Demo

Benefits & Compensation Analyst

Federated Insurance
Owatonna, MN Full Time
POSTED ON 1/7/2026
AVAILABLE BEFORE 2/5/2026
Who is Federated Insurance?

At Federated Insurance , we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We make lives better, and we’re looking for employees who want to make a difference in others’ lives, all while enhancing their own.

Federated’s culture is grounded in our Four Cornerstones: Equity, Integrity, Teamwork, and Respect. We strive to create a work environment that embodies our values and commitment to diversity and inclusion. We value and respect individual differences, and we leverage those differences to achieve better results and outcomes for our clients, employees, and communities. Our top priority in recruitment and development of our next generation is to ensure we align ourselves with truly exceptional people who share these values.

What Will You Do?

Federated is committed to offering employee benefits that truly make a difference, and we’re looking for someone who can help shape that impact. As a Benefits & Compensation Analyst, you’ll support Federated’s retirement plans and related programs, driving their development, administration, and performance to align with organizational goals and employee needs.

Responsibilities

  • Provide direction and support in the design and administration of retirement and other key employee benefits.
  • Collaborate with internal and external partners to deliver clear, engaging communication that enhances employee understanding and perception of programs.
  • Monitor plan utilization, performance, and trends by analyzing and reporting on financial and quantitative data.
  • Research and analyze plan effectiveness, competitiveness, and alignment with strategic goals, making recommendations for enhancements.
  • Develop deep technical expertise in a variety of benefits and compensation programs.

Minimum Requirements

  • A four-year degree and a minimum of 1 year of experience in an analyst or related role, demonstrating strong analytical, problem solving and communication skills. Bachelor’s degree preferred but not required.
  • Exceptional communication skills, both written and verbal, with the ability to influence and collaborate across all levels of the organization.
  • Strong data analysis, reporting, and problem-solving abilities.
  • Proficiency in Microsoft Office Suite, with advanced skills in Excel.

This is your opportunity to make a meaningful impact by driving innovative solutions in benefits and compensation. If you’re ready to bring your passion for educating, influencing, and innovation to a team that values your contributions, we’d love to hear from you!

What We Offer

We offer a wide variety of ways to support you as a whole, both professionally and personally. Our commitment to your growth includes opportunities for internal mobility and career development paths, inspiring excellence in performance and ensuring your professional journey thrives. Additionally, we offer exceptional benefits to nurture your personal life. We understand the importance of health and financial security, offering encompassing competitive compensation, enticing bonus programs, cost-effective health insurance, and robust pension and 401(k) offerings. To encourage community engagement, we provide paid volunteer time and offer opportunities for gift matching. Discover more about Federated and our comprehensive benefits package: Federated Benefits You .

Employment Practices

All candidates must be legally authorized to work in the United States for any employer. Federated will not sponsor candidates for employment visa status, such as an H1-B visa. Federated does not interview or hire students or recent graduates with J-1 or F-1 visas or similar temporary work authorization.

If California Resident, please review Federated's enhanced Privacy Policy.

Salary.com Estimation for Benefits & Compensation Analyst in Owatonna, MN
$64,481 to $79,370
If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Benefits & Compensation Analyst?

Sign up to receive alerts about other jobs on the Benefits & Compensation Analyst career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$61,766 - $75,939
Income Estimation: 
$89,005 - $110,248
Income Estimation: 
$75,201 - $93,613
Income Estimation: 
$82,176 - $107,275
Income Estimation: 
$58,812 - $73,278
Income Estimation: 
$65,036 - $83,221
Income Estimation: 
$70,688 - $86,333
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Federated Insurance

  • Federated Insurance Owatonna, MN
  • Who is Federated Insurance? At Federated Insurance , we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous op... more
  • 13 Days Ago

  • Federated Insurance Owatonna, MN
  • Who is Federated Insurance? At Federated Insurance , we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous op... more
  • 3 Days Ago

  • Federated Insurance Owatonna, MN
  • Who is Federated Insurance? At Federated Insurance , we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous op... more
  • 4 Days Ago

  • Federated Insurance Owatonna, MN
  • Who is Federated Insurance? At Federated Insurance , we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous op... more
  • 5 Days Ago


Not the job you're looking for? Here are some other Benefits & Compensation Analyst jobs in the Owatonna, MN area that may be a better fit.

  • United Hospital District Earth, MN
  • United Hospital District is seeking a Speech Therapist to join our dedicated Therapy team. This position will work approximately 30 hours per week and trea... more
  • 12 Days Ago

  • Wenger Corporation and Careers Owatonna, MN
  • This is a structured hybrid position which requires working in our Owatonna, MN facility: Mondays, Wednesdays, and Thursdays. Tuesdays and Fridays are home... more
  • 4 Days Ago

AI Assistant is available now!

Feel free to start your new journey!