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Incentive Compensation Analyst

5+ years
Not Disclosed
10 Dec. 5, 2024
Job Description
Job Type: Full Time Education: BBA/MBA/B.Sc./M.Sc./B.Pharm/M.Pharm/Life science Skills: Causality Assessment, Clinical SAS Programming, Communication Skills, CPC Certified, GCP guidelines, ICD-10 CM Codes, CPT-Codes, HCPCS Codes, ICD-10 CM, CPT, HCPCS Coding, ICH guidelines, ICSR Case Processing, Interpersonal Skill, Labelling Assessment, MedDRA Coding, Medical Billing, Medical Coding, Medical Terminology, Narrative Writing, Research & Development, Technical Skill, Triage of ICSRs, WHO DD Coding

Incentive Compensation Analyst

Position Overview

As an Incentive Compensation (IC) Analyst at Syneos Health, you will play a pivotal role in designing, analyzing, and administering incentive compensation programs. This position involves data analysis, quality control, reporting, and collaboration with cross-functional teams to ensure the seamless execution of IC processes. The role is essential for driving employee engagement through clear and accurate incentive compensation structures.


Key Responsibilities

  • Incentive Compensation Reporting:

    • Implement and maintain programs that track and report on the achievement of employee objectives and goals tied to incentive compensation and bonus programs.

  • Data Analysis and Reporting:

    • Analyze data, validate reports against plan specifications, and create projections regarding plan performance and potential improvements.

    • Utilize advanced tools like Power BI and Microsoft Excel for report generation, including VBA and Power Pivot reports.

  • Process Management:

    • Provide back-office support for IC services from project initiation to closure, including requirement gathering, timeline development, and quality control of deliverables.

    • Maintain detailed project documentation and administrative records.

  • Collaboration and Consultation:

    • Function as an internal consultant to address compensation-related queries and resolve issues.

    • Coordinate with IC Management and other team members to monitor and review performance metrics.

  • Quality Control:

    • Ensure the accuracy and quality of all IC deliverables through rigorous validation processes.


Essential Requirements

  • Education:

    • Bachelor’s degree in human resources, computer science, finance/accounting, or a business-related field.

  • Experience:

    • Minimum of 5 years of progressively responsible professional experience in incentive compensation, preferably in the pharmaceutical or healthcare industry.

    • Demonstrated IC reporting experience.

  • Technical Skills:

    • Advanced proficiency in Power BI and Microsoft Excel, including VBA, complex formulas, pivot tables, and Power Pivot reports.

    • Strong understanding of data processing and report generation tools.


Desired Requirements

  • Education:

    • Master’s degree in a directly related field.

  • Skills:

    • Proficiency with Microsoft Office applications (Access, Word, PowerPoint, Outlook).

    • Ability to create professional summaries, tables, and visualizations.

    • Knowledge of the cross-departmental impacts of compensation decisions.


Why Syneos Health?

  • Impactful Work: Contribute to solving complex commercialization challenges for leading healthcare companies, driving therapies to market faster.

  • Career Development: Access diverse career paths, mentorship opportunities, and training to enhance your professional growth.

  • Inclusive Culture: Join a company committed to diversity, equity, and inclusion, where your authentic self is celebrated.

  • Work-Life Balance: Enjoy a competitive compensation package, comprehensive health benefits, and flexible paid time off policies.


Location: Remote, India
Updated: December 3, 2024
Job ID: 5379

Apply Now to leverage your skills in incentive compensation and analytics, driving impactful outcomes for employees and patients worldwide.