Senior Compensation & Benefits Analyst

Materion • Mayfield Heights, OH

3d

About The Position

The Senior Compensation & Benefits Analyst supports the design, implementation, and administration of Materion’s compensation and benefits programs. The role requires expertise in job evaluations, offer management, benefits administration, and compliance with applicable labor and benefits laws. The analyst collaborates with HR and business leaders to provide data-driven analysis and recommendations that support strategic decision-making within the Total Rewards function.

Requirements

• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field.
• At least 4 years of experience in compensation and benefits analysis or related functions.
• Proven expertise in compensation analysis, job evaluation, offer management, and benefits administration.
• Strong knowledge of labor and benefits laws and regulations, including FLSA, ERISA, ACA, COBRA, and FMLA.
• Advanced Excel skills, including data modeling, pivot tables, and complex analysis.
• Excellent analytical, communication, organizational, and interpersonal skills.
• Ability to manage multiple priorities and collaborate across teams.

Nice To Haves

• Experience with Workday compensation and benefits modules.

Responsibilities

• Manage and analyze job offers to ensure alignment with company policies and market competitiveness, and provide guidance to HR partners.
• Conduct job evaluations and maintain current job descriptions to support accurate and equitable compensation structures.
• Lead the annual compensation review process, including merit and bonus reviews, and annual benefits enrollment in Workday in partnership with the team.
• Administer employee benefits programs, including health insurance, retirement plans, disability, life insurance, wellness programs, and voluntary benefits.
• Collaborate with insurance carriers, brokers, vendors, and internal stakeholders to resolve issues and support efficient plan delivery.
• Develop and maintain advanced Excel models to analyze compensation and benefits data, identify trends, and inform decisions.
• Use Workday compensation and benefits modules to administer programs and generate reports for monitoring and analysis.
• Partner with HR and business leaders to provide data-driven recommendations supporting organizational goals and employee engagement.
• Support other total rewards initiatives, including equity plan administration, sales incentive programs, and deferred compensation plans.

What This Job Offers

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