Associate Director,Incentive Compensation Job Boston area,Massachusetts USA,Business

Introduction to the role

The Associate Director, Incentive Compensation, Hematology/Nephrology will play a critical role in the success of Alexion’s Hem/Neph business and the Business Operations and Commercial Effectiveness organization! We are looking for someone who will be a critical business partner to US Hem/Neph and is accountable for leading and administering the end to end Incentive Compensation process for the Hem/Neph division. This role is responsible for being a strategic leader within the Business Operations and Commercial Effectiveness group, partnering with the necessary functional areas to optimize incentive programs.

Successful candidates will provide expert review, advice and counsel on Incentive Plan creation and administration, evaluation, and benchmarking.

Location:

Boston, MA (hybrid 3x a week)
Introduction to the role

What You’ll Do

Responsible for the strategic design and administration of field-based compensation programs for the US Hem/Neph business that recognize and reward employee performance and drive business results.
Performing complex research and analysis of rewards and incentive compensation programs in support of business objectives
Benchmarking Sales Incentive Plan designs and ensuring local market competitiveness.
Working with internal teams, and potentially outside vendors and consultants, to enhance data availability and incorporate such data into incentive plans.
Leading projects involving the development of innovative models, methodologies and approaches.
Creating presentation material for communications, training, and executive reviews. Managing the communication and training of incentive compensation plans.
Leading senior management and key collaborators (Business Operations and Commercial Effectiveness, HR, Legal, Finance, and other cross-functional team members) through the approval of incentive plans.
Performing quality control measures to ensure high level of accuracy
Managing field inquiries related to incentive compensation
Teaming with technology partners to define system business specifications and automate performance reporting and incentive calculations.
Providing ongoing monitoring and analysis of incentive plans.
Staying on top of federal and state government regulations impacting compensation programs.
Ensuring compliance with Alexion processes touching incentive compensation.

Requirements

Bachelor’s degree required (Business, Finance, Math, or related major is preferred)
Pharmaceutical industry experience, preferably in rare disease, required.
Analytics skills inclusive of advanced Microsoft Excel capabilities
Demonstrated understanding of various incentive compensation plans, including but not limited to commission, goal, and MBO or equivalent experience plan builds
Proven ability to communicate clearly, concisely, and effectively to express information in both written and oral context
Detail oriented, strong problem-solving skills with a sense of urgency
Ability to quickly establish relationships of trust and credibility with internal stakeholder-partners and to be seen as a partner to the business.
High level of attention to detail paired with the ability to effectively assess and diagnose business needs and develop impactful solutions.
In-depth critical thinking and creative problem-solving skills
Deep understanding of sales processes, methodologies, and procedures
The duties of this role are generally conducted…