Compensation Analyst

1 month ago

Waterloo, Canada Sun Life Financial Full time

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

The Business Development Sales Compensation team is responsible for the administration of the Business Development Sales Incentive Plan (SIP), within Group Benefits.

Reporting to the Manager of Sales Compensation, the Compensation Analyst will join a team that is responsible for the calculation of all incentive payments, onboarding new employees to the program, and supporting the sales team with inquiries, reporting and tools.

The team partners with various areas such as HR, Finance, and GB Operations to obtain the necessary information in order to complete our end to end incentive payment process.

What will you do?

  • Accurately and precisely calculate monthly and quarterly sales incentive bonuses
  • Calculate Sales Recognition Conference points on a quarterly basis to determine who is on track to qualify for the Conference
  • Work with the Manager of Sales Compensation on quarterly earnings reporting
  • Onboard new sales staff with 1:1 training on their sales incentive plan to ensure they know the plan details, how it’s administered, and reporting available
  • Provide ongoing support in resolving calculation-related inquiries and exceptions with the sales teams
  • Maintain and enhance process documentation
  • Identify and participate in process improvement projects
  • Develop and maintain tools that support sales staff
  • Attend / present sales staff training sessions (joining Regional team meetings to present on compensation, help present to new hires at AE Academy)
  • Support the planning of the Sales Recognition Conference as required
  • Partner with HR and Finance on quarterly and annual reporting as requested
  • Support the Manager of Sales Compensation with modelling of potential plan changes

What you need to succeed?

  • Highly organized
  • Detail oriented
  • Computer and tech savvy
  • Excellent communication with professional demeanor and phone manner
  • Superb response to inquiries with the ability to question items and possessing an ongoing process improvement mindset
  • Ability to work both in a team environment and independently with little direction
  • Ability to maintain confidential information
  • Post-Secondary education or equivalent 3-5 years work experience
  • Strong mathematical, analytical, problem solving and financial modeling skills, with an eye for detail and accuracy
  • Ability to handle confidential information in a professional and discreet manner
  • Excellent written and oral communication
  • Ability to develop and maintain strong relationships with a customer focus
  • Excellent initiative to plan and manage work independently, including proactively solving problems and identifying ways to improve work processes and practices
  • Process driven, yet able to be resourceful and adaptable
  • Ability to deliver on commitments working independently to meet tight deadlines
  • Able to multi-task and adjust to shifting priorities, demands and timelines
  • Flexibility with hours to meet deadlines.

What’s in it for you?

  • Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives
  • A flexible, hybrid work environment with work location driven by Client and business needs
  • Competitive salary and bonus structure informed by market range data
  • Flexible Benefits from the day you join to meet the needs of you and your family
  • Fitness and wellness programs that help you balance work and life and enjoy a healthier lifestyle
  • Ongoing learning, training, and coaching to grow your career
  • We are honoured to be recognized as a 2022 Best Workplaces in Canada by Great Place to Work Canada

#LI-Hybrid

Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds.

Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.

At Sun Life, you can be your most brilliant self. Our supportive, flexible, and inclusive work environment is one where you – and your career – can thrive. Whatever your aspirations, collaborative leaders and colleagues are ready to help you learn, grow, and succeed.

We’re a global company with a passion for people. Our purpose is to help Clients achieve lifetime financial security and live healthier lives. As a team of 30,000 across 26 countries, our impact is far-reaching, and locally relevant. There’s power in numbers. As part of Sun Life’s growing team, you have an impact on people in your community and around the world.

Shape the future

With an optimistic eye on a brighter future, we drive to innovate. Be part of leading change, push boundaries and try new ways of working. Use data to drive bold actions. Be agile and pivot as we test and learn. At Sun Life, we’re driving transformation, sustainability and innovation for our Clients, employees, partners, and communities. Join us. Together, we can make the future brighter.

#J-18808-Ljbffr

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