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Blue Cross Blue Shield Association · 1 day ago

Total Rewards Senior Analyst

US IL Chicago E. Randolph

Full-time

Onsite

Senior Level

$92K/yr - $130K/yr

5+ years exp

Blue Cross Blue Shield Association is seeking a Total Rewards Senior Analyst to support their compensation, rewards, and recognition programs. The role involves market pricing, salary surveys, and providing consultative support to business leaders and HR partners.

CommunitiesInsurance

Responsibilities

Support the compensation, rewards, and recognition programs

Involve in market pricing, salary surveys, benchmarking system management, and providing guidance on evaluations, offers, promotions, job descriptions, and ad hoc requests

Act as 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

Qualification

Compensation experienceFederal/state compensation lawsConsultative experienceJob architecture conceptsWorkdayMarket pricing technologyAnalytical skillsConfidentiality compliance

Required

High School/GED

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