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Total Rewards Analyst Jobs in Minnesota (NOW HIRING)

Medica

Actuarial Analyst - Medicaid

Minnetonka, MN · On-site

$70K - $120K/yr

This role provides analytical support in the areas of pricing, forecasting, reserving, and ... In addition to compensation, Medica offers a generous total rewards package that includes ...

Schwans

Bid Pricing Analyst

Marshall, MN · On-site

$54K - $89K/yr

We are hiring a Bid Pricing Analyst at our office in Marshall, MN. We're looking for someone who ... Beyond base salary, we offer a competitive Total Rewards package designed to support your overall ...

Medica

Actuarial Analyst

Minnetonka, MN · On-site

$70K - $120K/yr

This role provides analytical support in the areas of pricing, forecasting, reserving, and ... In addition to compensation, Medica offers a generous total rewards package that includes ...

SCHWAN'S

Bid Pricing Analyst

Marshall, MN · On-site

$54K - $89K/yr

Lead Competitive Pricing Analysis: Evaluate market positioning, competitor strategies, and regional ... Beyond base salary, we offer a competitive Total Rewards package designed to support your overall ...

Imedica

Lead Financial Analyst

Minnetonka, MN · On-site

$88K - $152K/yr

Medica's Financial Analyst IV is responsible for analyzing financial data for our Individual Family ... In addition to compensation, Medica offers a generous total rewards package that includes ...

Imedica

Affordability Analyst III

Minnetonka, MN · On-site

$90K - $155K/yr

The Affordability Analyst will support the manager in developing and maintaining multi-year ... In addition to compensation, Medica offers a generous total rewards package that includes ...

Medica

Affordability Analyst III

Minnetonka, MN · On-site

$90K - $155K/yr

The Affordability Analyst will support the manager in developing and maintaining multi-year ... In addition to compensation, Medica offers a generous total rewards package that includes ...

US Bank

Credit Analyst

Hopkins, MN

The Project Analyst conducts detailed reviews of property-related documentation, including ... Our approach to benefits and total rewards considers our team members' whole selves and what may be ...

US Bank

Credit Analyst

Minneapolis, MN · On-site

The Project Analyst conducts detailed reviews of property-related documentation, including ... Our approach to benefits and total rewards considers our team members' whole selves and what may be ...

US Bank

Credit Analyst

Saint Paul, MN · On-site

The Project Analyst conducts detailed reviews of property-related documentation, including ... Our approach to benefits and total rewards considers our team members' whole selves and what may be ...

US Bank

Strategic Financial Analyst

Minneapolis, MN · On-site

The Strategic Financial Analyst has experience translating complex financial, market, and business ... Our approach to benefits and total rewards considers our team members' whole selves and what may be ...

US Bank

Credit Analyst

Marshall, MN · On-site

The Project Analyst conducts detailed reviews of property-related documentation, including ... Our approach to benefits and total rewards considers our team members' whole selves and what may be ...

US Bank

Strategic Financial Analyst

Saint Paul, MN · On-site

The Strategic Financial Analyst has experience translating complex financial, market, and business ... Our approach to benefits and total rewards considers our team members' whole selves and what may be ...

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All JobsTotal Rewards Analyst JobsTotal Rewards Analyst Jobs in Minnesota

Total Rewards Analyst information

See Minnesota salary details

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How much do total rewards analyst jobs pay per hour?

As of Aug 16, 2026, the average hourly pay for total rewards analyst in Minnesota is $38.16, according to ZipRecruiter salary data. Most workers in this role earn between $30.62 and $43.32 per hour, depending on experience, location, and employer.

What does a total rewards analyst do?

A total rewards analyst is responsible for designing, analyzing, and managing employee compensation and benefits programs. They evaluate market data, ensure compliance, and use tools like HRIS systems to develop competitive packages that attract and retain talent.

What skills and qualifications are needed to thrive as a total rewards analyst?

To thrive as a Total Rewards Analyst, you need strong analytical skills, attention to detail, and a solid understanding of compensation and benefits concepts, typically backed by a degree in human resources, business, or a related field. Familiarity with HRIS systems, Microsoft Excel, data visualization tools, and certification such as CCP (Certified Compensation Professional) are often advantageous. Effective communication, collaboration, and the ability to maintain confidentiality are vital soft skills for building trust and working with cross-functional teams. These skills ensure that total rewards strategies are accurately analyzed, clearly communicated, and effectively support employee engagement and organizational goals.

What are the daily responsibilities of a total rewards analyst?

As a Total Rewards Analyst, your daily responsibilities often include analyzing compensation and benefits data, benchmarking company programs against industry standards, and preparing reports to support decision-making. You may collaborate with HR business partners and managers to review job offers, salary adjustments, and incentive plans, as well as respond to employee inquiries about rewards policies. The role typically involves both independent data analysis and teamwork, allowing you to influence company reward strategies while developing a comprehensive understanding of the organization. This blend of analytical and collaborative work makes the position both dynamic and integral to the HR function.

What is a total rewards analyst?

A Total Rewards Analyst is responsible for analyzing and administering an organization's compensation, benefits, and other reward programs to ensure they are competitive and aligned with company goals. They collect and interpret data on salaries, bonuses, incentives, and benefits to support decision-making. Additionally, they may assist in benchmarking, compliance, and developing strategies to attract and retain talent. Their role helps organizations maintain equitable and competitive pay structures while optimizing overall employee satisfaction and performance.

What are popular job titles related to Total Rewards Analyst jobs in Minnesota?

For Total Rewards Analyst jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Total Rewards Analyst jobs in Minnesota look for?

The top searched job categories for Total Rewards Analyst jobs in Minnesota are:

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Total Rewards Analyst jobs near you
Infographic showing various Total Rewards Analyst job openings in Minnesota as of August 2026, with employment types broken down into 95% Full Time, and 5% Part Time. Highlights an 90% In-person, 5% Hybrid, and 5% Remote job distribution, with an average salary of $79,382 per year, or $38.2 per hour.

Actuarial Analyst - Medicaid

Medica Services Company LLC

Hopkins, MN

$70K - $120K/yr

Full-time

Posted 23 days ago

Job description

Medica is a nonprofit health plan with more than a million members that serves communities in Minnesota, Nebraska, Wisconsin, Missouri, and beyond. We deliver personalized health care experiences and partner closely with providers to ensure members are genuinely cared for.

We're a team that owns our work with accountability, makes data-driven decisions, embraces continuous learning, and celebrates collaboration — because success is a team sport. It's our mission to be there in the moments that matter most for our members and employees. Join us in creating a community of connected care, where coordinated, quality service is the norm and every member feels valued.

Medica is seeking an Actuarial Analyst to join our Actuarial Services team in Minnetonka, MN. This role provides analytical support in the areas of pricing, forecasting, reserving, and financial reporting. Performs other duties as assigned.

Key Accountabilities

  • Assist in the preparation of financial models, pricing structures, and reserve estimates to support business decisions
  • Perform data analysis and validation using actuarial and statistical techniques
  • Contribute to the development of reports, exhibits, and presentations for leadership and regulatory bodies
  • Support actuarial projects related to product development, trend analysis, and risk management
  • Ensure accuracy and compliance with actuarial standards, regulatory requirements, and Medica policies
  • Collaborate with cross-functional teams including Finance, Underwriting, and Product Development
  • Continue professional development through actuarial exams and on-the-job learning

Required Qualifications

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or related field
  • 0-1 years of experience beyond degree
  • Successful completion of 1 Society of Actuaries (SOA) exams

Preferred Qualifications

  • Strong analytical, problem-solving, and critical-thinking skills
  • Proficiency with Microsoft Excel; experience with SQL, SAS, R, or Python is a plus
  • Excellent written and verbal communication skills
  • Ability to work independently and as part of a collaborative team

This position is an Office role, which requires an employee to work onsite at our Minnetonka, MN office, on average, 3 days per week.

The full salary grade for this position is $70,200 - $120,400. While the full salary grade is provided, the typical hiring salary range for this role is expected to be between $70,200 - $105,315. Annual salary range placement will depend on a variety of factors including, but not limited to, education, work experience, applicable certifications and/or licensure, the position's scope and responsibility, internal pay equity and external market salary data.  In addition to compensation, Medica offers a generous total rewards package that includes competitive medical, dental, vision, PTO, Holidays, paid volunteer time off, 401K contributions, caregiver services and many other benefits to support our employees.

The compensation and benefits information is provided as of the date of this posting. Medica’s compensation and benefits are subject to change at any time, with or without notice, subject to applicable law.

Eligibility to work in the US: Medica does not offer work visa sponsorship for this role. All candidates must be legally authorized to work in the United States at the time of application. Employment is contingent on verification of identity and eligibility to work in the United States.

We are an Equal Opportunity employer, where all qualified candidates receive consideration for employment indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information, or any other protected characteristic.

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