Web Analytics Made Easy - Statcounter
Group 1001 logo

Senior Sales Incentive Compensation Analyst

Group 1001
1 day ago
Full-time
On-site
Indianapolis, Indiana, United States
Compensation Analyst

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.

Why This Role Matters:

If you're someone who sees compensation as more than math — it's a lever for behavior, performance, and culture, this may be for you.

We are looking for a Senior Sales Incentive Compensation Analyst to join our People & Culture team at Group 1001. 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.

How You’ll Contribute: 

Sales Compensation Strategy and Administration

  • 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 — because nothing erodes trust faster than a late or incorrect commission check
  • 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 — if there's a better way, you'll find it

Corporate Compensation Strategy and Administration

  • 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 — a high-stakes, high-visibility effort
  • 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

What You’ll Bring:

  • 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
  • Prior experience with Workday is preferred

Benefits Highlights:  

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.  Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.  Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

 

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

#LI-ST1