Senior Compensation Analyst

EMC Insurance Companies

3d • $85,799 - $130,394 • Remote

About The Position

This role collaborates heavily with Central Time teams. We’re open to U.S. applicants whose working hours are within one hour of Central Time. EMC is a company focused on working together to make an impact, offering opportunities for growth, contribution, and gaining experience that matters. The company strives to be caring leaders, close partners, and responsive experts, supporting each other to do their best work. The goal is to improve lives together.

Requirements

• Bachelor’s degree in business or related field or equivalent relevant work experience
• Five years of experience in compensation or related experience
• Excellent knowledge of compensation terminology, market pricing, and compensation compliance
• Strong knowledge of compensation management in HRIS, preferably Workday
• Excellent communication, presentation, and stakeholder management skills
• Ability to elicit relevant information and make recommendations
• Advanced Excel skills
• Excellent analytical skills and attention to detail
• Ability to manage multiple priorities in a fast-paced environment
• Collaborative mindset with strong business acumen

Nice To Haves

• Experience in the insurance industry preferred
• experience with MarketPay and Workday a plus

Responsibilities

• Leads annual merit and off-cycle compensation processes, including data validation, testing and reporting.
• Supports full life cycle incentive and recognition programs.
• Proactively meets with leaders and HRBPs to understand workforce plans, talent needs, and financial constraints for assigned business units.
• Presents recommendations with clear trade‑offs, ROI, and risk/compliance considerations.
• Monitors outcomes and feedback; iterates programs and guidelines to improve fairness, competitiveness, and simplicity.
• Conducts market pricing and program prevalence analysis of base pay, incentive, recognition and other programs.
• Performs analysis and maintenance of salary structures and geographic pay zones.
• Designs and delivers compensation education for HRBPs, Talent Acquisition, and people leaders on compensation principles, program changes, and market trends.
• Develops and supports manager toolkits and communication materials for total rewards.
• Leads complex compensation projects, performs detailed analysis, and presents recommendations.
• Provides compensation consulting for assigned departments (director level and below).
• Leads the creation, revision, and governance of job descriptions to ensure strong job architecture.
• Guides job evaluations, communications evaluation outcomes, and provides recommendations on pay implications.
• Configures and maintains MarketPay and Workday compensation modules.
• Identifies opportunities for automation and process improvement.
• Ensures compliance with compensation laws, regulations, and internal controls, including FLSA exemption analysis and pay transparency requirements.
• Performs pay equity analysis as applicable.

Benefits

• life, medical, dental, vision and prescription drug coverage
• Competitive paid time off plan
• full day of volunteer time off annually
• 401(k) plan match
• pension plan
• OneEMC bonus plan
• recognition and anniversary awards
• Professional development and growth opportunities
• tuition reimbursement
• Wellness initiatives to improve team member well-being and reduce health insurance costs
• Flexibility to dress for your day
• opportunities for alternative work arrangements

What This Job Offers

• Job Type: Full-time
• Career Level: Senior