Senior Compensation Analyst

Senior Compensation Analyst

The Compensation Department at Milliman Global Corporate Services (GCS) is looking to hire a Compensation Analyst. The Compensation Analyst supports the development, analysis, and administration of the organization's compensation programs. This role reviews base pay structures, incentive programs, market pricing, and maintenance of job descriptions, while helping ensure compensation programs align with business objectives and applicable laws and regulations.

Responsibilities include:

• Support the analysis of compensation programs, including base pay structures and incentive programs
• Assist in evaluating, benchmarking, and market pricing jobs by documenting responsibilities and requirements in job descriptions
• Create recurring and ad hoc compensation reports and dashboards to support decision-making using the human resources information system
• Maintain and update job descriptions to ensure they remain current and aligned with business needs Support the firm's annual year-end merit and incentive processes
• Help ensure compensation programs comply with applicable laws, regulations, and company policies
• Partner with practice and HR Business Partners on pay equity issues
• Engage and participate in compensation salary surveys
• Review UKG transactions and Milliman job postings to confirm alignment with the compensation structure
• Use Power BI to build, maintain, and enhance dashboards and visual reporting for compensation metrics, workforce trends, market data, and internal equity analysis
• Other duties as assigned

Skills and qualifications required include:

• Bachelor's degree in Business Administration, Human Resources Management, Finance, or related field.
• 4-6 years of compensation-related experience, including partnering with HR generalists, managers, and employees across the organization.
• Previous experience supporting compensation, HR analytics, finance, or a related function.
• Previous experience working in Microsoft Suite of products, but specifically Excel with formulas, vlookups, xlookups, etc. and comfortable working with large datasets.
• Previous experience with recruiting systems and an understanding of how they operate for job postings, especially understanding the relationship between the recruiting system and pay transparency laws.
• Previous experience with Power BI for reporting, dashboard creation, and data visualization
• Ability to maintain a high level of accuracy in preparing and entering information
• Ability to analyze data and translate findings into clear insights and recommendations
• Strong attention to detail and organizational skills
• Effective written and verbal communication skills
• Ability to manage multiple priorities in a deadline-driven environment

Skills and qualifications preferred include:

• Experience with compensation benchmarking or market pricing
• Familiarity with salary survey participation and compensation structures
• Experience maintaining or drafting job descriptions
• Experience working with UKG, CompXL, Salary.com, and Culpepper

Location: This is a remote role.

Compensation: The overall salary range for this role is $78,800 - $145,130. For candidates residing in Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Newark, San Jose, San Francisco, Pennsylvania, Virginia, Washington, or the District of Columbia the salary range is $90,620 - $145,130. All other locations the salary range is $78,800 - $126,200. A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

Benefits: We offer a comprehensive benefits package designed to support employees' health, financial security, and well-being. Benefits include:

• Medical, Dental and Vision Coverage for employees, dependents, and domestic partners.
• Employee Assistance Program (EAP) Confidential support for personal and work-related challenges.
• 401(k) Plan Includes a company matching program and profit-sharing contributions.
• Discretionary Bonus Program Recognizing employee contributions.
• Flexible Spending Accounts (FSA) Pre-tax savings for dependent care, transportation, and eligible medical expenses.
• Paid Time Off (PTO) Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
• Holidays A minimum of 10 paid holidays per year.
• Family Building Benefits Includes adoption and fertility assistance.
• Paid Parental Leave Up to 12 weeks of paid leave for employees who meet eligibility criteria.
• Life Insurance & AD&D 100% of premiums covered by Milliman.
• Short-Term and Long-Term Disability Fully paid by Milliman.

About Milliman: Independent for over 77 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.

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