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Lead Compensation Analyst

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Gallagher Re

16d ago

  • Job
    Full-time
    Senior Level
  • People, HR & Administration
    Business, Operations & Strategy
  • Rolling Meadows

AI generated summary

  • You need a bachelor's degree, 7 years of experience, strong Excel skills, sales compensation design experience, and excellent communication, analytical, and adaptability skills.
  • You will design and implement sales compensation plans, analyze data, lead projects, create communication materials, and consult with leaders on policies and training for program rollouts.

Requirements

  • Bachelors degree
  • Minimum 7 years related experience.
  • Strong communication and presentation skills.
  • Knowledge of Microsoft Word, Power Point, and expert knowledge of Excel.
  • Ability to prepare clear, concise, and complete analysis, proposals, presentations, reports and other written materials.
  • Experience in design of sales compensation plans
  • Ability to partner with all levels of employees, including executives
  • Strong analytical and quantitative skills
  • Strong communication/presentation skills
  • Ability to remain flexible and adapt to change

Responsibilities

  • Partners with division compensation specialist and business and HR leaders to provide expertise in the design and implementation of domestic and international sales compensation plans.
  • Serves as subject matter authority and consults on all aspects of sales compensation.
  • Performs complex analysis to ensure efficacy and appropriateness of incentive compensation programs.
  • Creates tools to drive efficiency, effectiveness, and consistency of variable compensation projects.
  • Leads complex compensation projects that involve high analytical skills.
  • Analyzes business data to understand potential sales plan metrics and models sales compensation plan scenarios.
  • Partners with divisional business and HR leaders to develop action plans and to create communication plans for the launch of new compensation plans.
  • Collaborates with Incentive Compensation Manager to build sales compensation policies and documents variable compensation policies to ensure alignment with market and best practices.
  • Presents sales compensation reviews and recommendations to management and builds sales compensation reviews for compensation committee/board.
  • Consults with divisional business and HR leaders to develop training, presentation, and other materials for sales compensation program rollouts.
  • Position may be responsible for building business cases for sales compensation technology tools and assisting in any related procurement and implementation.

FAQs

What is the role of the Lead Compensation Analyst at Gallagher?

The Lead Compensation Analyst will be responsible for collecting, analyzing, and summarizing human capital data and compensation information to assist in making people-related decisions. This role involves partnering in the development, consultation, and implementation of compensation programs to attract, retain, motivate, and develop employees.

Who does the Lead Compensation Analyst report to?

The Lead Compensation Analyst reports to the Incentive Compensation Manager.

What experience is required for this position?

A minimum of 7 years of related experience is required for the Lead Compensation Analyst position.

Is a specific degree required for this job?

Yes, a Bachelor's degree is required for this position.

What technical skills are necessary for this role?

The role requires knowledge of Microsoft Word, PowerPoint, and expert knowledge of Excel, as well as strong analytical and quantitative skills.

What are the primary responsibilities of the Lead Compensation Analyst?

Responsibilities include partnering with division compensation specialists, analyzing business data, leading complex compensation projects, consulting on sales compensation, creating communication plans, and presenting compensation reviews to management.

Are there opportunities for career growth at Gallagher?

Yes, Gallagher offers exciting career opportunities and encourages growth within the company.

What types of benefits does Gallagher provide?

Gallagher offers a wide range of benefits including medical/dental/vision plans, life and accident insurance, 401(K) and Roth options, educational expense reimbursement, paid parental leave, and more.

Is there a focus on inclusion and diversity at Gallagher?

Yes, inclusion and diversity are core components of Gallagher’s business philosophy, and they strive to support a diverse workplace.

Will the Lead Compensation Analyst have the opportunity to work with executives?

Yes, the Lead Compensation Analyst will partner with all levels of employees, including executives.

Are there training programs available for employees?

Yes, Gallagher offers training programs as part of their benefits.

Does Gallagher accommodate employees with disabilities?

Yes, Gallagher will make reasonable accommodations for individuals with disabilities unless it would impose an undue hardship on the operation of the business.

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Gallagher Re

Finance
Industry
10,001+
Employees

Mission & Purpose

The reinsurance landscape is evolving. To compete in a global marketplace, our clients and carriers demand scale and breadth. And we’re rising to meet the challenges ahead. As we welcome Willis Re to the Gallagher Re team, we look forward to driving greater value by combining the knowledge and expertise of our two organisations. The new Gallagher Re is more than just bigger. It’s smarter, faster, and stronger. At Gallagher Re, client advocacy is at the heart of everything we do. We are here to help you face your future with confidence.