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Compensation Analyst, Senior

  • Job
    Senior Level
  • Banking & Finance
  • $99K - $148.5K
  • Oakland, +2

AI generated summary

  • You need 5+ years of compensation experience, a degree, and Excel proficiency. Healthcare or HRIS experience is a plus. Partner with HR and business managers.
  • You will refine and administer compensation programs, analyze market data, provide expertise on compliance and regulations, advise business leaders, and support annual review processes and projects.


  • Requires a bachelor’s degree or equivalent experience
  • Requires at least 5 years of prior compensation or relevant experience
  • Requires proficiency with Microsoft Office suite, with advanced knowledge of MS Excel
  • Requires experience providing compensation consulting to a line of business
  • Experience working in a healthcare organization preferred
  • Experience with Oracle HRIS preferred
  • Experience partnering with HR partners and business managers to provide guidance on employee populations (including hourly, exempt and executives) preferred


  • Refine and administer compensation programs, potentially including base pay, executive compensation, sales compensation, annual review, job architecture and short- and long-term incentive plans, along with the supporting systems
  • Provide compensation-related research and analysis and make recommendations to resolve compensation issues including completing job audits evaluations, descriptions
  • Be responsible for participating in salary surveys and analyzing and interpreting market data to develop recommendations
  • Act as a subject matter expert in interpreting compensation policies, guidelines, and plan documents
  • Maintain and apply knowledge related to compliance and government regulations regarding pay, including FLSA
  • Act as a subject matter expert in advising business leaders, HR business partners (HRBPs) and Talent Acquisition as it relates to interpreting compensation policies, guidelines and plan documents, as well as providing analysis and reports to support this consulting as appropriate
  • Partner with HRBPs and Talent Acquisition on offers for promotions, laterals, job changes and new hires
  • Maintain the job structure framework through the job evaluation process, ensuring that positions are evaluated against the established set of criteria and are leveled consistently across the organization
  • Participate in end-to-end activities related to the compensation workstream component of the annual review process (Year End process) which includes merit budgeting, salary structure analysis, incentive planning, partnering on Year End system enhancements, communications, reporting activities and general project management
  • Participate and support medium to large-scale compensation projects and possibly take the lead on small-scale compensation projects


What is the reporting structure for the Senior Compensation Analyst role?

The Senior Compensation Analyst will report to the Senior Manager, Compensation.

What is the role of the Compensation team within the organization?

The Compensation team is an in-house center of expertise and consulting team that provides leadership and guidance in the development and delivery of effective compensation strategies and policies in alignment with enterprise values and strategic direction.

What are the main responsibilities of the Senior Compensation Analyst?

The Senior Compensation Analyst will provide guidance and recommendations to the business to ensure understanding and effective use of compensation programs.

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Mission & Purpose

Blue Shield of California strives to create a healthcare system worthy of its family and friends that is sustainably affordable. Blue Shield of California is a tax-paying, nonprofit, independent member of the Blue Shield Association with 4.7 million members, 7,800 employees, and $22.9 billion in annual revenue. Founded in 1939 in San Francisco and now headquartered in Oakland, Blue Shield of California and its affiliates provide health, dental, vision, Medicaid and Medicare healthcare service plans in California. Blue Shield of California complies with applicable state laws and federal civil rights laws, and does not discriminate on the basis of race, color, national origin, ancestry, religion, sex, marital status, gender, gender identity, sexual orientation, age, or disability.