Compensation Analyst

Kemper - Downers Grove, IL

Full-time

Hybrid - Downers Grove, IL

Insurance Carriers and Related Activities

About the position

The position involves partnering with the Compensation Consulting group and other Rewards team members to manage key Total Rewards initiatives. The role focuses on developing and supporting a competitive companywide compensation program, participating in compensation planning, and ensuring compliance with pay practices.

Responsibilities

• Conducts analysis of jobs to evaluate and recommend adjustments for internal equity, external competitiveness, and legal compliance.
• Participates in annual and quarterly compensation planning, including audits and training partners on tools.
• Partners with vendors to ensure renewal of salary survey sources and recommends enhancements to the salary survey library.
• Researches, analyzes, and prepares salary planning recommendations and data submission packages for salary surveys.
• Maintains organization-wide HRIS tables relevant to compensation and ensures accurate coding.
• Develops and revises job descriptions in compliance with federal and state regulations in partnership with HR Business Partners.
• Reviews changes to regulatory compliance and makes recommendations regarding minimum wage changes.
• Maintains final compensation-related documents in respective organizational sites.
• Administers the Employee Stock Purchase Plan, including communications and updates.

Requirements

• At least 3-5 years of relevant experience in broad base, executive, or HR-specific compensation.
• Bachelor's degree in business administration, Finance, Human Resources, or a related field.
• Working knowledge of Workday or other large ERP systems.
• Understanding of salary structure development principles and compensation market pricing analysis.
• Effective communication skills, both verbal and written, with the ability to interact at all organizational levels.
• Proficient analytical and problem-solving skills with attention to detail.
• Strong Excel skills, including VLOOKUPs and pivot tables.
• Integrity in handling confidential company and sensitive employee information.