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Compensation Data Analytics Jobs in Volo, IL (NOW HIRING)

Senior Compensation Specialist

Schaumburg, IL · On-site

$81K - $106K/yr

... compensation and rewards programs that attract, retain, and engage employees ... The role provides market analysis, compliance support, data-driven insights, and consultative ...

Great financial opportunities with competitive compensation, immediate 401k match with 100% vesting ... Working directly under the Manager, Data & AI Solutions and under the strategic leadership of the ...

Data Analyst

Lake Forest, IL · Hybrid

$67K - $108K/yr

Qualifications: * Bachelor's degree in Analytics, Mathematics, Statistics, Computer Science ... Monday-Friday: 8am-5pm Compensation & Benefits: The salary range for this role is $67,980 - $108 ...

Data Analyst

Lake Forest, IL · Hybrid

$67K - $108K/yr

Qualifications: * Bachelor's degree in Analytics, Mathematics, Statistics, Computer Science ... Monday-Friday: 8am-5pm Compensation & Benefits: The salary range for this role is $67,980 - $108 ...

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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.

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 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 cities near Volo, IL are hiring for Compensation Data Analytics jobs?

Cities near Volo, IL with the most Compensation Data Analytics job openings:

Director of Data & Analytics

Arthur J. Gallagher & Co. (AJG)

Rolling Meadows, IL • On-site

$120 - $160/hr

Other

Medical, Dental, Vision, Life, Retirement

Posted 14 days ago


Arthur J. Gallagher & Co. rating

7.6

Company rating: 7.6 out of 10

Based on 93 frontline employees who took The Breakroom Quiz

212th of 312 rated insurance


Job description

Introduction

Welcome to Gallagher - a global community of people who bring bold ideas, deep expertise, and a shared commitment to doing what’s right. We help clients navigate complexity with confidence by empowering businesses, communities, and individuals to thrive. At Gallagher, you’ll find more than a job; you’ll find a culture built on trust, driven by collaboration, and sustained by the belief that we’re better together. Whether you join us in a client-facing role or as part of our brokerage division, our benefits and HR consulting division, or our corporate team, you’ll have the opportunity to grow your career, make an impact, and be part of something bigger. Experience a workplace where you’re encouraged to be yourself, supported to succeed, and inspired to keep learning. That’s what it means to live The Gallagher Way.

Overview

The Director of Data Analytics leads a team of 10+ analytics professionals and is responsible for advancing the organization’s analytics strategy, delivery, and capabilities. This role drives data‑informed decision‑making by delivering insights that support business performance, operational management, and executive leadership across the enterprise. Leveraging Gallagher’s enterprise data warehouse, the Director translates complex data on customers, purchasing behaviors, and insurance risk characteristics into scalable reporting and actionable insights. The role also partners closely with IT and data governance to shape data strategy, oversee data initiatives, and ensure the quality, value, and effective use of enterprise data assets.

How you’ll make an impact
  • Lead and manage 10 professionals on the data analytics team, fostering a culture of innovation and excellence.
  • Develop and implement comprehensive data analytics strategies aligned with business goals, monetizing the value of our enterprise data platform. Enterprise data sets include client information, detailed insurance information about client’s policies, claims, operational information, and industry‑specific data sets.
  • Collaborate with cross‑functional teams to identify opportunities for leveraging data to drive business solutions, including risk consultation and purchase analytics for insurance customers.
  • Oversee the design, development, and maintenance of data models, dashboards, and reports.
  • Ensure data integrity, accuracy, and security across all analytics platforms. Work closely with IT and enterprise data governance to set and maintain quality standards.
  • Provide actionable insights and recommendations to senior leadership to support strategic decision‑making and inform tactical management actions.
  • Stay abreast of insurance industry trends and emerging data technologies to continuously improve analytics capabilities.
  • Manage relationships with external vendors and partners to enhance data analytics resources.
  • Develop and monitor key performance indicators to measure the effectiveness of analytics initiatives.
  • Mentor and develop team members, promoting professional growth and skill development. Participate in programs to increase the overall data competency across divisional teams.
About You
  • Bachelor’s degree in Finance, Data Science, Statistics, Computer Science, or a related field; Master’s degree preferred.
  • Minimum of 8–10 years of experience in data analytics, with at least 5 years in a leadership role.
  • Experience in the insurance or risk management industry is preferred.
  • Demonstrated success translating business needs into scalable reporting and analytics solutions.
  • Proficiency in programming languages such as Python, R, and SQL, as well as visualization tools such as Tableau and Power BI. Experience working in cloud computing environments such as Snowflake.
  • Excellent analytical, problem‑solving, and decision‑making skills.
  • Effective communication and interpersonal skills, with the ability to convey complex data insights to non‑technical stakeholders.
  • Experience leading analytics roadmaps across multiple business stakeholders while achieving project timelines.
Compensation and benefits

We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to, previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.

Below are the minimum core benefits you’ll get; depending on the job level these benefits may improve:

  • Medical/dental/vision plans, which start from day one!
  • Life and accident insurance
  • 401(K) and Roth options
  • Tax‑advantaged accounts (HSA, FSA)
  • Educational expense reimbursement
  • Paid parental leave

Other benefits include:

  • Digital mental health services (Talkspace)
  • Flexible work hours (availability varies by office and job function)
  • Training programs
  • Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
  • Charitable matching gift program
  • And more…

The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process.

We value inclusion and diversity

Inclusion and diversity is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non‑conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer‑employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

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