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Premera Blue Cross

Manager, Compensation and Executive Total Rewards

Reposted 7 Days Ago
Be an Early Applicant
In-Office
Mountlake Terrace, WA
136K-231K Annually
Senior level
In-Office
Mountlake Terrace, WA
136K-231K Annually
Senior level
The Manager of Compensation and Executive Total Rewards will lead Premera's compensation strategy, ensuring competitive and performance-driven programs. Responsibilities include market analysis, collaboration with leaders, advising executives, and mentoring a compensation team.
The summary above was generated by AI

Workforce Classification:

Hybrid


 

Join Our Team: Do Meaningful Work and Improve People’s Lives 

Our purpose, to improve customers’ lives by making healthcare work better, is far from ordinary. And so are our employees. Working at Premera means you have the opportunity to drive real change by transforming healthcare.

Premera is committed to being a workplace where people feel empowered to grow, innovate, and lead with purpose. By investing in our employees and fostering a culture of collaboration and continuous development, we’re able to better serve our customers. It’s this commitment that has earned us recognition as one of the best companies to work for. Learn more about our recent awards and recognitions as a greatest workplace.

Learn how Premera supports our members, customers and the communities that we serve through our Healthsource blog:  https://healthsource.premera.com/.

As the Manager, Compensation & Executive Total Rewards, you will play a pivotal role in advancing Premera’s compensation strategy, ensuring our programs reinforce a performance-driven culture that attracts, motivates, and retains top talent. In this highly visible role, you will serve as a trusted advisor to senior leaders and executives while managing and supporting a strong, collaborative compensation team.

Joining the Total Rewards team, you will collaborate closely with leaders across the organization to design and deliver market-competitive, forward-looking compensation programs that support Premera’s growth and transformation. Your insight and expertise will directly influence how we reward leadership, align pay with performance, and drive long-term organizational success.

What You Will Do:

  • Design and lead Premera’s compensation strategy, delivering competitive, performance-driven programs that reinforce a pay-for-performance philosophy and support attraction, retention, and long-term leadership effectiveness.
  • Lead market pricing, benchmarking, and trend analysis, ensuring compensation practices remain competitive, compliant, and aligned with evolving market conditions and regulatory expectations.
  • Partner closely with senior leaders across the enterprise to assess compensation needs, advise on critical reward decisions, and translate business strategy into thoughtful, actionable Total Rewards solutions.
  • Serve as a trusted advisor to executive leadership and the Compensation Committee of the Board, providing strategic guidance, rigorous analysis, and actionable recommendations while ensuring alignment with governance best practices and organizational goals.
  • Evolve Premera’s sales compensation model from an administrative function to a strategic growth lever by designing performance‑aligned incentives that support revenue growth, market competitiveness, and enterprise transformation.
  • Provide expert counsel on complex executive compensation, including short- and long-term incentive plans, deferred compensation, retirement programs, and perquisites, with clear insight into financial, budgetary, and talent implications.
  • Lead and mentor a high-performing compensation team, providing coaching and strategic direction while strengthening bench capability and capabilities to support Premera’s growth and transformation.

What You Will Bring:

  • Bachelor’s degree in Human Resources, Business or a related field, or four years of work experience. (Required)
  • Eight years of experience in Human Resources, including five years in Total Rewards, including a background with compensation and benefit programs. (Required)
  • Previous leadership and people management experience is preferred.

Premera total rewards

Our comprehensive total rewards package provides support, resources, and opportunities to help employees thrive and grow. Our total rewards are more than a collection of perks, they're a reflection of our commitment to your health and well-being. We offer a broad array of rewards including physical, financial, emotional, and community benefits, including:

  • Medical, vision, and dental coverage with low employee premiums.

  • Voluntary benefit offerings, including pet insurance for paw parents.

  • Life and disability insurance.

  • Retirement programs, including a 401K employer match and, believe it or not, a pension plan that is vested after 3 years of service.

  • Wellness incentives with a wide range of mental well-being resources for you and your dependents, including counseling services, stress management programs, and mindfulness programs, just to name a few.

  • Generous paid time off to reenergize.

  • Looking for continuing education? We have tuition assistance for both undergraduate and graduate degrees.

  • Employee recognition program to celebrate anniversaries, team accomplishments, and more.

For our hybrid employees, our on-campus model provides flexibility to create your own routine with access to on-site resources, networking opportunities, and team engagement.

  • Commuter perks make your trip to work less impactful on the environment and your wallet.

  • Free convenient on-site parking.

  • Subsidized on-campus cafes make lunchtime connections with colleagues fun and affordable.

  • Participate in engaging on-site activities such as health and wellness events, coffee connects, disaster preparedness fairs and more.

  • Our complementary fitness & well-being center offers both in-person and virtual workouts and nutritional counseling.

  • Need a brain break? Challenge someone to a game of shuffleboard or ping pong while on campus.

Equal employment opportunity/affirmative action:

Premera is an equal opportunity/affirmative action employer. Premera seeks to attract and retain the most qualified individuals without regard to race, color, religion, sex, national origin, age, disability, marital status, veteran status, gender or gender identity, sexual orientation, genetic information or any other protected characteristic under applicable law.

If you need an accommodation to apply online for positions at Premera, please contact Premera Human Resources via email at [email protected] or via phone at 425-918-4785.

The pay for this role will vary based on a range of factors including, but not limited to, a candidate’s geographic location, market conditions, and specific skills and experience.

The salary range for this role is posted below; we generally target up to and around the midpoint of the range.

National Plus Salary Range:

$135,600.00 - $230,500.00

*National Plus salary range is used in higher cost of labor markets including Western Washington and Alaska.

We’re happy to discuss compensation further during the interview because we believe that open communication leads to better outcomes for all. We’re committed to creating an environment where all employees are celebrated for their unique skills and contributions.

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