Physician Compensation Analyst, UCM Care Network, Full Time - Days

University of Chicago Medical Center; Burr Ridge (IL); On-site; USD 75,000 - 115,000; Full time

Job summary

An established industry player is seeking a Physician Compensation Analyst to join their dynamic team. This role offers a unique opportunity to work primarily from home while ensuring the integrity of compensation models for employed physicians. You will be responsible for analyzing and administering compensation structures, ensuring alignment with Fair Market Value guidelines and organizational standards. Your insights will drive performance optimization through productivity reports and dashboards, while your analytical skills will help navigate industry trends. If you are passionate about healthcare finance and want to make a meaningful impact, this position is for you.

Qualifications

• 5+ years of experience in compensation administration and incentive design.
• Bachelor’s degree in a relevant field is required.

Responsibilities

• Administer and analyze physician compensation models ensuring FMV compliance.
• Conduct market research to maintain competitive compensation practices.

Skills

Analytical Skills

Compensation Administration

Market Research

Project Management

Education

Bachelor’s Degree in Business, Finance, or Accounting

Tools

Financial Modeling

Data Analytics

Job description

Job Description

Join UChicago Medicine Care Network as a Physician Compensation Analyst in the Burr Ridge, IL location. This position will be primarily a work from home opportunity with the requirement to come onsite as needed. You may be based outside of the greater Chicagoland area.

Responsible for administration, analysis, and evaluation of physician compensation models. This position ensures compensation structures align with Fair Market Value (FMV) guidelines, organizational equity standards, and performance objectives.

Essential Job Functions

• Maintain and administer compensation models for employed physicians, ensuring alignment with FMV guidelines and organizational equity standards.
• Create and distribute productivity reports and performance dashboards to providers and departmental leadership, offering insights for informed decision-making and performance optimization.
• Manage processes for annual salary resets, bi-weekly physician payroll, starting salary evaluations, new hire payroll setup, and coordinate provider contracting to ensure competitive and compliant compensation practices.
• Conduct market research and analyze industry-specific trends to ensure compensation models are competitive, sustainable, and aligned with corporate performance standards.
• Monitor and evaluate the structural performance of compensation models, ensuring compliance with legal and regulatory requirements while identifying opportunities for process improvement.

Required Qualifications

• Bachelor’s Degree in Business, Finance, Accounting, or other related field.
• High level of analytical ability; must be able to handle multiple priority projects effectively and efficiently.
• Minimum five (5) years of professional experience in compensation administration, including incentive design.

Preferred Qualifications

• Advanced proficiency in financial modeling, budgeting, forecasting, and data analytics.
• Strong knowledge of healthcare finance, including physician compensation, revenue cycle management, reimbursement methodologies, and cost accounting.

Position Details

• Job Type/FTE: Full Time (1.0 FTE)
• Shift: Days
• Work Location: Flexible Remote/ Burr Ridge, IL (Onsite days will be Tues/Wed/Thur)
• Unit/ Department: CMG Administration
• CBA Code: Non-Union

Why Join Us

We’ve been at the forefront of medicine since 1899. We provide superior healthcare with compassion, always mindful that each patient is a person, an individual. To accomplish this, we need employees with passion, talent, and commitment… with patients and with each other. We’re in this together: working to advance medical innovation, serve the health needs of the community, and move our collective knowledge forward. If you’d like to add enriching human life to your profile, UChicago Medicine is for you. Here at the forefront, we’re doing work that really matters. Join us. Bring your passion.

UChicago Medicine is growing; discover how you can be a part of this pursuit of excellence at: UChicago Medicine Career Opportunities.

UChicago Medicine is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status, and other legally protected characteristics.

Must comply with UChicago Medicine’s COVID-19 Vaccination requirement as a condition of employment. If you have already received the vaccination, you must provide proof as part of the pre-employment process. This is in addition to your compliance with the Flu Vaccination requirement as well. Medical and religious exemptions will be considered consistent with applicable law. Lastly, a pre-employment physical, drug screening, and background check are also required for all employees prior to hire.

Compensation & Benefits Overview

UChicago Medicine is committed to transparency in compensation and benefits. The pay range provided reflects the anticipated wage or salary reasonably expected to be offered for the position.

The pay range is based on a full-time equivalent (1.0 FTE) and is reflective of current market data, reviewed on an annual basis. Compensation offered at the time of hire will vary based on candidate qualifications and experience and organizational considerations, such as internal equity. Pay ranges for employees subject to Collective Bargaining Agreements are negotiated by the medical center and their respective union.

Review the full complement of benefit options for eligible roles at Benefits - UChicago Medicine.