Compensation Analyst II

The Standard; Portland (OR); On-site; USD 66,000 - 96,000; Full time

Benefits offered by this job

Medical

Dental

Vision

401(k) matching

Annual incentive bonus

Paid time off

Job summary

The Standard in Portland is seeking a Compensation professional to join the Compensation team. You will conduct job evaluations, market pricing, and compensation analyses, partnering with HRBPs and leaders to inform pay decisions and annual programs.

This role requires 4+ years in compensation, a BA in a related field, strong data analytics, and experience with surveys and reporting. Knowledge of Workday is a plus, and occasional travel may be needed.

Qualifications

• Bachelor's degree in a related field.
• 4+ years of compensation experience or equivalent.
• Strong analytical skills with data interpretation and presentation.
• Experience with compensation surveys, reporting, and program administration.
• Ability to handle sensitive information with discretion.
• Excellent written and verbal communication skills to explain concepts.

Responsibilities

• Conduct job evaluations, market pricing, benchmarking, and compensation analyses.
• Participate in compensation surveys and prepare, validate, and submit data.
• Support annual compensation programs, salary administration, and incentive plan processes.
• Develop reports and modeling to inform compensation decisions and design.
• Identify and implement process improvements for compensation programs and operations.
• Occasional travel for team meetings, planning sessions, or professional development activities.

Skills

Compensation experience

Data analysis

Market pricing

Job evaluations

Salary benchmarking

Reporting

Communication skills

Confidentiality

Education

Bachelor's degree in HR, Business, Finance, Economics

Tools

Workday

Job description

The next part of your journey is right around the corner — with The Standard.

A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams, we’ve been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference?

Job Summary

Join our Compensation team and help support compensation programs that ensure competitive and equitable pay practices across the organization. In this role, you'll conduct job evaluations, market pricing, compensation analyses, and survey participation while partnering with HR Business Partners, leaders, and Compensation team members. You'll also support annual compensation processes, incentive programs, compensation reporting, and ongoing process improvement initiatives. This position is ideal for someone who enjoys working with data, solving complex problems, and providing compensation insights that support business decisions.

Key Responsibilities

• Conduct job evaluations, market pricing, benchmarking, and compensation analyses.
• Participate in compensation surveys and prepare, validate, and submit compensation data.
• Support annual compensation programs, salary administration, and incentive plan processes.
• Develop reports, analyses, and modeling to support compensation decisions and program design.
• Identify and implement process improvements that enhance compensation programs and operations.
• Occasional travel for team meetings, planning sessions, or professional development activities may be required.

Skills And Background You’ll Need

Education: Bachelor's degree in Human Resources, Business, Finance, Economics, or a related field.

Experience: 4+ years of compensation experience or equivalent experience involving data analysis, modeling, and evaluation.

• Experience conducting market pricing, job evaluations, compensation benchmarking, and salary administration activities.
• Strong analytical skills with experience interpreting, validating, and presenting data-driven insights.
• Experience working with compensation surveys, reporting, and compensation program administration.
• Ability to handle sensitive and confidential information with discretion.
• Strong written and verbal communication skills with the ability to explain compensation concepts to a variety of audiences.
• Preferred: Experience using Workday or a similar Human Capital Management (HCM) system.
• Preferred: Experience supporting incentive compensation or sales compensation programs.

Key Behaviors of a Successful Candidate

• Adaptability: Sees possibilities in changing circumstances, accepts and understands change, and adjusts quickly to changing priorities and business needs.
• Collaboration: Builds positive relationships, partners effectively with colleagues and stakeholders, and contributes to shared goals.
• Improvement Mindset: Identifies opportunities to improve processes, tools, and efficiencies while supporting innovation and operational excellence.

Why Join The Standard?

We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect:

• A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions
• An annual incentive bonus plan
• Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure
• A supportive, responsive management approach and opportunities for career growth and advancement
• Paid parental leave and adoption/surrogacy assistance
• An employee giving program that double matches your donations to eligible nonprofits and schools

In addition to the competitive salary range below, our employee-focused benefits support work-life balance.

working at The Standard.

• Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance.

The actual compensation for this role will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data.

Salary Range:

$66,000.00 - $96,250.00

Positions will be posted for at least 5 days from original posting date.

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., and American Heritage Life Insurance Company and American Heritage Service Company, marketed as The Standard, are affirmative action/equal opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability or veteran status or any other condition protected by federal, state or local law. Except where precluded by state or federal law, The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance. The Standard offers a drug- and alcohol-free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on The Standard's property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation and employment, education and licensing verification as a condition of employment. After any conditional offer of employment is made, the background check will include an individualized assessment based on the applicant’s specific record and the duties and requirements of the specific job. Applicants will be provided an opportunity to explain and correct background information. All employees of The Standard must be bondable.