Sr. Analyst, Sales Comp Admin
CVS HealthAbout the role
Bring your heart to CVS Health. Every one of us at CVS Health shares a single, clear purpose: Bringing our heart to every moment of your health. This purpose guides our commitment to deliver enhanced human-centric health care for a rapidly changing world. Anchored in our brand — with heart at its center — our purpose sends a personal message that how we deliver our services is just as important as what we deliver.
Our Heart At Work Behaviors™ support this purpose. We want everyone who works at CVS Health to feel empowered by the role they play in transforming our culture and accelerating our ability to innovate and deliver solutions to make health care more personal, convenient and affordable.
Position Summary:
As a Sales Comp Admin Senior Analyst, you will be part of the Enterprise Sales Compensation Administration team. In this role, you will be responsible for administering the sales incentive plans and issuance of the resulting bonus compensation payments in conformity with legal, regulatory, compliance and plan design parameters. You will be responsible for the timely and accurate delivery of the monthly/quarterly/annual payout cycles across all Caremark lines of business. This role allows you to develop positive working relationships with multiple areas, including sales leadership, sales incentive plan participants, FP&A, technical support, HR, and product business partners.
You will accomplish this by:
Validating participant’s eligibility for sales incentive compensation timely, accurately and within sales incentive plan design parameters
Validating sales incentive compensation files prior to final submission to the payroll application
Creating sales incentive compensation reporting for sales and sales compensation leaders to ensure disciplined budget adherence and sales team performance metrics; including, but not limited to providing the data required for SIP Design efficacy analysis
Communicating with business partners at all levels in a well-organized, concise, and logical manner
Using technology to optimize existing incentive compensation processes and procedures to streamline quarterly payment process
You will thrive in this role if you:
Are highly organized and have exceptional communications skills (written, verbal and listening)
Have experience with modifying existing process workflows and/or designing from start to completion
Have the technical savviness necessary to successfully model Specialty and PBM sales incentive compensation and sales compensation trends
Demonstrate strong quantitative and analytical skills
Demonstrate the ability to work on projects autonomously, with mentorship from team leaders
Demonstrate a strong sense of accountability and eagerness to learn as well as promote exceptional collaboration
Required Qualifications:
At least 3 years of relevant work experience
Advance Excel skills
Preferred Qualifications:
Microsoft Suite (PowerPoint, Word)
Ability to learn new software applications (e.g., Alteryx, Tableau)
Previous work experience in finance, accounting, teaching and/or science
Previous work experience in fast paced, fluid, and time-sensitive environments
Knowledge of system implementation processes and testing procedures
Creation of process workflow knowledge (e.g., Alteryx)
Tableau experience knowledge of system implementation processes
Knowledge of incentive compensation plans preferred
Familiarity with PBM or Health Insurance is a plus
Effective time management and prioritization skills
Excellent analytical, problem solving, and decision-making skills
Demonstrated flexibility, adaptability, and change management qualities
Ability to work independently and handle multiple tasks effectively
Ability to work collaboratively across multiple business verticals
Ability to handle multiple task assignments and work independently
Collaboration skills: work well across matrix organization
Education:
Bachelor’s Degree in finance, mathematics, engineer, accounting, or related field required; equivalent years of related professional work experience may substitute.
Anticipated Weekly Hours
40Time Type
Full timePay Range
The typical pay range for this role is:
$46,988.00 - $102,000.00This pay range represen
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