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Compensation Analyst

4 months ago

Chicago, Illinois, United States Applied Systems Full time

Job Description
Applied Systems, Inc., a worldwide leader in insurance technology, is seeking a collaborative, analytical, and detail-oriented Compensation Analyst to join our Compensation team. The Compensation Analyst is a key contributor to Applied's talent management strategy as the organization builds, aligns, and scales a proactive and strategic HR function to meet the ongoing needs of the business. Our People team is comprised of People Business Partners, Shared Services, and Centers of Excellence designed to support a global, industry-leading technology insurance company.
This is an exciting time to join our compensation team as we pursue a multi-year strategic roadmap of high-impact, employee-centric initiatives. As a Compensation Analyst, you will be responsible for analyzing salary data, conducting market research, and preparing reports to ensure compensation plans are competitive and aligned with the company's business goals. You will work closely with the Compensation team and People Business Partners to execute cyclical projects and implement processes that enhance our compensation capabilities.
What You'll Do

  • Support the implementation of, and ongoing maintenance, of our global job architecture
  • Facilitate the creation and maintenance of job content using JDXpert
  • Participate in third-party compensation surveys, maintain job matches, and prepare market analysis for base pay programs
  • Administer the annual merit and bonus planning process, including system configuration and testing, manager and People Business Partner support, reporting, and payment processing
  • Support the selection and implementation of an employee recognition platform
  • Prepare routine and ad hoc position or incumbent compensation analysis, compensation reports, program metrics, and regulatory reports
  • Create and maintain compensation program documentation such as plan descriptions, policies, guidelines, trainings, and processes


What You'll Need to Succeed
We're looking for someone who:

  • Can work on a hybrid basis from our Chicago office (dependent on business specific needs)


Your experience should include some or all of the following:

  • At least 3 years of hands-on experience as a Compensation Analyst or similar role
  • Working knowledge of base and variable pay practices and techniques and the laws and regulations affecting compensation and recognition programs
  • Practical experience with compensation software applications such as BetterComp (market pricing), JDXpert (job descriptions), and HRSoft (compensation planning)
  • Solid analytical skills: ability to collect and analyze data using basic and intermediate analysis techniques in Microsoft Excel (sort/filter, vlookups, index/match, pivot tables, etc.)
  • Solid customer service orientation and service delivery skills; sets expectations, meets commitments, resolves issues quickly, demonstrates understanding and compassion towards others.
  • Proficient computer skills, including HR Information Systems (UKG preferred but not required) and Microsoft Office Teams, Excel, Word, PowerPoint, and Outlook.
  • Bachelor's degree or equivalent combination of education and experience to successfully perform the job responsibilities
    • We proudly support and encourage people with military experience, as well as military spouses, to apply


Additionally, you may have:

  • Some coursework toward the Certified Compensation Professional (CCP) designation


What You'll Gain
Benefits from Day One

  • Health insurance plans, dental, and vision
  • Wellness incentives
  • 401(k) and/or RRSP retirement savings plans with employer match


Work-Life Balance

  • Competitive paid vacation time and a free day for your birthday
  • Personal/sick time
  • Paid holidays
  • Flex Time
  • Paid parental leave (U.S. candidates)
  • Volunteer time off


Empowering Career Growth and Success - We invest in talent, care about our people and are empowered by the results of our work. We grow our teams from within and give our employees opportunities to advance.
What We Value
We strive for excellence at every turn to be the best at what we do. We invest in talent, care about our people and are empowered by the results of our work. We fulfil the promise of insurance - safeguarding and protecting what matters most in people's lives. And there is no more important job than that.
Our focus on the workforce, workplace and marketplace gives us a qualified individual in an environment in which they can be productive while we maintain our position in the industry. To help drive that change toward a vibrant, modern workplace, we have employee-driven networks with commonalities in ethnicity, gender, sexual orientation and military status.
Who We Are
For 40 years, Applied Systems has created innovative technology for the global insurance industry. Today, we are a rapidly growing software leader that is revolutionizing the way agencies and brokerages succeed.
We are smart and curious people in a tech-first environment that champions bold and powerful thinking. We are transforming a complex industry through digitization, automation, and innovative new partnerships. Together we are driving the industry fearlessly forward.
It's an exciting time at Applied. You can do big things here, in an environment that supports creative thinking and bold ideas. Visit for more information on how you can challenge what's possible.
EEO Statement
Applied Systems is proud to be an Equal Employment Opportunity and Affirmative Action Employer. Diversity and Inclusion is a business imperative and is a part of building our brand and reputation. At Applied, we don't discriminate, and we are committed to recruit, develop, retain, and promote regardless of race, religion, color, national origin, sexual orientation, gender identity, disability, age, veteran status, and other protected status as required by applicable law.
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