Director, IA Sales Incentive Compensation
GEICOAbout the role
Why Join GEICO?
At GEICO, we offer a rewarding career where your ambitions are met with endless possibilities.
Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive on relentless innovation to exceed our customers' expectations while making a real impact on local communities nationwide.
Founded in 1936, GEICO is a member of the Berkshire Hathaway family of companies and one of the largest auto insurers in the United States. When you join our company, we want you to feel valued, supported, and proud to work here. That's why we offer the GEICO Pledge: Great Company, Great Culture, Great Rewards, and Great Careers.
GEICO is seeking a Director, IA Sales Incentive Compensation. This is a key member of the Sales Enablement team, this leader ensures the IA incentive and rewards program are competitive, modern and compliant. They will collaborate with business partners such as product, finance and field to make sure we are designing, implementing, measuring and administering incentive and rewards to the IA channel that drives productivity, engagement and loyalty.
Essential Functions:
Builds a rewards and recognition team that manages IA design, delivery and tracking of contingency agreements, short- and long-term incentives and experiential rewards.
Leads the design, implementation, measurement, and approval process for above incentive programs.
Provides innovative incentive compensation design recommendations and solutions that are aligned with business strategy, challenging the status quo where necessary to arrive at optimal outcomes.
Conducts complex modeling and analysis on all aspects of incentive compensation design including building analytical tools to test incentive plan outputs under an array of business results, drawing themes and trends from data analysis, and conveying them to business, product, field, and finance departments.
Leads incentive compensation related communications and change management processes.
Owns the end-to-end incentive compensation administration process, including process improvements and enhancements.
Manages and develops a team of incentive compensation administrative professionals.
Partners with other corporate areas to ensure full compliance of all IA incentive compensation programs (e.g. Accounting, Tax, and Legal).
Develops and delivers efficient and effective presentations to influence decision making and communicates information to management and partners.
Prepares department business plans, staffing projections and budgets. Requisitions supplies and materials necessary for efficient operation.
Reviews plans and budgets periodically to achieve cost reduction where possible.
Must have the following education and experience:
5+ years of incentive compensation design and administration experience including related team leadership
Experience with the selection, implementation, and execution of incentive compensation systems
Advanced Excel expertise and abi
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