Group 1001

Senior Sales Incentive Compensation Analyst

Group 1001

full-time

Posted on:

Location Type: Hybrid

Location: Indianapolis • Massachusetts • United States

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Job Level

Senior

About the role

  • Design, administer, and maintain sales compensation plans for all sales compensation eligible employees
  • Model and analyze proposed plan design changes to ensure they drive the right behaviors and outcomes
  • Calculate and process monthly incentive payouts with accuracy and timeliness
  • Create annual sales compensation plan documents for all eligible employees, ensuring clarity and transparency
  • Deliver ongoing reporting and analysis to the sales management team, turning data into decisions
  • Maintain comprehensive documentation of all plan policies and procedures
  • Identify opportunities to streamline processes related to the administration of sales compensation plans
  • Partner with business leaders and HR colleagues to provide insight on organizational impacts to compensation programs due to ongoing and future business initiatives
  • Translate business needs into compensation solutions that balance competitiveness, internal equity, and budget considerations
  • Help lead the year-end compensation process for the organization
  • Support the design of variable pay programs, including annual bonuses and long-term incentives
  • Ensure compliance with FLSA, Equal Pay Act, and all applicable federal, state, and local regulations

Requirements

  • Bachelor's Degree required
  • 6+ years of experience in compensation, with at least 4 years focused on sales compensation
  • Financial Services experience is required, with insurance/annuities specialization preferred
  • Advanced proficiency in Excel (complex formulas, pivot tables, data modeling)
  • Strong quantitative and analytical abilities with attention to detail
  • Excellent written and verbal communication skills; ability to explain complex compensation concepts to diverse audiences, including leadership
  • Prior experience with Workday is preferred.
Benefits
  • Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package.
  • Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.
  • Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability.
  • All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.
  • Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
sales compensation plansincentive payoutsdata analysisExcelcomplex formulaspivot tablesdata modelingvariable pay programsannual bonuseslong-term incentives
Soft Skills
quantitative abilitiesanalytical abilitiesattention to detailwritten communicationverbal communicationexplain complex conceptscollaborationorganizational insightleadershipstreamlining processes