Premera Blue Cross Compensation Consultant in Mountlake Terrace, Washington
Join Our Team: Do Meaningful Work and Improve People’s Lives
Our purpose, to improve customers’ lives by making healthcare work better, is far from ordinary. And so are our employees. Working at Premera means you have the opportunity to drive real change by transforming healthcare.
To better serve our customers, we’re creating a culture that promotes employee growth, collaborative innovation, and inspired leadership. We are committed to creating an environment where employees can do their best work and where best-in-class talent comes, stays, and thrives!
As a Compensation Consultant , you play an important role in shaping Premera's growth and transformation by providing guidance on Compensation issues to the organization. This role is key in the implementation, administration, and revision of compensation and performance review programs to attract, retain, and motivate all employees or groups of employees. You will work collaboratively with your client group(s) and work with all levels including Senior Leadership Team and Executive Leadership Team members focusing on the delivery of job analysis, market competitiveness analysis, and reporting of base and variable compensation plans and programs. As a member of the Total Rewards team, you will provide HR leadership and consultation to help influence the organization to operate in alignment with Premera's Purpose and Values while supporting the improvement of organizational performance. You will be a strong business and systems thinker, demonstrating solid judgment and decisiveness and will analyze and synthesize data to provide solutions that get business results.
What You’ll Do:
Assist with design of compensation programs and implement and continuously improve compensation programs and processes that are a vehicle to attract, motivate and retain highly productive employees.
Identify key compensation trends, issues and opportunities, offer alternatives and recommend action plans to assigned clients, management or executives that support the Pay for Performance Philosophy.
Provide guidance to the business and develop methodological solutions on a variety of total compensation issues including the setting of appropriate pay levels, base pay, annual incentive pay and other rewards.
Partner closely with Compensation team, management and other HR expert teams on design, policy development, guidelines, and implementation of key compensation programs.
Provide strategic consulting on compensation plans and programs that support business goals. Actively participate in rollout of company-wide HR initiatives and programs.
Ensure effective management and maintenance of current plans, systems and tools, including but not limited to; participating in assigned salary surveys, evaluating jobs using established systems, determining pay grade assignments, FLSA status, etc., maintaining the company's salary grades and job classification structures within HR systems and tools and analyzing pay practices ensuring timeliness, accuracy and compliance with all applicable legal standards.
Proactively maintain business knowledge of client group(s), Premera and the industry
Represent Total Rewards leadership to assigned clients, management or executives and models Premera's values.
What You’ll Bring:
Bachelor’s degree in business administration, accounting, human resources management or four years of work experience.
Six years of experience in progressive business environment, including three years of experience in compensation as an analyst with financial analysis, business analysis, data analytics or reporting responsibilities.
MBA or Professional Certification, e.g., CCP, preferred.
Experience in operating in a matrix organization. Broad business experience.
Knowledge of current compensation processes, practices, and employment law with experience applying this knowledge in various situations within an organization.
Knowledge of compensation theory, planning, design, audit and trends with emphasis on market pricing and modeling and analysis experience; what if scenarios, interpretation of compensation plans.
High attention to detail, strong organization skills and meticulous analytical capability.
Ability to communicate financial data and systems in an understandable manner to all levels of management and staff. Proven ability to effectively facilitate groups and strong presentation skills.
Ability to take initiative and manage multiple projects successfully in a fast-paced and changing environment.
Demonstrated ability to consult effectively with all levels of management including executives, the ability to influence others without direct position power, and to earn credibility and client trust. Demonstrated skill and effectiveness as a relationship builder and internal consultant.
Advanced level skill in the operation and utilization of software such as Microsoft Windows, Excel, PowerPoint, etc.
What we offer
Medical, vision and dental coverage
Life and disability insurance
Retirement programs (401K employer match and pension plan)
Wellness incentives, onsite services, a discount program and more
Tuition assistance for undergraduate and graduate degrees
Generous Paid Time Off to reenergize
Equal employment opportunity/affirmative action:
Premera is an equal opportunity/affirmative action employer. Premera seeks to attract and retain the most qualified individuals without regard to race, color, religion, sex, national origin, age, disability, marital status, veteran status, gender or gender identity, sexual orientation, genetic information or any other protected characteristic under applicable law.
If you need an accommodation to apply online for positions at Premera, please contact Premera Human Resources via email at firstname.lastname@example.org or via phone at 425-918-4785.
At Premera, we make healthcare work better. By focusing on improving our customers’ experience purposefully and serving their needs passionately, we make the process easier, less costly, and more positive. Through empathy and advocacy, we change lives.
As the leading health plan in the Pacific Northwest, we provide comprehensive health benefits and services to more than 2 million customers, from individuals to Fortune 100 companies. Our services include innovative programs focused on health management, wellness, prevention, and patient safety. We deliver these programs through health, life, vision, dental, disability, and other related products and services.
Premera Blue Cross is headquartered in Mountlake Terrace, WA, with operations in Spokane and Anchorage. The company has operated in Washington since 1933 and in Alaska since 1952. With more than 80 years of experience in the region, we deliver innovation, choice, and expertise.
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