Elevance Health

Compensation Analyst Sr.

Elevance Health$75K — $95K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA in a related field required.
  • 4+ years of relevant HR experience, preferably in compensation.
  • HR certification is preferred.
  • Strong Excel skills, including PivotTables and VLOOKUP functions, needed.
  • Experience with data visualization and translating analysis for diverse audiences is essential.
  • Familiarity with Workday and Power BI is preferred.

Responsibilities

  • Provide counsel on compensation strategies and salary decisions.
  • Conduct pay equity studies and compression analyses.
  • Collaborate with sales organizations to offer data insights.
  • Administer corporate-wide compensation initiatives and incentive plans.
  • Evaluate market data for internal equity and competitiveness.
  • Participate in annual pay program development and analysis.

Benefits

  • Merit increases and incentive bonus programs available.
  • Generous Paid Time Off and paid holidays.
  • Medical, dental, and vision insurance offered.
  • 401(k) plan with company match and stock purchase plan.
  • Wellness programs and financial education resources available.
Full Job Description
Anticipated End Date:
2026-07-02

Position Title:
Compensation Analyst Sr.

Job Description:

Compensation Analyst Senior

Location: This role requires associates to be in-office 1 - 2 days per week, fostering collaboration and connectivity, while providing flexibility to support productivity and work-life balance. This approach combines structured office engagement with the autonomy of virtual work, promoting a dynamic and adaptable workplace. Ideal candidates will reside within a commuting distance from our Indianapolis, Atlanta, Richmond, or Norfolk PulsePoints.

Please note that per our policy on hybrid/virtual work, candidates not within a reasonable commuting distance from the posting location(s) will not be considered for employment, unless an accommodation is granted as required by law.

The Compensation Analyst Senior will be responsible for providing counsel regarding various compensation practices and policies and conducting on-going analysis for assigned job families with a focus on the sales job family to include sales incentive eligible roles.

How you will make an impact:
  • Counsels management on the company's compensation strategy, policies, programs, communications and making salary decisions regarding pay actions, and conducts pay equity studies and compression analyses and participates in annual pay program development (research and analysis).
  • Works closely with partners within the sales organizations across the enterprise to provide data and consultation.
  • Understands the sales incentive models as well as equity tied to long-term incentives across the enterprise.
  • At this level, emphasis is primarily on service delivery/administration with some advisory and consultative activities and conducting annual market evaluations and on-going internal equity and external competitiveness comparisons for assigned job families.
  • Supports corporate-wide compensation initiatives, including incentive plan administration, merit process, total direct compensation analysis, and salary survey design and submission.


Minimum Requirements: Requires a BA degree in related field and minimum of 4 years' related experience with HR consultative experience; or any combination of education and experience, which would provide an equivalent background.

Preferred Skills, Capabilities and Experiences:
  • HR related designation preferred.
  • Foundational compensation knowledge and experience strongly preferred.
  • Demonstrated proficiency in Microsoft Excel, including developing PivotTables, performing lookup functions (VLOOKUP, XLOOKUP, INDEX/MATCH), and utilizing formulas to support data analysis and reporting strongly preferred.
  • Demonstrated experience creating clear, compelling data visualizations and translating complex analyses into actionable insights for both technical and non-technical audiences, including presenting findings to stakeholders and using data storytelling to explain trends, drivers, and recommendations.
  • Workday/Workday reporting experience strongly preferred.
  • Power BI experience preferred.


Job Level:
Non-Management Exempt

Workshift:
1st Shift (United States of America)

Job Family:
HRS > Total Rewards

Please be advised that Elevance Health only accepts resumes for compensation from agencies that have a signed agreement with Elevance Health. Any unsolicited resumes, including those submitted to hiring managers, are deemed to be the property of Elevance Health.

We offer a range of market-competitive total rewards that include merit increases, paid holidays, Paid Time Off, and incentive bonus programs (unless covered by a collective bargaining agreement), medical, dental, vision, short and long term disability benefits, 401(k) +match, stock purchase plan, life insurance, wellness programs and financial education resources, to name a few.

Elevance Health operates in a Hybrid Workforce Strategy. Unless specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.

The health of our associates and communities is a top priority for Elevance Health. We require all new candidates in certain patient/member-facing roles to become vaccinated against COVID-19 and Influenza. If you are not vaccinated, your offer will be rescinded unless you provide an acceptable explanation. Elevance Health will also follow all relevant federal, state and local laws.

NOTE: Workday keeps job postings active through 11:59:59 PM on the day before the listed end date. Example: If the end date is 3/13, the posting will automatically come down on 3/12 at 11:59:59 PM. In other words - the job is posted until 3/13, not through 3/13.

About Elevance Health

Epoch Health represents the next evolution in comprehensive healthcare specifically for men. Our philosophy is a clinical approach designed to help men enhance their quality of life through truly personalized and professional clinical care. At Epoch we stress appropriate health treatments, proactive screenings and lifestyle modifications.

Elevance Health Careers

Join the vibrant team at Elevance Health, a leader in healthcare solutions, where we prioritize innovation, leadership, and the well-being of our communities. At Elevance Health, we offer more than just job opportunities; we provide a pathway to a fulfilling career in a diverse and inclusive environment.

Work You’ll Do

At Elevance Health, you will be part of a team dedicated to reshaping the future of healthcare through outstanding service and cutting-edge technology. Our professionals enjoy a culture of collaboration and respect that supports both personal and professional growth.

Explore Career Opportunities

Whether you're seeking your first internship or a seasoned professional position, Elevance Health offers a range of employment opportunities across various specialties. Our team is growing, and we are hiring individuals who are passionate about making a difference in healthcare. Explore positions that match your skills and interests in our dynamic company.

Innovate and Lead

Join us and contribute to a culture of innovation and continuous improvement. At Elevance Health, you will work alongside industry leaders and have the chance to develop leadership skills that are crucial in today’s fast-paced healthcare environment. Our leadership and diversity training ensure that all team members are equipped to lead, inspire, and thrive.

Develop Your Career

Elevance Health is committed to the professional growth of our employees. With access to comprehensive benefits, career development programs, and networking opportunities, you can expand your skills and advance your career within a supportive and nurturing environment. Our commitment to professional development is reflected in our robust training programs and our focus on promoting from within.

Benefits and Culture

We understand that the well-being of our employees is paramount. Elevance Health offers competitive benefits designed to support the health, financial security, and work-life balance of our team members. Our inclusive culture fosters innovation and is one of our greatest strengths.

Join Our Team

Ready to make a significant impact in healthcare? Search for open job opportunities at Elevance Health that align with your skills and career ambitions. We are looking for curious, creative, and solution-driven team players who are ready to drive change and deliver solutions.

Stay Connected

Keep up to date with the latest in career opportunities and company news by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and see what exciting and rewarding opportunities await at Elevance Health.

Apply Now

Start your journey with Elevance Health by exploring our career portal for available job opportunities. Submit your resume, prepare for your interview, and take the first step towards a rewarding career that makes a real difference.

Elevance Health Careers

Empowering your future in healthcare. Join us and be part of a team that is dedicated to improving lives and communities every day.
Learn more about Elevance Health
Size
3,969 employees
Market Cap
$116.9 billion
Industry
Net Income
$4.5 billion
Founded
1944
5 Year Trend
+10.3%
Revenue
$121.8 billion
NASDAQ

Similar Jobs

More Jobs at Elevance Health

More Business Services Jobs

Find similar Compensation Analyst Sr. jobs: