Compensation Analyst/Sr Compensation Analyst

MidAmerican Energy Company; Des Moines (IA); On-site; USD 90,000 - 120,000; Full time

Job summary

MidAmerican Energy Company is seeking a Compensation Analyst/Sr Compensation Analyst to design, analyze, and govern our pay programs in alignment with market data and regulatory requirements. The role supports Berkshire Hathaway Energy affiliates by developing compensation structures, conducting job evaluations, pricing jobs, and producing analytics to drive equitable and competitive pay decisions.

Collaboration with HR, Finance, and IT is essential.

Qualifications

• Bachelor's degree in business, accounting, finance or HR, or equivalent experience.
• 2+ years in compensation, HR, or finance with focus on compensation.
• 5+ years for Sr Compensation Analyst role in related field.
• Advanced knowledge of compensation programs and tech.
• Experience with HCM systems for compensation analytics.
• Strong attention to detail and communication.

Responsibilities

• Manage job architecture and salary structure framework with market data alignment.
• Oversee annual compensation review process with cross-functional partners.
• Support executive compensation programs and market assessments.
• Conduct FLSA assessments and compliance reviews.
• Assist with confidential compensation initiatives and governance.
• Additional responsibilities as requested.

Skills

Advanced Excel (pivot tables, VLOOKUP)

Analytical skills

Communication skills

Project management

Education

Bachelor's degree in business, accounting, finance or HR

Tools

Excel

HCM systems

MS Office

Job description

Position Title:

Compensation Analyst/Sr Compensation Analyst

Location: Des Moines, IA, United States

Description:

This position plays a critical role in the design, administration, analysis, and governance of the organization's compensation programs. This enterprise-level position supports all Berkshire Hathaway Energy affiliates by developing and maintaining compensation programs, structures, and frameworks that leverage market intelligence, advanced analytics, and strong compliance expertise to promote equitable and competitive pay practices. Key responsibilities include managing the annual compensation review process, conducting job evaluations and market pricing analyses, administering salary structures, supporting incentive programs, ensuring regulatory compliance, and developing compensation-related reporting and analytics to support informed business decisions and effective pay governance across the organization.

Responsibilities:

• Manage the organization's job architecture and salary structure framework by conducting job evaluations, assigning job levels and grades, maintaining job documentation, and ensuring alignment with market data, internal equity, and compensation strategy. Partner with HR teams to support organizational changes and maintain consistent compensation governance across the enterprise. (25%)
• Manage and administer the annual compensation review process by partnering with business units, HR teams, Finance, and Information Technology to ensure successful execution of project timelines, data integrity, and process accuracy. Develop and maintain compensation-related reports and analytics, perform data validation and quality assurance, and coordinate system updates and enhancements throughout the year to support compensation planning, budgeting, forecasting and informed decision-making. (25%)
• Support the design, analysis, and administration of executive compensation programs by conducting market assessments, preparing compensation analyses and reporting, administering long-term incentive plans and ensuring compliance with governance and regulatory reporting requirements. (25%)
• Support annual compensation compliance reviews and Fair Labor Standards Act (FLSA) assessments to ensure compensation programs, job classifications, and pay practices remain compliant with applicable laws, regulations and company policies. (10%)
• Support the Director of Compensation and Chief Human Resources Officer on highly confidential compensation and strategic initiatives, including executive compensation analyses, mergers and acquisitions due diligence, organizational restructurings, compensation program redesigns, leadership requests and other sensitive enterprise-wide projects. (10%)
• Perform additional responsibilities as requested or assigned. (5%)

Qualifications:

• Bachelor's degree in business, accounting, finance or human resources management or in an area related to this field or equivalent related work experience. (Typically four years of related, progressive work experience would be needed for candidates applying for this position who do not possess a bachelor's degree.)
• Two or more years of experience in compensation, human resources, finance, or a closely related field with a strong focus on compensation programs and analysis for the Compensation Analyst position.
• Five or more years of experience in compensation, human resources, finance, or a closely related field with a strong focus on compensation programs and analysis for the Sr Compensation Analyst position.
• Advanced knowledge of compensation programs, processes and technology.
• Demonstrated experience leveraging and maintaining Human Capital Management (HCM) systems to support compensation administration, reporting, analytics, and workforce management processes.
• Basic knowledge of executive compensation and nonqualified plans.
• High attention to detail and a strong customer focus.
• Excellent communication and ability to influence and persuade.
• Ability to work independently and meet deadlines.
• Excellent project management skills; ability to prioritize and handle multiple tasks and projects concurrently.
• Demonstrated strong knowledge in Microsoft Excel, including pivot tables, vlookups, etc., and the ability to extract, organize and present information from human resources information systems.
• Effective oral and written communication skills, including presentation skills.
• Effective analytical, problem-solving and decision-making skills.

About US:

MidAmerican Energy Company, a Midwest utility, provides regulated electric and natural gas service to more than 1.6 million customers in Illinois, Iowa, Nebraska and South Dakota. The company owns and operates a portfolio of power-generating assets, approximately 61% of which is wind generation.

About the Team:

MidAmerican Energy Company is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or religious creed, age, national origin, ancestry, citizenship status (except as required by law), gender (including gender identity and expression), sex (including pregnancy), sexual orientation, genetic information, physical or mental disability, veteran or military status, familial or parental status, marital status or any other category protected by applicable local, state or U.S. federal law. Employees must be able to perform the essential functions of the position, with or without an accommodation.

JOB INFO

Job Identification: 10005758

Job Category: Human Resources

Posting Date: 2026-09-09

Apply Before: 2026-10-09T05:00:00+00:00

Job Schedule: Full time

Business: MidAmerican Energy Company

Equal employment opportunity, including veterans and individuals with disabilities.

PI286991679