Sales Compensation Strategist

Job description

The Sales Compensation Strategist is responsible for managing and administering Sales Incentive Compensation plans across Chubb Workplace Benefits distribution channels. This position leads compensation plan design, modeling, reporting, process improvement, automation, bonus plan administration, and debt management strategy (including advance rates and bonus debt recoupment). Responsibilities: Compensation Plan Design & Modeling - Lead annual sales incentive compensation design for the Chubb Workplace Benefits distribution channels. - Design, manage, and administer compensation plans for independent contractor and employee sales personnel, ensuring compliance and alignment with business objectives. - Develop and model compensation plan designs using advanced Excel techniques. - Analyze plan scenarios to forecast financial impact and optimize effectiveness. - Present modeling results and recommendations to sales leadership and finance. - Collaborate with sales leadership, finance, and HR to align plans with business goals. - Analyze market trends and benchmark data for competitive compensation structures. Plan Administration & Management: - Oversee monthly management of compensation...