Senior Incentive Compensation Professional

Profile

Description

The Senior Incentive Compensation Professional oversees the ongoing administration of calculating and paying sales commissions. The Senior Incentive Compensation Professional work assignments involve moderately complex to complex issues where the analysis of situations or data requires an in-depth evaluation of variable factors.

Responsibilities

The Senior Incentive Compensation Professional will be responsible for the following:

Administration of sales and targeted incentive plans

Must understand the business operation models for all lines of business

Become the SME of the incentive plans (i.e., 150 comp plans for nearly 6k associates)

Have the ability to review and understand compensation data

Strong communication skills - must be able to communicate and tailor messages based on the audience (i.e., Sales Operations, Sales Leaders, Sales Associates, IT, Data Owners, etc.. )

Perform user acceptance testing on incentive applications

Triage 2 Support for all Compensation inquires

Quick learner - ability to learn the core compensation processes and answer questions from associates

Data Analysis

Must have the ability to analyze data, identify trends and inputs and determine appropriate solution/conclusion

Supports identification and prioritization of additional data needs beyond what are currently available, creates requests for data expansion within automated data sources, and helps develop reporting/data requirements to drive timely and accurate incentive compensation dispute resolutions

Presentation Preparation

Assist with creating VP presentations (i.e., how are plans preforming, what were the outcomes of pay planning, etc..)

Enterprise auditing

Conduct audits for all core compensation process (incentive and non-incentive activities)

Identify outliers, root cause and solutions

Process Improvement

A key responsibility of this position is to identify any improvement opportunities in this area and contribute to the design and implementation of new or enhanced processes or procedures as a result of identifying improvement opportunities.

Required Qualifications

Bachelor's degree in business, finance, economics, accounting or equivalent experience

A minimum of 4 years of experience in a relevant analytical field

Proven process improvement experience

Advanced Microsoft Office skills, especially in Excel and Access

Preferred Qualifications

Advanced degree

Proficient in Excel and Access to conduct data analysis

SOX experience

Extremely organized with excellent time management

People Leadership

Additional Information

This position can be work-at-home/remote or agile.

Scheduled Weekly Hours

40

Company info

Humana Inc.
Website : http://www.humana.com