Senior Analyst, Physician Compensation

Posted:
11/12/2024, 4:00:00 PM

Location(s):
Illinois, United States ⋅ Warrenville, Illinois, United States

Experience Level(s):
Senior

Field(s):
Business & Strategy

Senior Analyst, Physician Compensation

Provider compensation is a foundational element to creating a high performing medical group. While many strategies and tactics are the needed to ultimately thrive in this environment; Best in Class Compensation Models are a vital ingredient.     

This role will partner with external consultants and internal leaders to understand the market trends, technology solutions, and processes to develop a best-in-class compensation administration function. This role will ensure that the model’s technical design is compliant with FMV guidelines, internally equitable, and that the model structurally performs properly and consistently. In addition to working with Chairs and Operations Leaders this role will also be responsible for Annual Salary Resets, Starting Salaries, New Hire Evaluations, Contracting and Designing, Supporting and maintaining the Technology solutions related to Provider Compensation Platform including development of new Communication Tools – Smart Phone, Dash Boards etc. The primary function will be partnering with other analysts and leaders to adjudicate timely compensation administration.

Position Highlights:

  • Position: Senior Analyst, Physician Compensation

  • Location: Warrenville, IL

  • Full Time/Part Time: Full Time

  • Hours: Monday-Friday, 8:00am-4:30pm

  • Required Travel: travel to other Endeavor Health locations may be required

What you will do:

  • Work with team of analysts to administer compensation models on a timely basis

  • Ensure Provider Compensation Model’s technical design is compliant with FMV guidelines, Internally Equitable, and that the model structurally performs properly and consistently.    

  • Annual Salary Resets, Starting Salaries, New Hire Evaluations, and Provider Contracting

  • Responsible for the preparation of compensation models and incentives plans for employed and affiliated physicians and mid-level providers.

  • Responsible for the development and distribution of physician and mid-level provider productivity reports and other tools for use by the providers and departmental leadership.

  • Serves as a consultant/subject matter expert to the Medical Group on compensation and ensures that decisions are in alignment with the organization’s total rewards philosophy and business strategy.

  • Conducts research to understand industry and organization-specific issues, including financial information, compensation and rewards and corporate performance.

What you will need:

  • Education: Bachelor’s Degree in Business, Finance or Accounting

  • Certification: n/a

  • Experience:

    • 5+ years overseeing provider compensation

    • 5+ years of advanced professional experience in compensation administration to include incentive design

  • Unique or Preferred Skills:

    • Strong analytical, written and verbal communication skills required.

    • Project management and problem-solving skills

    • Advanced Excel Capabilities

    • Proficient in MS Office Suite of Products

Benefits (For full time or part time positions):

  • Career Pathways to Promote Professional Growth and Development

  • Various Medical, Dental, Pet and Vision options

  • Tuition Reimbursement

  • Free Parking

  • Wellness Program Savings Plan

  • Health Savings Account Options

  • Retirement Options with Company Match

  • Paid Time Off and Holiday Pay

  • Community Involvement Opportunities

Endeavor Health is a fully integrated healthcare delivery system committed to providing access to quality, vibrant, community-connected care, serving an area of more than 4.2 million residents across six northeast Illinois counties. Our more than 25,000 team members and more than 6,000 physicians aim to deliver transformative patient experiences and expert care close to home across more than 300 ambulatory locations and eight acute care hospitals – Edward (Naperville), Elmhurst, Evanston, Glenbrook (Glenview), Highland Park, Northwest Community (Arlington Heights) Skokie and Swedish (Chicago) – all recognized as Magnet hospitals for nursing excellence. For more information, visit www.endeavorhealth.org.  

When you work for Endeavor Health, you will be part of an organization that encourages its employees to achieve career goals and maximize their professional potential.

Please explore our website (www.endeavorhealth.org) to better understand how Endeavor Health delivers on its mission to “help everyone in our communities be their best”. 

Endeavor Health is committed to working with and providing reasonable accommodation to individuals with disabilities. Please refer to the main career page for more information.

Diversity, equity and inclusion is at the core of who we are; being there for our patients and each other with compassion, respect and empathy. We believe that our strength resides in our differences and in connecting our best to provide community-connected healthcare for all.

EOE: Race/Color/Sex/Sexual Orientation/ Gender Identity/Religion/National Origin/Disability/Vets, VEVRRA Federal Contractor. 

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