Sr. Total Rewards Analyst

Blue Cross Blue Shield of Massachusetts•Boston, MA

1d•$94,680 - $115,720•Hybrid

About The Position

The Sr. Total Rewards Analyst executes the quantitative analysis, data modeling, and system administration required to support the maintenance of our competitive corporate compensation and benefits programs. This role leverages artificial intelligence (AI) tools, machine learning, and advanced data visualization to automate routine tracking, audits compensation and benefits programs and forecast labor costs trends. Working closely with HR leadership, this analyst transforms complex data into actionable insights and ensures the integrity of our total rewards framework, helping the organization attract, motivate, and retain top talent.

Requirements

2 -3 years of corporate data analysis experience, with a heavy focus on total rewards analytics
Practical experience utilizing AI-driven analytics tools or writing data scripts (e.g., advanced SQL, Python, or expert-level Excel macros).
High proficiency with enterprise HRIS platforms (e.g., Workday, PayFactors) and specialized compensation management modules.
Proven track record building automated, interactive reports in Power BI or Tableau.
Bachelor's degree in Business Analytics, Finance, Statistics, Human Resources, or a highly quantitative field.
A natural problem-solver: You are intellectually curious and enjoy digging into complex issues, using data to find not just the "what" but the "why."
A storyteller with data: You have a knack for translating complex quantitative analysis into clear, compelling narratives and visualizations for a non-technical audience.
Meticulous attention to detail: You understand that the accuracy of compensation data is paramount and are committed to ensuring its integrity and quality.
A drive for improvement: You are always looking for ways to make processes more efficient and effective, with a strong desire to automate and innovate.

Responsibilities

Conducts deep-dive statistical analyses on base pay, corporate incentive structures, and performance-based reward programs.
Conducts detailed job evaluations and market pricing analyses for new and existing roles, ensuring alignment with our internal job architecture and external market competitiveness.
Optimizes and automates the ingestion of annual Total Reward market surveys and external benchmarks.
Builds predictive data models and applies machine learning algorithms to forecast total rewards trends and variable incentive payouts.
Sets up and maintains AI-powered platforms and processes to automate total rewards workflows.
Supports the administration of the backend technology for annual merit cycles, bonus allocations, and employee benefits open enrollment.
Designs and maintains dynamic, automated total rewards dashboards for HR business partners and executive leadership.
Serves as a key resource for HR Business Partners and Talent Acquisition, providing data and analysis for variety of Total Rewards inquiries.