Senior Associate, Incentive Compensation
KMK Consulting View all jobs
- Vadodara, Gujarat
- Permanent
- Full-time
We are currently seeking an experienced Senior Incentive Compensation (IC) Associate. In this role, you will work closely with the client as a consultant to support all components of incentive compensation design and implementation. This role will use an understanding of corporate, product strategy and operational / compliance constraints to deliver the IC plan best drive desirable behaviour and produce performance. The associate also supports on all IC related ad hoc analytics and field reporting.Responsibilities:
- Collaborate with cross-functional teams for Goal Setting, IC design, and implementation of effective incentive compensation (IC) admin processes for the sales field, ensuring alignment with company goals and compliance with regulations.
- Utilize SQL and advanced Excel skills to analyze sales data, evaluate performance metrics, and generate insightful reports for sales operations and management.
- Assist in call planning and targeting strategies by leveraging data-driven insights and market intelligence to optimize sales force effectiveness.
- Stay up to date with industry trends and best practices in commercial operations, identifying opportunities for process improvements and implementing solutions.
- Bachelor's degree in a related field (Business, Life Sciences, etc.).
- Minimum of 3+ years of experience in commercial operations within the pharmaceutical industry, with a focus on IC design and operations or call plan and targeting.
- Strong proficiency in SQL, Python, and advanced Excel for data analysis and reporting purposes.
- Knowledge of call planning and targeting methodologies, utilizing data-driven insights to optimize sales force effectiveness.
- Sound understanding of IC plans and admin concepts, Goal Setting, and IC Health Check to support the client with Sales ops activities.
- Experience with sales force automation tools and systems.
- Good understanding of pharmaceutical industry regulations and compliance requirements.
- Excellent analytical and problem-solving skills with attention to detail.
- Effective communication and presentation skills.
- Proactive, highly motivated, and good work ethic.
- Strong organizational and project management abilities, with the ability to handle multiple priorities and meet deadlines.
- Proficiency in Tableau/ Power BI for data visualization and reporting.
- Experience with Alteryx for data blending and advanced analytics.