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Blue Cross Blue Shield Association · 1 week ago

Total Rewards Lead Analyst

Chicago, IL

Full-time

Onsite

Mid, Senior Level

$113K/yr - $163K/yr

7+ years exp

Blue Cross Blue Shield Association is seeking a Total Rewards Lead Analyst to serve as a compensation expert. This role involves analyzing compensation data for market competitiveness and pay equity, leading data audits, and supporting total rewards projects through planning and implementation.

CommunitiesInsurance

Responsibilities

Analyzing compensation data to ensure market competitiveness and pay equity

Leading data accuracy and integrity by reviewing, auditing, testing, and identifying process improvements surrounding total rewards data

Supporting small to large-scale total rewards projects through project planning, design, tracking, analytics, material creation, and implementation

Leading or supporting compensation, recognition, or HR-related projects based on HR strategy and deliverables

Managing problem resolution, database management, testing, and system functionality

Supporting the compensation team with the design and implementation of compensation policies, guidelines, and programs that align with the organization’s total rewards philosophy

Managing pay structures, policies, and programs related to base pay, compensation administration, job classifications, market pricing analysis, and incentives

Ensuring compensation-related changes align with the total reward philosophy based on data-driven decisions

Creating comprehensive compensation reports and analytics to ensure consistent, equitable, and market-competitive compensation delivery based on current guidelines

Qualification

Compensation analysisData integrity managementAdvanced Excel skillsMarket pricing analysisProject managementAnalytical skillsPay equity knowledgePolicy operationalizationWritten communicationOral communicationCross-functional collaborationConfidentiality compliance

Required

Bachelor's Degree in human resources, Business Administration, Finance, or related field or equivalent work experience

7+ Years HR experience, with at least 5 of those in Compensation

Significant experience reviewing, leveling and market pricing jobs

Ability to apply judgment under ambiguity to recommend balanced pay actions

Ability to operationalize policy into clear, repeatable processes and training

Ability to consult and educate leaders and internal partners while building strong cross-functional relationships and steering decisions within guidelines

Ability to lead improvements and spot upstream data/process issues; design and socialize fixes that reduce rework and improve stakeholder experience

Ability to safeguard confidentiality and compliance with sensitive data

Advanced Excel skills, including formulas, lookups, and pivot tables

Advanced analytical skills

Advanced written and oral communication and professional presentation skills

Working knowledge of pay equity practices

Project management skills