Compensation Analyst

Company :

Highmark Health

Job Description : 

JOB SUMMARY

This job provides a variety of analytical and support services in the designing, implementation, evaluating and administration to the enterprise compensation program.

ESSENTIAL RESPONSIBILITIES

• Maintain a system of ongoing market analysis that remains at an appropriate level of competitiveness. This includes participating in the compensation survey process to provide, relevant market data for market evaluations and recommendations.
• Perform varying degrees of analysis of information gathered from surveys, HR systems and other relevant information collected in order to develop recommendations for the development, revision and maintenance of the enterprise compensation programs.  This includes having the ability to: (a) build databases, (b) utilizes complex queries, (c) data analysis tools, and (d) development of metrics and analytics.
• Conduct job evaluations for positions according to the Company’s compensation job evaluation system to properly classify jobs.
• Maintain a thorough understanding of all relevant company policies, state and federal regulations governing compensation practices.
• Perform project task work or participates on project teams to develop compensation administrative processes and systems or respond to ad-hoc requests from management. 
• Other duties as assigned or requested.

EDUCATION

Required

• Bachelor's Degree in Business Administration, Human Resources, Finance or related field

Substitutions

• 6 years of related and progressive experience in lieu of Bachelor's degree 

Preferred

• Master's Degree in Business Administration, Human Resources, Finance or related field

EXPERIENCE

Required

• 3 years in a Compensation role or other analytical field OR
• 2 years in analytical/quantitative/business role AND   1 year in a Compensation role

Preferred

• None

LICENSES or CERTIFICATIONS

Required

• None

Preferred

• Certified Compensation Professional (CCP)

SKILLS

• Intermediate statistical knowledge
• Intermediate understanding of formulas and capabilities of spreadsheet and database applications
• Experience analyzing, aggregating, and summarizing data using spreadsheet applications, and ability to translate data into insights and communicate interpretations and findings.
• Ability to work under pressure independently and as part of a team.

Language (Other than English):

None

Travel Requirement:

0% - 25%

PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS

Position Type

Office-based

Teaches / trains others regularly

Occasionally

Travel regularly from the office to various work sites or from site-to-site

Rarely

Works primarily out-of-the office selling products/services (sales employees)

Never

Physical work site required

Yes

Lifting: up to 10 pounds

Constantly

Lifting: 10 to 25 pounds

Occasionally

Lifting: 25 to 50 pounds

Rarely

Disclaimer: The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job.

Compliance Requirement : This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies.

As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times.  In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy. 

Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and training requirements.

Referral Level Payout 1

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex, national origin, sexual orientation/gender identity or any other category protected by applicable federal, state or local law. Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, national origin, sexual orientation/gender identity, protected veteran status or disability.

Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, age, religion, sex, national origin, sexual orientation/gender identity or any other category protected by applicable federal, state or local law. Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, age, religion, sex, national origin, sexual orientation/gender identity, protected veteran status or disability. 

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For accommodation requests, please contact HR Services Online at HRServices@highmarkhealth.org

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