EMC Insurance Companies

Keeping insurance human

Senior Compensation Analyst

AnalystAnalystFull TimeRemoteTeam 1,001-5,000Since 1911H1B No SponsorCompany SiteLinkedIn

Location

Illinois

Posted

38 days ago

Salary

$78.7K - $108.8K / year

Bachelor Degree5 yrs expEnglish

Job Description

• Leads annual merit and off-cycle compensation processes, including data validation, testing, and reporting • Supports full life cycle incentive and recognition programs • Proactively meets with leaders and HRBPs to understand workforce plans, talent needs, and financial constraints for assigned business units • Presents recommendations with clear trade-offs, ROI, and risk/compliance considerations • Monitors outcomes and feedback; iterates programs and guidelines to improve fairness, competitiveness, and simplicity • Conducts market pricing and program prevalence analysis of base pay, incentive, recognition, and other programs • Performs analysis and maintenance of salary structures and geographic pay zones • Designs and delivers compensation education for HRBPs, Talent Acquisition, and people leaders • Develops and supports manager toolkits and communication materials for total rewards • Leads complex compensation projects, performs detailed analysis, and presents recommendations • Provides compensation consulting for assigned departments (director level and below)

Job Requirements

  • Bachelor’s degree in business or related field or equivalent relevant work experience
  • Five years of experience in compensation or related experience
  • Experience in the insurance industry preferred
  • Excellent knowledge of compensation terminology, market pricing, and compensation compliance
  • Strong knowledge of compensation management in HRIS, preferably Workday
  • Advanced Excel skills; experience with MarketPay and Workday a plus
  • Excellent analytical skills and attention to detail
  • Ability to manage multiple priorities in a fast-paced environment

Benefits

  • Health insurance
  • Competitive paid time off plan
  • Full day of volunteer time off annually
  • Financial incentives including a 401(k) plan match and pension plan
  • Tuition reimbursement
  • Wellness initiatives to improve team member well-being

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