Sr. Total Rewards Analyst

Blue Cross and Blue Shield of Massachusetts Inc.; Boston (MA); Hybrid; USD 95,000 - 116,000; Full time

Benefits offered by this job

Paid time off

Medical/dental/vision insurance

401(k)

Job summary

Blue Cross Blue Shield of Massachusetts Inc. is seeking an Sr. Total Rewards Analyst to transform compensation and benefits analytics using AI tools, ML, and advanced data visualization.

You’ll analyze base pay, incentives, and market benchmarks to ensure internal/external competitiveness and support executive decision-making. You will build predictive models, automate workflows, and design dynamic dashboards for HR partners and leaders, while ensuring data integrity across the total rewards

Qualifications

• 2–3 years of corporate data analysis experience focused on total rewards analytics
• Practical experience using AI-driven analytics tools or writing data scripts (e.g., SQL, Python, advanced Excel macros)
• High proficiency with 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, HR, or a highly quantitative field

Responsibilities

• Conducts deep-dive statistical analyses on base pay, incentives, and performance-based rewards
• Performs job evaluations and market pricing analyses for new and existing roles
• Optimizes ingestion of annual Total Reward market surveys and benchmarks
• Builds predictive data models and applies ML to forecast total rewards trends
• Sets up and maintains AI-powered platforms for total rewards workflows
• Supports backend systems for merit cycles, bonus allocations, and enrollment
• Creates and maintains automated total rewards dashboards for HR and executives
• Provides data-driven insights to HR Business Partners and Talent Acquisition

Skills

Data analysis

AI/ML tooling

Statistical analysis

Storytelling with data

Education

Bachelor’s degree in quantitative field

Tools

SQL

Python

Excel macros

Power BI

Tableau

Workday

PayFactors

Job description

About the Role:

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

#LI-HYBRID

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

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.

You might be just what we need for this role or possibly another one at Blue Cross Blue Shield of MA.

The more voices we have represented and amplified in our business, the more we will all thrive, contribute, and be brilliant.

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.

Voted as the highest in member satisfaction among Massachusetts commercial health plans by JD Power, Blue Cross Blue Shield of Massachusetts is a community-focused, tax-paying, not-for-profit health plan headquartered in Boston.

We have been a market leader for over 75 years, and are consistently ranked among the nation's best health plans.

Our daily efforts are dedicated to effectively serving our 2.8 million members, and consistently offering security, stability, and peace of mind to both our members and associates.

Blue Cross Blue Shield of Massachusetts is an Equal Employment Employer - veterans/disability. Applicants are considered for all positions without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or expression, or any other characteristics protected by law. Blue Cross Blue Shield of Massachusetts will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with Blue Cross Blue Shield of Massachusetts's legal duty to furnish information.