Rewards Analyst

Arch Capital Group • Raleigh, NC

1d • Hybrid

About The Position

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. We’re looking for a Reward Analyst to join our compensation and benefits team and help deliver data-driven insights that support fair and competitive pay and benefits across the organization. This role is ideal for someone with strong analytical skills and attention to detail who enjoys working with data, spreadsheets, and systems — and is keen to develop expertise in compensation and wider reward analytics. You’ll play an important part in supporting key reward processes such as benchmarking, pay reviews, and analysis, while learning from experienced reward professionals. This role can be based in either our Raleigh or Greensboro, NC office on a hybrid basis, with two days in the office, three days remote.

Requirements

• 1–3 years’ experience in an analytical or reward-related role (e.g. data analyst, compensation or benefits analyst).
• Strong Excel skills (pivot tables, VLOOKUP, formulas, charts); experience with Power BI or other data visualization tools a plus but not required; VBA or Python a plus
• Confident working with large, complex datasets.
• Excellent attention to detail, data accuracy, and organization.
• Strong numerical and problem-solving skills with a clear, logical approach.
• Effective communication skills — able to explain insights clearly to non-technical audiences.
• Interest in building a career within Compensation and Benefits Analytics.

Nice To Haves

• Degree in Data Analytics, Business, Economics, Finance, Math, or a related discipline (or equivalent experience) preferred
• Formal training in data analytics, Power BI, or advanced Excel an advantage

Responsibilities

• Maintain accurate and up-to-date reward data across internal systems and data sources.
• Gather, clean, and analyze large datasets to support reward and pay decisions.
• Produce regular reports and dashboards on pay, benefits, and workforce trends.
• Support data modelling for salary reviews, bonus calculations, and pay progression.
• Provide data insights and recommendations to support fair and consistent reward practices.
• Own the external market benchmarking exercises and manage participation in appropriate survey data (e.g. Willis Towers Watson, Radford McLagan) for Arch locations outside North America.
• Maintain market awareness and recommend additional surveys and/or new sources as appropriate
• Help maintain internal pay structures, job levelling, and grading frameworks.
• Support HR requests for market benchmarking
• Track market trends and support analysis on competitiveness of pay and benefits.
• Support benefits analysis and data collection as appropriate including survey participation and analysis of employee elections and participation
• Support production of accurate, timely management information for senior stakeholders.
• Help prepare statutory reports such as gender pay gap and other pay transparency requirements.
• Maintain documentation and ensure data accuracy and compliance with GDPR and internal standards.

Benefits

• multiple medical plans plus dental, vision and prescription drug coverage
• a competitive 401k with generous matching
• PTO beginning at 20 days per year
• up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
• basic Life and AD&D Insurance as well as Short and Long-Term Disability
• Paid Parental Leave of up to 10 weeks
• Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees