Total Rewards Analyst

Innovative Hematology, Inc. • Indianapolis, IN

1d • Hybrid

About The Position

The Total Rewards Analyst is responsible for the operational administration, analysis, and continuous improvement of compensation and benefits programs. This role owns day-to-day Total Rewards analytics, reporting, and program execution, while supporting strategic program development led by the Total Rewards Program Manager.

Requirements

• Minimum Bachelor’s degree in human resources or related field, or 5 years of experience in Human Resources, required.
• Minimum 1-3 years of benefits, compensation, HR analytics, finance, or related experience; healthcare experience, preferred.
• Knowledge of employee benefits and applicable laws and regulations.
• Proficiency in Word and Microsoft Office, including Microsoft Excel and PowerPoint.
• Knowledge of appropriate analysis and application of competitive salary surveys.
• Strong Excel proficiency skills.
• Skills with preparing presentations leveraging data analytics.

Nice To Haves

• healthcare experience, preferred.

Responsibilities

• Conducts market pricing and benchmarking; evaluate roles for grade and salary placement
• Maintains pay structures, job architecture, and compensation documentation
• Analyzes internal equity, market competitiveness, and pay relationships
• Produces recurring compensation reports and dashboards
• Tracks key metrics (compa-ratio, range penetration, market index, pay equity indicators)
• Supports merit, bonus, and incentive cycles (modeling, tracking, reporting)
• Identifies compression, inversion, and retention risks
• Participates in salary surveys and analyze results
• Administers benefit programs including enrollments, life event changes, and employee inquiries
• Supports open enrollment execution (system configuration, communications, vendor coordination)
• Monitors participation, utilization, and vendor reporting
• Maintains accurate benefit records and documentation
• Develops and maintain IHI’s employee benefits site and employee benefits education
• Develops and maintain standardized and self-service HR/Total Rewards reports (e.g., ADP)
• Reduces reliance on manual report pulls by enabling HR team access and usability
• Ensures data integrity across compensation and benefits systems
• Delivers analytics to support operational and leadership decision-making
• Provides analytical and administrative support for disability and leave management programs, including tracking leave utilization, coordinating with third-party administrators, monitoring case status, and supporting employee and manger inquiries
• Serves as day-to-day liaison with vendors, brokers, and third-party administrators
• Develops, document, and maintain SOPs for recurring Total Rewards processes
• Executes administrative processes aligned with defined SOPs
• Supports year-end activities including open enrollment and compensation cycles
• Partners with HR Generalist on job evaluation, leveling, and organizational design
• Provides guidance to HR Generalists on compensation and benefits processes
• Partners with HR Generalist and managers to administer disability, leave of absence, and accommodation programs, ensuring compliance with company policies and applicable federal and state regulations
• Supports Total Rewards Program Manager with data, analysis, and presentation materials
• Participates in team workflows with clear accountability boundaries
• Ensures accurate data and documentation to support audits and compliance reviews
• Executes operational controls (data validation, reconciliations, reporting)
• Escalates compliance risks or discrepancies to HR Compliance leadership
• Supports the administration of FMLA, ADA, Short-Term Disability (STD), Long-Term Disability (LTD), and other leave programs by partnering with HR Generalists to ensure timely processing, regulatory compliance, and accurate recordkepping.

Benefits

• competitive salary and benefit package

What This Job Offers

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