At a Glance
- Tasks: Design and analyse incentive compensation plans to drive sales performance.
- Company: Insulet Corporation is an innovative medical device company focused on simplifying life for people with diabetes.
- Benefits: Enjoy a collaborative culture, flexible work-life balance, and opportunities for personal growth.
- Why this job: Join a passionate team making a real difference in healthcare with cutting-edge technology.
- Qualifications: Bachelor’s degree in business or related field; experience in incentive compensation preferred.
- Other info: Limited travel required; strong analytical and communication skills are essential.
The predicted salary is between 36000 - 60000 £ per year.
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.
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Incentive Compensation Analyst employer: Insulet Corporation
Contact Detail:
Insulet Corporation Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Incentive Compensation Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in incentive compensation and sales performance management. Understanding current best practices will not only help you in interviews but also demonstrate your commitment to staying updated in this field.
✨Tip Number 2
Network with professionals in the industry, especially those who work in sales operations or compensation analysis. Engaging with them on platforms like LinkedIn can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Prepare to discuss specific examples of how you've used data analysis to drive business decisions in previous roles. Being able to articulate your analytical skills and their impact on sales performance will set you apart.
✨Tip Number 4
Showcase your proficiency with tools like Excel, Power BI, and any SPM software you’ve used. Consider creating a portfolio of projects or analyses that highlight your skills, as this can be a great conversation starter during interviews.
We think you need these skills to ace Incentive Compensation Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in incentive compensation and sales operations. Use specific examples that demonstrate your analytical skills and ability to collaborate across teams.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the role of Incentive Compensation Analyst. Mention how your background aligns with the responsibilities outlined in the job description, particularly your experience with data analysis and compensation plans.
Showcase Analytical Skills: Provide examples of how you've used data tools like Excel or Power BI in previous roles. Highlight any specific projects where your analysis led to improved performance or strategic decisions.
Prepare for Potential Questions: Think about how you would explain complex compensation mechanics to stakeholders. Be ready to discuss your problem-solving approach and how you’ve collaborated with cross-functional teams in the past.
How to prepare for a job interview at Insulet Corporation
✨Understand the Role
Make sure you have a solid grasp of what an Incentive Compensation Analyst does. Familiarise yourself with incentive compensation plans, quota setting, and how these elements drive sales performance. This will help you answer questions confidently and demonstrate your knowledge.
✨Showcase Analytical Skills
Prepare to discuss your analytical capabilities. Be ready to provide examples of how you've used data to inform decisions or improve processes in previous roles. Highlight any experience with tools like Excel, Power BI, or other data analysis software.
✨Communicate Clearly
As an Incentive Compensation Analyst, you'll need to explain complex concepts to various stakeholders. Practice articulating your thoughts clearly and concisely. Consider preparing a few key points about how you would communicate plan mechanics and quota methodologies.
✨Demonstrate Collaboration
This role requires working across different teams. Be prepared to share examples of how you've successfully collaborated with others in past positions. Emphasise your ability to connect insights with business strategies and how you can be a trusted advisor to leaders.