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BlueCross BlueShield of South Carolina · 1 day ago

Compensation Manager

Columbia, SC

Full-time

Onsite

Mid, Senior Level

6+ years exp

BlueCross BlueShield of South Carolina is seeking a Compensation Manager to oversee the corporate salary administration program. The role involves designing, implementing, and maintaining compensation strategies that ensure internal equity and market competitiveness while providing guidance and oversight for compensation-related activities.

Financial ServicesHealth CareHealth InsuranceInsuranceMedical

Responsibilities

Responsible for the continuous improvement of the compensation program including giving feedback, recommendations and process improvements within the area. Partners with other areas to learn the organization and apply best practices for the organization as a whole. Recommends reporting dashboards to be used to guide business leaders in Compensation decisions

Monitors and analyzes corporate strategy and recommends design improvements to the compensation program including base salary, merit pay/performance management system, and variable pay. Communicates, educates management, and implements program updates. Advises management on compensation issues. Ensures compliance with market pricing methodology and job evaluation procedures. Ensures adherence to all federal/state laws and regulations pertaining to compensation

Provides guidance and oversight of the compensation area. Ensures appropriate decision making and accurate and timely processing of compensation transactions. Develops staff presentation/outreach competencies to interact with all levels of management in performing job audits, researching initiatives and providing feedback/results. Makes presentations and conducts training for all levels within the organization on compensation-related topics and issues

Maintains the company's position control process, job documentation, web-based recruiting/applicant tracking system, and variable pay and other programs related to corporate compensation. Manages compensation co-sourcing of market pricing software

Qualification

Compensation designVariable pay program designHuman resources lawsData analysisMicrosoft OfficeProject managementPresentation skillsNegotiation skillsDecision makingFlexibility

Required

Bachelor's in a job related field

6 years progressively responsible Accounting, Business Administration, or Human Resources experience to include experience in a large, multi-faceted company, including 1 year project management and 2 years supervisory/management experience, may be concurrent

Demonstrated knowledge of compensation design, analysis, and practices

Knowledge of variable pay program design and implementation

Knowledge of pay strategy design

Advanced knowledge of human resources laws and regulations

Ability to work independently and make sound decisions

Ability to analyze trends and make recommendations to management

Ability to be flexible/multitask/prioritize effectively based on changing business needs

Ability to persuade, negotiate, or influence others

Ability to direct, motivate, and assess performance of others

Microsoft Office

Proficiency in complex spreadsheet design such as pivot tables and regression analysis

Strong knowledge of reporting tools

Benefits

Subsidized health plans, dental and vision coverage

401k retirement savings plan with company match

Life Insurance

Paid Time Off (PTO)

On-site cafeterias and fitness centers in major locations

Education Assistance

Service Recognition

National discounts to movies, theaters, zoos, theme parks and more

Company

BlueCross BlueShield of South Carolina

Glassdoor3.6

For more than six decades, BlueCross BlueShield of South Carolina has been part of the national landscape. Our roots are firmly embedded in the state.

Founded in 1946

Columbia, South Carolina, USA

10001+ employees