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Incentive Compensation Analyst

United Kingdom, City of London · Job Posted February 14, 2026
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Job Description

Assist in shaping the future of healthcare with this business analyst position working for a dedicated medical devices company! Proclinical is recruiting for a dedicated and experienced Analyst for this pivotal role in improving sales force performance. In this role, you will create, analyse, and administer programs that align with business objectives as well as provide actionable insights to stakeholders, ensuring the effectiveness of compensation plans and driving sales engagement. This position requires strong analytical skills, cross-functional collaboration, and a proactive approach to problem-solving.

Job Responsibility

  • Create and confirm compensation plans, including special programs and contests, aligned with business goals
  • Conduct modeling and scenario analysis to assess the impact of plan changes
  • Monitor and report on the effectiveness of compensation plans and their influence on sales behavior
  • Utilize Sales Performance Management (SPM) tools to automate processes and ensure accuracy
  • Establish data-driven sales quotas using performance trends and forecasting models
  • Clearly communicate quotas to sales teams with supporting data and rationale
  • Accurately calculate and administer incentive payouts based on defined performance metrics
  • Collaborate with legal, accounting, and audit teams to maintain scalable and compliant processes
  • Conduct audits and validations of compensation data to ensure integrity
  • Analyze compensation outcomes and recommend strategies to improve performance and ROI
  • Develop dashboards and self-service reporting tools for stakeholders
  • Partner with sales, marketing, finance, and operations teams to ensure alignment during quota-setting and compensation planning
  • Provide ad-hoc analysis and support special projects related to commercial growth and process improvements

Requirements

  • Expertise in incentive compensation tools and data analysis tools
  • Strong analytical mindset with the ability to connect market data to compensation strategies
  • Previous working history in sales operations, incentive compensation, or commercial analytics
  • Knowledge of healthcare, life sciences, or commercial operations is preferred
  • Ability to manage multiple priorities in a dynamic environment
  • Excellent communication and visualization skills to present complex data clearly
  • Collaborative team player with problem-solving capabilities
  • Bachelor's degree in business, finance, economics, data analytics, or a related field

Nice to have

Knowledge of healthcare, life sciences, or commercial operations is preferred

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  • Provide leadership and ownership of advanced analytical support, performance reporting and field sales variable compensation calculations for the US/Canada Baxter sales forces
  • Partner across functions on the design and development of annual commission and contest plans
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Expiration Date
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  • Partner across functions to build and develop annual commission and contest plans
  • Conduct advanced analytics and manage databases for yearly quota allocations and monthly adjustments
  • Manage commission adjustments and customer alignments, calculate monthly commissions, and submit commission payouts to payroll
  • Coordinate the preparation and publication of monthly performance reporting packages
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  • Insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance
  • Employee Stock Purchase Plan (ESPP)
  • 401(k) Retirement Savings Plan (RSP)
  • Flexible Spending Accounts
  • Educational assistance programs
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  • Paid time off ranging from 20 to 35 days based on length of service
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Join Baxter Healthcare Corporation as a Sr. Incentive Compensation Analyst and c...
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Expiration Date
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  • Effective leadership and project management skills
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  • Advanced Excel abilities
  • Solid practical experience with Tableau, PowerPoint, and database management tools preferred
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  • Partner across functions to build and develop annual commission and contest plans
  • Conduct advanced analytics and manage databases for yearly quota allocations and monthly adjustments
  • Manage commission adjustments and customer alignments, calculate monthly commissions, and submit commission payouts to payroll
  • Coordinate the preparation and publication of monthly performance reporting packages
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  • basic life, accident, short-term and long-term disability, and business travel accident insurance
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  • 401(k) Retirement Savings Plan (RSP)
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Arrow Right

Sr. Incentive Compensation Analyst

Provide leadership and ownership of advanced analytical support, performance rep...
Location
Location
United States , Deerfield
Salary
Salary:
80000.00 - 110000.00 USD / Year
https://www.baxter.com/ Logo
Baxter
Expiration Date
Until further notice
Flip Icon
Requirements
Requirements
  • Effective leadership and project management skills
  • Strong analytical, modelling, and problem-solving skills are required
  • Advanced Excel skills
  • Strong working knowledge of Tableau, PowerPoint and database management tools desired
  • Demonstrates ownership and accountability for delivering timely and accurate results
  • Excellent verbal and written communication skills
  • Collaborative mind set
  • Attention to detail and strong organizational skills are essential
  • Dedication to meeting and/or exceeding expectations of internal and external customers
  • BA/BS required OR equivalent work experience
Job Responsibility
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  • Provide leadership and ownership of advanced analytical support, performance reporting and field sales variable compensation calculations for the US/Canada Baxter sales forces
  • Partner with sales leaders, finance, human resources, and incentive compensation (IC) leadership to design/develop annual compensation and contest plans in alignment with the business's strategic imperatives
  • Partner across functions on the design and development of annual commission and contest plans
  • Execute annual modelling for commission and overachievement rates
  • Manage commission adjustments and customer alignments, calculate monthly commissions, and submit commission payouts to payroll
  • Execute data mining and dashboard creation upon request
  • Execute monthly calculation and reporting of sales contest, awards, and sprints
  • Prepare and present yearend contest trip and awards performance for sales leadership approval
  • Execute payment approvals and coordinate adjustments to sales data
  • Provide just-in-time reporting for HR, Sales and/or Marketing related to owned sales team annual and historic sales performance reporting
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  • Medical coverage
  • Dental coverage
  • Basic life insurance
  • Accident insurance
  • Short-term and long-term disability insurance
  • Business travel accident insurance
  • Employee Stock Purchase Plan (ESPP)
  • 401(k) Retirement Savings Plan (RSP) with employee contributions and company matching
  • Flexible Spending Accounts
  • Educational assistance programs
  • Fulltime
Read More
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