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Job Description

Professional, Compensation Analyst

Headquarters Office, 625 State Street, Schenectady, New York, United States of America Req #1967

Friday, March 29, 2024

Over 35 years strong and fueled by 1,700 smart, passionate employees across New York state and Vermont, MVP is full of opportunities to grow. We are a nationally recognized, award-winning leader for a reason. The beating heart of our company is a wide range of employees from a diverse set of backgrounds-tech people, numbers people, even people people-working together to make health insurance better. If you are ready to join a thriving, mission-driven company where you can create your own opportunities and make a positive difference-it's time to make a healthy career move to MVP!

Full-time, Exempt.

Hybrid to Schenectady N.Y.

The Compensation Analyst will support compensation processes within the Total Rewards HR Function and will actively contribute to the execution of key deliverables. The role's primary accountability will be to support the calculation and administration of all company sales incentives, including but not limited to-Commercial, Government Programs, and Recruitment. This position will partner with both Sales Leadership and Sales Operations to ensure payments are calculated correctly, delivered timely, adhere to plan rules, and include the appropriate data sources. Additionally, this role will provide administrative support and expertise to enterprise-wide bonus processing. This includes calculation, management of payments, and drafting of agreements. This individual will serve as the point person for support, administration, and delivery of MVP's annual short-term incentive program, which is offered to a subset leadership and individual contributors at MVP.

Another key accountability of this role will involve providing supplemental expertise and support for the Total Rewards' functionality within MVP's HR system. In this capacity, the individual will partner closely with other members of the Compensation team to provide expertise and administer the Compensation and Benefits components housed within MVP's HR system.

Performs other related duties as assigned.

POSITION QUALIFICATIONS

Minimum Education:
Bachelor's Degree required. Preferred concentration in Human Resources, Finance, Business Administration, and/or Business Analytics.

Minimum Experience:

• Prior experience in data extraction, manipulation, and analysis with preference to analysis of HR related data. HR business experience helpful.

• 2-3 years of professional level experience required with at least 1 year of experience in HR systems/compensation, Analytics, or Finance is preferred.

Required Skills:

• Advanced MS Excel skills with ability to create and edit moderately complex spreadsheets including mathematical equations, sort data, link worksheets, create pivot tables and graphically present data.
• Strong mathematic skills with the ability to calculate payments, generated percentages, and make predictions.
• Excellent organizational and time management skills; with the ability to plan, prioritize, and balance multiple priorities at a time, both short term and long term.
• Strong proficiency in other MS Office tools (including Outlook, Word, PowerPoint, Visio)
• Excellent attention to detail with a focus on accuracy, precision, and process-orientation.
• Excellent analytical and problem-solving skills.
• Strong verbal and written communication skills.

Preferred Skills:

• Knowledge of HRIS software (Dayforce preferred).
• SQL/VBA/Macro or HTML knowledge a plus.

Some travel including overnight stays periodically may be required.

About MVP

MVP Health Care is a nationally recognized, not-for-profit health insurer caring for members in New York and Vermont. Committed to the complete well-being of our members and the communities we serve, MVP makes health insurance more convenient, more supportive, and more personal. We are powered by the ideas and energy of more than 1,700 diverse employees from all backgrounds, committed to having a positive impact on the health and wellness of everyone we serve.

At MVP, we are committed to providing competitive employee compensation and benefits packages. The base pay range provided for this role reflects our good faith compensation estimate at the time of posting. Specific employment offers and associated compensation will be made individually based on several factors , including but not limited to geographic location ; relevant experience, education, and training; and the nature of and demand for the role.

In addition, we offer a comprehensive benefits package that includes:

• Considerable paid time away from work including PTO (Paid Time Off), s ick t ime, service t ime o ff, p aid h olidays, and f loating h olidays , allowing you to take time off when it suits you best.
• Competitive 401(k) employer matching and profit-sharing program to help you save for your retirement.
• Low premium health benefits including medical, dental, and vision coverage to support your well-being and that of your family.
• Life insurance and disability coverage to ensure financial security for you and your dependents.
• An array of optional benefit plans such as accident insurance and specified disease coverage to protect you from the unexpected.
• Full tuition reimbursement (up to the IRS limit) for approved courses and programs that support continuous learning.
• A best-in-class employee Well-Being program to support all dimensions of your health and wellness.

MVP Health Care analyzes the latest market data to determine employee compensation. Compensation figures listed in a job posting are subject to change as new market data becomes available. The salary range, other compensation, and benefits information is accurate as of the date of this posting. MVP Health Care reserves the right to modify this information at any time, subject to applicable law. More detailed information about total compensation and benefits will be provided during the hiring process.

MVP Health Care is an Affirmative Action/ Equal Employment Opportunity (PDF). We recruit, employ, train, compensate, and promote without regard to race, religion, creed, color, national origin, age, gender, sexual orientation, marital status, disability, genetic information, veteran status, or any other basis, e.g., Pay Transparency (PDF), and the Know your Rights protected by applicable federal, state or local law. Any person with a disability needing special accommodations to the application process, please contact Human Resources at

Please apply and learn more - including how you may become a proud member of our team.

Other details

• Job Family Human Resources
• Pay Type Salary
• Min Hiring Rate $50,000.00
• Max Hiring Rate $65,000.00