Total Rewards Analyst at Lockton Companies (Dallas, TX)

| Dallas-Fort Worth, TX
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Description:

Lockton Dunning is currently seeking a Total Rewards Analyst to play an integral role the creation, implementation and administration of our clients' Total Reward Strategy. Experience in compensation and benefits is important and a passion for seeking new and innovative ways to enhance the overall employee experience is a must. The right candidate truly enjoys research, trending, benchmarking, and uses analytical rigor to interpret quantitative and qualitative information drawing conclusions used to create compelling recommendations on new, innovative concepts in total rewards.

  • Review and summarize clients' current total rewards packages, and model new/additional options for their benefit plans, compensation structure, and wellness initiatives.
  • Create benchmarking reports utilizing internal data as well as market information within the total rewards space; including performance management compensation structures (base to variable pay mix), effectiveness of new wellness benefits, retirement options, etc.
  • Conduct in-depth analysis of health care trends and strategies to address changes/challenges.
  • Analyze vendor reports and work collaboratively to ensure health and wellness plan provisions are implemented, interpreted and administered correctly.
  • Conduct FLSA reviews, ensure compliance for new positions, re-classifications, equity placements, pay practices, status determinations and incentive plan and create eligibility.
  • Prepare and submit salary survey data to survey houses and utilize salary survey data to create reports outlining market competitiveness of pay structures and variable incentive programs.
  • Stay up to date on federal regulation changes that could impact total rewards: FLSA, DOL, IRS, ERISA, HIPAA, FMLA.
  • Monitor competitive trends and best practices, provide analysis and recommendations on program enhancements.
  • Provide insight into new wellness initiatives, proving a variety of options/resources that encourage active engagement in overall wellness: safety, health, financial and mental well-being, etc.
  • Analyze large data sets and present findings and recommendations in a compelling and meaningful manner.
  • Utilize qualitive and quantitative data to assess and present the ROI of various program initiatives.
  • Develop measurement tools to determine effectiveness of total rewards programs, monitor and provide analysis and insight to the trends.

#LI-KC2

Qualifications:

Requirements:
  • 4+ years progressive human resource experience demonstrating strong knowledge of total rewards (compensation, benefits, wellness)
  • Demonstrated experience in producing complex reports using advanced skills in Excel - including multiple data sets, pivot tables and complex formulas.
  • Familiarity with carrier administration systems (i.e. BCBS, UHC, CIGNA, Delta, Aetna) and ability to trace a disconnect between the BenAdmin system and the carrier
  • Knowledge of compensation and benefit specific guidelines of DOL, IRS, ERISA, HIPAA and PPACA, FLSA, FMLA, etc.
  • Strong collaborator with effective interpersonal and analytical skills to work seamlessly with internal and external teams.
  • Ability to identify and solve problems through creativity, sound HR principles, analytical and problem-solving skills.
  • Ability to manage multiple tasks/projects (planned and unplanned), meet deadlines and maintain quality of work.

#LI-KC2
More Information on Lockton Companies
Lockton Companies operates in the Insurance industry. The company is located in Bellevue, WA, Irvine, CA, Denver, CO, Omaha, NE, Kansas City, MO, Chicago, IL, New York, NY and Farmington, CT. Lockton Companies was founded in 1966. It has 7500 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 97 open jobs at Lockton Companies, click here.
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