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Sr. Compensation Analyst

Blue Cross Blue Shield of Michigan
United Statesfull_timeVerifiedPosted 10 Mar 2025

About the role

Plans, develops, implements and administers job evaluations, common review merit process, wage/salary program, and incentive programs for the Company.  Participates in salary surveys, audits and studies of compensation practices and develops recommendations for compensation changes needed to ensure the Company maintains competitive practices in the marketplace.  Ensures compensation programs and job classifications comply with applicable wage and hour laws.
  • Independently resolve more complex employee and management inquiries that arise related to compensation policies, practices, processes, including job analysis. 
  • Develop and/or update nonbargaining job descriptions and bargaining unit job postings according to established format.
  • Lead work groups composed of various areas in the corporation to complete projects and/or tasks. 
  • Identify and analyze business problems and devise procedures and solutions to the problems. 
  • Assist personnel by answering questions, supplying information and training as necessary. 
  • Develop, maintain and produce monthly, quarterly or annual reports, as required. 
  • Research, analyze and develop information to support Human Resources policies and procedures or client requests. 
  • Provide information for internal and external audits and market surveys as necessary. 
  • Prepare presentations on compensation related topics.
  • Other duties may be assigned.
 

Qualifications

  • Bachelor's Degree in Business Administration, Human Resources Management, Mathematics, Accounting, Finance or related area preferred.
  • Five (5) years or more experience in compensation or related area required.
  • Certified Compensation Professional (CCP) designation preferred.
  • Excellent analytical, organizational, problem resolution, verbal and written communication skills.
  • Must be self-motivated, able to work independently and within a team to meet established deadlines.
  • Ability to demonstrate a high attention to detail and accuracy.
  • Proficient in current industry standard PC applications and systems (i.e., Excel, Word).
  • Thorough knowledge of applicable Human Resources laws (i.e., State and Federal labor laws, FLSA, etc.).
  • Other related skills and/or abilities may be required to perform this job.
All qualified applicants will receive consideration for employment without regard to, among other grounds, race, color, religion, sex, national origin, sexual orientation, age, gender identity, protected veteran status or status as an individual with a disability.

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Company

Blue Cross Blue Shield of Michigan

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