Compensation Analyst II

Posted 2 Hours Ago
Be an Early Applicant
2 Locations
In-Office or Remote
66K-96K Annually
Mid level
Fintech • Insurance
The Role
Conduct job evaluations, market pricing, benchmarking, compensation analyses, and survey submissions. Support annual compensation programs, salary administration, incentive plans, reporting, modeling, and process improvements. Partner with HR stakeholders and leaders to deliver equitable, competitive pay insights, while handling confidential information and communicating data-driven recommendations.
Summary Generated by Built In

The next part of your journey is right around the corner — with The Standard.

A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams, we’ve been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference?

Job Summary

Join our Compensation team and help support compensation programs that ensure competitive and equitable pay practices across the organization. In this role, you'll conduct job evaluations, market pricing, compensation analyses, and survey participation while partnering with HR Business Partners, leaders, and Compensation team members. You'll also support annual compensation processes, incentive programs, compensation reporting, and ongoing process improvement initiatives. This position is ideal for someone who enjoys working with data, solving complex problems, and providing compensation insights that support business decisions.

Key Responsibilities

  • Conduct job evaluations, market pricing, benchmarking, and compensation analyses.

  • Participate in compensation surveys and prepare, validate, and submit compensation data.

  • Support annual compensation programs, salary administration, and incentive plan processes.

  • Develop reports, analyses, and modeling to support compensation decisions and program design.

  • Identify and implement process improvements that enhance compensation programs and operations.

* Occasional travel for team meetings, planning sessions, or professional development activities may be required.

Skills and Background You'll Need

Education: Bachelor's degree in Human Resources, Business, Finance, Economics, or a related field.

Experience: 4+ years of compensation experience or equivalent experience involving data analysis, modeling, and evaluation.

  • Experience conducting market pricing, job evaluations, compensation benchmarking, and salary administration activities.

  • Strong analytical skills with experience interpreting, validating, and presenting data-driven insights.

  • Experience working with compensation surveys, reporting, and compensation program administration.

  • Ability to handle sensitive and confidential information with discretion.

  • Strong written and verbal communication skills with the ability to explain compensation concepts to a variety of audiences.

  • Preferred: Experience using Workday or a similar Human Capital Management (HCM) system.

  • Preferred: Experience supporting incentive compensation or sales compensation programs.

Key Behaviors of a Successful Candidate

  • Adaptability: Sees possibilities in changing circumstances, accepts and understands change, and adjusts quickly to changing priorities and business needs.

  • Collaboration: Builds positive relationships, partners effectively with colleagues and stakeholders, and contributes to shared goals.

  • Improvement Mindset: Identifies opportunities to improve processes, tools, and efficiencies while supporting innovation and operational excellence.

Why Join The Standard?

We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect:

  • A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions

  • An annual incentive bonus plan

  • Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure

  • A supportive, responsive management approach and opportunities for career growth and advancement 

  • Paid parental leave and adoption/surrogacy assistance

  • An employee giving program that double matches your donations to eligible nonprofits and schools

In addition to the competitive salary range below, our employee-focused benefits support work-life balance. Learn more about working at The Standard.

  • Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance.

The actual compensation for this role will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data.

Salary Range:

$66,000.00 - $96,250.00

Positions will be posted for at least 5 days from original posting date.

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., and American Heritage Life Insurance Company and American Heritage Service Company, marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability or veteran status or any other condition protected by federal, state or local law. Except where precluded by state or federal law, The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance. The Standard offers a drug- and alcohol-free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on The Standard's property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation and employment, education and licensing verification as a condition of employment. After any conditional offer of employment is made, the background check will include an individualized assessment based on the applicant’s specific record and the duties and requirements of the specific job. Applicants will be provided an opportunity to explain and correct background information. All employees of The Standard must be bondable.

Skills Required

  • Bachelor's degree in Human Resources, Business, Finance, Economics, or a related field
  • 4+ years of compensation experience or equivalent experience involving data analysis, modeling, and evaluation
  • Experience conducting market pricing, job evaluations, compensation benchmarking, and salary administration
  • Strong analytical skills, including interpreting, validating, and presenting data-driven insights
  • Experience with compensation surveys, reporting, and compensation program administration
  • Ability to handle sensitive and confidential information with discretion
  • Strong written and verbal communication skills, including explaining compensation concepts to varied audiences
  • Experience using Workday or a similar Human Capital Management system
  • Experience supporting incentive compensation or sales compensation programs

The Standard Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about The Standard and has not been reviewed or approved by The Standard.

  • Retirement Support The 401(k) match and profit sharing are highlighted as strong components of total rewards. The retirement plan is often regarded as a standout element.
  • Leave & Time Off Breadth Generous PTO, 11 holidays, wellness days, and paid volunteer time provide meaningful time off. These programs are portrayed as supportive of work-life balance.
  • Parental & Family Support Paid parental leave, adoption/surrogacy assistance, dependent-care support, and backup childcare are available. These family-oriented benefits add meaningful value to the package.

The Standard Insights

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The Company
HQ: Portland, OR
3,557 Employees

What We Do

StanCorp Financial Group, Inc., through its subsidiaries marketed as The Standard -- Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, StanCorp Mortgage Investors, StanCorp Investment Advisers, StanCorp Real Estate and StanCorp Equities -- is a leading provider of financial products and services. StanCorp's subsidiaries serve approximately 7.5 million customers nationwide as of June 30, 2011, with group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management services, retirement plans products and services, individual annuities and investment advice. The Standard is a marketing name for StanCorp Financial Group, INC. and its subsidiaries. Insurance products are offered by Standard Insurance Company of Portland, Ore. in all states except New York, where insurance products are offered by The Standard Life Insurance Company of New York of White Plains, N.Y. Product features and availability by state and company, and are solely the responsibility of each subsidiary.

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