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Remote New

Incentive Compensation Analyst

LivaNova
$90,000 - $115,000 + discretionary annual bonus. Pay ranges may vary by location.
401(k)
United States, Illinois
Sep 15, 2025

Join us today and make a difference in people's lives!

LivaNova is a global medical technology company built on nearly five decades of experience and a relentless commitment to improving the lives of patients around the world. Our advanced technologies and breakthrough treatments provide meaningful solutions for the benefit of patients, healthcare professionals, and healthcare systems. The company is listed on the NASDAQ stock exchange under the ticker symbol " LIVN ." LivaNova is headquartered in London (UK) with a presence in over 100 countries and a team of more than 3,000 employees worldwide.

Job Description

The Incentive Compensation Analyst plays a critical role in supporting LivaNova's Sales Operations team by managing and optimizing sales incentive programs. This position is responsible for administering commission systems, ensuring accurate and timely compensation payouts. The analyst will work cross-functionally with HR, Payroll, Accounting, Finance and Sales to maintain data integrity and streamline compensation processes. A strong understanding of SPM tools (such as Xactly Incent, Spiff, Varicent, CaptivateIQ, etc.), CRM (Salesforce), and Excel is essential, along with a proactive approach to problem-solving and continuous improvement.

Key Responsibilities - Other duties may be assigned

  • Serve as a Sales Performance Management (SPM) system administrator. Responsibilities include system configuration, report design, sales compensation plan testing and validation, financial accruals, and payroll file preparation.

  • Configure and maintain sales compensation plans, ensuring accurate calculations and timely payout cycles (monthly, quarterly, and annually).

  • Manage system setups for new hires, promotions, transfers, and terminations, in coordination with HR, Payroll, and Sales Operations.

  • Resolve inquiries related to quotas, territories, credits, and payouts from the Sales team with speed and accuracy.

  • Develop and maintain dashboards, reports, and analytics to monitor performance and compensation metrics.

  • Build and maintain process documentation and Standard Operating Procedures (SOPs) to support future scalability.

  • Participate in continuous improvement initiatives by identifying and recommending workflow optimizations, automation opportunities, and user experience enhancements.

  • Streamline compensation workflows and tools to reduce manual effort, improve reliability, and enhance operational efficiency.

  • Collaborate with Accounting and Payroll teams to ensure monthly, quarterly, and annual variable compensation payments are calculated, accrued, communicated, and processed accurately and on time.

Basic Qualifications:

  • Bachelor's degree in Business, IT, Finance, Accounting, HR, or equivalent professional experience.

  • Advanced Microsoft Excel skills, including complex formulas, pivot tables, PowerQuery, and data analytics.

  • Five or more years of experience in compensation, sales operations, and/or sales commissions.

  • Three or more years of hands-on experience managing and implementing SPM tools (such as Xactly Incent, Varicent, CaptivateIQ, Spiff, etc.).

  • Proficiency in organizing, summarizing, and analyzing large data sets.

  • Ability to create elegant, efficient, and effective compensation and financial models, budgets, reports, and presentations.

  • Experience administering sales commission plans.

PREFERRED QUALIFICATIONS:

  • Experience with Workday.

  • Experience with Qlik, Cognos, and Power BI.

  • Experience with Salesforce.

  • Formal SPM certification and demonstrated ability to program and deploy complex compensation logic.

KNOWLEDGE, SKILLS & ABILITIES:

  • Excellent interpersonal skills with the ability to interface effectively across all levels of the organization.

  • Exceptional problem-solving and analytical skills, with the ability to analyze complex data sets and summarize findings efficiently.

  • Thrives in a collaborative team environment within a high-growth, fast-paced organization.

  • Strong, effective, and tactful communication skills.

  • Ability to manage and safeguard confidential information.

  • Demonstrated initiative, flexibility, and the ability to set priorities with minimal direct supervision.

  • Strong analytical mindset with disciplined attention to detail; highly organized and thorough.

  • Proven ability to prioritize and manage multiple assignments with competing deadlines.

PAY TRANSPARENCY: A reasonable estimate of the annual base salary for this position is $90,000 - $115,000 + discretionary annual bonus. Pay ranges may vary by location.

Employee benefits include:

* Health benefits - Medical, Dental, Vision

* Personal and Vacation Time

* Retirement & Savings Plan (401K)

* Employee Stock Purchase Plan

* Training & Education Assistance

* Bonus Referral Program

* Service Awards

* Employee Recognition Program

* Flexible Work Schedules

Valuing different backgrounds:

LivaNova values equality and diversity. We are committed to ensuring that our recruitment process is fair, transparent and free from unlawful discrimination. Our selection process is driven by the key demands/requirements for the role rather than bias or discrimination on the basis of a candidate's sex, gender identity, age, marital status, veteran status, non-job-related disability/handicap or medical condition, family status, sexual orientation, religion, color, ethnicity, race or any other legally protected classification.

Notice to third party agencies:

Please note that we do not accept unsolicited resumes from recruiters or employment agencies. In the absence of a signed Recruitment Services Agreement, we will not consider, or agree to, payment of any referral compensation or recruiter fee. In the event that a recruiter or agency submits a resume or candidate without a previously signed agreement, we explicitly reserve the right to pursue and hire those candidate(s) without any financial obligation to the recruiter or agency.

Beware of Job Scams:

Please beware of potentially fraudulent job postings or suspicious recruiting activity by persons posing as LivaNova recruiters or employees. The scammers may attempt to solicit confidential, personal information, such as a social security number, or your financial information. LivaNova will never ask for fees prior/during/after the application process, nor will we ask for banking details or personal financial information in return for the assurance of employment. If you are concerned that an offer of employment might be a scam or that the recruiter is not legitimate, please verify by searching for "See Open Jobs" on https://www.livanova.com/en-us/careers, and check that all recruitment emails come from an @livanova.com email address.

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