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Broker Compensation Strategy Consultant

2 months ago

Toronto, Ontario, Canada Allstate Full time

About Allstate

Allstate Insurance Company of Canada is a leading home and auto insurer focused on providing its customers with prevention and protection products and services for every stage of life. The company is proud to have been named a Best Employer in Canada for nine consecutive years and prioritizes supporting employees and fostering an inclusive, welcoming corporate culture.

Role Overview

We are seeking a highly skilled Broker Compensation Strategy Consultant to join our team. Reporting to the Director of Sales Planning and Compensation, this role will lead the design and delivery of our Broker Compensation program, aligning it with our strategy of paying for profitable growth.

Key Responsibilities

  • Design, develop, and implement Broker Compensation strategies that drive increased production and profitability.
  • Ensure that compensation programs support the organization's strategic objectives and meet legal requirements.
  • Build strong working relationships with Sales, HR, Risk, and Finance departments.
  • Continually monitor current and historical payment trends (internal and external) and keep abreast of the competitive landscape.
  • Assess capabilities and implement changes to compensational technology.
  • Develop recommendations and assist with preparation of business cases.
  • Recommend and build out Compensation growth tactics meant to increase revenues and grow market share.

Requirements

  • Post-secondary education.
  • Minimum 4 years of working experience in an analytical capacity.
  • Demonstrated ability to work across organizational departments and develop strong relationships across the company.
  • Exceptional analytical and critical thinking skills.
  • Ability to analyze complex data with high accuracy, be open-minded towards change, anticipate client needs, and work with others to identify and resolve issues.
  • Ability to coordinate various priorities under time pressure and ensure alignment to corporate objectives.
  • Strong communication (written and verbal), collaboration, and relationship-building skills.
  • Advanced level proficiency in Microsoft Office Applications such as Excel and Access.

Preferred Qualifications

  • Insurance industry experience.
  • CIP/FCIP/CRM (Certified Risk Manager) certification.

About the Role

This role will work cross-functionally with Sales, Finance, Risk, HR, Reporting, and partners in the U.S. team. Strong stakeholder engagement and working relationships will be key to being successful.

What We Offer

  • Flexible work arrangements.
  • Employee discounts (15% on auto and property insurance, plus many other products and services).
  • Good Office program (receive up to $400 back after purchasing office equipment).
  • Student Loan Payment Matching Program for Government Student loans.
  • Comprehensive Retirement Savings Program with employer-matched contributions.
  • Annual Wellness allowance to support employees with improving health and wellbeing.
  • Personal reflection day.
  • Tuition Reimbursement.
  • Working within the community and giving back.