Senior Compensation Analyst

Job Title: Senior Compensation Analyst

We are seeking a highly skilled Senior Compensation Analyst to join our team. As a key member of our compensation department, you will play a critical role in designing and implementing incentive compensation plans that drive business results.

The successful candidate will be responsible for building and running detailed plan and contest design and payout models, performing health check analyses to ensure fairness and effectiveness, and administering quarterly payout processes with high accuracy and transparency.

• Administer and implement approved incentive compensation plans across sales teams
• Translate business rules into calculation logic and ensure accurate implementation in IC systems
• Develop and maintain compensation models in Excel, SQL, or relevant platforms

Incentive Compensation Plan Execution:

• Administer and implement approved incentive compensation plans across sales teams
• Translate business rules into calculation logic and ensure accurate implementation in IC systems
• Develop and maintain compensation models in Excel, SQL, or relevant platforms

Data Management and Processing:

• Extract, transform, and validate large datasets (e.g., sales, territory alignments, performance metrics)
• Perform data quality checks to ensure accuracy and completeness
• Maintain historical compensation data for auditing and analytics

Compensation Calculation and Reporting:

• Calculate quarterly and annual payouts using standardized tools or IC platforms
• Generate and distribute individual payout statements and summary reports to sales leadership and finance
• Ensure compliance with corporate policies, audit requirements, and SOX controls

Operations and Support:

• Serve as a key contact for field inquiries related to compensation metrics, payouts, and plan interpretation
• Troubleshoot and resolve issues, escalating to management as needed

Documentation and Compliance:

• Maintain up-to-date documentation on compensation processes, logic, and governance
• Support audit requests by preparing backup and rationales for payments and exceptions

Performance Analytics and Insights:

• Provide analytical insights on compensation effectiveness, earnings distribution, and quota attainment trends
• Assist with territory and quota validation in partnership with sales leadership

Field Communication and Enablement:

• Prepare IC plan documents, FAQs, and communication decks to support field understanding and adoption
• Respond to field escalations with data-backed justifications and empathetic communication

Requirements:

• Master's degree & 4+ years of experience in Incentive Compensation
• Bachelor's degree & 6+ years of experience in Incentive Compensation

Preferred Qualifications:

• Relevant Bio/Pharmaceutical industry and/or consulting experience
• Execution-Focused Delivery: Own and execute day-to-day analytics tasks, reporting development, and field data operations with speed, accuracy, and minimal oversight
• Analytical and Problem-Solving Abilities: Strong analytical mindset with the ability to interpret large, complex datasets. Demonstrated ability to translate business rules into data logic and calculations. Proven track record of identifying errors, troubleshooting data, and resolving issues efficiently
• Attention to Detail and Accountability: High degree of accuracy and attention to detail, especially in preparing payment files and reports. Demonstrated ability to meet deadlines in a fast-paced, deadline-driven environment. Proven ability to maintain confidentiality and ensure data integrity
• Communication: Effective communication is key, both in writing and verbally. This includes the ability to present data and findings clearly to stakeholders and team members

Benefits:

As a valued member of our team, you can expect a competitive salary, comprehensive benefits package, and opportunities for growth and professional development.

Others:

We are an equal opportunity employer and welcome applications from diverse candidates. If you are a motivated and experienced compensation professional looking for a new challenge, we encourage you to apply.