Full-Time
Senior Executive Compensation Analyst
Posted on 7/3/2025
Blue Cross Blue Shield of Michigan
10,001+ employees
Nonprofit mutual insurer administering health benefits
No salary listed
Detroit, MI, USA
In Person
 People & HR (1) |
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- Bachelor's Degree in Business Administration, Human Resources Management or related area preferred
- Certified Compensation Professional (CCP) certification preferred
- Five or more years’ experience in compensation or related area required
- Strong analytical, organizational, problem resolution, verbal and written communication skills
- Strong knowledge and demonstration of skills utilizing Microsoft Office software (Excel, Word, PowerPoint, Adobe, etc.)
- Ability to work effectively in a team environment
- Knowledge of applicable Human Resources and related tax laws (i.e., ERISA, FICA, IRC 409A , etc.)
- Perform duties related to the administration of executive compensation and perquisites programs and contracts with external vendors
- Prepare meeting materials, presentations and provide support for the Personnel and Compensation Subcommittee, BCBSM board, its committees, and subsidiary boards
- Perform research and analysis related to compensation actions that are going to the Board, market trends, and salary program or incentive plan changes
- Prepare compensation related reports to support annual reporting process and to assist senior leadership in administration of the executive compensation programs
- Participate in annual executive and board member compensation salary surveys
- Participate in special projects assigned by BCBSM senior management, subsidiary leadership, or the subcommittee
- Perform audits and compliance reviews to assess executive program, effectiveness, and participation
- Develop and/or update executive job descriptions according to established format
- Update executive plan documents
- Assist by answering questions, supplying information and training as necessary
- Other related skills and/or abilities may be required to perform this job
Blue Cross Blue Shield of Michigan is a nonprofit mutual insurer that administers health benefits for more than 4.3 million members in Michigan and nationwide. It offers group health plans for businesses of various sizes, including a private exchange that lets employers provide a selection of benefits, along with life and disability insurance. Benefits are delivered through employer-sponsored plans and a network-based coverage model, with plans tailored to organizations and employees. The goal is to keep health costs affordable and predictable while providing broad access to coverage and employee benefit options.
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
Detroit, Michigan
Founded
1938
Simplify's Take
What believers are saying
- Michigan Medicine disruption opens a 2026 opportunity to win employer switches.
- The Grand Rapids consolidation improves occupancy and supports BCBSM's transformation narrative.
- Life and disability products expand cross-sell potential with employer health-plan renewals.
What critics are saying
- Michigan Medicine could leave BCBSM networks on July 1, 2026, triggering churn.
- The antitrust lawsuit over self-funded plan stop-loss fees threatens damages and injunctions.
- Carrier-switching employers can rapidly move to HAP, Priority Health, or UnitedHealthcare.
What makes Blue Cross Blue Shield of Michigan unique
- BCBSM is Michigan's largest nonprofit mutual insurer, serving 4.7 million members.
- Value Partnerships began in 2002 and spans over twenty collaborative quality initiatives.
- Blueprint for Affordability ties provider payments to total cost and outcomes, not volume.
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