cycles.
- Identify and implement process improvements to streamline administration, improve HRIS data accuracy, and strengthen employee communications and tools.
- Maintain confidentiality and properly handle sensitive employee and financial data.
Benefits
- Flexible Spending or Health Savings Accounts
- 401k match
- Paid Leave Plans
- Parental & Adoption Benefits
- Disability Coverage
- Employee Assistance Program
- Educational Assistance
- Learning & Development Opportunities
- Flex-scheduling available for qualifying positions to achieve work-life integration
- Comprehensive medical, dental, vision, and life insurance
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What This Job Offers
Job Type
Full-time
Career Level
Senior
