Website Cigna
Job Description:
Responsible for participating in the design, development, and administration of Sales Incentive Compensation programs for the Cigna Group Insurance business functions. Ensure that Sales Incentive Compensation programs reflect the company’s rewards philosophy and supports the business strategic objectives. Oversee end-to-end activities in support of sales incentive compensation programs, including governance/compliance oversight, financial modeling/reporting, and customer inquiries/counsel. Provides thought leadership and technical expertise across multiple business functions, including Sales, Systems/IT, Finance, Underwriting, Human Resources, Legal, and Payroll, etc.
Job Responsibilities:
- Provides counsel and advice for sales incentive compensation program issues and matters.
- Partner with key business leadership to understand and identify the sales compensation business needs and drivers and ensuring the plans are aligned with the business strategy.
- Serve as advisor in the development of sales incentive programs that are market competitive and performance driven to drive key business initiatives and strategies.
- Evaluates sales compensation role eligibility – analyze job responsibilities, individual role in sales process, requirements and organizational structure and recommend internal job placement in the appropriate career architecture role.
- Participate in the administration of compensation programs, ensuring base pay and incentive pay are aligned with business objectives and overall organizational goals and strategies.
- Ensure internal equity and external competitiveness of the organization’s sales compensation programs through strategic assessment of business environment, competitor comparisons, and understanding of industry best practices.
- Provides subject matter expertise and counsels management on the Company’s Sales Compensation strategy, policies, programs, and communications.
Job Requirements:
- Certified Compensation Professional (CCP) or Certified Sales Compensation Professional (CSCP) designation a plus.
- Ability to communicate complex written information clearly and concisely in formal and informal documents to convey the right message.
- Highly motivated, organized and results oriented.
- Demonstrate strong influential leadership, business acumen and savvy.
- Manage personal and confidential information in an appropriate manner.
- Experience with compensation administration systems and Workday application programs a plus.
Qualification & Experience:
- Demonstrate ability to form effective working relationships with all levels of internal and external clients and partners.
- Excellent analytical, quantitative, project management, communication, problem solving and consultation skills required.
- Minimum 5+ years’ experience in a sales incentive compensation or related function, preferably within a large, complex and/or matrix organization supporting the design and implementation of sales incentive compensation programs.
- Compensation or related human resources or finance experience required.
- Ability to read and interpret complex information and explain it to others; listen actively; stay focused; identify hidden messages and draw out underlying issues.
- Bachelor’s Degree; MBA preferred (or equivalent work experience)
Job Details:
Company: Cigna
Vacancy Type: Full Time
Job Functions: Other
Job Location: Philadelphia, PA, US
Application Deadline: N/A
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