Senior Sales Incentive Compensation Analyst

Reposted 25 Days Ago
Be an Early Applicant
2 Locations
In-Office
Senior level
Insurance
The Role
The Associate Director of Sales Compensation manages sales incentive programs, partnering with Sales Management and Finance to align compensation with organizational goals, while also collaborating on corporate compensation strategies and ensuring compliance with regulations.
Summary Generated by Built In

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

Skills Required

  • Bachelor's Degree
  • 6+ years of experience in compensation
  • At least 4 years focused on sales compensation
  • Financial Services experience
  • Advanced proficiency in Excel
  • Excellent written and verbal communication skills
  • Prior experience with Workday

Group 1001 Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Group 1001 and has not been reviewed or approved by Group 1001.

  • Fair & Transparent Compensation Pay is considered competitive for many specialized and senior roles, with employer-posted salary ranges providing clarity for candidates. Job postings indicate market-aligned compensation in several corporate, tech, and sales functions.
  • Leave & Time Off Breadth Time off is portrayed as generous, including paid holidays and multiple leave types alongside hybrid work options for eligible roles. Some positions also offer remote flexibility that supports overall work–life balance.
  • Retirement Support Retirement offerings include a 401(k) with company matching and are emphasized as a core part of total rewards. Certain postings reference immediate vesting, reinforcing attention to long-term savings.

Group 1001 Insights

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The Company
HQ: Zionsville, IN
184 Employees
Year Founded: 2013

What We Do

Group 1001 Insurance Holdings, LLC (“Group 1001”) is an insurance holding company in the United States, with current combined assets under management of approximately $57.5 billion as of June 30, 2022, and a mission for setting a new standard in the insurance industry by making insurance more useful and intuitive for everyone. Group 1001 is a long-standing, nimble, and tech-driven financial services enterprise established on deep industry expertise and reliable delivery of long-term value through empowering its customers, employees, and communities. Leveraging upon its record of building successful businesses and strong operating fundamentals, Group 1001 powers the next generation of insurance businesses with useful and intuitive solutions and products accessible to everyone. Group 1001 invests in strategic partnerships as part of our mission to transform communities through sports and education. Group 1001 and our subsidiaries have a strong commitment to service and community transformation. Education and sports initiatives, coupled with impactful partnerships, allow Group 1001 to improve lives through positive change in our communities. Learn more at Group1001.com.

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