Compensation Consultant

6 days ago


Eagan, Minnesota, United States Blue Cross Blue Shield of Minnesota Full time
About Blue Cross Blue Shield of Minnesota

We're a leading health care brand with 2.5 million members, committed to reinventing health care to improve health for our members and the community.

Key Responsibilities
  • Design, develop, and administer sales compensation programs, ensuring alignment with business strategy and governance.
  • Lead the sales incentive compensation design and governance process, partnering with sales leaders, HR partners, Finance, sales operations, and data and analytics.
  • Administer the sales incentive plan, including quarterly payouts, statement process, communications, plan documentation, governance, and response to inquiries from sales associates.
  • Own the sales incentive software application, working with data and analytics to ensure it supports business needs.
  • Partner with business leaders and HR business partners to ensure compensation programs meet various business segment needs and are well understood by leaders and associates.
  • Lead compensation projects and initiatives, supporting annual year-end enterprise compensation planning process, covering merit increase recommendations, annual bonus calculations, and long-term incentive awards.
  • Collaborate with other departments in developing and enhancing compensation-related procedures and processes, manager and employee communications, accurate and timely reporting, and governance oversight.
  • Help develop compensation skills of other members of the HR team.
Requirements
  • 7+ years of related professional experience, including work, education, transferrable skills, and military experience.
  • Experience with sales incentive compensation administration and/or design.
  • Strong technical background with the ability to analyze data, prepare reports based on data analysis, and utilize software applications.
  • Effective communication skills and ability to communicate and collaborate with colleagues.
  • Ability to develop strong relationships with key stakeholders and foster trust in handling confidential situations.
Equal Opportunity Employer

We're an Equal Opportunity and Affirmative Action employer that values diversity. All qualified applicants will receive consideration for employment without regard to, and will not be discriminated against based on race, color, creed, religion, sex, national origin, genetic information, marital status, status with regard to public assistance, disability, age, veteran status, sexual orientation, gender identity, gender expression, or any other legally protected characteristic.



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