Senior Analyst, Incentive Compensation
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Teva Pharmaceuticals
Parsippany, NJ (In Person)
$114,620 Salary, Full-Time
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Job Description
We Are Teva We're Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it's innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we're dedicated to addressing patients' needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together.
Our Team, Your Impact The Senior Analyst, Incentive Compensation will provide analytical support for the design, implementation, evaluation, and reporting of incentive compensation plans, including the development and deployment of sales goals and quotas. This role involves delivering monthly/quarterly results and ranking reports to management and field sales teams, while addressing inquiries as needed. The Analyst will collaborate with key stakeholders to streamline workflows, ensure proper data integration, and establish best practices for managing incentive compensation processes in-house. Additionally, the role will focus on improving the efficiency, accuracy, and scalability of incentive compensation functions through the development of internal processes and tools and will provide training and support to internal teams on new systems, processes, and data management practices.
How You'll Spend Your Day All areas of responsibility listed below are essential to the satisfactory performance of this position by any incumbents with reasonable accommodation if necessary. Any non-essential functions are assumed to be included in other related duties or assignments. Analytical support of the design, implementation, evaluation, and reporting of incentive compensation plans, reports, and results including development and deployment of goals/quotas; identifies and leverages opportunities to enhance planning and reporting processes
Already Working @TEVA? Make sure to apply through our internal career site on Twist—your one-stop shop for career developmentTeva's Equal Employment Opportunity Commitment Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws. Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to disabilityassistance@tevapharm.com with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address. Important notice to Employment Agencies - Please Read Carefully Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
Our Team, Your Impact The Senior Analyst, Incentive Compensation will provide analytical support for the design, implementation, evaluation, and reporting of incentive compensation plans, including the development and deployment of sales goals and quotas. This role involves delivering monthly/quarterly results and ranking reports to management and field sales teams, while addressing inquiries as needed. The Analyst will collaborate with key stakeholders to streamline workflows, ensure proper data integration, and establish best practices for managing incentive compensation processes in-house. Additionally, the role will focus on improving the efficiency, accuracy, and scalability of incentive compensation functions through the development of internal processes and tools and will provide training and support to internal teams on new systems, processes, and data management practices.
How You'll Spend Your Day All areas of responsibility listed below are essential to the satisfactory performance of this position by any incumbents with reasonable accommodation if necessary. Any non-essential functions are assumed to be included in other related duties or assignments. Analytical support of the design, implementation, evaluation, and reporting of incentive compensation plans, reports, and results including development and deployment of goals/quotas; identifies and leverages opportunities to enhance planning and reporting processes
- Provides management and field sales teams with monthly/quarterly results information, including ranking reports; answers inquiries from the field as needed
- Collaborate with key stakeholders to streamline workflows, ensure proper data integration, and establish best practices for managing incentive compensation processes in-house
- Help develop internal processes and tools to improve the efficiency, accuracy, and scalability of incentive compensation functions
- Provide training and support to internal teams on new systems, processes, and data management practices related to incentive compensationYour Skills and Experience Any equivalent combination of education, training and/or experience that fulfills the requirements of the position will be considered.
Education/Certification/Experience:
- Bachelor's degree in business/engineering/data science or a STEM related discipline
- Minimum 2 years of Pharmaceutical Sales Operations, Sales Planning, Sales Administration, Pharmaceutical Marketing, or similar experience in a Corporate or Line of Business function
- Must have at least 2 years of hands-on using Python & SQL
- 1+ year of financial/operational analytical experience
Skills/Knowledge/Abilities:
- Strong proficiency in Microsoft Excel (advanced functions such as pivot tables, v-lookups, etc.).
- Hands-on experience with Python and SQL is a must.
- Strong analysis/quantitative skills and the ability to translate analysis into actionable tasks
- Develop mathematical/financial models to solve complex analytical challenges and optimize incentive compensation structures
- Work effectively across functions as a team player to achieve common goals without hierarchy, politics or self-interest.
TRAVEL REQUIREMENTS
- Approximately 10% domestic travel throughout the US, which may include weekend and overnight trips.
Comprehensive Health Insurance:
Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.Retirement Savings:
401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.Time Off:
Paid Time Off including vacation, sick/safe time, caretaker time and holidays.Life and Disability Protection:
Company paid Life and Disability insurance. Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more. Compensation Data The annual starting salary for this position is between $104,240 - 125,000 annually. Factors which may affect starting salary within this range and level of role may include geography/market, skills, education, experience and other qualifications of the successful candidate.Already Working @TEVA? Make sure to apply through our internal career site on Twist—your one-stop shop for career developmentTeva's Equal Employment Opportunity Commitment Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws. Please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience. Request a reasonable accommodation by sending an email to disabilityassistance@tevapharm.com with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address. Important notice to Employment Agencies - Please Read Carefully Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
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