Compensation Analyst

POSITION SUMMARY:

The Compensation Department at Milliman Global Corporate Services (GCS) is looking to hire a Compensation Analyst. The ideal candidate in this role will assist the Senior Compensation Manager will core tasks such as job analysis and positioning of the organization's pay programs. This person will also be responsible for other tasks such as publishing jobs in Applicant Tracking System.

RESPONSIBILITIES:

• Evaluate the organization's jobs, documenting responsibilities and requirements in job descriptions.

• Maintain Applicant Tracking System (UKG) Recruiting by reviewing, publishing, and monitoring positions while also providing coaching when needed to internal clients on the new job code system and posting process.

• Contribute organizational data to and analyze results of compensation surveys.

• Conduct market analysis of company jobs to determine the competitive positioning of the organization's pay programs.

• Work in a new Compensation Management system to assist in configuration and data management for Practices and enable the year end compensation process.

• Work with department management and HR Business Partners on external market data and internal pay equity issues.

• Participate in annual salary administration programs, including salary structure creation and maintenance and development of incentive or salary increase budgets.

• Participate in the administration of annual performance management, incentive, or salary increase programs.

• Assist with the setup of the company's salary management, market data and job architect tool, Salary.com.

• Create ad hoc reports and complete audits of compensation, job codes, and other job related information housed in the company's HRIS system.

• Other duties as assigned.

SKILLS & QUALIFICATIONS REQUIRED:

• BS Degree in Human Resources Management or related field.

• The ideal candidate must have 2 years of compensation experience and working with HR business partners and/or generalists, managers, and employees within the company.

• The ideal candidate must have experience working with Microsoft Suite of products, but specifically Excel with formulas, etc.

• The ideal candidate must have experience with using HRIS systems and recruiting systems to process transactions and/or post jobs.

• Must have the ability to maintain a high level of accuracy in preparing and entering information.

• Must have the ability to respond actively and sensitively to customer needs and problems and adhere to deadlines.

• Must have a history of accepting change and responding to setbacks positively and with minimal disruption and the ability to take on a variety of different tasks and roles within the organization.

• Must be able to learn quickly when facing new problems: experiments and will try anything to find solutions; embrace the challenge of unfamiliar tasks.

• Must have experience communicating effectively and professionally with all management, co-workers, and all Practices within the company.

• Must have a history of adhering to work schedules and reports to work on time. Completes all assigned tasks.

• Must have demonstrated ability to make well-reasoned and timely decisions that favorably affect work performance and customer service.

• Must have the ability to work effectively and efficiently. Well organized. Prioritizes work properly.

• Must have a cooperative attitude and work well with all employees.

LOCATION:

This is a remote position. The expected application deadline for this job is August 15th, 2024.

COMPENSATION:

The salary range for this role is $54,000 to $106,000, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.

BENEFITS:

At Milliman, we focus on creating an environment that recognizes - and meets - the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:

• Medical, dental and vision coverage for employees and their dependents, including domestic partners.

• A 401(k) plan with matching program, and profit sharing contribution.

• Employee Assistance Program (EAP).

• A discretionary bonus program.

• Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked.

• Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period.

• A minimum of 8 paid holidays.

• Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage.

• Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs.

ABOUT MILLIMAN:

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

EQUAL OPPORTUNITY:

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.