Jobs · Business Development · Iowa

Lead Sales Incentive Compensation Analyst

Transamerica · Cedar Rapids, IA · 2 mo ago
Business Development$86k–$100k/yrFull-time

About the role

Lead the design, governance, and execution of complex sales incentive compensation programs in partnership with Human Resources, Finance, Sales Leadership, and Operations. Serve as a subject-matter expert and strategic advisor on incentive plan design, execution, automation, and risk, while ensuring accurate, timely, and compliant compensation outcomes across sales organizations.

Responsibilities

  • Provide end-to-end ownership of sales incentive compensation programs, including plan design support, operational execution, governance, and ongoing optimization in partnership with Total Rewards.
  • Lead the monthly and periodic commission payment lifecycle, ensuring accuracy, auditability, and timely submission to Payroll while proactively managing risks and exceptions. Covers over 200 internal employee wholesalers on a monthly cycle.
  • Administer firm revenue sharing agreements with distribution partners, including calculation, reconciliation, and timely payment of millions of dollars in contractual payments, ensuring accuracy and compliance with contractual terms.
  • Serve as the primary escalation point for complex compensation issues, disputes, and interpretation of plan documents, exercising judgment and providing clear, defensible resolutions.
  • Drive automation, scalability, and process efficiency by defining technical requirements, partnering with Sales Operations and Sales Reporting, and influencing roadmap priorities.
  • Own data integrity and control frameworks supporting incentive compensation, ensuring consistency, quality, and governance of sales and payout data.
  • Lead plan revision cycles and policy enhancements, identifying opportunities to improve design effectiveness, operational efficiency, and employee understanding.
  • Draft, review, and validate incentive plan documents, ensuring clarity, compliance, and alignment with enterprise compensation philosophy.
  • Develop and deliver clear communications and training on compensation plans, mechanics, and policies for sales employees, managers, and leaders.
  • Mentor and provide informal leadership to junior analysts, sharing best practices and elevating team capability.

Qualifications

  • Bachelor’s degree in Finance, Accounting, Business Administration, or equivalent experience
  • Seven years of progressive experience in sales compensation, incentive administration, finance, accounting, or a related analytical role
  • Advanced understanding of sales incentive plans, compensation structures, contracts, and sales processes
  • Hands-on experience with Anaplan or other commission/incentive compensation systems
  • Demonstrated ability to analyze large, complex datasets and synthesize insights for decision-makers
  • Strong analytical, problem-solving, and critical-thinking skills applied to ambiguous or high-impact compensation issues
  • Prioritizing influence and partnership with senior stakeholders across Total Rewards, HR, Finance, Payroll, Sales Operations, and Sales Leadership
  • Exceptional attention to detail, judgment, and accountability in high-stakes financial processes
  • Advanced proficiency in Excel; working knowledge of Word and PowerPoint

Preferred Qualifications

  • Experience with compensation analytics, modeling, or payout forecasting
  • Exposure to compensation governance, audit support, or regulatory considerations
  • Prior experience acting as a lead analyst or subject-matter expert within a compensation function
  • Experience administering third-party revenue sharing or distribution fee agreements, preferably in asset management, insurance, or financial services

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