Sr. Compensation & Benefits Analyst
Stamford Health · Stamford, CT · 2 wk ago
Human ResourcesFull-time
Job Summary
About the role
The Senior Benefits & Compensation Analyst supports the design, administration, and analysis of the organization’s total rewards programs. This role ensures compensation structures remain competitive, benefits programs are compliant and cost-effective, and Benefits leadership receives accurate insights to guide strategic decisions. The analyst collaborates closely with Compensation, Benefits, HR, Finance, Payroll, and external vendors to deliver seamless employee experience.
Responsibilities
- Conduct market pricing, benchmarking, and job evaluations to ensure internal equity and competitiveness.
- Maintain pay ranges, recommend adjustments, and support annual compensation cycles.
- Aid in modeling, tracking, and administering short- and long-term incentive plans.
- Prepare dashboards, pay equity analyses, and executive-level reporting.
- Support daily operations of health, welfare, retirement programs.
- Evaluate plan performance, costs, and utilization to recommend enhancements or savings.
- Partner with brokers/carriers on claims review, renewal data, and plan selection.
- Support wellness initiatives, EAP programs, and preventive care campaigns.
- Care for contributions, audits, nondiscrimination testing, and employee education.
- Develop employee-friendly materials, FAQs, and presentations.
- Lead timelines, testing, communications, and system updates for annual enrollment.
- Monitor SLAs, escalate issues, and support vendor evaluations and RFPs.
- Maintain accurate compensation and benefits data and support process optimization.
- Cross-functional collaboration with Compensation & Benefits leadership team.
Qualifications/Requirements
- Preferred: Bachelor’s degree in Human Resources, Business, Finance, or related field. 5–7+ years of experience in compensation, benefits, or total rewards.
- Alternative: CEBS, CBP or equivalent certification and 3-5 years of benefit administration experience.
- Alternative: 7+ years of LOA administration experience.
- Advanced skillset with Microsoft Office Suite (Excel, Word, Power Point, Outlook), Adobe and HRIS system.
- Strong interpersonal skills – both oral and written.
- The ability to work in a fast-paced environment and meet deadlines.
- The ability to work with individuals at all organizational levels, particularly peers, team members, and department managers.
- Handle employee and organization information in a confidential manner.
- The ability to multi-task and accomplish ongoing tasks and project assignments in an accurate and timely manner with minimal level of supervision.