Manager, Compensation and Executive Total Rewards

Premera Blue Cross•Mountlake Terrace, WA

3d•Hybrid

About The Position

Our purpose, to improve customers’ lives by making healthcare work better, is far from ordinary. And so are our employees. Working at Premera means you have the opportunity to drive real change by transforming healthcare. Premera is committed to being a workplace where people feel empowered to grow, innovate, and lead with purpose. By investing in our employees and fostering a culture of collaboration and continuous development, we’re able to better serve our customers. It’s this commitment that has earned us recognition as one of the best companies to work for. Learn more about our recent awards and recognitions as a greatest workplace. Learn how Premera supports our members, customers and the communities that we serve through our Healthsource blog: https://healthsource.premera.com/. As the Manager, Compensation & Executive Total Rewards, you will play a pivotal role in advancing Premera’s compensation strategy, ensuring our programs reinforce a performance-driven culture that attracts, motivates, and retains top talent. In this highly visible role, you will serve as a trusted advisor to senior leaders and executives while managing and supporting a strong, collaborative compensation team. Joining the Total Rewards team, you will collaborate closely with leaders across the organization to design and deliver market-competitive, forward-looking compensation programs that support Premera’s growth and transformation. Your insight and expertise will directly influence how we reward leadership, align pay with performance, and drive long-term organizational success.

Requirements

Bachelor’s degree in Human Resources, Business or a related field, or four years of work experience. (Required)
Eight years of experience in Human Resources, including five years in Total Rewards, including a background with compensation and benefit programs. (Required)

Nice To Haves

Previous leadership and people management experience is preferred.

Responsibilities

Design and lead Premera’s compensation strategy, delivering competitive, performance-driven programs that reinforce a pay-for-performance philosophy and support attraction, retention, and long-term leadership effectiveness.
Lead market pricing, benchmarking, and trend analysis, ensuring compensation practices remain competitive, compliant, and aligned with evolving market conditions and regulatory expectations.
Partner closely with senior leaders across the enterprise to assess compensation needs, advise on critical reward decisions, and translate business strategy into thoughtful, actionable Total Rewards solutions.
Serve as a trusted advisor to executive leadership and the Compensation Committee of the Board, providing strategic guidance, rigorous analysis, and actionable recommendations while ensuring alignment with governance best practices and organizational goals.
Evolve Premera’s sales compensation model from an administrative function to a strategic growth lever by designing performance‑aligned incentives that support revenue growth, market competitiveness, and enterprise transformation.
Provide expert counsel on complex executive compensation, including short- and long-term incentive plans, deferred compensation, retirement programs, and perquisites, with clear insight into financial, budgetary, and talent implications.
Lead and mentor a high-performing compensation team, providing coaching and strategic direction while strengthening bench capability and capabilities to support Premera’s growth and transformation.

Benefits

Medical, vision, and dental coverage with low employee premiums.
Voluntary benefit offerings, including pet insurance for paw parents.
Life and disability insurance.
Retirement programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.
Wellness incentives with a wide range of mental well-being resources for you and your dependents, including counseling services, stress management programs, and mindfulness programs, just to name a few.
Generous paid time off to reenergize.
Tuition assistance for both undergraduate and graduate degrees.
Employee recognition program to celebrate anniversaries, team accomplishments, and more.
Commuter perks make your trip to work less impactful on the environment and your wallet.
Free convenient on-site parking.
Subsidized on-campus cafes make lunchtime connections with colleagues fun and affordable.
Participate in engaging on-site activities such as health and wellness events, coffee connects, disaster preparedness fairs and more.
Our complementary fitness & well-being center offers both in-person and virtual workouts and nutritional counseling.
Challenge someone to a game of shuffleboard or ping pong while on campus.