Compensation Analyst

PRA GROUP, INC.

Norfolk (VA)

On-site

USD 64,000 - 96,000

Full time

6 days ago
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Benefits offered by this job

Paid time off
Medical insurance
Dental insurance
Vision insurance
401k match
Life insurance

Job summary

PRA Group is seeking a Compensation Analyst to support compensation and equity programs, analyze market data, and help drive decisions aligned with our compensation philosophy. You will work with HRBP, payroll, HRIS, and finance teams to turn data into practical insights.

Responsibilities include market pricing, merit processes, equity administration, and governance improvements. Strong Excel, Workday, and data visualization skills are essential.

Qualifications

  • Bachelor’s degree in HR, business, finance, or related field.
  • 3+ years in compensation, equity administration, HR analytics, or related field.
  • Knowledge of core compensation practices: job evaluation, market pricing, salary structures, benchmarking.
  • Experience supporting compensation cycles: merit, annual reviews, incentives.
  • Experience with equity compensation administration and reporting (grants, vesting, data).
  • Experience using HRIS for data extraction, validation, reporting; Workday preferred.
  • Advanced Excel skills: pivot tables, lookups, complex formulas, data modeling.
  • Strong analytical, problem solving, organizational, and communication skills; ability to handle confidential information.

Responsibilities

  • Support annual merit and compensation review processes from data prep to post-cycle review.
  • Provide analytical support for offers, promotions, and job changes.
  • Develop dashboards and recurring/adhoc analyses for HR and leaders.

Skills

Analytical skills
Attention to detail
Communication skills
Project management
Discretion/confidentiality

Education

Bachelor’s degree in HR or related field

Tools

Workday
Microsoft Excel
Power BI
E*TRADE Equity Edge Online

Job description

Position Summary

Support the organization’s compensation and equity programs.
Conducts job evaluations and market pricing, supports annual compensation and incentive processes, prepares reporting and analysis, and helps maintain accurate compensation and equity data. Works closely with HR Business Partners, Talent Acquisition, Payroll, HRIS, Finance, and business leaders to turn data into practical insights and support compensation decisions aligned with the organization’s compensation philosophy, policies, and business objectives.

Compensation Analysis and Market Data

Conduct job evaluations and market pricing analyses that support job architecture, salary structures, and compensation decisions. Analyze compensation surveys and external market data; coordinate survey submissions, validation, and results analysis. Review internal compensation data to identify trends, inconsistencies, and internal equity considerations. Develop clear recommendations, models, dashboards, recurring reports, and ad hoc analyses for HR and business leaders.

Program Administration

Help administer annual merit and compensation review processes, including data preparation, system testing, validation, reporting, and post-cycle review. Support incentive compensation programs through related calculations, analysis, reporting, and administration. Provide analytical support for offers, promotions, job changes, new positions, and organizational changes. Collaborate with HR Business Partners and management to apply compensation policies and practices consistently.

Equity Administration

Access, validate, analyze, and reconcile employee equity information using E*TRADE. Support equity grants, vesting events, employee reporting, and related operational processes. Reconcile equity data among the equity administration platform, Workday, and payroll systems; research and resolve discrepancies. Coordinate with Finance, Payroll, HRIS, and other stakeholders on equity data, reporting, documentation, and controls.

Governance and Process Improvement

Perform compensation and equity audits and respond to data requests with accuracy and appropriate documentation. Look for opportunities to improve efficiency, scalability, controls, and the overall effectiveness of compensation processes. Handle sensitive employee compensation and equity information with confidentiality and sound judgment.

Salary Range

$65,000 - $90,000

Salary Range: $64,000.00 - $96,000.00 PRA Group has an effective process for assessing market data and establishing ranges to ensure we remain competitive. Actual compensation is influenced by a wide array of factors including but not limited to skill set, level of experience, specific working location and market position. This posted salary range is a good faith and reasonable estimate, and PRA Group reserves the right to adjust this range depending on the qualifications and location of the selected candidate.

Professional Experience/Qualifications
  • Bachelor’s degree in human resources, business administration, finance, or a related field, or equivalent relevant experience.
  • Three or more years of experience in compensation, equity administration, HR analytics, or a related field.
  • Working knowledge of core compensation practices, including job evaluation, market pricing, salary structures, and compensation benchmarking.
  • Experience supporting compensation cycles, such as merit, annual compensation reviews, or incentive programs.
  • Experience with equity compensation administration and reporting, including grants, vesting, and employee equity data.
  • Experience using an HRIS for data extraction, validation, analysis, and reporting; Workday experience is preferred.
  • Advanced Excel skills, including pivot tables, lookup functions, complex formulas, and data modeling.
  • Strong analytical, problem‑solving, organizational, and communication skills, with close attention to detail.
  • Ability to manage competing priorities while handling confidential information with discretion.
Preferred Qualifications
  • Hands‑on experience with E*TRADE Equity Edge Online or another equity administration platform.
  • Certified Equity Professional (CEP) certification or progress toward certification.
  • Experience with compensation survey platforms and external market data providers.
  • Experience creating dashboards or data visualizations in Excel, Power BI, or similar tools.
  • Exposure to pay equity analysis, compensation governance, or regulatory reporting.
Benefits

PRA offers paid time off, medical, dental, vision, 401k match, life insurance, and other benefits to assist with the physical and mental wellbeing of our employees.

Equal‑Opportunity Statement

All qualified applicants will receive consideration for employment regardless of age, race, color, sex, gender, religion, national origin, physical or mental disability, citizenship, or any other classes recognized by state or local law or any other characteristic protected under applicable federal, state or local law.

Drug Free Workplace

We are a drug free workplace. To qualify, applicants must be legally authorized to work in the United States, and should not require, now or in the future, sponsorship for employment visa status.

About PRA Group

As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visitwww.pragroup.com.

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