Senior Compensation & Benefits Analyst #4566

The Senior Compensation & Benefits Analyst provides advanced analytical, technical, and consultative support for the organization’s compensation and benefits programs. This role applies professional expertise to conduct complex analyses, interpret market and internal data, evaluate program effectiveness, and support the development and refinement of Total Rewards strategies. The Senior Analyst works with significant independence, providing insights to HR and business leaders, contributing to compensation and benefits planning cycles, and advising on program administration and policy interpretation. The role supports the company’s ability to maintain competitive, equitable, and compliant Total Rewards programs through high-level analytical contributions and cross-functional collaboration.

This is a high-impact individual contributor role that is ideal for a Total Rewards professional who thrives in hands-on work. 

You will work on-site full-time (5-days a week) at our office located in Durham, North Carolina. 

Responsibilities:

Lead advanced analyses of compensation, benefits, and workforce data to support program evaluation, individual analysis, budgeting, and strategic decision-making.

Respond to and resolve Tier 1 Workday HelpDesk tickets related to Compensation & Benefits, escalating issues when necessary.

Collaborate in managing relationships with insurance carriers and benefits brokers to ensure the correct administration of benefits programs.

Perform audits of Benefits enrollment data across Workday, vendor, and payroll systems to ensure accuracy and data consistency.

Process payroll-related entries for LOA, Workers' Compensation, and assist with bi-weekly payroll preparation and audit requests.

Assist in the annual planning, testing, employee communications, execution, and reporting of Compensation Planning and Open Enrollment in Workday, providing support to employees during the process and ensuring data accuracy.

Maintain plan documentation and internal resources.

Help ensure compliance with federal, state and local regulations.

Prepare and analyze benefits utilization, cost trends, and participation metrics to support program assessments and recommendations.

Oversee compensation and benefits survey submissions by ensuring accurate job matching, data integrity, and alignment with market practices.

Develop and enhance recurring and ad-hoc reports, dashboards, and models that inform compensation and benefits program decisions.

Conduct market benchmarking and internal equity assessments to support pay recommendations and program adjustments.

Interpret compensation and benefits policies and provide guidance to HR partners and managers on program administration and requirements.

Support compliance activities by preparing documentation, analyzing data for regulatory reporting, and participating in audit reviews.

Contribute to the design, testing, and implementation of enhancements to compensation and benefits processes, tools, and procedures.

These responsibilities summarize the role’s primary responsibilities and are not an exhaustive list. They may change at the company’s discretion.

Required Qualifications:

Bachelor’s degree in Human Resources, Business Administration, Finance, Data Analytics, or related field.

5+ years of relevant work experience in compensation, benefits, HR analytics, or related functions; OR Master’s degree with 2+ years of relevant experience.

Preferred Qualifications:

Advanced analytical skills with ability to model compensation scenarios, interpret large data sets, and generate actionable insights.

Strong understanding of compensation design principles, salary structures, incentive plans, and benefits programs.

Knowledge of human resources principles and practices, including federal and state employment laws and regulations related to employee benefits, leave of absence, and total rewards programs.

Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUPs, formulas, modeling) and experience with HRIS, compensation, and reporting systems (e.g., Workday, SAP, Oracle, or similar), Google Workspace

Strong project management and organizational skills with ability to handle multiple priorities in a deadline-driven environment.

Excellent written and verbal communication skills, including the ability to translate complex data into clear and compelling narratives.

Collaborative working style with strong relationship-building skills across HR, Finance, and business teams.

Strong commitment to confidentiality, high level of integrity, discretion, and sound judgement and professionalism when managing sensitive HR and employee data.

Continuous improvement mindset with ability to identify and implement operational enhancements.

Physical Demands & Working Environment:

Standard office environment with frequent use of HR systems, data analysis tools, and Google Workspace applications.

Regular collaboration with HR, Finance/Accounts Payable, Legal, and business stakeholders, as well as external vendors and consultants.

May require extended hours during compensation planning, open enrollment, or year-end cycles.