Compensation Analyst

Company Description

As a leader in Medicare health insurance distribution, Spring Venture Group guides people through one of their most important life decisions — finding the right insurance coverage. We are on a mission to be the most trusted partner for our customers and our people, enabling empowered decisions along the journey to health and financial well-being. 

Spring Venture Group offers incredible culture, benefits, and fantastic income potential in a stable and successful work environment at a Medicare agency. This starts with a workplace that empowers people to do their best work. Come build a rewarding career and make a meaningful impact on peoples’ lives in an environment that values your determination. Join our diverse, inclusive team and get ready to crush your goals!

This is a role that is HYBRID in Kansas City, so applicants must currently be in the Kansas City area.  We are also unable to sponsor for this role.

Job Description

OVERVIEW

Manages employer compensation programs to align with company goals for recruitment, retention, and engagement. Develops and communicates pay structures and guidelines, advising managers on pay decisions in compliance with policy and budget. Evaluates jobs, maintains descriptions, and analyzes market competitiveness, pay equity, and compensation trends through surveys.

REPORTS TO

The Compensation Analyst reports to the Sr. Director, Human Resources. 

ESSENTIAL DUTIES

The essential duties and responsibilities for this position include, but are not limited to: 

• Manage compensation benchmarking, promotional requests, market adjustments, and bonus requests.
• Lead and administer annual compensation processes, including end of year merit and SVG annual bonus.
• Manage CompAnalyst system, including completing the annual required survey. 
• Conduct ad-hoc compensation analysis and prepare compensation reports for management, including developing compensation metrics and dashboards.
• Prepare and maintain job descriptions. 
• Maintain compensation data integrity in  Workday.
• Monitor compensation trends and best practices, and ensure compliance with federal, state, and local compensation laws.
• Support executive compensation programs and attend compensation committee meetings.
• Develop and maintain compensation communication materials.
• Conduct pay equity analysis.
• Support HR Business Partners with compensation-related inquiries, and develop and deliver compensation training to managers and employees.
• Support sales commission plan design and administration.
• Lead compensation-related audits and participate in compensation-related projects.

BEHAVIORS

The SVG behaviors are listed below:

• Be Aware (Emotional Intelligence)
• Be Open & Honest (Communication)
• Be a Team Player (Teamwork and Collaboration)
• Be Accomplished (Drive for Results)
• Be the Example (Develop Self & Empower People)
• Be Forward Thinking (Strategic Thinking)
• Be a Problem Solver (Continuous Improvement)

Qualifications

Education/Experience:

• Bachelor's Degree in Business or Human Resources. 
• 2-5 years in Compensation Analyst or similar role.
• Knowledge of federal, state, and local laws governing compensation.
• Knowledge of compensation principles and  best practices.
• Knowledge of current job markets and trends.

Skills/Specialties:

• Proficiency in Excel, HRIS and compensation software.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to handle sensitive and confidential matters and situations.
• Strong data analytical skills.

Certifications/Licenses:

• CCP or HRCI/SHRM certification preferred.
• Workday experience preferred.

Additional Information

• Competitive compensation Medical, Dental and Vision benefits after a short waiting period
• 401k matching program
• Generous paid time off program with an additional company break during the holidays
• Annual Volunteer Time Off (VTO) and a donation matching program
• Life Insurance Employee Assistance Program (health & well-being on and off the job) Rewards and Recognition
• Maternity and Parental Leave Training program and ongoing support throughout your entire Spring Venture Group career
• Diverse, inclusive & welcoming culture
• Optional enrollment options include HSA/FSA, AD&D, Spousal/Dependent life insurance,  Short Term/Long Term Disability, Travel Assist, and Legal plans

Spring Venture Group is an Equal Opportunity Employer

Spring Venture Group is an Equal Opportunity Employer