Commission and Compensation Specialist
1 month ago
Foresters Financial is seeking a highly skilled and detail-oriented Bilingual Commission Administrator to join our team. As a key member of our Insurance Operations department, you will be responsible for ensuring the accurate and timely payment of commissions to our agents and agencies.
Key Responsibilities- Commission Processing: Prepare and process weekly and monthly commission runs and reports, ensuring accuracy and compliance with company policies.
- Compensation Adjustments: Perform adjustments to compensation based on policy changes, ensuring that agents and agencies are paid correctly.
- Commission Inquiries: Respond to and resolve daily telephone and email inquiries related to compensation issues, meeting established service level standards.
- Debt Collection: Track and assist with debt collection processes for agents and agencies, ensuring timely repayment of commission debt.
- Administrative Tasks: Input data accurately into our system, perform data analysis, and maintain accurate records.
- Education: College Diploma or equivalent work experience.
- Industry Experience: 1-2 years of experience in the Insurance Industry, with a strong understanding of commission structures and compensation policies.
- Skills: Strong analytical and problem-solving skills, good mathematical skills, accurate keyboarding skills, and excellent written and verbal communication skills.
- Language: Bilingual (French and English) is an asset.
- Work Environment: Ability to work in a fast-paced environment, with a strong attention to detail and ability to multi-task under pressure.
What We Offer: A dynamic and supportive work environment, opportunities for professional growth and development, and a competitive compensation package.
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