Bringing life-changing medicines to millions of people, Novartis sits at the intersection of cutting-edge medical science and innovative digital technology. As a global company, the resources and opportunities for growth and development are plentiful including global and local cross functional careers, a di-verse learning suite of thousands of programs & an in-house marketplace for rotations & project work. With a strong medicines pipeline our current transformation will not just deliver growth for our business but continue to allow us to bring innovative medicines to patients quickly

The Incentive Compensation (IC) Operations support team member is responsible for supporting all components of incentive compensation operations for the Customer Engagement organization. In addition, you will partner with analytics teams, IT, Information Management, P&O, Finance, Legal, ERC, external vendors and NVS Hyderabad to implement timely and accurate calculation, administration, and delivery of monthly incentive compensation (IC) report, IC payouts, the annual award programs and brand specific contests.
The Incentive Compensation support team member responsibilities may include the following.

• Support the design, implementation, and administration of incentive compensation plans and contests for the field as guided by the therapeutic area / brands. Partner and support CONEXTs in translating and implementing IC plan designs
• Participate in cross-functional collaboration with other teams within Customer Engagement, IT, Information Management, Finance, CONEXTs, Legal, Compliance and P&O as it pertains to Incentive compensation, contest & award planning and processing
• Provide input on and assist with adoption of change management and/or new technologies in support of IC execution
• Manage operations timeline in partnership with CONEXTs and develop a comprehensive IC awards and operations communication plan and calendar
• Support IC and Evolve payouts, awards, and leave of absence (LOA) processing. Assist with the triage and resolution of any inquiries/issues with inbound IC requests.
• Assist with the collection, review and implementation of Principle of Fairness submissions (RAISE tool), hierarchy/IC “rollup” information, MBO’s, Progressions, LTI and Evolve assessments
• Ensure accuracy of IC processing and reporting to deliver consistent rigor and governance
• Drive efficiencies through improvements and enhancements in IC processes, as well as elimination of redundancies

The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.

Education

Undergraduate degree in business or related field required. Graduate degree in a quantitative field (e.g., statistics, economics, mathematics, Operations Research, Finance, or MBA) preferred.

Experience

• Strong written and verbal communication skills, excels at interacting with a diverse group of people, at all levels of management, including senior leadership
• Prior Incentive Compensation Operations and/or Strategy/Design & Execution Partnering Skills, Stakeholder management. Preferred 4 years Pharmaceutical Sales, Marketing & Business Analysis experience.
• Business Acumen - ability to “connect dots” and generate insights/recognize multiple points of impact as a result of implementing change, change management and project management experience
• Knowledge of IMS and other industry data sources, such as Specialty Pharmacy data
• Strong analytical skills with high attention to detail and an ability to manage multiple projects and consistently meet deadlines
• Excellent PowerPoint and Excel skills

Why Novartis?
766 million lives were touched by Novartis medicines in 2021, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives.

We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.

We believe our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent what's possible, when we collaborate with courage to aggressively and ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying!

Commitment to Diversity & Inclusion: Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.

Accessibility and Reasonable Accommodations: Individuals in need of a reasonable accommodation due to a medical condition or disability for any part of the application process, or to perform the essential functions of a position, please send an e-mail to tas.nacomms@novartis.com or call +1 (877)395-2339 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.

The pay range for this position at commencement of employment is expected to be between $124,000.00 to 186,000.00 a year; however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.

PHARMA

CUSTOMER ENGAGEMENT

USA

East Hanover, NJ

Novartis Pharmaceuticals

Sales

Full Time

Regular

No

No