Senior Total Rewards Analyst

UL Solutions • Chicago, IL

386d • Hybrid

About The Position

The Senior Total Rewards Analyst is responsible for managing and executing compensation strategies across a broad region, ensuring alignment with corporate compensation policies and local market trends. This role involves in-depth analysis, reporting, and recommendations to optimize compensation structures, support recruitment and retention goals, and drive business performance. The ideal candidate will possess strong analytical skills, an understanding of regional labor markets, and a deep knowledge of compensation frameworks.

Requirements

• Bachelor's degree in human resources, finance, math, or other business-related field or equivalent education and/or experience.
• 5 years' combined experience in compensation, finance or human resources.
• 3 years' experience with compensation program administration, design and analytics.
• Demonstrated application of compensation fundamentals such as market pricing and job evaluations.
• Thorough knowledge of laws and regulations affecting compensation design and administration.
• Strong written and verbal communication skills; ability to consult and summarize analytics clearly.
• Excellent analytical and project management skills with demonstrated initiative.
• Strong attention to detail and problem-solving skills; ability to exercise independent judgment.
• Strong proficiency in Microsoft Excel, PowerPoint, and HR systems; proficiency in statistics and programming languages is a plus.

Nice To Haves

• Proficiency in data visualization tools such as Power BI.
• Experience with programming languages like R, Python, or SQL.

Responsibilities

• Support the design, implementation and administration of compensation programs to drive market competitiveness.
• Provide effective consultation to various audiences and share knowledge on compensation strategies and best practices.
• Conduct job evaluations to drive internal and external equity and formulate recommendations supporting new job creation.
• Drive the annual compensation process as part of a team, managing merit, promotions, annual bonus and long-term incentive programs.
• Lead assigned projects and support team projects, providing subject matter expertise and thought leadership.
• Develop communications, resources and tools to drive engagement and understanding of compensation programs.
• Develop, document, and evaluate internal processes and reports, recommending enhancements to streamline workflow.
• Maintain knowledge of state and federal regulations governing compensation programs and ensure compliance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Real Estate
• Education Level: Bachelor's degree