Bonus Analyst

Job Description

Trupanion is a leading provider of medical insurance for cats and dogs in North America. Our mission is to help loving, responsible pet owners budget and care for their pets. At Trupanion, we offer a collaborative, casual, and pet-friendly environment where everyone is encouraged to be themselves.

Position Summary:

We are seeking a talented Bonus Analyst to join our team. This role is critical in ensuring the accurate calculation, administration, and monitoring of our bonus programs. The ideal candidate will have a strong analytical mindset, a keen eye for detail, and a solid understanding of financial principles.

This position is open to candidates in the Seattle area. You will have a hybrid remote/in-office schedule where you will work from our casual, pet-friendly office at least 3 days a week.

What you will do:

• Bonus Model Development and Maintenance:
  • Develop, implement, and maintain complex bonus models to align with business objectives and compensation strategies.
  • Collaborate with HR Business Partners and Finance to ensure models are accurate, consistent, and compliant with relevant regulations.
  • Regularly review and update models to reflect changes in business performance and compensation policies.
• Bonus Calculation and Administration:
  • Calculate and process bonuses for eligible employees, ensuring timely and accurate payments.
  • Verify data accuracy and identify and resolve discrepancies.
  • Prepare detailed reports and analysis on bonus payouts and trends.
• Bonus Plan Monitoring and Analysis:
  • Monitor the effectiveness of bonus plans and identify areas for improvement.
  • Analyze historical bonus data to identify trends and patterns.
  • Conduct regular audits to ensure compliance with bonus policies and procedures.
• Employee Communication and Education:
  • Develop clear and concise communication materials to explain bonus plans and eligibility criteria to employees.
  • Conduct training sessions and workshops to enhance employee understanding of bonus programs.
  • Address employee inquiries and concerns related to bonus calculations and payouts.
  • Utilize HRIS systems and other relevant tools to streamline bonus processes.

Experience you have:

• 2-3 years of experience in an analytical field
• Strong proficiency in Microsoft Excel
• Prior experience working with sensitive data

What you’ll bring:

• Strong organizational skills
• Knowledge of internal data auditing, and audit design
• An ability to communicate information across different audiences
• An interest in designing compensation programs that work for all stakeholders
• Strong attention to detail and commitment to accuracy
• Passion for helping our members and their pets

Compensation:

• The pay range for this position is $80,000 - $90,000, on a full-time schedule.
• Along with base salary, Trupanion employees may be eligible for monthly bonuses.
• We want all employees to be invested in Trupanion’s success, so we grant Restricted Stock Units to all new team members. Our new hire grants vest over 4 years.

#LI-ONSITE #BI-HYBRID

Additional Information

Benefits and Perks:

• Full medical, dental, and vision benefits at no cost to the employee
• Four weeks of paid time off and 9 paid float holidays (you can decide which days are most important to you!)
• Five-week sabbatical after five years of employment
• Open, casual, pet-friendly, and fun office environment
• Free medical health insurance for your pet (1 dog or cat)
• Paid time off to volunteer at nonprofit organizations
• Seattle Office Amenities: Free on-site gym, free dog walking services for office pets during business hours, free parking, and paid ORCA cards.

For more information about Trupanion, visit https://trupanion.com/about

Learn more about how Trupanion has revolutionized our industry and the reimbursement model: https://www.youtube.com/watch?v=vdWZ4KHiPTQ

Trupanion is an equal-opportunity employer and embraces diversity. We are committed to building a team that represents a variety of backgrounds, abilities, perspectives, and skills.

We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodations.