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Senior Compensation Incentive Design Professional

$94.9k - $130.5k

Humana

Job Summary The Senior Compensation Incentive Design Professional develops, implements, and administers incentive programs and supports a range of complex issues requiring in-depth evaluation of variable factors. The role involves guiding the incentive plan design, implementation, and assessment process as part of the Incentive Compensation team, creating and implementing incentive plans that drive results and help Humana attract and retain key talent. Responsibilities Lead the design of incentive plans to ensure competitiveness, equity and alignment with the company's business objectives and talent strategy. Conduct plan effectiveness evaluations and analyze incentive performance data on a quarterly basis for all plans supported. Assist with automation to streamline reporting and existing communication processes. Build forecasting and reporting models to assist Finance and Accounting with new design components. Work with internal compensation partners, evaluate and monitor pay positioning and target total cash levels through external benchmarking and internal talent strategy. Provide guidance to Compensation Leadership on plan design including pay mix, metrics, weights, and plan mechanics. Work with Comp Lead to partner with Finance. Partner with Finance and business leaders to ensure plans include line‑of‑sight business metrics and drive intended focus and behaviors to achieve financial objectives. Work collaboratively with finance and operations teams for the creation of cost modeling to evaluate plan scenarios. Monitor incentive compensation program outcomes. Implement compensation plan documents and incentive training programs for plan participants. Update plan documents, business rules, and other documentation with the latest compensation rules and guidelines. Establish processes that guarantee and/or strengthen compliance with legal requirements and mitigate risks. Manage communication strategy and execution to ensure plans and programs are well understood by the field organization to increase motivation and identify opportunities to simplify and standardize programs and processes. Qualifications Bachelor’s degree. Advanced Excel experience. Strong relationship building capability. 3 or more years of data analysis or analytics experience. 3 or more years of modeling experience. Previous project management experience, managing large scale projects and prioritizing. Organizational and detail oriented. Strong time management. Consistently seeking process improvements and implementations for elevating the organization. Must be passionate about contributing to an organization focused on continuously improving consumer experiences. Previous experience Power BI, Tableau, SQL, Varicent. Previous Healthcare Industry experience. Experience with Workday. Benefits Humana, Inc. and its affiliated subsidiaries (collectively, “Humana”) offers competitive benefits that support whole‑person well‑being. Associate benefits are designed to encourage personal wellness and smart healthcare decisions for you and your family while also knowing your life extends outside of work. Among our benefits, Humana provides medical, dental and vision benefits, 401(k) retirement savings plan, time off (including paid time off, company and personal holidays, volunteer time off, paid parental and caregiver leave), short‑term and long‑term disability, life insurance and many other opportunities. Compensation 40 hours weekly. $94,900 - $130,500 per year. Equal Opportunity Employer It is the policy of Humana not to discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, marital status, genetic information, disability or protected veteran status. It is also the policy of Humana to take affirmative action, in compliance with Section 503 of the Rehabilitation Act and VEVRAA, to employ and to advance in employment individuals with disability or protected veteran status, and to base all employment decisions only on valid job requirements. This policy shall apply to all employment actions, including but not limited to recruitment, hiring, upgrading, promotion, transfer, demotion, layoff, recall, termination, rates of pay or other forms of compensation and selection for training, including apprenticeship, at all levels of employment. Humana complies with all applicable federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex, sexual orientation, gender identity or religion. We also provide free language interpreter services. See our #J-18808-Ljbffr Humana

Vacancy posted 3 days ago
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