Manager, Sales Incentives & Coverage

Chamberlain Group

• $102K — $165K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in sales incentive program design and management
  • Strong analytical skills with proficiency in data interpretation
  • Excellent communication and leadership abilities
  • Experience collaborating with cross-functional teams
  • Knowledge of best practices in sales coverage strategies

Responsibilities

  • Develop and align Sales Incentive Plans with company objectives
  • Partner with leaders to adapt sales strategy to changing business needs
  • Manage SIP implementation, including timelines and metrics
  • Lead SIP Committee in making strategic plan adjustments
  • Oversee reporting on performance metrics and insights presentation
  • Research and introduce industry best practices for improvement
  • Consult with software teams to enhance SIP platform

Benefits

  • Comprehensive benefits package including health and wellness programs
  • 401k contribution with potential employer match
  • Participation in short-term incentive plans
  • Opportunities for professional development and growth
  • Supportive workplace culture aligned with company values
Full Job Description
  • Develop Sales Incentive Plans (SIP) that align with the achievement of annual Chamberlain Group business objectives.
  • Partner with cross-functional leaders to shape and advance SIP and sales coverage strategy to meet evolving business needs
  • Manage the implementation of SIP including the development of timelines, metrics, weighting, data architecture, data integration, launch plans, communication, and dashboards
  • Lead SIP Committee through in year decision changes and propose solutions that achieve optimal outcomes for both the business and the plan participants.
  • Oversee a direct report who is responsible for ongoing SIP maintenance and onboarding as well as leading sales coverage process, partnering with Sales leaders to analyze results, build maps, and plan territory/district definitions.
  • Provide accurate, real-time reporting on performance compared to targets. Analyze data and present insights and recommendations to stakeholders.
  • Research and introduce industry best practices to continuously improve SIP design and sales coverage strategy
  • Consult with vendor software team to optimize the SIP platform
  • Create SPIF (Sales Performance Incentive Funds) programs to drive short term business objectives and calculate & report sales performance.
  • Comply with health and safety guidelines and rules; managers should also ensure compliance across their teams.
  • Protect Chamberlain Group's reputation by keeping information confidential.
  • Maintain professional and technical knowledge by attending educational workshops, reading professional publications, establishing personal networks, and participating in professional societies.
  • Contribute to the team effort by accomplishing related results and participating on projects as needed.
  • Motivate and lead a high performance team by attracting, developing, engaging and retaining team members.
  • Drive the performance management and compensation processes by communicating job expectations, monitoring and evaluating performance, providing feedback and facilitating employee development per the company's policies.
  • Maintain transparent communication by appropriately communicating organization information to team through department meetings, one-on-one meetings, appropriate email, IM and regular interpersonal communications.
  • Lead and motivate individuals and teams to create a workplace culture that is consistent with the CG mission, vision and values.
  • Comply with health and safety guidelines and rules; managers should also ensure compliance across their teams.
  • Protect Chamberlain Group's reputation by keeping information confidential.
  • Maintain professional and technical knowledge by attending educational workshops, reading professional publications, establishing personal networks, and participating in professional societies.
  • Contribute to the team effort by accomplishing related results and participating on projects as needed.
  • Motivate and lead a high performance team by attracting, developing, engaging and retaining team members.
  • Drive the performance management and compensation processes by communicating job expectations, monitoring and evaluating performance, providing feedback and facilitating employee development per the company's policies.
  • Maintain transparent communication by appropriately communicating organization information to team through department meetings, one-on-one meetings, appropriate email, IM and regular interpersonal communications.
  • Lead and motivate individuals and teams to create a workplace culture that is consistent with the CG mission, vision and values


Experience:

  • 10+ years in analytics, corporate finance, compensation, consulting, or project management


Knowledge, Skills, and Abilities:

  • Ability to collaborate with and influence cross-functional teams


  • Excellent written, presentation, and communication skills and ability to articulate complex processes to stakeholders


  • Strong process implementation and internal control skills


  • Ability to manage data from multiple sources to create dynamic models and analysis tools


  • Demonstrated ability to take initiative and critically analyze processes and procedures in a push toward constant improvement


Other:

  • Ability to travel as needed for Sales meetings


Minimum Qualifications

Education/Certifications:

  • Bachelor's degree in a quantitative or business field (finance, economics, data science, statistics)


Preferred Qualifications

Education/Certifications:

  • MBA, Master's in Data Science, or Master's in Data Analytics


Experience:

  • Experience managing sales incentive plans specific to sales commissions, systems, and processes for a large sales force with diverse teams


Knowledge, Skills, and Abilities:

  • Sales Incentive system experience, preferably Everstage


  • Data visualization experience with Power BI


  • Salesforce.com knowledge


#LI- Hybrid - Oak Brook, IL

#LI-MM1

#INDCHP

The pay range for this position is $102,600.00 - $165,375.00; base pay offered may vary depending on a number of factors including, but not limited to, the position offered, location, education, training, and/or experience. In addition to base pay, also offered is a comprehensive benefits package and 401k contribution (all benefits are subject to eligibility requirements). This position is eligible for participation in a short-term incentive plan subject to the terms of the applicable plans and policies.

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