Compensation Analyst, Senior
H&P · Tulsa, OK · 2 days ago
Human ResourcesFull-time
About the role
The Compensation Analyst, Senior supports the design, analysis, implementation, and optimization of comprehensive total rewards programs. This hands-on role leverages strong analytical skills and benefits and compensation expertise to deliver data-driven insights, support regulatory compliance, and improve program effectiveness. Location: Tulsa, OK. Work type: On-site.
Responsibilities
- Analyze total rewards programs, including compensation, benefits, retirement, and leave programs, to evaluate competitiveness, cost effectiveness, utilization trends, and employee impact.
- Prepare actionable reports, dashboards, analytical models, and supporting documentation for leadership and employee communications.
- Manage vendor coordination across total rewards programs, including stock plan administrators, global compensation survey partners, benefits carriers, leave administrators, retirement recordkeepers, brokers, and consultants; oversee performance, contracts, SLAs, and issue resolution.
- Partner with external vendors and consultants on plan design, RFPs and ongoing performance management.
- Support annual total rewards cycles, including merit reviews, incentive planning, open enrollment, post-cycle analysis, and recommendations for continuous improvement.
- Analyze market data to assess competitiveness and recommend adjustments to pay structures and benefit design.
- Support pay equity reviews, structure modeling efforts, audits, regulatory reporting, and documentation requirements.
- Support strategy and governance for the company's 401(k), pension, and health and welfare plans, including coordination with recordkeepers, advisors, and internal stakeholders.
- Support retirement and health and welfare plan fiduciary responsibilities, including investment and plan reviews, audit-ready documentation, and committee meeting materials.
- Oversee compliance activities for benefits, retirement, and leave programs, including Form 5500 preparation, audits, disclosures, and ERISA, IRS, and DOL requirements.
- Serve as a subject matter expert for employee benefits, including retirement, medical, dental, vision, life, disability, FSA/HSA, wellness, and leave programs.
- Collaborate cross-functionally with HR Business Partners, HR Shared Services, Finance, Payroll, Legal, and Communications to support organizational initiatives, open enrollment, merit and incentive compensation cycles, and benefits education.
- Identify and implement process improvements to streamline administration, enhance HRIS data accuracy, and strengthen employee communications and tools.
- Maintain confidentiality and proper handling of sensitive employee and financial data.
Requirements
- Bachelor's degree in Human Resources, Business Administration, Finance, related field or equivalent experience.
- 4–7 years of progressive experience in total rewards.
- Working knowledge of benefit plans, fiduciary governance, ERISA, FMLA, ADA, Section 125, and related regulations.
- Advanced Excel proficiency, practical understanding of AI tools, and experience with HRIS platforms; Workday preferred.
- Proven ability to translate complex data into clear insights and recommendations for diverse audiences.
Preferred qualifications
- Experience with job evaluation and analysis, compensation survey interpretation, and market pricing.
- Professional certifications, such as SHRM, CEBS, WorldatWork CCP/CBP, or retirement plan credentials.
- Demonstrated success in process improvement, technology-enabled solutions, and cross-functional collaboration.
Benefits
- Flexible Spending or Health Savings Accounts
- 401k match
- Paid Leave Plans
- Parental & Adoption Benefits
- Disability Coverage
- Employee Assistance Program
- Educational Assistance
- Learning & Development Opportunities
- Flex-scheduling available for qualifying positions to achieve work-life integration
- Comprehensive medical, dental, vision, and life insurance