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Senior Manager, Incentive Compensation

Employer
Amgen
Location
Thousand Oaks, California
Start date
Aug 24, 2024
View more categoriesView less categories
Discipline
Administration, Finance
Required Education
High School or equivalent
Position Type
Full time
Hotbed
Biotech Beach, Best Places to Work

Job Details

HOW MIGHT YOU DEFY IMAGINATION?

If you feel like youre part of something bigger, its because you are. At Amgen, our shared missionto serve patientsdrives all that we do. It is key to our becoming one of the worlds leading biotechnology companies. We are global collaborators who achieve togetherresearching, manufacturing, and delivering ever-better products that reach over 10 million patients worldwide. Its time for a career you can be proud of.

Senior Manager, Incentive Compensation

Live

What you will do

The US Field Excellence team provides guidance and support to the sales organization by optimizing the field experience through Field Effectiveness, Incentive Compensation, Field Operations, and Field Systems and Capabilities Transformation.

Lets do this. Lets change the world. In this vital role as the Senior Manager, Incentive Compensation, you will lead the design, implementation, and evaluation of the incentive plans and programs 2 to 3 brands across 2 to 3 sales forces. This individual is responsible for aligning the sales incentive compensation strategy with the brand and sales objectives, ensuring fair and motivating rewards for the sales team, and analyzing the effectiveness and efficiency of the incentive plans.

Flexible Commuter role to Thousand Oaks, CA or Deerfield, IL office. You will work on-site 2 to 3 days a week.

This position reports to the Director, Incentive Compensation and be responsible for the following (focused on a particular business unit):

  • Primary point of contact for sales leaders and brand leaders to engage in the incentive compensation plan and contest design deliverables

  • Developing the incentive compensation design strategy in collaboration with sales and brand leadership while collaborating with cross-functional teams in forecasting, brand analytics, field effectiveness, HR and finance

  • Monitoring and evaluating the effectiveness and impact of the incentive compensation plans, using data analysis, feedback, and audits, and making adjustments as needed

  • Administration and operations of IC plans, contests, annual awards, payout calculations and validation, field inquiries, and IC reporting

  • Monitor industry trends and marketplace developments to stay ahead of the competition and adapt capabilities to changing business needs

Win

What we expect of you

We are all different, yet we all use our unique contributions to serve patients. The professional we seek is a collaborative leader with these qualifications.

Basic Qualifications:

Doctorate degree and 2 years of finance, sales & marketing operations and/or data analytics experience

Or

Masters degree and 4 years of finance, sales & marketing operations and/or data analytics experience

Or

Bachelors degree and 6 years of finance, sales & marketing operations and/or data analytics experience

Or

Associate degree and 10 years of finance, sales & marketing operations and/or data analytics experience

Or

High school diploma / GED and 12 years of finance, sales & marketing operations and/or data analytics experience

Preferred Qualifications:
  • 2+ years of hands-on experience in designing, implementing, and managing incentive compensation plans (with 5+ total years of field or sales operations experience) within the pharmaceutical or biotechnology industry, preferably in a large and complex organization

  • Strong knowledge of and experience working with pharmaceutical or biotechnology market data (meaning of data, limitations of data, ability to manipulate, etc.) including Specialty Pharmacy, IQVIA and Symphony Health data

  • Strategic Thought Partnership: Applies advanced consulting skills, including consultative listening, problem definition, hypothesis generation, data analysis, and translation of solutions to business value

  • Business Acumen: Strategic understanding of sales and marketing with the ability to identify product sales drivers, trends, issues, etc.

  • Planning and Process Optimization: Assess incentive compensation program processes and operations, identify challenges and/or opportunities, and implement improvements

  • Project Management: Ability to lead cross-functional teams to identify, prioritize, and implement improvements to field operations processes

  • Communication and Interpersonal Skills: Ability to convey complex data and strategies in a clear and persuasive manner, as well as the capacity to build and maintain strong relationships with the sales team, cross-functional partners, and external stakeholders

Thrive

What you can expect of us

As we work to develop treatments that take care of others, we also work to care for our teammates professional and personal growth and well-being.

The expected annual salary range for this role in the U.S. (excluding Puerto Rico) is posted. Actual salary will vary based on several factors including but not limited to, relevant skills, experience, and qualifications.

Amgen offers a Total Rewards Plan comprising health and welfare plans for staff and eligible dependents, financial plans with opportunities to save towards retirement or other goals, work/life balance, and career development opportunities including:

  • Comprehensive employee benefits package, including a Retirement and Savings Plan with generous company contributions, group medical, dental and vision coverage, life and disability insurance, and flexible spending accounts.

  • A discretionary annual bonus program, or for field sales representatives, a sales-based incentive plan

  • Stock-based long-term incentives

  • Award-winning time-off plans and bi-annual company-wide shutdowns

  • Flexible work models, including remote work arrangements, where possible

Apply now

for a career that defies imagination

Objects in your future are closer than they appear. Join us.

careers.amgen.comApplication deadline

Amgen does not have an application deadline for this position; we will continue accepting applications until we receive a sufficient number or select a candidate for the position.

Amgen is an Equal Opportunity employer and will consider you without regard to your race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Company

We are all different, yet we have this in common: our mission to serve patients. This sense of shared purpose is key to our becoming one of the world’s leading biotechnology companies. It guides us as we continue to launch new medicines and reach millions of patients worldwide.

We live the mission.

We win together.

We thrive on continual challenge.

Our team of 22,000+ scientists and professionals worldwide bring distinct perspectives and experiences to all we do. We leverage our global talent to achieve together—to research, manufacture and deliver ever-better products and greater depth to our mission.

At Amgen, there is a strong correlation between our high level of diversity and performance. Because addressing issues with a wider range of perspectives and approaches leads to more creative problem-solving. Together, we’re transforming the promise of science and biotechnology into therapies that have the power to restore health.

Connect with us to explore how you can Win, Live, and Thrive at Amgen.

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Company info
Website
Phone
805-447-1000
Location
Corporate Headquarters
One Amgen Center Drive
Thousand Oaks
California
91320-1799
United States

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