Compensation Analyst

Compensation Analyst

Provides direct and support to the Compensation & Benefits processes, tasks and projects on Compensation assignments/projects. Participates in the compilation, evaluation, and analysis of compensation programs, policies, and procedures. Support job evaluations, and audits evaluation of positions and application of existing classifications to individuals.  Involved in the administration of performance appraisal and salary administration programs, reviewing and recommending changes in wages and salaries for conformance to policy.  Conducts and participates in compensation surveys.

Responsibilities

• Provide compensation recommendations and reporting in the areas of data analytics, performance management and compensation administration.
• Support in job banding review preparation: analyze job responsibilities, activities, duties, requirements and organizational structure.
• Support to reviewing offers; to develop compensation packages for internal and external hires.
• Support the implementation and ongoing compensation administration systems and Workday application program.
• Support the year-end compensation planning process.
• Collaborate with HR Partners and Recruiters on compensation related issues and questions.
• Assist in C&B analytics to get useful insight to drive C&B actions.
• Support Managers as needed in day-to-day activities and/or special compensation or research projects.

Qualifications

• Bachelor's degree in relevant field of study strongly preferred.
• Minimum of 2 years of Compensation experience strongly preferred.
• C&B technical knowledge with good understanding on HR practices.
• Demonstrated ability to form excellent working relationships with internal and external clients and partners.
• Ability to manage multiple tasks with good time management.
• Detail-oriented with commitment to quality.
• Ability to write and speak clearly, concisely and persuasively with peers, supervisor, customers or vendors in a one-on-one or group setting.
• Experience with Compensation administration systems and Workday application program.
• Must possess strong Excel skills including proficiency with pivot tables and data analysis function. Microsoft Access a plus.

About The Cigna Group