Total Rewards Analyst

Cohen & Co • Baltimore, MD

9d • $90,000 - $110,000

About The Position

The Total Rewards Analyst supports the design, administration, analysis, and continuous improvement of the organization’s compensation, benefits, recognition, and wellness programs. As a member of the People & Culture team, this role helps ensure programs are competitive, equitable, compliant, and aligned with talent and business strategies. The position provides operational support and contributes to strategic initiatives that support the employee experience.

The role supports compensation administration, including market pricing, job evaluations, compensation analyses, reporting, annual compensation planning, salary structures, and responses to compensation inquiries. It also supports employee benefit programs, open enrollment, vendor relationships, benefits reporting, renewals, and plan design projects.

The analyst generates and analyzes compensation, benefits, and workforce reports; maintains HRIS data integrity; supports compliance, audits, and documentation; and partners with payroll, finance, legal, leaders, and People Business Partners. The role also helps design and improve Total Rewards processes and programs for a growing international workforce, supports HR technology such as Workday, and assists with recognition, wellness, and engagement initiatives.

Requirements

• 3–5 years of experience in compensation, benefits, HR operations, total rewards, or related HR functions.
• Understanding of compensation and benefits principles and practices.
• Strong analytical and quantitative skills.
• Advanced Excel skills, including pivot tables, lookups, and data analysis.
• Experience creating reports, dashboards, and presentations.
• Strong attention to detail and commitment to data accuracy.
• Excellent organizational and project management skills.
• Effective verbal and written communication skills.
• Ability to handle confidential and sensitive information with discretion.
• Strong customer service mindset and relationship-building skills.
• Ability to manage multiple priorities in a fast-paced environment.

Nice To Haves

• Bachelor’s degree in Human Resources, Business Administration, Finance, Accounting, or a related field.
• Experience administering compensation and benefits programs in Workday, including Workday Advanced Compensation functionality.
• Experience utilizing compensation surveys and market data.
• Certified Compensation Professional (CCP), Certified Employee Benefits Specialist (CEBS), or related certification in progress.
• Experience supporting annual compensation review processes.
• Experience with benefits renewals and vendor management.
• Knowledge of FLSA, pay equity, and compensation compliance requirements.
• Experience with reporting and analytics tools such as Power BI.

Responsibilities

• Support the administration of compensation programs, policies, and processes.
• Conduct market pricing and benchmarking using salary surveys and compensation data.
• Assist with job evaluations, leveling, and compensation analyses.
• Prepare compensation reports, salary recommendations, and workforce analytics.
• Support annual compensation planning, including merit, bonus, and promotion cycles.
• Maintain salary structures, compensation guidelines, and job documentation.
• Partner with leaders and People Business Partners on compensation-related inquiries.
• Support day-to-day administration of employee benefit programs, including health, welfare, retirement, leave, and wellness offerings.
• Respond to employee benefits questions and escalations.
• Coordinate annual open enrollment activities and employee communications.
• Manage vendor relationships and assist with benefits reconciliation and reporting.
• Monitor benefits program effectiveness and utilization trends.
• Assist with benefits renewals, benchmarking, and plan design projects.
• Generate regular and ad hoc compensation, benefits, and workforce reports.
• Analyze trends related to employee participation, costs, market competitiveness, and program effectiveness.
• Support dashboard development and workforce planning initiatives.
• Maintain data integrity within HRIS and related systems.
• Create presentations and materials for leadership reviews and decision-making.
• Support compliance with federal, state, and local regulations related to compensation and benefits.
• Assist with audits and reporting requirements.
• Help maintain compensation and benefits policies, procedures, and documentation.
• Partner with payroll, finance, and legal teams to support program compliance and accuracy.
• Help design, implement, and scale Total Rewards processes, programs, and policies while identifying ways to improve employee experience and administrative efficiency.
• Support Total Rewards programs for a growing international workforce across the United States, Cohen India, Ireland, and future global locations.
• Support implementation, optimization, and continuous improvement of HR technology, including Workday and related systems.
• Assist with employee recognition, wellness, and engagement programs.
• Deliver accurate and timely compensation and benefits administration.
• Support annual compensation and open enrollment processes.
• Produce analytics that support business and talent decisions.
• Build trusted relationships with employees, managers, and business stakeholders.

Benefits

• Comprehensive and competitive Total Rewards package.
• Time off beyond standard PTO, including time to give back to the community.
• Annual discretionary merit increases and bonuses.
• Talent development resources and growth opportunities.

What This Job Offers

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