Incentive Compensation Analyst

Insulet Corporation; London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A medical device company in London seeks an Incentive Compensation Analyst to develop and administer compensatory programs that align with corporate strategy. The role demands collaboration with various teams and strong analytical abilities, offering a chance to impact sales effectiveness significantly. Candidates should possess a relevant bachelor's degree and experience in sales operations or incentive compensation.

Qualifications

• Experience in incentive compensation, sales operations, or commercial analytics.
• Proficient in incentive compensation and SPM tools.
• Experience working with cross-functional teams.

Responsibilities

• Design and communicate incentive compensation plans.
• Set data-driven sales quotas using performance trends.
• Manage accurate calculation of incentive payouts.

Skills

Detail-oriented

Strategic thinking

Collaborative teamwork

Effective communication

Analytical problem-solving

Education

Bachelor’s degree in business, finance, economics, or related field

Tools

Excel (advanced)

Power BI

Basic VBA skills

Job description

Incentive Compensation Analyst page is loaded

Incentive Compensation Analyst

Apply locations GB - United Kingdom (London - Office) time type Full time posted on Posted Yesterday job requisition id REQ-2025-580

"Position Overview

As an Incentive Compensation Analyst, you play a critical role in driving sales force performance by designing, analyzing, and administering fair and strategically aligned incentive compensation programs. This role directly supports business goals by linking corporate strategy to compensation metrics, supporting quota setting, calculating incentive payouts, and delivering actionable insights to commercial stakeholders. Through continuous improvement, strong analytical capabilities, and cross-functional collaboration, the Incentive Compensation Analyst helps optimize sales effectiveness and engagement.

We’re looking for:
A detail-oriented analyst with experience in incentive compensation plans
A strategic thinker who can translate performance data into compensation insights that motivate behavior and drive growth
A collaborative team player who can work across commercial, data, and operations teams
An effective communicator who can clearly explain plan mechanics, quota methodologies, and payout processes to stakeholders at all levels
An analytical problem-solver who proactively identifies data issues, uncovers trends, and delivers actionable recommendations

Responsibilities
Design Incentive Compensation Plans
Design, validate, and communicate incentive compensation plans and special incentive programs (SPIFs, contests) aligned with role mandates and business objectives
Conduct modeling and scenario analysis to evaluate the impact of compensation plan changes
Monitor plan effectiveness and provide proactive reporting on IC effectiveness, sales results, and behavioral impact
Leverage Sales Performance Management (SPM) tools to drive automation, ensure accuracy, and strengthen documentation and controls around incentive compensation (IC)

Establish Sales Quotas
Set data-driven sales quotas using performance trends and forecasting models
Ensure quota methodologies align with sales strategy, market opportunity, and historical performance trends
Communicate quotas clearly to field sales with supporting rationale and data

Calculate and Administer Payouts
Manage the accurate and timely calculation of incentive payouts based on performance metrics defined in the compensation plans
Collaborate with legal, accounting, and audit to establish and maintain scalable processes to support audits
Support inquiry resolution by field teams regarding payout accuracy, performance metrics, and plan rules
Conduct regular audits and validations of compensation data to ensure compliance and integrity

Analyze and Optimize Compensation Performance
Conduct root cause analysis on compensation outcomes and develop recommendations to drive higher performance and ROI
Support automation and self-service reporting for commercial stakeholders using dashboards and training

Collaborate Cross-Functionally
Collaborate with sales, marketing, finance, and other sales ops resources to ensure transparency and alignment during the quota-setting process
Serve as a trusted advisor to business leaders by connecting data insights with compensation strategies
Support ad-hoc analysis and special projects related to commercial growth, plan design, or business process improvements

Education and Experience
Bachelor’s degree in business, finance, economics, data analytics, or a related field required
Experience in incentive compensation, sales operations, commercial analytics, or related roles
Experience in healthcare, life sciences, or commercial operations preferred
Experience working with cross-functional teams in a commercial or sales-driven environment
Experience with data tools such as Excel (advanced), Power BI, and basic VBA skills a plus

Skills and Competencies
Proficient in incentive compensation and SPM tools (e.g., IQVIA Incent, Anaplan)
Proficient in data storage, reporting, and analysis tools (Excel, Tableau, Salesforce) to analyze data and deliver insights that drive strategic decisions
Analytical mindset with the ability to connect market data to incentive compensation plans and identify optimization opportunities
Demonstrated ability to support data-driven decision-making through structured analysis and modeling
Problem-solving skills to anticipate execution issues in the field and collaborate cross-functionally to resolve them
Cross-functional collaboration skills to ensure alignment with sales leaders, operations teams, and data strategy groups
Flexible and capable of managing multiple priorities in a dynamic environment
Strong communication and visualization skills to translate complex data into clear, actionable recommendations

Physical Requirements
Travel requirements: Limited travel may be required, once or twice a year on average."

Insulet Corporation (NASDAQ: PODD), headquartered in Massachusetts, is an innovative medical device company dedicated to simplifying life for people with diabetes and other conditions through its Omnipod product platform. The Omnipod Insulin Management System provides a unique alternative to traditional insulin delivery methods. With its simple, wearable design, the tubeless disposable Pod provides up to three days of non-stop insulin delivery, without the need to see or handle a needle. Insulet’s flagship innovation, the Omnipod 5 Automated Insulin Delivery System, integrates with a continuous glucose monitor to manage blood sugar with no multiple daily injections, zero fingersticks, and can be controlled by a compatible personal smartphone in the U.S. or by the Omnipod 5 Controller. Insulet also leverages the unique design of its Pod by tailoring its Omnipod technology platform for the delivery of non-insulin subcutaneous drugs across other therapeutic areas. For more information, please visit insulet.com and omnipod.com.

We are looking for highly motivated, performance-driven individuals to be a part of our expanding team. We do this by hiring amazing people guided by shared values who exceed customer expectations. Our continued success depends on it!

Please read our Privacy Notice to learn how Insulet handles your personal information when you apply for a vacancy with us here .

About Insulet

Insulet Corporation is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Insulet employees are all focused on the same goal — to make a difference. Our relentless passion is to simplify life for people with diabetes. We excite and empower employees to bring their best selves to work through a culture that supports a healthy work and life balance. We set the bar high to meet customer needs, and our priority is to ensure our employees are equipped and supported to help us get there. We foster and celebrate curiosity, innovation, and learning. Our teams work collaboratively and are empowered to drive the best actions for our customers. Our innovation spirit and customer-centric focus position us as global pioneers — leading the way to improve health outcomes with revolutionary medical devices while breaking down barriers to access.