Total Rewards Senior Analyst

Blue Cross and Blue Shield AssociationChicago, IL
2d$92,326 - $129,678

About The Position

This role supports the compensation, rewards, and recognition programs. This role involves market pricing, salary surveys, benchmarking system management, and providing guidance on evaluations, offers, promotions, job descriptions, and ad hoc requests. This role is expected to be a consultative partner to both the business and internal HR Partners. Respond to compensation inquiries, make recommendations for competitive pay based on guidelines, and offer effective consulting to managers and HR business partners. Complete market evaluations and analysis, review and update job descriptions to ensure data accuracy. Serve as a systems administrator for compensation market matching and job description management software. Prepare information for annual market surveys and assist in the annual market data refresh process. Manage the Compensation email box, support for the merit process, and ad-hoc reporting and analytics. The posting range for this position is: $92,326.00-$129,677.93

Requirements

  • High School/GED Required
  • Bachelor's Degree in Human Resources, Business Administration, Finance, or related field, or equivalent work experience.
  • 5+ Years applicable compensation experience
  • Consultative experience with business leaders and internal HR Partners
  • Working knowledge of federal/state compensation laws and regulations (e.g., pay equity, wage & hour/FLSA, pay transparency) and how they inform policy design and governance.
  • Understanding of job architecture/leveling concepts and their application to pricing, ranges, progression, and governance.
  • Ability to apply judgment under ambiguity: Weigh market data, internal equity, and budget constraints to recommend balanced pay actions at speed.
  • Ability to safeguard confidentiality/compliance: Handle sensitive compensation data appropriately; escalate risks and maintain controls.

Nice To Haves

  • Five or more years of applicable compensation experience.
  • Experience with consulting with managers, leaders, and HR Business Partners.
  • Experience in benchmarking and market research, job description review, Workday, and market pricing technology

Responsibilities

  • Market pricing
  • Salary surveys
  • Benchmarking system management
  • Providing guidance on evaluations, offers, promotions, job descriptions, and ad hoc requests
  • Consultative partner to both the business and internal HR Partners
  • Respond to compensation inquiries
  • Make recommendations for competitive pay based on guidelines
  • Offer effective consulting to managers and HR business partners
  • Complete market evaluations and analysis
  • Review and update job descriptions to ensure data accuracy
  • Serve as a systems administrator for compensation market matching and job description management software
  • Prepare information for annual market surveys and assist in the annual market data refresh process
  • Manage the Compensation email box
  • Support for the merit process
  • Ad-hoc reporting and analytics

Benefits

  • paid time off
  • 11 holidays
  • medical/dental/vision insurance
  • generous 401(k) matching
  • lifestyle spending account
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