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Senior Rewards Analyst

Job in Northbrook, Cook County, Illinois, 60065, USA
Listing for: Underwriters Laboratories Inc.
Part Time position
Listed on 2026-02-19
Job specializations:
  • HR/Recruitment
    Talent Manager, Regulatory Compliance Specialist
  • Business
    Regulatory Compliance Specialist
Salary/Wage Range or Industry Benchmark: 90000 - 130000 USD Yearly USD 90000.00 130000.00 YEAR
Job Description & How to Apply Below
Position: Senior Total Rewards Analyst

This role is hybrid on‑site (3 days a week) at our Northbrook or Chicago, IL office. The Senior Total Rewards Analyst will manage and execute compensation strategies across a broad region, ensuring alignment with corporate compensation policies and local market trends. The role will provide in-depth analysis, reporting, and recommendations to optimize compensation structures, support recruitment and retention goals, and drive business performance.

The ideal candidate will possess strong analytical skills, an understanding of regional labor markets, and deep knowledge of compensation frameworks.

Responsibilities
  • Support the design, implementation and administration of compensation programs (e.g., salary range management, bonus forecasting, program cost & impact analysis). Drive market competitiveness; participate in market data surveys; analyze market data and labor trends to recommend plan design enhancements; primarily America‑focused, may include global programs.
  • Provide effective consultation to various audiences (HR, Talent Acquisition, business leaders, etc.) and share knowledge on compensation strategies, best practices, and programs; collaborate, build understanding, find solutions to inquiries, and consult on program design and options to ensure alignment with the compensation philosophy and total rewards strategy.
  • Conduct job evaluations to drive internal and external equity; develop an understanding of the jobs and organizational structures to formulate recommendations supporting new job creation, job level evaluation, labor law compliance, etc.
  • Drive the annual compensation process as part of a team; provide effective project management for the overall merit, promotions, annual bonus and long‑term incentive programs to include data audits, communications and resources, system testing, analysis & reporting, and effective cross‑functional partnerships.
  • Lead assigned projects and support team projects to provide subject‑matter expertise and thought leadership, preparing analysis, enhancements, and developing and presenting recommendations to leadership.
  • Develop communications, resources and tools to drive engagement and understanding of compensation programs; present compensation‑related materials as requested to various internal audiences.
  • Develop, document, and/or evaluate internal processes and reports and recommend enhancements to streamline workflow while ensuring compliance with regulatory requirements and Company compensation plan provisions.
  • Develop, automate, and maintain reporting utilizing analytical and visualization tools (e.g., Excel, Power BI) to support strategic decision making by functional and business partners and leadership.
  • Maintain knowledge of state and federal regulations and requirements governing compensation programs and policies and recommend appropriate courses of action based on updates in legislation. Partner with HR Business Partners and the internal legal team to ensure compliance.
  • Other projects as assigned.
Qualifications
  • Bachelor’s degree in human resources, finance, math, or other business‑related field, or equivalent education and/or experience.
  • 5 years’ combined experience in compensation, finance or human resources.
  • 3 years’ experience with compensation program administration, design and analytics.
  • Demonstrated application of compensation fundamentals (e.g., market pricing, job evaluations, base pay and incentive administration, consulting principles).
  • Thorough knowledge of laws and regulations affecting compensation design and administration.
  • Strong written and verbal communication skills; ability to consult and summarize analytics in a clear and concise manner.
  • Excellent analytical and project management skills with demonstrated ability to take initiative.
  • Demonstrated time‑management skills; ability to organize and prioritize work effectively and adapt to changing priorities.
  • Strong attention to detail and problem‑solving skills; ability to exercise independent judgment and critical thinking.
  • Strong proficiency in Microsoft Excel, PowerPoint, and HR systems (e.g., Oracle). Proficiency in statistics and data visualization tools (e.g., Power BI) is a plus.
  • Ability to work independently and effectively to drive results, as well as collaborate in a team environment.
Total Rewards

The estimated salary range for this position is $90,000 to $130,000, based on multiple factors such as job‑related knowledge/skills, experience, geographic location, and other considerations. The position is eligible for annual bonus compensation with a target payout of 10% of the base salary. Benefits include medical, dental and vision; wellness benefits such as mental and financial health; and retirement savings (401(k)) commensurate with the standard rewards offered at each location.

Paid time off includes vacation (15 days), holiday including floating holidays (12 days), and sick time (72 hours).

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Position Requirements
10+ Years work experience
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