Compensation & Benefit Analyst

As a physician-founded and led organization, ensuring everyone has access to quality healthcare is what inspires us. That’s why we hire people who genuinely care about patients, solving healthcare challenges, and making a positive impact every day. Join us and help change the future of healthcare for the better.

• 120+ locations and growing, along with vast virtual coverage

• 1 million+ patients to-date

• 2,000+ caring clinicians and support staff serving their communities

• Backed by investors such as CVS Health Ventures and Blackstone Horizon

THE JOB AT A GLANCE

We're looking for a Compensation & Benefit Analyst to partner together with our HR teams to collaborate on compensation projects and help maintain best practices and consistent procedures. Key objectives set for this role will be to oversee all high level and detail-level matters related to the management of provider compensation, provider and practice productivity, and all related processes, procedures and policies. This position will be responsible for preparing all of the needed analyses for the growth and optimization of our Provider compensation programs.

WHAT YOU’LL DO

• Manages compensation and benefit programs by ensuring compliance, consistency, and sustainability through the maintenance of Compensation and Benefit standard operating procedures are accurately documented and maintained across all locations.
• Supports and maintains job & compensation architecture in Workday partnering closely with the People Operations team.
• Performs internal and external fair market value (“FMV”) valuation process, including benchmarks, compliance audits and policy updates.
• Completes highly analytical cost analysis related to Compensation and Benefit programs through cost models, and provides recommendations for modifications and changes.
• Manages annual, quarterly, and monthly incentive payments required by provider contracts and compensation programs. 
• Processes payments and invoices by reviewing and validating compensation processes. 
• Manages the communication and processing of any one-time bonuses; working closely with HR and Payroll in processing payments.
• Responsible for contract management and lifecycle for providers.
• Prepares compensation reports, including provider compensation calculation reports, on a monthly, quarterly, and annual basis; or as requested.
• Partners with Recruiting and Talent Delivery for documentation updates and maintenance.

ABOUT YOU

• 4-Year Bachelor’s Degree in Finance, Business, Accounting, or Healthcare Administration.
• Minimum 2 years of experience of managing Compensation and Benefit Programs for a healthcare setting with legal, contracting, or financial experience preferred.
• Advanced knowledge of Compensation: job architecture, job pricing, incentive plans, annual merit process, and HRIS workflows.
• Knowledge of state and federal regulatory and potential impacts related to Compensation and Benefit programs (FLSA, 409A, Stark Law, Anti-Kickback Law, ACA, LOA, etc.).
• Workday HCM experience is considered a plus.
• Advanced proficiency in Google Suite and Microsoft Office Suite Programs and specifically: Excel - pivot tables, advanced formulas, database knowledge; Word - mail merge, strong written communications skills, etc.).
• Demonstrated ability to interpret complex/advanced data issues and problem-solving abilities by providing recommendations/solutions.
• Ability to work independently while being team-oriented, and building relations while being flexible to adapt to change.
• Superior attention to detail with ability to effectively manage multiple complex projects simultaneously while remaining organized with documentation with a high level of accuracy.
• Ability to maintain confidentiality.

Carbon Health is a leading national healthcare provider with a mission to make high-quality healthcare accessible to everyone. We offer primary and urgent care to nearly two-thirds of the U.S. Leveraging our unique technology platform, we meet patients where they are by delivering care across a variety of access points, including in-person clinics and virtual care. Carbon Health also focuses on value-based care and other value-add services to employers, health plans, health systems and other ecosystem partners.