Senior Compensation Analyst-Detroit, Tower

With more than 7,000 employees, we are the largest health insurance company in Michigan. We offer an exciting work environment with a diverse group of employees. Our goal is to make health insurance easier for our members. We want to transform the industry and become a resource that people can trust.

Detroit, MI

Blue Cross Blue Shield of Michigan

When you think of <a href="https://www.bcbsm.com/" target="_blank" rel="noopener noreferrer">Blue Cross Blue Shield of Michigan</a> for health insurance, you can know you&rsquo;re getting much more. We're a company founded on a tradition of affordable, quality health care for everyone, improving the present and investing in the future.<br /><br />We offer:<br />Plans for employers and individuals that meet today&rsquo;s needs, budgets and lifestyle<br />The largest network of doctors and hospitals in the state<br />Lower health care costs Higher quality health care<br />Award-winning diversity practices<br />Grants and programs that promote better health throughout Michigan<br /><strong><br />Mission:&nbsp;</strong>We commit to being our members&rsquo; trusted partner by providing affordable, innovative products that improve their care and health.<br /><br /><a href="http://www.bcbsm.com/index/about-us/our-company.html" target="_blank" rel="noopener noreferrer"><strong>Click here</strong></a> to learn more about our commitment to our Social Mission, view company updates and reviews, and view our awards &amp; accolades.<br /><br />Learn more about your options as an external candidate. <a href="https://bcbsm.taleo.net/careersection/2/jobsearch.ftl?lang=en" target="_blank" rel="noopener noreferrer">Click here</a> to view open positions. http://www.bcbsm.com

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Full-time

Competitive Compensation and Benefits Package

Overview: Plans, develops, implements and administers job evaluations, common review merit process, wage/salary program, and incentive programs for the Company. Participates in salary surveys, audits and studies of compensation practices and develops recommendations for compensation changes needed to ensure the Company maintains competitive practices in the marketplace. Ensures compensation programs and job classifications comply with applicable wage and hour laws.
Responsibilities: <ul> <li>Independently resolve more complex employee and management inquiries that arise related to compensation policies, practices, processes, including job analysis.</li> <li>Develop and/or update nonbargaining job descriptions and bargaining unit job postings according to established format.</li> <li>Lead workgroups composed of various areas in the corporation to complete projects and/or tasks.</li> <li>Identify and analyze business problems and devise procedures and solutions to the problems.</li> <li>Assist personnel by answering questions, supplying information and training as necessary.</li> <li>Develop, maintain and produce monthly, quarterly or annual reports, as required.</li> <li>Research, analyze and develop information to support Human Resources policies and procedures or client requests.</li> <li>Provide information for internal and external audits and market surveys as necessary.</li> <li>Prepare presentations on compensation related topics.</li> <li>Other duties may be assigned.</li> </ul>
Requirements: <ul><li>Bachelor's Degree in Business Administration, Human Resources Management, Mathematics, Accounting, Finance or related area preferred. </li><li>Five (5) years or more experience in compensation or related area required. </li><li>Certified Compensation Professional (CCP) designation preferred. </li><li>Excellent analytical, organizational, problem resolution, verbal and written communication skills. </li><li>Must be self-motivated, able to work independently and within a team to meet established deadlines. </li><li>Ability to demonstrate a high attention to detail and accuracy. </li><li>Proficient in current industry standard PC applications and systems (i.e., Excel, Word). </li><li>Thorough knowledge of applicable Human Resources laws (i.e., State and Federal labor laws, FLSA, etc.). </li><li>Other related skills and/or abilities may be required to perform this job. </li></ul>