Compensation Analyst

WHAT WE'RE LOOKING FOR

The Compensation Analyst evaluates and analyzes commission data for accuracy and completeness. The person in this position is responsible for calculating compensation and incentive award payments of sales and eligible support associates based on compensation plan and incentive program provisions. This position performs activities needed for the implementation, calculation, tracking and reporting for commission and incentive programs, plans and policies.

A GLIMPSE INTO YOUR DAY

• Calculates commission/incentive award payments for production and eligible support associates based on commission and incentive plan provisions.
• Runs and analyzes commission reporting from various sources, validates data and researches all exceptions.
• Leads support activities needed for the implementation, communication and administration of sales commission or incentive programs, plans and policies.
• Reviews commission payment reports for accuracy and completeness.
• Analyzes sales performance results, prepares commission statements, presentations and recommendations for sales and/or finance management.
• Uses spreadsheets, internal systems or dedicated computer programs to gather data for payment calculation or analysis.
• Ensures accuracy and timeliness of commission payments as outlined in the plan.
• Resolves reconciliation issues related to commission data and/or compensation payouts.
• Contributes to the development or improvement of systems to effectively track or capture data.
• Performs cost and/or trend analysis or modeling of alternative commission/incentive plan design or quota levels.
• Assists in other accounting or financial projects as communicated by the manager. May consist of data management, information gathering, operational or financial analysis, etc.
• Partners with Sales & Finance Leadership in the development and/or redesign of commission plans.
• Performs other projects, duties, and tasks, as assigned.

WHAT SUCCESS LOOKS LIKE IN THIS ROLE

• 4-year degree in Finance, Accounting, or Business Administration or equivalent work experience.
• Working knowledge of accounting principles.
• Knowledgeable of US regulatory pay requirements.
• 3+ years' experience in financial or data analysis, sales compensation and commissions calculations is preferable.
• Experience using AMS 360, Salesforce, or related software a plus.
• Excellent analytical and mathematical skills.
• Excellent verbal and written communication.
• Must have high level of interpersonal skills to handle sensitive and confidential situations.
• Advanced user in Microsoft Office Suite, particularly Excel.
• Advanced knowledge of pivot tables and complex formulas.
• Requires consistent attention to detail.
• Excellent problem solving, relationship management and critical thinking skills and the ability to prioritize multiple projects, meetings and deadlines.
• Ability to lead and train others on various accounting related concepts, programs and tools.
• Ability to consistently meet strict deadlines, prioritize, and multiple tasks in a demanding work environment.
• Willingness to adhere to all principles of confidentiality.
• Ability to work independently and on a team.

WHY CHOOSE RELATION?

• Competitive pay.
• A safe and healthy work environment provided by our robust benefit program including family health and wellness programs, 401K, employee assistance programs, paid time off, paid holidays and more.
• Career advancement and development opportunities.

Note: The above is not all encompassing of the full position description.

Relation Insurance Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Relation, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is presented within this posting.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

$85,000.00 - $103,000.00