Senior Analyst, Incentive Compensation

Teva PharmaceuticalsParsippany-Troy Hills, NJ
Onsite

About The Position

The Senior Analyst, Incentive Compensation will provide analytical support for the design, implementation, evaluation, and reporting of incentive compensation plans, including the development and deployment of sales goals and quotas. This role involves delivering monthly/quarterly results and ranking reports to management and field sales teams, while addressing inquiries as needed. The Analyst will collaborate with key stakeholders to streamline workflows, ensure proper data integration, and establish best practices for managing incentive compensation processes in-house. Additionally, the role will focus on improving the efficiency, accuracy, and scalability of incentive compensation functions through the development of internal processes and tools and will provide training and support to internal teams on new systems, processes, and data management practices.

Requirements

  • Bachelor's degree in business/engineering/data science or a STEM related discipline
  • Minimum 2 years of Pharmaceutical Sales Operations, Sales Planning, Sales Administration, Pharmaceutical Marketing, or similar experience in a Corporate or Line of Business function
  • Must have at least 2 years of hands-on using Python & SQL
  • 1+ year of financial/operational analytical experience
  • Strong proficiency in Microsoft Excel (advanced functions such as pivot tables, v-lookups, etc.)
  • Hands-on experience with Python and SQL is a must
  • Strong analysis/quantitative skills and the ability to translate analysis into actionable tasks
  • Develop mathematical/financial models to solve complex analytical challenges and optimize incentive compensation structures
  • Work effectively across functions as a team player to achieve common goals without hierarchy, politics or self-interest

Responsibilities

  • Provides management and field sales teams with monthly/quarterly results information, including ranking reports; answers inquiries from the field as needed
  • Collaborate with key stakeholders to streamline workflows, ensure proper data integration, and establish best practices for managing incentive compensation processes in-house
  • Help develop internal processes and tools to improve the efficiency, accuracy, and scalability of incentive compensation functions
  • Provide training and support to internal teams on new systems, processes, and data management practices related to incentive compensation
  • Analytical support of the design, implementation, evaluation, and reporting of incentive compensation plans, reports, and results including development and deployment of goals/quotas; identifies and leverages opportunities to enhance planning and reporting processes

Benefits

  • Generous annual leave
  • Reward plans
  • Flexible working schedules (dependent on role)
  • Access to tailored health support
  • Meaningful ways to give back to the community
  • Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls
  • Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan
  • Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays
  • Life and Disability Protection: Company paid Life and Disability insurance
  • Employee Assistance Program
  • Employee Stock Purchase Plan
  • Tuition Assistance
  • Flexible Spending Accounts
  • Health Savings Account
  • Life Style Spending Account
  • Volunteer Time Off
  • Paid Parental Leave, if eligible
  • Family Building Benefits
  • Virtual Physical Therapy
  • Accident, Critical Illness and Hospital Indemnity Insurances
  • Identity Theft Protection
  • Legal Plan
  • Voluntary Life Insurance and Long Term Disability
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