Verisk Edinburgh, Scotland, United Kingdom
Verisk Edinburgh, Scotland, United Kingdom
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Job Description
Are you technologically savvy with a knack for financial or sales administration/analysis?Does creating solutions and solving problems get you excited? Do you desire to work in a thriving, fast paced publicly traded company?If you have exceptional client interfacing skills and enjoy working in a highly collaborative environment, please read on…
Job Description
Are you technologically savvy with a knack for financial or sales administration/analysis?Does creating solutions and solving problems get you excited? Do you desire to work in a thriving, fast paced publicly traded company?If you have exceptional client interfacing skills and enjoy working in a highly collaborative environment, please read on…
Verisk’s Sales Operations team is seeking an analytical, self-motivated Compensation Analyst,
like you, to design, administer and drive key processes that facilitate compensation and goal reporting, compensation payouts, and strategic planning activities specific to compensation plans and the integration of new initiatives into key reporting processes or compensation plans across multiple Sales organizations. Here you will be a key member of the Sales Planning & Compensation team working with a group of accomplished high level sales executives while deepening your knowledge and skills with an ever expanding breadth of projects.If you enjoy learning new technology and enjoy building relationships with colleagues and clients, we want to talk to you!
At Verisk, you can have a rewarding career with challenging and meaningful work, the chance to make a positive impact on the business, and find the support, coaching, and training it takes to advance your career. Our commitment to individual choice lets you customize aspects of your career path, your educational opportunities, and your benefits. And our culture of innovation means your ideas on how to improve our business efforts will be heard. As key contributors to our success, our team members enjoy working in a business casual, collaborative environment that offers state-of-the-art resources, advanced technologies, and an excellent benefits package!
Responsibilities
* Thoroughly understand compensation plans to ensure payments are accurate and in compliance.
* Support audit deliverables related to compensation payouts and provide assistance related to Sarbanes-Oxley testing of sales compensation processes. (Includes managing and tracking audit language in contracts).
* Responsible for the calculation of the monthly/quarterly/annual sales commissions for specific sales area as well as International sales.
* Support the overall sales compensation process, which includes but is not limited to working with consulting services team in configuring plans in compensation system, maintaining the compensation database to ensure that all data required (i.e. Quotas, Actual sales, crediting rules…) for all plan participants are up-to-date and accurate.
* Responsible for issue escalations and response to sales teams on inquiries as requested, ensuring issue and error resolution.
* Utilize knowledge of commission plans to manually calculate commissions when needed.
* Prepare special pay forms and submit to payroll to ensure sales receives correct compensation pay outs in a timely manner.
* Perform staff support activities as needed for the development, implementation, communication and administration of sales commission programs, plans, policies and quotas.
* Perform regular audits of data used to track sales incentives and commissions.
* Compile, analyze and interpret results data results to identify general trends and patterns that may need to be addressed by management.
* Identify data sources and opportunities for additional automation and/or process streamlining.
* Lead or participate, as required, in developing and delivering training materials on compensation policies, processes and systems to sales teams as well as write up compensation plans.
* Actively participate in User Acceptance Testing activities associated with new or modified system implementations to ensure that systems are properly configured when adjustments are made to current compensation plans or new compensation plans are implemented.
* Salesforce maintenance of accounts and reporting.
Qualifications
* Bachelor’s degree required.
* 3-4 years of financial and/or sales administration or analysis experience
* Highly proficient in Excel, with knowledge of advanced functions.
* Must be able to apply learned functional job methodologies and processes in the completion of work assignments and understand impact job has on organization.
* High level problem-solving skills with the ability to apply existing processes and procedures to identify solutions.
* Technologically savvy with experience in report-writing/business intelligence tools (e.g. Salesforce, PeopleSoft, Power BI etc.).
* Experience with handling FX/ currency exchange rate
* Exceptional oral/written communication and interpersonal skills.
We are offering an excellent compensation package that includes short-term cash incentive.Our benefits package is competitive and includes full health care options, a 401(k) plan, a work from home program, and a generous Paid-Time-Off program.
About Us
For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.
At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.
For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work for outstanding workplace culture in the US, fourth consecutive year in the UK, Spain, and India, and second consecutive year in Poland. We value learning, caring and results and make inclusivity and diversity a top priority. In addition to our Great Place to Work Certification, we’ve been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World’s Best Employer and Best Employer for Women, testaments to the value we place on workplace culture.
We’re 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.
Verisk Businesses
Underwriting Solutions — provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision
Claims Solutions — supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences
Property Estimating Solutions — offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient
Extreme Event Solutions — provides risk modeling solutions to help individuals, businesses, and society become more resilient to extreme events.
Specialty Business Solutions — provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance
Marketing Solutions — delivers data and insights to improve the reach, timing,relevance, and compliance of every consumer engagement
Life Insurance Solutions – offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.
Verisk Maplecroft — provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger
Verisk Analytics is an equal opportunity employer.
All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk’s minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.
https://www.verisk.com/company/careers/
Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.
Verisk Employee Privacy Notice
Seniority level
* Seniority level
Mid-Senior level
Employment type
* Employment type
Full-time
Job function
* Job function
Sales and Business Development
* Industries
Information Services
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