Senior Compensation Analyst
EMC Insurance Companies
full-time
Posted on:
Location Type: Remote
Location: Illinois • United States
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Salary
💰 $78,726 - $108,771 per year
Job Level
About the role
- 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)
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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
compensation analysismarket pricingsalary structuresgeographic pay zonescompensation complianceHRISadvanced Exceldata validationreportingincentive programs
Soft Skills
analytical skillsattention to detailcommunicationleadershiporganizational skillsproblem-solvingcollaborationpresentation skillsadaptabilityproject management