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Rewards Senior Analyst

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Blue Cross Blue Shield Association
Full Time position
Listed on 2026-01-11
Job specializations:
  • HR/Recruitment
    Regulatory Compliance Specialist, Talent Manager
  • Business
    Regulatory Compliance Specialist
Salary/Wage Range or Industry Benchmark: 92326 USD Yearly USD 92326.00 YEAR
Job Description & How to Apply Below
Position: Total Rewards Senior Analyst

Position Overview

This role supports the compensation, rewards, and recognition programs. It involves market pricing, salary surveys, benchmarking system management, and providing guidance on evaluations, offers, promotions, job descriptions, and ad hoc requests. The role is expected to be a consultative partner to both the business and internal HR Partners.

Responsibilities
  • Respond to compensation inquiries, make recommendations for competitive pay based on guidelines, and offer effective consulting to managers and HR business partners.
  • Complete market evaluations and analysis, review and update job descriptions to ensure data accuracy.
  • Serve as a systems administrator for compensation market matching and job description management software.
  • Prepare information for annual market surveys and assist in the annual market data refresh process.
  • Manage the Compensation email box, support the merit process, and provide ad‑hoc reporting and analytics.
  • Provide guidance on evaluations, offers, promotions, job descriptions, and ad‑hoc requests.
Qualifications
  • Education: Required High School/GED. Required Bachelor's Degree in Human Resources, Business Administration, Finance, or related field, or equivalent work experience.
  • Experience: Required 5+ Years applicable compensation experience.
  • Consultative experience with business leaders and internal HR Partners.
  • Working knowledge of federal/state compensation laws and regulations (pay equity, wage & hour/FLSA, pay transparency) and how they inform policy design and governance.
  • Understanding of job architecture/leveling concepts and their application to pricing, ranges, progression, and governance.
  • Ability to apply judgment under ambiguity: weigh market data, internal equity, and budget constraints to recommend balanced pay actions at speed.
  • Ability to safeguard confidentiality and compliance: handle sensitive compensation data appropriately; escape risks and maintain controls.
  • Experience with consulting with managers, leaders, and HR Business Partners.
  • Experience in benchmarking and market research, job description review, Workday, and market pricing technology.
Compensation

Posting range: $92,326.00 – $

Five or more years of applicable compensation experience.

Benefits

We offer a comprehensive package of benefits including paid time off, 11 holidays, medical/dental/vision insurance, generous 401(k) matching, lifestyle spending account, and many other benefits to eligible employees.

Note:

No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that is allocable to a particular employee remains in the Company's sole discretion until paid and may be modified at the Company's sole discretion, consistent with the law.

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Position Requirements
10+ Years work experience
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