Incentive Compensation Senior Analyst

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

We’re looking for people who put their innovation to work to advance our success – and their own. Join an organization that ensures a more secure world through connecting and protecting our customers with inventive electrical solutions.

The Senior Incentive Compensation Analyst is responsible for managing and delivering accurate and timely incentive (bonus) award calculations, participant communications, and payments for a variety of incentive plan designs. This role is also responsible for nVent’s global employee recognition program, an important part of nVent’s employee experience.
 

This role is well-suited for an analytical, systems-focused professional with strong incentive compensation expertise and a passion for delivering clear, equitable, and well-governed programs at scale.

WHAT YOU WILL EXPERIENCE IN THIS POSITION:

• Leading end-to-end administration of incentive (bonus) plans and ensuring compliance with company policies and plan documentation.

• Ensuring programs follow approved plan documents, governance standards, and company policies.

• Building and maintaining workflows, rules, calculations, reporting, and analytics to meet business needs.

• Calculating and delivering incentive awards on time and accurately (monthly through annual), resolving exceptions as needed.

• Partnering with payroll teams to process payments accurately, on time, and in compliance with local requirements.

• Supporting plan develop development and analysis through strong data analysis and system expertise.

• Managing nVent’s global recognition program (Electrify powered by Workhuman), including vendor management, award management, reporting, and governance.

• Partnering with HR to align incentives and recognition with nVent’s culture, values, and talent strategy.

• Partnering with Finance to support forecasting, accruals, and reconciliations.

• Providing data-driven insights on plan performance, participant earnings, plan effectiveness, and recognition outcomes.

• Creating clear, accurate communications for participants, managers, and senior leaders.

• Responding to leader and participant inquiries with professionalism and strong communication and customer service skills.

• Maintaining process documentation and driving operational excellence through automation and continuous improvement.

YOU HAVE:

• Bachelor’s degree in Business, Finance, HR, or related field; advanced degree or relevant certification preferred.

• 7+ years of experience administering incentive or compensation plans, with extensive experience in the management of some Incentive Compensation Systems preferred (e.g., Xactly, BM Varicent, Cognos).

• Bilingual in Spanish and English required.

• Advanced proficiency in Excel and experience with reporting, dashboards, and data visualization tools.

• Strong analytical and problem-solving skills with a proven track record in managing complex calculations and large data sets using compensation systems.

• Experience supporting global or multi-country incentive programs strongly preferred.

• Ability to work cross-functionally with Sales, Finance, HR, Payroll, and IT.

• Highly-accountable self-starter, comfortable working fairly independently as well as displaying strong team collaboration o Highest levels of integrity with the ability to manage and maintain confidential and sensitive information.

WE HAVE:

• A dynamic global reach with diverse operations around the world that will stretch your abilities, provide plentiful career opportunities, and allow you to make an impact every day

  • nVent is a leading global provider of electrical connection and protection solutions. We believe our inventive electrical solutions enable safer systems and ensure a more secure world. We design, manufacture, market, install and service high performance products and solutions that connect and protect some of the world's most sensitive equipment, buildings and critical processes. We offer a comprehensive range of systems protection and electrical connections solutions across industry-leading brands that are recognized globally for quality, reliability and innovation.

  • Our principal office is in London and our management office in the United States is in Minneapolis. Our robust portfolio of leading electrical product brands dates back more than 100 years and includes nVent CADDY, ERICO, HOFFMAN, ILSCO, SCHROFF and TRACHTE. Learn more at www.nvent.com.

• Commitment to strengthen communities where our employees live and work

  • We encourage and support the philanthropic activities of our employees worldwide

  • Through our nVent in Action matching program, we provide funds to nonprofit and educational organizations where our employees volunteer or donate money

• Core values that shape our culture and drive us to deliver the best for our employees and our customers. We’re known for being:

  • Innovative & adaptable

  • Dedicated to absolute integrity

  • Focused on the customer first

  • Respectful and team oriented

  • Optimistic and energizing

  • Accountable for performance

• Benefits to support the lives of our employees

At nVent, we connect and protect our customers with inventive electrical solutions. People are our most valuable asset. Inclusion and diversity means that we celebrate and encourage each other’s authenticity because we understand that uniqueness sparks growth.