Compensation Operations Specialist

Elevance Health•Atlanta, IN

2d•Hybrid

About The Position

The Compensation Operations Specialist is responsible for serving as a lead and subject matter expert, providing complex analytical and administrative support to the Compensation Center of Excellence (COE) in the execution and management of enterprise-wide compensation programs.

Requirements

BA/BS in HR, business or related discipline and a minimum of 3 years’ experience in compensation and/or HR Operations; or any combination of education and experience, which would provide an equivalent background.

Nice To Haves

Experience with Workday Compensation modules highly preferred.
Experience in operations and customer service roles with strong understanding of HRIS and technology applications.
Healthcare and/or insurance industry experience, effective organization and attention to detail, and knowledge of business financial terms strongly preferred.

Responsibilities

Partners closely with the Compensation Center of Excellence to enhance, implement, and manage compensation programs, ensuring compliance, effective delivery and continuous improvement.
Oversees both escalated and routine employee compensation-related inquiries, transactions, and issue resolution.
Drives program effectiveness through auditing, testing, identifying improvements, and implementing enhancements.
Manage and support the annual merit and bonus cycle, providing system testing and readiness, and support for leaders through the process.
Manage and support the enterprise Quarterly Incentive Program (QIP) to include end-to-end administration, driving system optimization (design, testing, implementation, and enhancing), monitoring trends to drive improvements, and providing consultation and guidance to business leaders.
Assists with major compensation data changes at the time of a merger or acquisition, annual market pricing job changes, incentive plan data changes, or other mass data changes using the Workday EIB process.
Maintains compensation systems, tools, and processes, leveraging complex data analysis to identify trends and recommending strategic improvements.
Coaches, mentors, and trains other team members, while championing process optimization, automation, and documentation to improve operational efficiency and service delivery.