Blue Cross Blue Shield Association · 22 hours ago
Compensation Principal
United States
Full-time
Remote
Lead/Staff
10+ years expBlue Cross Blue Shield Association is seeking a Principal Compensation Consultant who will serve as an enterprise level advisor and strategist for Total Rewards. This role involves setting direction for market pricing methodology, pay structures, and pay equity practices while counseling executives and leading cross-functional initiatives.
CommunitiesInsurance
Responsibilities
Establishes and continuously refines enterprise standards for market pricing, job leveling application, ranges, and pay equity analytics to ensure consistency and transparency
Creates governance mechanisms (playbooks, decision rights, audit protocols) that operationalize policy into scalable, repeatable processes across HR and the business
Serves as a consultant to executives and senior HR leaders on complex or sensitive compensation matters—articulating options, trade‑offs, and risk implications to steer decisions within policy and market guidance
Translates advanced analytics and external trends into clear recommendations that inform enterprise talent and pay strategies; presents to officer audiences with strong narrative and data storytelling
Governs data integrity for Total Rewards systems—overseeing complex audits, testing protocols, and remediation plans; anticipates upstream defects and designs systemic fixes that reduce rework
Designs leader‑ready materials, training, and communications that build pay fluency, support change adoption, and improve employee experience through clarity and transparency
Mentors other compensation team members; sets quality bars, reviews complex work, and elevates team capability through coaching and standards
Qualification
Required
Bachelor's degree in Human Resources, Business, Finance, Economics, Data Analytics, or related field— or equivalent experience
10+ years of progressive HR/Compensation experience with demonstrable ownership of enterprise or multi‑function compensation programs; prior experience advising executives on complex topics (market movement, equity, governance, risk)
Expert‑level proficiency in market pricing and job leveling; deep familiarity with job architecture frameworks and level criteria; able to guide consistent application across diverse functions
Demonstrated ability to own strategy, define governance, and convert policy into scalable processes, tooling, and training; proven record leading cross‑functional change
Advanced analytics (Excel, BI tools) with capability to design pay equity studies, build forecasting models, and translate findings into executive decisions
Exceptional communication and executive presence; skilled at framing options, implications, and recommendations succinctly for C‑suite audiences
Strong systems orientation (e.g., HRIS/comp planning tools); establishes testing protocols, data quality standards, and remediation playbooks
Proven ability to safeguard confidentiality and ensure compliance; sound judgment under ambiguity with a balanced, principle‑based approach to risk
Project/Program leadership of large, complex initiatives with measurable outcomes across multiple stakeholder groups
Preferred
MBA or Master's in Human Resources
Benefits
Paid time off
11 holidays
Medical/dental/vision insurance
Generous 401(k) matching
Lifestyle spending account
Many other benefits
Company
Blue Cross Blue Shield Association
Blue Cross Blue Shield Association is a national federation of 36 independent operated Blue Cross and Blue Shield companies.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Kim Keck
President and CEO
Lynn Merritt
Chief People Experience Officer
Recent News
2025-11-01
2025-10-31
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