Sales Compensation & Commission Analyst II

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Logo of USAble Life

USAble Life

501 - 1000 employees

Founded 2005

⚕️ Healthcare Insurance

🤝 B2B

Healthcare Insurance • B2B

USAble Life is a U. S. -based insurance company that provides group and supplemental life and disability insurance products for employers, brokers, individuals, and families. The company offers group term life, accidental death and dismemberment (AD&D), long- and short-term disability, paid family and medical leave, and supplemental accident, critical illness, and hospital indemnity plans, and it provides online enrollment and claims tools (AccessAble) to support benefits administrators and members.

📋 Description

• Responsible for the development, analysis, reporting and administration of the organization's sales compensation and commission programs. • Contributes to the design and development of sales compensation and commission plans that support the organization's sales positions. • Responsible for maintaining and updating sales compensation and/or commission program applications, systems, and/or databases. • Follows corporate audit guidelines to ensure accuracy and efficiency in the processing of system hierarchy and/or commission changes and preparation of commission and/or compensation statements and files. • Monitors the sales compensation and commission payout processes, ensuring that calculations are correct, and payments are submitted for processing within specified timelines. • Acts as a liaison between the company and customer to respond to inquiries and resolve issues related to sales compensation and commissions. • Performs complex data modeling to analyze the design and effectiveness of current sales compensation and commission programs, identify trends, patterns and opportunities for improvement. • Present information to stakeholders at all levels of the organization. • Analyzes data to prepare and distribute reports on commissions, bonuses, sales compensation, and Form 5500 Schedule A information, including financial accruals. • Ensures documentation and procedures are updated and maintained. • Responsible for providing onboarding training to new employees and delivers training to communicate and explain sales compensation and commission programs. • Ensures that all compensation-related activities are in compliance with applicable regulations and standards. • Participates in various sales compensation and commission related projects.

🎯 Requirements

• Bachelor's degree in Business Administration, Finance, Accounting, Economics, related field, or equivalent related experience • 2+ years of progressive relevant work experience • Sales compensation or commission plan administration is strongly preferred; flexible equivalent backgrounds considered would be: Financial analysis, compensation analysis, payroll with variable pay, Sales/Revenue Operations, business/data analysis with strong financial or incentive modeling, and accounting or audit experience with a focus on reconciliation and controls • Analytical skills with the ability to collect, organize, analyze and manipulate large datasets with attention to detail and accuracy • Excellent communication and interpersonal skills with the ability to present complex data to stakeholders at all levels of the organization • Adherence to ethical standards and the ability to maintain confidentiality when handling sensitive compensation information • Problem-solving skills with ability to analyze compensation issues, propose solutions, and make recommendations for improvements • Advanced Excel skills, including formulas, pivot tables, VLOOKUP with aptitude for learning other analytical tools • Knowledge of database applications

🏖️ Benefits

• A culture that values employees and celebrates, empowers, and inspires a diverse workforce • 11 paid holidays • 401(k) with up to 6% match; fully vested from day 1 • Remote opportunities with company-provided equipment • Team-oriented, collaborative group of peers • Career advancement opportunities • Leadership Mentoring program • Tuition Reimbursement • Employee Assistance Program • Inclusion Council and Employee Resource Groups • Recharge Days and Volunteer Time Off

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