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Compensation Data Analytics Jobs in Michigan (NOW HIRING)

... Data Analyst / ML Travel Requirements Up to 80% Job Posting End Date The salary range for this position is: $99,000 - $232,000. Actual compensation within the range will be dependent upon the ...

Data Governance- Manager

Detroit, MI · On-site

$99K - $232K/yr

... Data Analyst / ML Travel Requirements Up to 80% Job Posting End Date The salary range for this position is: $99,000 - $232,000. Actual compensation within the range will be dependent upon the ...

... Data Analyst / ML Travel Requirements Up to 80% Job Posting End Date The salary range for this position is: $124,000 - $280,000. Actual compensation within the range will be dependent upon the ...

Data Strategy-Senior Manager

Detroit, MI · On-site

$124K - $280K/yr

... Data Analyst / ML Travel Requirements Up to 80% Job Posting End Date The salary range for this position is: $124,000 - $280,000. Actual compensation within the range will be dependent upon the ...

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Compensation Data Analytics information

What is compensation data analytics?

Compensation data analytics is the process of collecting, analyzing, and interpreting data related to employee compensation, such as salaries, bonuses, and benefits. This field helps organizations make informed decisions about pay structures, ensure competitive and equitable compensation, and comply with legal requirements. By leveraging data analytics, companies can identify trends, address pay disparities, and optimize their compensation strategies to attract and retain top talent.

What are the key skills and qualifications needed to thrive as a Compensation Data Analytics professional, and why are they important?

To thrive as a Compensation Data Analytics professional, you need strong analytical skills, a solid understanding of compensation structures, and a degree in fields like HR, finance, or statistics. Familiarity with HR information systems (HRIS), data visualization tools like Tableau or Power BI, and proficiency in Excel or statistical software such as R or Python are commonly required. Attention to detail, problem-solving abilities, and effective communication skills help you translate complex data into actionable insights for stakeholders. These skills ensure accurate, data-driven compensation strategies that support organizational goals and fair employee practices.

What is the difference between Compensation Data Analytics vs Compensation Analyst?

AspectCompensation Data AnalyticsCompensation Analyst
CredentialsDegree in HR, Business, or Data Analytics; often certifications in data analysisDegree in HR, Business, or related field; HR certifications common
Work EnvironmentData-focused, analytical tasks, often in HR or compensation departmentsHR teams, compensation planning, employee benefits
Industry UsageUsed across industries for data-driven compensation strategiesPrimarily in HR and compensation departments within various industries
Search & Comparison IntentFocus on data analysis skills and tools for compensation dataFocus on salary structures, benefits, and employee compensation policies

Compensation Data Analytics involves analyzing large datasets to inform compensation strategies, requiring strong data skills. Compensation Analysts focus on designing and managing salary structures and benefits. Both roles collaborate but differ mainly in their focus—data analysis versus policy implementation.

What jobs in the US pay 300,000 a year?

In compensation data analytics, senior roles such as Compensation Directors, Compensation Managers, and Compensation Consultants can earn $300,000 or more annually, especially with extensive experience, advanced certifications like CCP or CBP, and working in large organizations or consulting firms. High-level executive positions in compensation or HR, such as Chief Compensation Officer, also typically reach or exceed this salary level.

How does a Compensation Data Analytics professional typically collaborate with HR and business leaders to inform pay decisions?

Compensation Data Analytics professionals work closely with HR teams and business leaders by providing data-driven insights that guide salary structures, incentive plans, and pay equity initiatives. They interpret data from salary surveys, internal pay records, and market trends, translating complex analyses into actionable recommendations. Regular meetings and presentations are common, ensuring that stakeholders understand compensation trends and can make informed decisions that support organizational goals. Effective communication and collaboration are key, as these professionals often bridge the gap between technical analytics and strategic HR planning.
What are popular job titles related to Compensation Data Analytics jobs in Michigan? For Compensation Data Analytics jobs in Michigan, the most frequently searched job titles are:
What cities in Michigan are hiring for Compensation Data Analytics jobs? Cities in Michigan with the most Compensation Data Analytics job openings:
Senior Actuarial Data Systems Analyst

$98K - $156K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted 3 days ago


Blue Cross and Blue Shield of North Carolina rating

7.8

Company rating: 7.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

165th of 260 rated insurance


Job description

Job Description

Join a team where technology meets strategy. As a Senior Actuarial Data & Systems Analyst, you will play a crucial role in delivering technical data support and innovative solutions for Actuarial financial data systems. You'll Identify business requirements and deliver solutions related to the support of the specific business area/function. Perform appropriate analysis, development and logic implementation to ensure the quality and accuracy of data/applications delivered

WhatYou'llDo

  • Manages the maintenance and optimization of the Actuarial Systems Data Marts

  • Performs monthly data refreshes, financial validations and quality assurance checks to support Actuarial reporting and analytics

  • Independently analyze business problems or opportunities; develop recommendations and solutions, implement those solutions, and provide communication on the associated actions, business impacts, and results.

  • Develop decision support solutions; including medical and pharmacy claim financial data builds, data extracts, reports, data mart tables, views and analysis.

  • Ensures financial granular detail data is appropriately auditable, snapshotted and stored for quarterly and year end audits.

  • Establishes vendor and inter-departmental relationships to ensure the accuracy and completeness of financial data.

  • Keeps abreast of changes in the company and with our external vendor; data that affects the departmental processes & systems, make recommendations of actions needed and implement changes to the applicable Actuarial Systems and processes where needed.

  • Serve as the lead for multiple application areas, including data definitions, usage and file structure, technical structure of the code and the business rules, and structure of requirements that governs the functionality of the system.

  • Provide technical leadership and application expertise to business project teams and non-project related activities for the full understanding and execution of all types of assignments.

  • Plan and serve as a key liaison with business areas during development and implementation

  • Provide detailed configuration expertise to customers and business partners. This includes verbal, written, and electronic communication, and delivering presentations when needed.

  • Provide analytical support for departmental, divisional and corporate projects as needed to accomplish their business goals and to ensure the business needs are met

What You Bring

  • Bachelor's degree or advanced degree (where required)

  • 5+ years of experience in related field.

  • In lieu of degree, 7+ years of experience in related field.

Bonus Points

  • 5+ years of SQL Development/Analysis experience - Highly Preferred

  • 5+ years of healthcare claims data experience- Highly Preferred

  • Healthcare data analytics experience, including experience with Government and Commercial lines of business - Highly Preferred

  • Facets experience a plus

  • Experience leading project teams required.

WhatYou'llGet

  • The opportunity to work at thecutting edgeof health care delivery with a teamthat'sdeeply invested in the community.

  • Work-life balance, flexibility, and the autonomy to dogreat work

  • Medical, dental, and vision coverage along withnumeroushealth and wellness programs.

  • Parental leave and support plus adoption and surrogacyassistance

  • Career development programs and tuition reimbursement for continued education

  • 401k match including an annual company contribution

  • Learn more

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$98,092.00 - $156,947.00

Skills

Business Analysis, Business Requirements Analysis, Claims Data, Financial Data, Healthcare Analytics, Health Data, SQL Data Analysis, Structured Query Language (SQL), Structured Query Language (SQL) Development, System Testing

_____________________________________________________________________
JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.


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