Premera Blue Cross

Manager, Compensation and Executive Total Rewards

Premera Blue Cross$135K — $230K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Human Resources, Business or related field, or equivalent experience.
  • At least eight years of experience in Human Resources with five years specifically in Total Rewards.
  • Proven background in compensation and benefits programs.
  • Previous leadership experience is preferred.
  • Expert knowledge of market trends and compliance related to compensation.

Responsibilities

  • Design and lead Premera's compensation strategy for a performance-driven culture.
  • Conduct market pricing, benchmarking, and trend analysis for competitive compensation.
  • Collaborate with senior leaders to assess compensation needs and advise on reward decisions.
  • Serve as a trusted advisor to executive leadership and the Compensation Committee, providing strategic guidance.
  • Transform the sales compensation model into a strategic growth lever with performance-aligned incentives.
  • Provide expert counsel on complex executive compensation plans and their financial implications.
  • Lead and mentor a high-performing compensation team, enhancing their capabilities.

Benefits

  • Comprehensive medical, vision, and dental coverage with low premiums.
  • Voluntary benefits including pet insurance.
  • Life and disability insurance provided.
  • Retirement plans with employer match and a pension plan vested after 3 years.
  • Wellness incentives with resources for mental well-being.
  • Generous paid time off for recharging.
  • Tuition assistance for continuing education.
  • Employee recognition programs for achievements and milestones.
  • Flexible hybrid work model with access to on-campus resources.
Full Job Description
Workforce Classification:
Hybrid

As the Manager, Compensation & Executive Total Rewards, you will play a pivotal role in advancing Premera's compensation strategy, ensuring our programs reinforce a performance-driven culture that attracts, motivates, and retains top talent. In this highly visible role, you will serve as a trusted advisor to senior leaders and executives while managing and supporting a strong, collaborative compensation team.

Joining the Total Rewards team, you will collaborate closely with leaders across the organization to design and deliver market-competitive, forward-looking compensation programs that support Premera's growth and transformation. Your insight and expertise will directly influence how we reward leadership, align pay with performance, and drive long-term organizational success.

What You Will Do:
  • Design and lead Premera's compensation strategy, delivering competitive, performance-driven programs that reinforce a pay-for-performance philosophy and support attraction, retention, and long-term leadership effectiveness.
  • Lead market pricing, benchmarking, and trend analysis, ensuring compensation practices remain competitive, compliant, and aligned with evolving market conditions and regulatory expectations.
  • Partner closely with senior leaders across the enterprise to assess compensation needs, advise on critical reward decisions, and translate business strategy into thoughtful, actionable Total Rewards solutions.
  • Serve as a trusted advisor to executive leadership and the Compensation Committee of the Board, providing strategic guidance, rigorous analysis, and actionable recommendations while ensuring alignment with governance best practices and organizational goals.
  • Evolve Premera's sales compensation model from an administrative function to a strategic growth lever by designing performance-aligned incentives that support revenue growth, market competitiveness, and enterprise transformation.
  • Provide expert counsel on complex executive compensation, including short- and long-term incentive plans, deferred compensation, retirement programs, and perquisites, with clear insight into financial, budgetary, and talent implications.
  • Lead and mentor a high-performing compensation team, providing coaching and strategic direction while strengthening bench capability and capabilities to support Premera's growth and transformation.


What You Will Bring:
  • Bachelor's degree in Human Resources, Business or a related field, or four years of work experience. (Required)
  • Eight years of experience in Human Resources, including five years in Total Rewards, including a background with compensation and benefit programs. (Required)
  • Previous leadership and people management experience is preferred.


Premera total rewards

Our comprehensive total rewards package provides support, resources, and opportunities to help employees thrive and grow. Our total rewards are more than a collection of perks, they're a reflection of our commitment to your health and well-being. We offer a broad array of rewards including physical, financial, emotional, and community benefits, including:
  • Medical, vision, and dental coverage with low employee premiums.
  • Voluntary benefit offerings, including pet insurance for paw parents.
  • Life and disability insurance.
  • Retirement programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.
  • Wellness incentives with a wide range of mental well-being resources for you and your dependents, including counseling services, stress management programs, and mindfulness programs, just to name a few.
  • Generous paid time off to reenergize.
  • Looking for continuing education? We have tuition assistance for both undergraduate and graduate degrees.
  • Employee recognition program to celebrate anniversaries, team accomplishments, and more.


For our hybrid employees, our on-campus model provides flexibility to create your own routine with access to on-site resources, networking opportunities, and team engagement.
  • Commuter perks make your trip to work less impactful on the environment and your wallet.
  • Free convenient on-site parking.
  • Subsidized on-campus cafes make lunchtime connections with colleagues fun and affordable.
  • Participate in engaging on-site activities such as health and wellness events, coffee connects, disaster preparedness fairs and more.
  • Our complementary fitness & well-being center offers both in-person and virtual workouts and nutritional counseling.
  • Need a brain break? Challenge someone to a game of shuffleboard or ping pong while on campus.


The pay for this role will vary based on a range of factors including, but not limited to, a candidate's geographic location, market conditions, and specific skills and experience.

The salary range for this role is posted below; we generally target up to and around the midpoint of the range.

National Plus Salary Range:
$135,600.00 - $230,500.00

*National Plus salary range is used in higher cost of labor markets including Western Washington and Alaska.

We're happy to discuss compensation further during the interview because we believe that open communication leads to better outcomes for all. We're committed to creating an environment where all employees are celebrated for their unique skills and contributions.

About Premera Blue Cross

Premera Blue Cross is a nonprofit health plan that provides health, life, vision, dental, and long-term care insurance to more than 2 million people in Washington and Alaska. The company was founded in 1933 as Washington Hospital Service and changed its name to Premera Blue Cross in 1998. Premera Blue Cross is committed to improving the health of its members and communities it serves. The company has a strong focus on innovation and has launched several initiatives to improve healthcare delivery and reduce costs. Premera Blue Cross is also committed to sustainability and has implemented several programs to reduce its environmental impact.
Learn more about Premera Blue Cross
Size
3,500 employees
Industry

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