Director, IA Sales Incentive Compensation
Job Location:
Bethesda, MD - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
Why Join GEICO
At GEICO we offer a rewarding career where your ambitions are met with endless possibilities.
Every day we honor our iconic brand by offering quality coverage to millions of customers and being there when they need us most. We thrive on relentless innovation to exceed our customers expectations while making a real impact on local communities nationwide.
Founded in 1936 GEICO is a member of the Berkshire Hathaway family of companies and one of the largest auto insurers in the United States. When you join our company we want you to feel valued supported and proud to work here. Thats why we offer the GEICO Pledge: Great Company Great Culture Great Rewards and Great Careers.
GEICO is seeking a Director IA Sales Incentive Compensation. This is a key member of the Sales Enablement team this leader ensures the IA incentive and rewards programarecompetitivemodernand compliant. They will collaborate with business partners such as productfinanceand field to make sure we are designing implementingmeasuringand administeringincentiveand rewards to the IA channel that drives productivityengagementand loyalty.
Essential Functions:
Builds a rewards and recognition team that manages IA design delivery and tracking of contingency agreements short- and long-term incentives and experiential rewards.
Leads the design implementation measurement and approval process foraboveincentive programs.
Provides innovative incentive compensation design recommendations and solutions that are aligned with business strategy challenging the status quo where necessary to arrive atoptimaloutcomes.
Conducts complex modeling and analysis on all aspects of incentive compensation design including building analytical tools to test incentive plan outputs under an array of business results drawing themes and trends from data analysis and conveying them to business product field and finance departments.
Leads incentive compensation related communications and change management processes.
Owns the end-to-end incentive compensation administration process including process improvements and enhancements.
Manages and developsa teamof incentive compensation administrative professionals.
Partners with other corporate areas to ensure full complianceofall IA incentive compensation programs (e.g.Accounting Tax and Legal).
Develops and delivers efficient and effective presentations to influence decision making and communicates information to management and partners.
Prepares department business plans staffingprojectionsand budgets.Requisitionssupplies and materials necessary for efficient operation.
Reviews plans and budgets periodically to achieve cost reduction where possible.
Must have the following education and experience:
5 years of incentive compensation design and administration experience including related team leadership
Experience with theselection implementation and execution of incentive compensation systems
Advanced Excelexpertiseand ability to create organize and manipulate large sets of data in complex Excel spreadsheets
Excellent verbal and written communication skills
Must have good interpersonal andclient-facingskills with HR Business Partners Managers and Senior Leadership
Bachelors orMastersdegree in a field related to Finance Business Management/Administration or HR Administration preferred
Annual Salary
$121975.00 - $229600.00The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate/ annual salary to be offered to the selected candidate. Factors include but are not limited to the scope and responsibilities of the role the selected candidates work experience education and training the work location as well as market and business considerations.
The GEICO Pledge:
Great Company:Protecting customers through lifes twists and turns with innovation and integrity.
Great Careers:Personalized development programs mentorship and certification assistance.
Great Culture:Inclusive and collaborative culture rooted in shared success.
Great Rewards:Competitive pay benefits and flexibility to support your well-being and future.
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race color religious creed national origin ancestry age gender pregnancy sexual orientation gender identity marital status familial status disability or genetic information in compliance with applicable federal state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and/or perform the essential functions of the job unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.
Required Experience:
Director
