Senior Compensation Analyst

Clearwater Analytics • Chicago, IL

100d

About The Position

At Clearwater Analytics, we are on the verge of exciting advancements that will shape the future of our organization and industry. Following our recent acquisitions, we are coming together to leverage our collective strengths toward a shared vision of innovation and excellence. We are seeking a Senior Compensation Analyst to join our People team and serve as the owner of global compensation strategy and execution. This is a hands-on, roll-up-your-sleeves role responsible for designing, analyzing, and maintaining Clearwater’s compensation framework—including global pay structures, bands, job architecture, and market data benchmarking. You will partner closely with HR leadership, Finance, and business leaders to ensure compensation practices are competitive, equitable, and aligned with Clearwater’s growth strategy.

Requirements

• 5+ years of progressive experience in compensation analysis, preferably in a global or high-growth technology/financial services company.
• Strong expertise in job architecture, market benchmarking, pay grades, and compensation frameworks.
• Advanced analytical skills, with proficiency in Excel and HRIS/compensation tools (Workday experience a plus).
• Experience working directly with senior leadership to influence and guide compensation decisions.
• Highly detail-oriented, organized, and comfortable operating in both strategic and tactical capacities.
• Strong communication and presentation skills with the ability to explain complex data in a clear, concise way.

Responsibilities

• Lead the design, implementation, and maintenance of salary structures, pay grades, and compensation bands across regions.
• Manage job architecture, leveling, and job evaluation processes to ensure consistency and fairness globally.
• Monitor regulatory and compliance requirements related to compensation.
• Own vendor relationships for market data surveys and tools.
• Conduct regular market analyses to ensure Clearwater remains competitive in all regions.
• Provide actionable insights on pay trends, equity, and internal parity.
• Support design and administration of annual merit, bonus, and incentive programs.
• Partner with Finance and HRBPs to model compensation budgets and forecasting scenarios.
• Deliver clear reporting and analytics to inform executive decision-making.
• Develop scalable processes for compensation review cycles and job evaluations.
• Ensure HRIS and compensation systems are optimized for accurate data and reporting.
• Establish documentation, guidelines, and training for managers and HR partners.

What This Job Offers

• Career Level: Senior