Senior Incentive Design Professional

Profile

Description

The Senior Compensation Professional develops, implements, and administers compensation programs. The Senior Compensation Professional work assignments involve moderately complex to complex issues where the analysis of situations or data requires an in-depth evaluation of variable factors.

Responsibilities

As a Senior Compensation Professional, you will guide and assist the incentive compensation, and rewards plan design, implementation and assessment process as part of the Incentive Compensation team. The successful candidate will utilize best practices in working with the Design Compensation Lead to create and implement incentive plans that drive results and help Humana attract and retain key talent in a number of roles within Humana aligned to incentive plans. This role will have responsibility to support plan governance by developing quarterly analytics and reports for business leaders.

Lead the design of incentive plans to ensure competitiveness, equity and alignment with the company's business objectives and talent strategy. Translate strategic objectives into market competitive programs to optimize business results while attracting, retaining and motivating top talent.

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.

Working 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.

Ensure plan documents, business rules and other documentation are updated with latest compensation rules and guidelines.

Establish processes that guarantee and/or strengthen compliance with legal requirements as well as 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.

Required Qualifications

Bachelor's degree

Advanced Excel experience

PowerPoint experience

Strong relationship building capability

3 or more years of incentive compensation design

Previous project management experience, managing large scale projects and prioritizing

Strong organizational skills 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

Preferred Qualifications

Previous experience Power BI, Tableau

Previous Healthcare Industry experience

Experience with Workday

3 or more years of modeling experience

Additional Information

Interview Format:

As part of our hiring process for this opportunity, we will be using an exciting interviewing technology called Modern Hire to enhance our hiring and decision-making ability. Modern Hire allows us to quickly connect and gain valuable information for you pertaining to your relevant skills and experience at a time that is best for your schedule.

If you are selected for a first round interview, you will receive an email correspondence inviting you to participate in a Modern Hire interview. In this interview, you will listen to a set of interview questions over your phone and you will provide recorded responses to each question. You should anticipate this interview to take about 15 minutes. Your recorded interview will be reviewed and you will subsequently be informed if you will be moving forward to next round of interviews.

Alert: Humana values personal identity protection. Please be aware that applicants selected for leader review may be asked to provide a social security number, if it is not already on file. When required, an email will be sent from Humana@myworkday.com with instructions to add the information into the application at Humana's secure website.

Scheduled Weekly Hours

40

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 https://www.humana.com/legal/accessibility-resources?source=Humana_Website.

Company info

Humana Inc.
Website : http://www.humana.com