Sr. Total Rewards Analyst

Blue Cross Blue Shield of Massachusetts; Boston (MA); On-site; USD 95,000 - 116,000; Full time

Job summary

Blue Cross Blue Shield of Massachusetts is seeking a Sr. Total Rewards Analyst to transform data into actionable insights that guide compensation and benefits strategy in a fast-moving healthcare environment.

You will leverage AI, ML, and advanced visualization to automate workflows, forecast labor costs, and support merit cycles, with close collaboration across HR leadership. This role offers hands-on exposure to cutting-edge analytics and dashboards for executives and HR partners.

Qualifications

• 2-3 years of corporate data analysis experience with a focus on total rewards analytics.
• Practical experience with AI-driven analytics tools and data scripting (e.g., SQL, Python, or advanced Excel macros).
• Strong knowledge of enterprise HRIS platforms (Workday, PayFactors) and compensation management modules.
• Experience building automated, interactive reports in Power BI or Tableau.
• Bachelor's degree in Business Analytics, Finance, Statistics, Human Resources, or a highly quantitative field.

Responsibilities

• Compensation Analytics: Conducts deep-dive statistical analyses on base pay, corporate incentive structures, and performance-based reward programs.
• Job Evaluation & Market Benchmarking: Conducts detailed job evaluations and market pricing analyses for new and existing roles, ensuring alignment with our internal job architecture and external market competitiveness.
• Survey Management: Optimizes and automates the ingestion of annual Total Reward market surveys and external benchmarks.
• Data Modeling & Forecasting: Builds predictive data models and applies machine learning algorithms to forecast total rewards trends and variable incentive payouts.
• Process Automation: Sets up and maintains AI-powered platforms and processes to automate total rewards workflows.
• System Administration: Supports the administration of the backend technology for annual merit cycles, bonus allocations, and employee benefits open enrollment.
• Dashboard Creation: Designs and maintains dynamic, automated total rewards dashboards for HR business partners and executive leadership.
• Consultative Insights: Serves as a key resource for HR Business Partners and Talent Acquisition, providing data and analysis for variety of Total Rewards inquiries.

Skills

SQL

Python

AI tools

Data visualization

Education

Bachelor's degree in Business Analytics, Finance, Statistics, Human Resources, or a highly quantitative field

Tools

Power BI

Tableau

Workday

PayFactors

Job description

Ready to help us transform healthcare? Bring your true colors to blue.

About The Role

The Sr. Total Rewards Analyst executes the quantitative analysis, data modeling, and system administration required to support the maintenance of our competitive corporate compensation and benefits programs. This role leverages artificial intelligence (AI) tools, machine learning, and advanced data visualization to automate routine tracking, audits compensation and benefits programs and forecast labor costs trends. Working closely with HR leadership, this analyst transforms complex data into actionable insights and ensures the integrity of our total rewards framework, helping the organization attract, motivate, and retain top talent.

Your Day To Day

• Compensation Analytics: Conducts deep-dive statistical analyses on base pay, corporate incentive structures, and performance-based reward programs.
• Job Evaluation & Market Benchmarking: Conducts detailed job evaluations and market pricing analyses for new and existing roles, ensuring alignment with our internal job architecture and external market competitiveness.
• Survey Management: Optimizes and automates the ingestion of annual Total Reward market surveys and external benchmarks.
• Data Modeling & Forecasting: Builds predictive data models and applies machine learning algorithms to forecast total rewards trends and variable incentive payouts.
• Process Automation: Sets up and maintains AI-powered platforms and processes to automate total rewards workflows.
• System Administration: Supports the administration of the backend technology for annual merit cycles, bonus allocations, and employee benefits open enrollment.
• Dashboard Creation: Designs and maintains dynamic, automated total rewards dashboards for HR business partners and executive leadership.
• Consultative Insights: Serves as a key resource for HR Business Partners and Talent Acquisition, providing data and analysis for variety of Total Rewards inquiries.

This document is not an exhaustive list of all responsibilities, skills, duties, requirements, or working conditions associated with the job. Employees may be required to perform other job-related duties.

We're Looking For

• A natural problem-solver: You are intellectually curious and enjoy digging into complex issues, using data to find not just the "what" but the "why."
• A storyteller with data: You have a knack for translating complex quantitative analysis into clear, compelling narratives and visualizations for a non-technical audience.
• Meticulous attention to detail: You understand that the accuracy of compensation data is paramount and are committed to ensuring its integrity and quality.
• A drive for improvement: You are always looking for ways to make processes more efficient and effective, with a strong desire to automate and innovate.

What You Bring

• Experience: 2-3 years of corporate data analysis experience, with a heavy focus on total rewards analytics
• Technical AI Skills: Practical experience utilizing AI-driven analytics tools or writing data scripts (e.g., advanced SQL, Python, or expert-level Excel macros).
• Core Systems: High proficiency with enterprise HRIS platforms (e.g., Workday, PayFactors) and specialized compensation management modules.
• Data Visualization: Proven track record building automated, interactive reports in Power BI or Tableau.
• Education: Bachelor's degree in Business Analytics, Finance, Statistics, Human Resources, or a highly quantitative field.

What You'll Gain

• This is more than a traditional analyst role; it is a unique opportunity to be at the forefront of the Total Rewards evolution at BCBSMA. You will play a key role in building our Total Rewards data analytics and AI capabilities from the ground up. You will gain hands-on experience with cutting-edge tools and predictive modeling techniques, directly shaping how we use data to drive equitable and strategic Total Rewards decisions. If you are passionate about the intersection of data and human resources, this role offers a rare chance to build, innovate, and make a highly visible impact across the organization.

Minimum Education Requirements

High school degree or equivalent required unless otherwise noted above

Location

Boston

Time Type

Full time

Salary Range

$94,680.00 - $115,720.00

The job posting range is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs and affordability.

This job is also eligible for variable pay.

We offer comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), and a suite of well-being benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.

Why Blue Cross Blue Shield of MA?

We understand that the confidence gap and imposter syndrome can prevent amazing candidates coming our way.

We encourage you to bring us your true colors, , your perspectives, and your experiences. It's in our differences that we will remain relentless in our pursuit to transform healthcare for ALL.

As an employer, we are committed to investing in your development and providing the necessary resources to enable your success. Learn how we are dedicated to creating an inclusive and rewarding workplace that promotes excellence and provides opportunities for employees to forge their unique career path by visiting our Company Culture page.

At Blue Cross Blue Shield of Massachusetts, we believe in wellness and that work/life balance is a key part of associate wellbeing. For more information on how we work and support that work/life balance visit our "How We Work" Page.