Senior Sales Incentive Compensation Analyst

Group 1001•Indianapolis, IN

About The Position

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees. This role will partner closely with the Sales Management and Strategy and Finance teams to ensure that the sales incentive programs support the organization’s sales goals and help maintain competitive positioning with the industry. This is a high-visibility, high-impact position where your work will be seen, felt, and celebrated by executives, sales leaders and teams across the organization. This is your opportunity to join a dynamic financial services organization where your expertise won't just support the business — it will shape how we attract, motivate, and retain the talent that drives our growth. You'll work alongside passionate, forward-thinking colleagues who value innovation, transparency, and impact.

Requirements

Bachelor's Degree required
6+ years of experience in compensation, with at least 4 years focused on sales compensation
Financial Services experience is required, with insurance/annuities specialization preferred
Advanced proficiency in Excel (complex formulas, pivot tables, data modeling)
Strong quantitative and analytical abilities with attention to detail
Excellent written and verbal communication skills; ability to explain complex compensation concepts to diverse audiences, including leadership

Nice To Haves

Prior experience with Workday is preferred

Responsibilities

Design, administer, and maintain sales compensation plans for all sales compensation eligible employees
Model and analyze proposed plan design changes to ensure they drive the right behaviors and outcomes
Calculate and process monthly incentive payouts with accuracy and timeliness
Create annual sales compensation plan documents for all eligible employees, ensuring clarity and transparency
Deliver ongoing reporting and analysis to the sales management team, turning data into decisions
Maintain comprehensive documentation of all plan policies and procedures
Identify opportunities to streamline processes related to the administration of sales compensation plans
Partner with business leaders and HR colleagues to provide insight on organizational impacts to compensation programs due to ongoing and future business initiatives
Translate business needs into compensation solutions that balance competitiveness, internal equity, and budget considerations
Partner with internal stakeholders on job architecture and career framework projects
Help lead the year-end compensation process for the organization
Support the design of variable pay programs, including annual bonuses and long-term incentives
Ensure compliance with FLSA, Equal Pay Act, and all applicable federal, state, and local regulations