Compensation & Benefits Analyst

MSA Professional Services, Inc.•Madison, WI

8h•$79,081 - $126,500•Hybrid

About The Position

MSA is seeking to add a Compensation & Benefits Analyst to our HR Team. This role plays a critical, behind-the-scenes role in shaping MSA’s Total Rewards strategy. This position is primarily focused on compensation administration, analysis, and reporting, serving as a key analytical partner to HR leadership. This role can be either our Baraboo, Madison, Dubuque or Milwaukee offices with a flexible work environment. For over 100 years, MSA has helped shape communities through engineering excellence. What began in 1919 with a single practitioner in Baraboo, Wisconsin, has grown into a robust firm of over 500 employee owners across the U.S. Our purpose is simple: to make communities stronger, safer, and more sustainable. We believe in the power of relationships, trust, and doing the right thing — and we take pride in seeing our work come to life. At MSA, we understand that great work happens when you contribute great value and maintain a balanced life and career.

Requirements

Bachelor’s degree in Human Resources, Business, Finance, Data Analytics, or a related field.
5+ years of experience supporting compensation, benefits, HR analytics, or Total Rewards programs.
Strong knowledge of compensation practices, including market pricing, salary structure design, and pay equity analysis.
Experience analyzing and administering benefits programs, with exposure to self-funded plans and ESOP environments preferred.
Advanced Excel and analytical skills, with the ability to interpret trends and build data-driven recommendations.
Experience working within HRIS systems and collaborating across teams to enhance Total Rewards processes.
Detail-oriented, proactive, and solutions-focused mindset with strong communication and problem-solving abilities.
The selected candidate must be authorized to work for any employer in the U.S. without requiring visa sponsorship now or in the future. We are unable to provide or take over sponsorship of an employment visa for this role.

Nice To Haves

CCP or CBP certification is a plus.

Responsibilities

Administer and maintain compensation programs, including salary structures, job architecture, and pay ranges aligned with Total Rewards strategy.
Lead data preparation, validation, and analysis for the annual compensation cycle (merit, market adjustments).
Conduct internal equity and market analyses to support consistent, competitive pay decisions.
Provide analytical support and recommendations for off-cycle compensation requests and pay decisions.
Perform financial modeling and scenario analysis to evaluate compensation changes and program impacts.
Partner with Talent Acquisition and HR leaders by delivering compensation insights and structured recommendations.
Collaborate with external compensation consultants to interpret market data and inform salary grade structures.
Administer incentive programs, including bonus calculations, audits, and reporting outputs.
Develop Total Rewards reporting and statements that quantify and communicate program value for leadership use.
Analyze benefits utilization, cost trends, and plan performance to support design recommendations.
Conduct financial and impact analysis for new or revised benefit offerings.
Support benefits administration processes, including open enrollment system setup and testing.
Partner with vendors and brokers to resolve complex issues and evaluate performance.
Administer benefit programs (medical, dental, vision, etc)
Ensure compliance with applicable regulations (ACA, ERISA, HIPAA, COBRA, FMLA).
Partner with HRIS to maintain data accuracy and optimize compensation and benefits system functionality.
Develop recurring and ad hoc reports that support executive and HR decision-making.

Benefits

Employee Ownership = True Investment: MSA is a 100% employee-owned firm.
A Culture of Mentorship and Collaboration
A flex time program that empowers you to manage your schedule
A flexible work environment, including hybrid and remote options where possible
Quality Insurance Options: Medical, dental, and vision coverage for you and your family
Paid Time Off: Minimum of 17 days in the first year for full-time employees
Paid Holidays: 8 holidays per year
Paid Parental Leave: 2 weeks for both parents, with additional time for birth parents under MSA’s Short Term Paid Leave
Supplemental Insurance: 100% paid life, long-term disability, and short-term disability insurance
Employee Stock Ownership Plan (ESOP): 100% employee-owned, with stock provided at no cost
401k Retirement Savings Plan: Generous employer match, immediately 100% vested
Short Term Incentive (STIP) bonus
Communities of Practice: Our think tanks and idea generators—regular collaboration and learning opportunities.
Commitment to Learning: Ongoing training, tuition reimbursement, and cutting-edge technology to keep you connected and creative.
Community Engagement: Giving back through volunteering, education, STEM outreach, and event participation, backed by corporate sponsorship and donations.