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Workers Compensation Analyst Jobs (NOW HIRING)

Compensation Analyst

Minneapolis, MN · On-site

$64K - $113K/yr

Working knowledge of compensation theories, techniques, and practices, including job analysis, market pricing, and salary structure design * Bachelor's degree in HR, Business, Finance, or related ...

We are seeking a Compensation Analyst to support broad-based compensation programs and processes ... or working out alongside your teammates. We also offer a generous time-off package and a culture ...

Experience working with HRIS systems and compensation survey tools preferred. * Knowledge of ... Analytical Thinking * Attention to Detail * Confidentiality and Professional Judgment

This position requires analytical skills, excellent communication, and the ability to manage multiple cases simultaneously. Responsibilities: Advise and represent clients in workers' compensation ...

This position requires analytical skills, excellent communication, and the ability to manage multiple cases simultaneously. Responsibilities: Advise and represent clients in workers compensation ...

Senior Benefits & Compensation Analyst

Oak Brook, IL · On-site

$83K - $109K/yr

Support Workers' Compensation renewal processes and coordinate with brokers and carriers * Manage ... Strong analytical and financial modeling skills; advanced Excel proficiency (pivot tables, XLOOKUP ...

Senior Benefits & Compensation Analyst

Oak Brook, IL · On-site

$83K - $109K/yr

Support Workers' Compensation renewal processes and coordinate with brokers and carriers * Manage ... Strong analytical and financial modeling skills; advanced Excel proficiency (pivot tables, XLOOKUP ...

Participate in compensation surveys to collect and analyze survey data. * Conduct benchmarking ... Experience working on problems of moderate scope, which are often varied and routine, where ...

Working under general guidance, the analyst applies independent judgment to analyze compensation data, evaluate market competitiveness, and ensure effective delivery of core and ad hoc compensation ...

Working knowledge of compensation-related laws, regulations, and reporting requirements. * Proficiency in Microsoft Excel, HRIS, and other data analysis tools. Preferred: * Experience supporting ...

DEPADM The Opportunity The HR Compensation Analyst supports the design, implementation, and ... Experience working with salary surveys and market pricing. How we support you We believe your best ...

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Workers Compensation Analyst information

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$44.5K

$96.2K

$162.5K

How much do workers compensation analyst jobs pay per year?

As of Jun 8, 2026, the average yearly pay for workers compensation analyst in the United States is $96,194.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,000.00 and $120,500.00 per year, depending on experience, location, and employer.

What are some common challenges a Workers Compensation Analyst faces when managing multiple claims simultaneously?

Workers Compensation Analysts often juggle multiple claims with varying degrees of complexity, which can be challenging due to tight deadlines, detailed documentation requirements, and constant communication with stakeholders. Staying organized and prioritizing tasks is essential, as analysts must ensure compliance with state regulations while addressing the needs of injured workers, employers, and healthcare providers. Effective time management and strong interpersonal skills help analysts balance these demands and maintain accuracy throughout the claims process.

What does a Workers Compensation Analyst do?

A Workers Compensation Analyst is responsible for managing and analyzing workers' compensation claims within an organization. They review injury reports, ensure compliance with state and federal regulations, and help facilitate the claims process between employees, employers, and insurance providers. Analysts also monitor claim trends, recommend improvements for workplace safety, and ensure accurate documentation for all cases. Their role is essential in reducing costs and supporting injured workers through their recovery and return to work.

What are the key skills and qualifications needed to thrive as a Workers Compensation Analyst, and why are they important?

To thrive as a Workers Compensation Analyst, you need strong analytical skills, knowledge of workers’ compensation laws, and experience in claims management, typically supported by a bachelor's degree in business, finance, or a related field. Familiarity with claims management software like Risk Management Information Systems (RMIS) and relevant certifications such as Associate in Risk Management (ARM) are commonly required. Attention to detail, effective communication, and problem-solving abilities are crucial soft skills for success in handling sensitive cases and collaborating with stakeholders. These competencies are vital for ensuring accurate claims processing, regulatory compliance, and cost-effective risk management.

What is the difference between Workers Compensation Analyst vs Claims Adjuster?

AspectWorkers Compensation AnalystClaims Adjuster
Required CredentialsTypically requires a bachelor’s degree in insurance, business, or related field; certifications like CPCU or ARM are commonRequires a high school diploma or equivalent; some roles prefer insurance or claims adjusting licenses
Work EnvironmentOffice setting, analyzing claims, reviewing policies, and ensuring complianceField and office work, investigating claims, and negotiating settlements
Employer & Industry UsageInsurance companies, employers' HR departments, third-party administratorsInsurance carriers, third-party claims adjusting firms, self-insured organizations

While both roles involve handling insurance claims, a Workers Compensation Analyst primarily reviews and analyzes workers' compensation claims within an organization or insurer, focusing on compliance and data analysis. A Claims Adjuster investigates and settles claims, often in the field, negotiating with claimants. Both roles require knowledge of insurance policies, but the Analyst emphasizes data and policy review, whereas the Adjuster focuses on investigation and settlement.

More about Workers Compensation Analyst jobs
What cities are hiring for Workers Compensation Analyst jobs? Cities with the most Workers Compensation Analyst job openings:
Who are the top companies hiring for Workers Compensation Analyst jobs? The top employers for Workers Compensation Analyst jobs are:
What states have the most Workers Compensation Analyst jobs? States with the most job openings for Workers Compensation Analyst jobs include:
Compensation Analyst

Compensation Analyst

Graco, Inc.

Minneapolis, MN • On-site

$64K - $113K/yr

Full-time

Medical, Dental, Retirement

Posted 22 days ago


Graco rating

8.6

Company rating: 8.6 out of 10

Based on 23 frontline employees who took The Breakroom Quiz

49th of 417 rated machine equipment manufacturers


Job description

Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life.
This role is currently based at our Minneapolis office and will transition to our new headquarters in Dayton, MN, in 2027.
The Compensation Analyst supports the design, administration, and analysis of compensation programs aimed at attracting and retaining world-class talent. Reporting to the Compensation Manager, this role partners closely with HR to deliver accurate compensation analysis, support annual compensation processes, and ensure programs are administered consistently and compliantly.
What You Will Do at Graco
  • Own end-to-end salary survey participation, ensuring accurate and compliant data submissions
  • Support annual compensation processes including merit increases, bonus and incentive payouts, salary surveys, pay range reviews, factory wage reviews, and stock grants
  • Conduct compensation analysis and modeling to support pay decisions and program evaluations
  • Participate in job evaluations, market pricing, and internal equity analyses with review from senior team members
  • Support the administration of global grade and pay structures and assist with market movement analyses
  • Assist in the administration and calculation of variable incentive and bonus plans
  • Support equity administration activities and documentation requirements
  • Prepare reports, dashboards, and materials for compensation reviews and projects
  • Assist with compensation activities related to acquisitions and integration efforts
  • Support compliance reviews and documentation related to compensation programs
  • Participate in special projects and research as assigned

What You Bring to Graco
  • Working knowledge of compensation theories, techniques, and practices, including job analysis, market pricing, and salary structure design
  • Bachelor's degree in HR, Business, Finance, or related field
  • 2+ years of compensation experience
  • Accuracy focused, with demonstrated experience of careful data handling
  • Strong analytical skills with advanced Excel capability
  • Effective written and verbal communication skills and ability to collaborate effectively with cross-functional teams

Accelerators
  • Experience with Workday and MarketPay
  • Experience with Global Compensation
  • Experience with Equity Administration
  • CCP, PHR, or SHRM-CP

#LI-Hybrid
Applicants must be legally authorized to work in the United States. This role is not eligible for immigration sponsorship now or in the future (e.g., H-1B, TN, F-1 OPT).
At Graco, you truly make a difference. Your unique talents contribute to our organizational growth and future. Not only do you make a difference, but Graco's culture empowers employees to create their own career path. Whether you choose to advance within your current department or explore new opportunities in different divisions, you have the ability to build your future. Our managers are here to provide support and guidance as you continue to grow within your career.
Graco has excellent opportunities available to individuals who want to be part of a fast-moving, growing company that is committed to quality, innovation and solving fluid handling problems for our customers. Graco is proud to be named a Best Place to Work by Fortune Magazine in 2016, 2018, 2019, 2021 & 2022. Graco offers attractive compensation, benefits and career development opportunities. Graco's comprehensive benefits include medical, dental, stock purchase plan, 401(k), tuition reimbursement and more.
Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify.
The base pay range for this position is listed below, exclusive of fringe benefits or other compensation. If you are hired, your final base hourly rate will be determined based on factors such as geographic location, skills, competencies, education, and/or experience. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.
$64,600.00 - $113,100.00

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