Senior Compensation Analyst

Milliman•Dallas, TX

18h•$78,800 - $145,130•Remote

About The Position

The Compensation Department at Milliman Global Corporate Services (GCS) is looking to hire a Compensation Analyst. The Compensation Analyst supports the development, analysis, and administration of the organization’s compensation programs. This role reviews base pay structures, incentive programs, market pricing, and maintenance of job descriptions, while helping ensure compensation programs align with business objectives and applicable laws and regulations.

Requirements

Bachelor’s degree in Business Administration, Human Resources Management, Finance, or related field.
4-6 years of compensation-related experience, including partnering with HR generalists, managers, and employees across the organization.
Previous experience supporting compensation, HR analytics, finance, or a related function.
Previous experience working in Microsoft Suite of products, but specifically Excel with formulas, vlookups, xlookups, etc. and comfortable working with large datasets.
Previous experience with recruiting systems and an understanding of how they operate for job postings, especially understanding the relationship between the recruiting system and pay transparency laws.
Previous experience with Power BI for reporting, dashboard creation, and data visualization
Ability to maintain a high level of accuracy in preparing and entering information
Ability to analyze data and translate findings into clear insights and recommendations
Strong attention to detail and organizational skills
Effective written and verbal communication skills
Ability to manage multiple priorities in a deadline-driven environment

Nice To Haves

Experience with compensation benchmarking or market pricing
Familiarity with salary survey participation and compensation structures
Experience maintaining or drafting job descriptions
Experience working with UKG, CompXL, Salary.com, and Culpepper

Responsibilities

Support the analysis of compensation programs, including base pay structures and incentive programs
Assist in evaluating, benchmarking, and market pricing jobs the organization's jobs by documenting responsibilities and requirements in job descriptions
Create recurring and ad hoc compensation reports and dashboards to support decision-making using the human resources information system
Maintain and update job descriptions to ensure they remain current and aligned with business needs
Support the firm’s annual year-end merit and incentive processes
Help ensure compensation programs comply with applicable laws, regulations, and company policies
Partner with practice and HR Business Partners on pay equity issues
Engage and participate in compensation salary surveys
Review UKG transactions and Milliman job postings to confirm alignment with the compensation structure
Use Power BI to build, maintain, and enhance dashboards and visual reporting for compensation metrics, workforce trends, market data, and internal equity analysis
Other duties as assigned

Benefits

Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
401(k) Plan – Includes a company matching program and profit-sharing contributions.
Discretionary Bonus Program – Recognizing employee contributions.
Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses.
Paid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
Holidays – A minimum of 10 paid holidays per year.
Family Building Benefits – Includes adoption and fertility assistance.
Paid Parental Leave – Up to 12 weeks of paid leave for employees who meet eligibility criteria.
Life Insurance & AD&D – 100% of premiums covered by Milliman.
Short-Term and Long-Term Disability – Fully paid by Milliman.